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 | |
|---|---|---|---|---|---|---|
|
MRUS
2076
PUT
DELISTED
Merus
MRUS
| $22.6M | ﹤0.01% |
240,300
+47,400
| +25% | +$3.09M |
|
2077
CALL
Vanguard Total World Stock ETF
VT
$81.9B
| $22.5M | ﹤0.01% |
163,600
+3,800
| +2% | +$505K |
|
2078
CALL
Range Resources
RRC
$9.39B
| $22.5M | ﹤0.01% |
598,900
-83,500
| -12% | -$2.98M |
|
2079
CALL
Universal Display
OLED
$4.23B
| $22.5M | ﹤0.01% |
156,900
+8,400
| +6% | +$1.22M |
|
2080
Medtronic
MDT
$116B
| $22.5M | ﹤0.01% |
236,576
+64,211
| +37% | +$5.9M |
|
2081
CALL
Conagra Brands
CAG
$7.39B
| $22.5M | ﹤0.01% |
1,229,800
+693,300
| +129% | +$13.3M |
|
2082
CALL
Enovix
ENVX
$966M
| $22.4M | ﹤0.01% |
2,251,500
-1,484,729
| -40% | -$16.4M |
|
2083
CALL
Ovintiv
OVV
$17.5B
| $22.4M | ﹤0.01% |
555,800
+169,200
| +44% | +$6.9M |
|
|
CFLT
2084
PUT
DELISTED
Confluent
CFLT
| $22.4M | ﹤0.01% |
1,132,600
+437,600
| +63% | +$9.15M |
|
|
CWAN
2085
CALL
DELISTED
Clearwater Analytics
CWAN
| $22.4M | ﹤0.01% |
1,240,400
+569,800
| +85% | +$11.6M |
|
2086
AGNC Investment
AGNC
$13B
| $22.3M | ﹤0.01% |
2,282,205
-211,915
| -8% | -$2.05M |
|
2087
CALL
Boot Barn
BOOT
$4.87B
| $22.3M | ﹤0.01% |
134,800
+35,100
| +35% | +$6.05M |
|
2088
Reinsurance Group of America
RGA
$16.1B
| $22.3M | ﹤0.01% |
116,194
+99,199
| +584% | +$19M |
|
2089
CALL
Equifax
EFX
$21.2B
| $22.3M | ﹤0.01% |
87,000
+28,200
| +48% | +$7.09M |
|
2090
PUT
Group 1 Automotive
GPI
$3.17B
| $22.3M | ﹤0.01% |
51,000
+17,200
| +51% | +$7.71M |
|
2091
Tapestry
TPR
$25.9B
| $22.3M | ﹤0.01% |
196,622
-175,772
| -47% | -$18.4M |
|
2092
PUT
Molson Coors Class B
TAP
$7.75B
| $22.2M | ﹤0.01% |
491,500
+78,400
| +19% | +$3.87M |
|
|
EXK
2093
Endeavour Silver
EXK
$3.05B
| $22.2M | ﹤0.01% |
2,831,503
+1,187,529
| +72% | +$7.01M |
|
2094
PUT
Groupon
GRPN
$901M
| $22.1M | ﹤0.01% |
947,600
-333,300
| -26% | -$9.59M |
|
2095
PUT
Unilever
UL
$135B
| $22.1M | ﹤0.01% |
331,111
-18,578
| -5% | -$1.28M |
|
2096
PUT
Willis Towers Watson
WTW
$31B
| $22M | ﹤0.01% |
63,800
+30,200
| +90% | +$9.78M |
|
2097
PUT
Grayscale Bitcoin Trust
GBTC
$9.51B
| $22M | ﹤0.01% |
245,500
+15,700
| +7% | +$1.41M |
|
2098
Red Cat Holdings
RCAT
$1.56B
| $22M | ﹤0.01% |
2,126,932
+539,141
| +34% | +$5.04M |
|
2099
PUT
Appian
APPN
$2.49B
| $22M | ﹤0.01% |
720,000
+566,700
| +370% | +$17M |
|
2100
PUT
American Water Works
AWK
$26.8B
| $22M | ﹤0.01% |
158,100
+90,200
| +133% | +$12.7M |
|
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.