Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
Arm
ARM
$302B
| $868M | 0.1% |
6,137,600
-769,200
| -11% | -$112M |
|
152
CALL
Wells Fargo
WFC
$264B
| $862M | 0.1% |
10,279,600
+1,054,100
| +11% | +$85.5M |
|
153
PUT
Reddit
RDDT
$31.1B
| $861M | 0.1% |
3,742,400
+1,301,700
| +53% | +$266M |
|
154
CALL
Applied Materials
AMAT
$428B
| $857M | 0.1% |
4,187,300
+970,400
| +30% | +$176M |
|
|
NBIS
155
CALL
Nebius Group N.V.
NBIS
$47.7B
| $844M | 0.1% |
7,521,700
+2,905,900
| +63% | +$202M |
|
156
Amazon
AMZN
$2.96T
| $841M | 0.1% |
3,830,935
+1,123,441
| +41% | +$254M |
|
157
CALL
Johnson & Johnson
JNJ
$625B
| $841M | 0.1% |
4,533,900
+1,255,700
| +38% | +$215M |
|
158
PUT
PepsiCo
PEP
$190B
| $838M | 0.1% |
5,966,000
+2,646,100
| +80% | +$378M |
|
159
CALL
Mastercard
MA
$493B
| $829M | 0.09% |
1,458,000
+372,100
| +34% | +$214M |
|
160
CALL
Caterpillar
CAT
$387B
| $828M | 0.09% |
1,734,800
+327,200
| +23% | +$140M |
|
161
PUT
Pfizer
PFE
$153B
| $825M | 0.09% |
32,383,400
-6,102,100
| -16% | -$151M |
|
|
162
iShares 20+ Year Treasury Bond ETF
TLT
$40.9B
| $818M | 0.09% |
9,156,186
-9,839,309
| -52% | -$861M |
|
163
PUT
Walmart Inc
WMT
$890B
| $816M | 0.09% |
7,919,800
-2,603,500
| -25% | -$259M |
|
|
164
PUT
Caterpillar
CAT
$387B
| $814M | 0.09% |
1,705,900
+470,500
| +38% | +$201M |
|
|
165
PUT
Applied Materials
AMAT
$428B
| $814M | 0.09% |
3,973,700
+1,658,500
| +72% | +$301M |
|
166
PUT
AutoZone
AZO
$51.1B
| $794M | 0.09% |
185,000
+81,500
| +79% | +$327M |
|
|
167
PUT
Johnson & Johnson
JNJ
$625B
| $792M | 0.09% |
4,271,300
+1,066,200
| +33% | +$183M |
|
168
PUT
Iris Energy
IREN
$14.7B
| $789M | 0.09% |
16,818,000
+9,161,600
| +120% | +$222M |
|
|
169
PUT
Mastercard
MA
$493B
| $785M | 0.09% |
1,380,900
-118,700
| -8% | -$68.2M |
|
170
CALL
GE Aerospace
GE
$384B
| $782M | 0.09% |
2,598,000
-985,700
| -28% | -$269M |
|
171
PUT
ARK Innovation ETF
ARKK
$6.29B
| $780M | 0.09% |
9,034,600
+4,176,000
| +86% | +$319M |
|
172
CALL
JD.com
JD
$44.5B
| $774M | 0.09% |
22,135,900
+14,936,700
| +207% | +$486M |
|
173
CALL
Dell
DELL
$293B
| $774M | 0.09% |
5,458,100
+1,972,500
| +57% | +$256M |
|
|
174
CALL
lululemon athletica
LULU
$14.6B
| $768M | 0.09% |
4,313,600
+2,388,500
| +124% | +$479M |
|
175
CALL
Qualcomm
QCOM
$176B
| $765M | 0.09% |
4,601,200
+22,100
| +0.5% | +$3.51M |
|
Similar funds
Susquehanna International Group's Q3 2025 Portfolio in Review
As of Q3 2025, Susquehanna International Group held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Susquehanna International Group's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Susquehanna International Group added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Susquehanna International Group's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Susquehanna International Group fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Susquehanna International Group's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Susquehanna International Group opened 1,794 new positions and closed 2,105 in Q3 2025.
- Susquehanna International Group's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.