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 | |
|---|---|---|---|---|---|---|
2276
Restaurant Brands International
QSR
$27B
| $18.8M | ﹤0.01% |
293,331
+271,860
| +1,266% | +$17.9M |
|
2277
CALL
Novavax
NVAX
$1.32B
| $18.8M | ﹤0.01% |
2,169,100
+953,200
| +78% | +$7.42M |
|
2278
PUT
Itron
ITRI
$4.51B
| $18.8M | ﹤0.01% |
150,900
+143,900
| +2,056% | +$18.3M |
|
2279
Argan
AGX
$7.84B
| $18.8M | ﹤0.01% |
69,591
+15,018
| +28% | +$3.44M |
|
2280
Okta
OKTA
$26.7B
| $18.8M | ﹤0.01% |
204,671
+62,613
| +44% | +$5.85M |
|
2281
Cencora
COR
$58.5B
| $18.8M | ﹤0.01% |
59,999
-53,336
| -47% | -$15.7M |
|
2282
Sprott Uranium Miners ETF
URNM
$2.02B
| $18.7M | ﹤0.01% |
310,271
+301,159
| +3,305% | +$15.2M |
|
2283
NXP Semiconductors
NXPI
$58.6B
| $18.7M | ﹤0.01% |
82,285
+35,774
| +77% | +$8.05M |
|
2284
Etsy
ETSY
$7.36B
| $18.7M | ﹤0.01% |
281,982
+200,442
| +246% | +$12M |
|
2285
PUT
Universal Health Services
UHS
$10.1B
| $18.7M | ﹤0.01% |
91,500
-30,000
| -25% | -$5.4M |
|
2286
PUT
Copart
CPRT
$28.1B
| $18.7M | ﹤0.01% |
415,000
-233,200
| -36% | -$11M |
|
2287
Viatris
VTRS
$18.4B
| $18.6M | ﹤0.01% |
1,882,642
+485,170
| +35% | +$4.72M |
|
2288
PUT
Installed Building Products
IBP
$6.51B
| $18.6M | ﹤0.01% |
75,500
+56,500
| +297% | +$13.4M |
|
|
MPT
2289
Medical Properties Trust
MPT
$2.53B
| $18.6M | ﹤0.01% |
3,663,932
+2,869,542
| +361% | +$12.6M |
|
2290
PUT
SiTime
SITM
$20.9B
| $18.6M | ﹤0.01% |
61,600
+22,500
| +58% | +$5.22M |
|
2291
CALL
PTC
PTC
$16.3B
| $18.6M | ﹤0.01% |
91,400
+600
| +0.7% | +$122K |
|
2292
CALL
Alpha Metallurgical Resources
AMR
$2.06B
| $18.5M | ﹤0.01% |
113,000
+22,100
| +24% | +$3.06M |
|
2293
CALL
F5
FFIV
$23.6B
| $18.5M | ﹤0.01% |
57,300
-112,600
| -66% | -$35.2M |
|
2294
CALL
OneMain Financial
OMF
$7.52B
| $18.5M | ﹤0.01% |
327,900
+67,400
| +26% | +$3.98M |
|
2295
CALL
POET Technologies
POET
$1.62B
| $18.5M | ﹤0.01% |
3,337,400
+133,100
| +4% | +$752K |
|
|
VSXY
2296
CALL
Victoria's Secret
VSXY
$7.14B
| $18.5M | ﹤0.01% |
680,100
+161,000
| +31% | +$3.62M |
|
2297
CALL
Arrowhead Research
ARWR
$12B
| $18.4M | ﹤0.01% |
534,100
+460,000
| +621% | +$10.1M |
|
2298
NRG Energy
NRG
$25.8B
| $18.3M | ﹤0.01% |
113,164
-653
| -0.6% | -$102K |
|
2299
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $18.3M | ﹤0.01% |
233,553
+114,584
| +96% | +$9.26M |
|
|
XIFR
2300
PUT
XPLR Infrastructure LP
XIFR
$1.09B
| $18.3M | ﹤0.01% |
1,797,500
+77,800
| +5% | +$752K |
|
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.