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 | |
|---|---|---|---|---|---|---|
1901
PUT
McCormick & Company Non-Voting
MKC
$14.6B
| $26.6M | ﹤0.01% |
397,700
+285,300
| +254% | +$20M |
|
1902
CALL
Otis Worldwide
OTIS
$27.8B
| $26.6M | ﹤0.01% |
290,700
+17,900
| +7% | +$1.62M |
|
1903
Innovator US Equity Power Buffer ETF September
PSEP
$842M
| $26.5M | ﹤0.01% |
618,002
+596,924
| +2,832% | +$25M |
|
1904
Applied Optoelectronics
AAOI
$11B
| $26.5M | ﹤0.01% |
1,023,223
+482,120
| +89% | +$12.3M |
|
1905
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.4B
| $26.5M | ﹤0.01% |
1,091,600
-93,700
| -8% | -$2.88M |
|
1906
Vertex Pharmaceuticals
VRTX
$131B
| $26.5M | ﹤0.01% |
67,683
+5,474
| +9% | +$2.29M |
|
|
SPYM
1907
PUT
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $26.5M | ﹤0.01% |
338,300
+55,500
| +20% | +$4.19M |
|
1908
PUT
GE HealthCare
GEHC
$33.3B
| $26.5M | ﹤0.01% |
352,200
+42,100
| +14% | +$3.14M |
|
1909
CALL
iShares Expanded Tech Sector ETF
IGM
$10.9B
| $26.4M | ﹤0.01% |
209,700
+175,000
| +504% | +$20.6M |
|
1910
PUT
Suncor Energy
SU
$76.5B
| $26.4M | ﹤0.01% |
631,600
-7,400
| -1% | -$297K |
|
1911
PUT
Kinross Gold
KGC
$31.9B
| $26.4M | ﹤0.01% |
1,060,500
+739,500
| +230% | +$14.2M |
|
1912
PUT
Elastic
ESTC
$8.94B
| $26.4M | ﹤0.01% |
311,900
+86,500
| +38% | +$7.28M |
|
1913
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $26.3M | ﹤0.01% |
+313,039
| New | +$26M |
|
1914
CALL
Pagaya Technologies
PGY
$1.79B
| $26.3M | ﹤0.01% |
886,600
+80,000
| +10% | +$2.58M |
|
1915
PUT
DaVita
DVA
$11.4B
| $26.3M | ﹤0.01% |
198,000
-20,800
| -10% | -$2.86M |
|
1916
Recursion Pharmaceuticals
RXRX
$1.78B
| $26.3M | ﹤0.01% |
5,389,176
+2,183,837
| +68% | +$11.5M |
|
1917
CALL
Magnite
MGNI
$3.53B
| $26.3M | ﹤0.01% |
1,207,100
+324,700
| +37% | +$7.67M |
|
1918
CALL
Rhythm Pharmaceuticals
RYTM
$7.99B
| $26.2M | ﹤0.01% |
259,600
+199,400
| +331% | +$18.5M |
|
1919
PUT
Logitech
LOGI
$15B
| $26.2M | ﹤0.01% |
238,800
+24,100
| +11% | +$2.42M |
|
1920
Sun Communities
SUI
$14.6B
| $26.2M | ﹤0.01% |
202,995
-33,026
| -14% | -$4.17M |
|
1921
EQT Corp
EQT
$33.8B
| $26.2M | ﹤0.01% |
480,907
-336,724
| -41% | -$17.8M |
|
1922
PUT
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.2B
| $26.2M | ﹤0.01% |
403,400
-28,800
| -7% | -$1.72M |
|
1923
BrightSpring Health Services
BTSG
$11.9B
| $26.1M | ﹤0.01% |
884,280
+497,319
| +129% | +$11.6M |
|
1924
Enovix
ENVX
$966M
| $26.1M | ﹤0.01% |
2,621,056
-515,719
| -16% | -$5.71M |
|
1925
PUT
Oneok
OKE
$58.4B
| $26.1M | ﹤0.01% |
358,100
-19,200
| -5% | -$1.47M |
|
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.