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 | |
|---|---|---|---|---|---|---|
1851
CALL
TG Therapeutics
TGTX
$7.34B
| $28.4M | ﹤0.01% |
785,600
+110,000
| +16% | +$3.62M |
|
1852
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $28.4M | ﹤0.01% |
456,600
+234,900
| +106% | +$14.1M |
|
1853
CALL
Barclays
BCS
$94.6B
| $28.4M | ﹤0.01% |
1,371,700
-309,100
| -18% | -$6.12M |
|
|
EMBJ
1854
PUT
Embraer S.A. ADS
EMBJ
$13.2B
| $28.3M | ﹤0.01% |
468,900
-133,800
| -22% | -$7.56M |
|
1855
Sibanye-Stillwater
SBSW
$7.42B
| $28.3M | ﹤0.01% |
2,518,882
+2,257,109
| +862% | +$19.7M |
|
1856
Keurig Dr Pepper
KDP
$42.3B
| $28.2M | ﹤0.01% |
1,107,361
+846,680
| +325% | +$26.5M |
|
1857
PUT
Edwards Lifesciences
EW
$53.4B
| $28.2M | ﹤0.01% |
363,000
-58,100
| -14% | -$4.54M |
|
|
VRNA
1858
PUT
DELISTED
Verona Pharma
VRNA
| $28.2M | ﹤0.01% |
264,100
-704,700
| -73% | -$73.6M |
|
1859
Lennar Class A
LEN
$21.1B
| $28.2M | ﹤0.01% |
223,572
-119,507
| -35% | -$14.8M |
|
1860
PUT
Deutsche Bank
DB
$72.1B
| $28.1M | ﹤0.01% |
794,200
+49,900
| +7% | +$1.7M |
|
1861
Airbnb
ABNB
$111B
| $28.1M | ﹤0.01% |
231,337
+90,999
| +65% | +$11.8M |
|
1862
CALL
Aehr Test Systems
AEHR
$4.02B
| $28M | ﹤0.01% |
930,400
+594,600
| +177% | +$12.9M |
|
1863
CALL
MSCI
MSCI
$41.8B
| $28M | ﹤0.01% |
49,300
+4,400
| +10% | +$2.49M |
|
1864
CALL
Tyson Foods
TSN
$19.8B
| $27.9M | ﹤0.01% |
514,700
+49,700
| +11% | +$2.74M |
|
1865
HP
HPQ
$28.6B
| $27.9M | ﹤0.01% |
1,023,877
+689,876
| +207% | +$18.4M |
|
1866
PUT
Fluor
FLR
$7B
| $27.9M | ﹤0.01% |
662,200
-3,200
| -0.5% | -$147K |
|
1867
PUT
GSK
GSK
$101B
| $27.9M | ﹤0.01% |
645,300
-103,500
| -14% | -$4.04M |
|
1868
iShares China Large-Cap ETF
FXI
$4.16B
| $27.8M | ﹤0.01% |
675,143
-1,760,094
| -72% | -$68M |
|
1869
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$327M
| $27.7M | ﹤0.01% |
730,200
+670,190
| +1,117% | +$28.7M |
|
1870
Roku
ROKU
$22.9B
| $27.7M | ﹤0.01% |
276,786
-223,434
| -45% | -$20.6M |
|
1871
PUT
State Street
STT
$52.2B
| $27.6M | ﹤0.01% |
238,300
-2,500
| -1% | -$279K |
|
1872
CALL
Delek US
DK
$4.18B
| $27.6M | ﹤0.01% |
856,000
+140,600
| +20% | +$3.67M |
|
1873
PUT
Waters Corp
WAT
$40.6B
| $27.6M | ﹤0.01% |
92,100
+82,600
| +869% | +$24.9M |
|
1874
CALL
iShares MSCI Japan ETF
EWJ
$23.2B
| $27.6M | ﹤0.01% |
343,600
-526,300
| -61% | -$40.7M |
|
1875
Ionis Pharmaceuticals
IONS
$9.28B
| $27.5M | ﹤0.01% |
+420,950
| New | +$20.6M |
|
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.