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 | |
|---|---|---|---|---|---|---|
|
QXO
2126
PUT
QXO Inc
QXO
$16.1B
| $21.5M | ﹤0.01% |
1,126,100
+140,700
| +14% | +$2.91M |
|
2127
MP Materials
MP
$9.91B
| $21.5M | ﹤0.01% |
319,903
+298,979
| +1,429% | +$18.8M |
|
|
CTRA
2128
CALL
DELISTED
Coterra Energy
CTRA
| $21.4M | ﹤0.01% |
906,500
+2,000
| +0.2% | +$48.2K |
|
2129
CALL
IES Holdings
IESC
$15.3B
| $21.4M | ﹤0.01% |
53,900
+5,400
| +11% | +$1.86M |
|
2130
PUT
Bitdeer Technologies
BTDR
$2.38B
| $21.4M | ﹤0.01% |
1,254,000
+1,045,400
| +501% | +$14.7M |
|
2131
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $21.4M | ﹤0.01% |
394,935
+371,782
| +1,606% | +$19.2M |
|
2132
PUT
Cal-Maine
CALM
$3.87B
| $21.4M | ﹤0.01% |
227,200
+28,900
| +15% | +$3.09M |
|
2133
PUT
Ollie's Bargain Outlet
OLLI
$4.73B
| $21.4M | ﹤0.01% |
166,500
+36,600
| +28% | +$4.86M |
|
2134
CALL
Jefferies Financial Group
JEF
$12.9B
| $21.4M | ﹤0.01% |
326,700
-131,100
| -29% | -$7.99M |
|
2135
PUT
AvalonBay Communities
AVB
$25.7B
| $21.4M | ﹤0.01% |
110,600
+44,700
| +68% | +$8.7M |
|
2136
CALL
CF Industries
CF
$17.7B
| $21.4M | ﹤0.01% |
238,100
-1,121,300
| -82% | -$100M |
|
2137
CALL
Alignment Healthcare
ALHC
$2.8B
| $21.3M | ﹤0.01% |
1,223,400
+980,800
| +404% | +$14.5M |
|
2138
PUT
Invesco
IVZ
$13.9B
| $21.3M | ﹤0.01% |
930,200
+523,200
| +129% | +$10.9M |
|
2139
Pultegroup
PHM
$24.6B
| $21.3M | ﹤0.01% |
161,276
+84,873
| +111% | +$10.5M |
|
2140
CALL
GoDaddy
GDDY
$12.7B
| $21.3M | ﹤0.01% |
155,600
+14,100
| +10% | +$2.17M |
|
2141
Bloom Energy
BE
$69.6B
| $21.2M | ﹤0.01% |
251,053
-1,282,532
| -84% | -$59.6M |
|
|
TPC
2142
CALL
Tutor Perini Cor
TPC
$5.05B
| $21.2M | ﹤0.01% |
323,700
+6,100
| +2% | +$340K |
|
2143
CALL
ODDITY Tech
ODD
$595M
| $21.2M | ﹤0.01% |
339,800
+25,100
| +8% | +$1.63M |
|
2144
PUT
Fastenal
FAST
$59.9B
| $21.2M | ﹤0.01% |
431,500
+11,500
| +3% | +$543K |
|
2145
Aon
AON
$74.7B
| $21.1M | ﹤0.01% |
59,306
-18,102
| -23% | -$6.55M |
|
2146
CALL
Boston Beer
SAM
$1.89B
| $21.1M | ﹤0.01% |
99,900
+43,300
| +77% | +$9.21M |
|
2147
CALL
Cracker Barrel
CBRL
$1.31B
| $21.1M | ﹤0.01% |
479,200
+337,100
| +237% | +$19.5M |
|
2148
Capital Group Core Plus Income ETF
CGCP
$8.53B
| $21.1M | ﹤0.01% |
+928,603
| New | +$21M |
|
2149
CALL
2x Long VIX Futures ETF
UVIX
$204M
| $21.1M | ﹤0.01% |
106,170
+30,320
| +40% | +$9.08M |
|
2150
PUT
Redwire
RDW
$3.3B
| $21.1M | ﹤0.01% |
2,344,400
+1,632,100
| +229% | +$19.1M |
|
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.