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 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.7% |
| 2 | Consumer Discretionary | 0.84% |
| 3 | Communication Services | 0.67% |
| 4 | Financials | 0.66% |
| 5 | Healthcare | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
Pool Corp
POOL
$7.08B
| $8.29M | ﹤0.01% |
36,262
-21,979
| -38% | -$5.72M |
|
3302
PUT
Kodiak Gas Services
KGS
$6.6B
| $8.29M | ﹤0.01% |
221,700
+125,400
| +130% | +$4.43M |
|
|
SEE
3303
CALL
DELISTED
Sealed Air
SEE
| $8.28M | ﹤0.01% |
199,800
+3,300
| +2% | +$128K |
|
3304
PUT
Illinois Tool Works
ITW
$82.8B
| $8.28M | ﹤0.01% |
33,600
-20,700
| -38% | -$5.16M |
|
3305
BioMarin Pharmaceuticals
BMRN
$13B
| $8.27M | ﹤0.01% |
139,210
-42,784
| -24% | -$2.33M |
|
3306
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.42B
| $8.25M | ﹤0.01% |
678,500
-15,800
| -2% | -$248K |
|
3307
Century Aluminum
CENX
$4.62B
| $8.25M | ﹤0.01% |
210,483
-7,668
| -4% | -$240K |
|
3308
CALL
Liberty Global Class A
LBTYA
$3.57B
| $8.24M | ﹤0.01% |
739,900
+506,800
| +217% | +$5.61M |
|
3309
CALL
Direxion Daily NVDA Bear 1X ETF
NVDD
$19.4M
| $8.24M | ﹤0.01% |
214,900
+132,600
| +161% | +$5.17M |
|
|
JKS
3310
CALL
JinkoSolar
JKS
$877M
| $8.24M | ﹤0.01% |
319,200
+210,500
| +194% | +$5.37M |
|
3311
Hawaiian Electric Industries
HE
$2.03B
| $8.21M | ﹤0.01% |
667,799
+93
| +0% | +$1.08K |
|
|
SNV
3312
DELISTED
Synovus
SNV
| $8.21M | ﹤0.01% |
164,034
+82,016
| +100% | +$3.94M |
|
3313
CALL
Cooper Companies
COO
$14.9B
| $8.2M | ﹤0.01% |
100,100
+62,500
| +166% | +$4.68M |
|
3314
CALL
GDS Holdings
GDS
$6.89B
| $8.2M | ﹤0.01% |
235,000
-671,800
| -74% | -$23.2M |
|
|
GRMN
3315
PUT
Garmin
GRMN
$59.8B
| $8.17M | ﹤0.01% |
40,300
-29,900
| -43% | -$6.5M |
|
3316
PUT
Tyler Technologies
TYL
$13.5B
| $8.17M | ﹤0.01% |
18,000
-2,700
| -13% | -$1.29M |
|
3317
BlackBerry
BB
$5.22B
| $8.17M | ﹤0.01% |
2,155,432
-1,169,484
| -35% | -$5.14M |
|
3318
PUT
Halozyme
HALO
$11.2B
| $8.16M | ﹤0.01% |
121,300
-149,900
| -55% | -$10.1M |
|
3319
CALL
CoreCivic
CXW
$3.25B
| $8.15M | ﹤0.01% |
426,500
+173,100
| +68% | +$3.17M |
|
3320
Public Storage
PSA
$60.9B
| $8.15M | ﹤0.01% |
31,394
-35,799
| -53% | -$10M |
|
3321
Arcus Biosciences
RCUS
$3.75B
| $8.15M | ﹤0.01% |
341,865
-47,276
| -12% | -$965K |
|
|
TIGR
3322
PUT
UP Fintech Holding
TIGR
$822M
| $8.14M | ﹤0.01% |
851,200
-7,145,300
| -89% | -$68.2M |
|
3323
ASP Isotopes
ASPI
$538M
| $8.11M | ﹤0.01% |
1,516,643
+174,860
| +13% | +$1.39M |
|
3324
Harley-Davidson
HOG
$2.89B
| $8.11M | ﹤0.01% |
395,666
+313,239
| +380% | +$7.7M |
|
3325
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $8.1M | ﹤0.01% |
106,800
-53,200
| -33% | -$4.11M |
|
Similar funds
Susquehanna International Group's Q4 2025 Portfolio in Review
As of Q4 2025, Susquehanna International Group held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Susquehanna International Group's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Susquehanna International Group's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Susquehanna International Group fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Susquehanna International Group's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Susquehanna International Group opened 1,864 new positions and closed 1,914 in Q4 2025.
- Susquehanna International Group's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.