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 | |
|---|---|---|---|---|---|---|
2351
PUT
Zimmer Biomet
ZBH
$19.2B
| $17.4M | ﹤0.01% |
176,300
+1,900
| +1% | +$188K |
|
2352
PUT
Tapestry
TPR
$25.7B
| $17.4M | ﹤0.01% |
153,300
-574,200
| -79% | -$60.1M |
|
2353
Republic Services
RSG
$66.3B
| $17.4M | ﹤0.01% |
75,611
+44,263
| +141% | +$10.4M |
|
|
GEMI
2354
PUT
Gemini Space Station
GEMI
$503M
| $17.3M | ﹤0.01% |
+723,500
| New | +$18.7M |
|
2355
PUT
Stellantis
STLA
$20.1B
| $17.3M | ﹤0.01% |
1,855,700
+504,400
| +37% | +$4.82M |
|
|
XIFR
2356
CALL
XPLR Infrastructure LP
XIFR
$1.09B
| $17.3M | ﹤0.01% |
1,702,500
+914,100
| +116% | +$8.84M |
|
2357
PUT
Range Resources
RRC
$9.41B
| $17.3M | ﹤0.01% |
459,900
-34,800
| -7% | -$1.24M |
|
2358
CALL
First Horizon
FHN
$12.4B
| $17.3M | ﹤0.01% |
765,200
+432,700
| +130% | +$9.62M |
|
|
PPLT
2359
CALL
abrdn Physical Platinum Shares ETF
PPLT
$2.03B
| $17.3M | ﹤0.01% |
+1,210,000
| New | +$15.3M |
|
|
GRMN
2360
PUT
Garmin
GRMN
$60.3B
| $17.3M | ﹤0.01% |
70,200
-93,300
| -57% | -$21.5M |
|
2361
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $17.3M | ﹤0.01% |
214,500
-36,000
| -14% | -$2.76M |
|
2362
PUT
ASP Isotopes
ASPI
$541M
| $17.3M | ﹤0.01% |
1,794,400
+567,200
| +46% | +$5.23M |
|
2363
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $17.2M | ﹤0.01% |
510,200
+70,900
| +16% | +$2.52M |
|
2364
Pagaya Technologies
PGY
$1.8B
| $17.2M | ﹤0.01% |
580,469
+529,608
| +1,041% | +$17.1M |
|
|
VISN
2365
CALL
Vistance Networks Inc
VISN
$2.64B
| $17.2M | ﹤0.01% |
1,113,000
+163,500
| +17% | +$2.12M |
|
2366
CALL
Klaviyo
KVYO
$5.25B
| $17.2M | ﹤0.01% |
621,800
+228,800
| +58% | +$7.39M |
|
2367
CALL
Biohaven
BHVN
$2.21B
| $17.1M | ﹤0.01% |
1,142,200
+556,000
| +95% | +$8.09M |
|
2368
CALL
Amprius Technologies
AMPX
$1.87B
| $17.1M | ﹤0.01% |
1,629,200
+1,221,200
| +299% | +$9.61M |
|
2369
Unusual Machines
UMAC
$1.72B
| $17.1M | ﹤0.01% |
1,134,604
+654,302
| +136% | +$6.89M |
|
2370
CALL
Applied Optoelectronics
AAOI
$12.5B
| $17.1M | ﹤0.01% |
659,600
+164,500
| +33% | +$4.21M |
|
2371
On Holding
ONON
$10.9B
| $17.1M | ﹤0.01% |
403,655
+303,624
| +304% | +$14.5M |
|
2372
PUT
Aehr Test Systems
AEHR
$4.38B
| $17.1M | ﹤0.01% |
567,700
+303,800
| +115% | +$6.58M |
|
2373
PUT
Clean Harbors
CLH
$17B
| $17.1M | ﹤0.01% |
73,600
-49,100
| -40% | -$11.6M |
|
2374
CALL
Unilever
UL
$134B
| $17.1M | ﹤0.01% |
256,178
-327,022
| -56% | -$22.6M |
|
2375
TKO Group
TKO
$14.8B
| $17.1M | ﹤0.01% |
84,585
+54,021
| +177% | +$9.87M |
|
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.