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 | |
|---|---|---|---|---|---|---|
3501
PUT
Genuine Parts
GPC
$18.6B
| $7.13M | ﹤0.01% |
58,000
-12,500
| -18% | -$1.62M |
|
3502
CALL
BellRing Brands
BRBR
$1.25B
| $7.13M | ﹤0.01% |
266,700
-200
| -0.1% | -$6.21K |
|
3503
PUT
Klaviyo
KVYO
$5.26B
| $7.12M | ﹤0.01% |
219,400
+75,500
| +52% | +$2.11M |
|
3504
Sysco
SYY
$39.7B
| $7.12M | ﹤0.01% |
96,612
-57,490
| -37% | -$4.37M |
|
|
ROBN
3505
CALL
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$101M
| $7.11M | ﹤0.01% |
131,400
-87,500
| -40% | -$7.22M |
|
3506
CALL
Cheesecake Factory
CAKE
$5.64B
| $7.11M | ﹤0.01% |
140,800
+60,700
| +76% | +$3.04M |
|
3507
CALL
Scotiabank
BNS
$112B
| $7.1M | ﹤0.01% |
96,300
-26,900
| -22% | -$1.83M |
|
|
NAK
3508
CALL
Northern Dynasty Minerals
NAK
$908M
| $7.1M | ﹤0.01% |
3,601,600
+2,158,700
| +150% | +$4.17M |
|
3509
MGM Resorts International
MGM
$11.1B
| $7.09M | ﹤0.01% |
194,413
-58,851
| -23% | -$2M |
|
3510
Wendy's
WEN
$1.65B
| $7.09M | ﹤0.01% |
851,545
+230,653
| +37% | +$1.99M |
|
3511
Birkenstock
BIRK
$7B
| $7.09M | ﹤0.01% |
173,372
-89,652
| -34% | -$3.8M |
|
3512
PUT
The GEO Group
GEO
$4.11B
| $7.08M | ﹤0.01% |
439,300
-532,000
| -55% | -$8.87M |
|
3513
Life Time Group Holdings
LTH
$10.1B
| $7.08M | ﹤0.01% |
266,358
-108,342
| -29% | -$2.82M |
|
3514
PUT
CenterPoint Energy
CNP
$26.9B
| $7.07M | ﹤0.01% |
184,400
-186,300
| -50% | -$7.26M |
|
3515
CALL
Brown & Brown
BRO
$23.6B
| $7.07M | ﹤0.01% |
88,700
+11,500
| +15% | +$960K |
|
|
SEI
3516
PUT
Solaris Energy Infrastructure
SEI
$4.17B
| $7.07M | ﹤0.01% |
153,700
-79,700
| -34% | -$3.86M |
|
3517
PUT
Weyerhaeuser
WY
$17.7B
| $7.06M | ﹤0.01% |
298,100
+93,300
| +46% | +$2.16M |
|
3518
Vanguard Russell 3000 ETF
VTHR
$4.88B
| $7.06M | ﹤0.01% |
23,513
+15,889
| +208% | +$4.74M |
|
3519
PUT
NewAmsterdam Pharma
NAMS
$3.23B
| $7.06M | ﹤0.01% |
201,300
+63,500
| +46% | +$2.31M |
|
3520
Wolfspeed
WOLF
$1.65B
| $7.06M | ﹤0.01% |
405,471
+397,665
| +5,094% | +$9.12M |
|
3521
CALL
Yeti Holdings
YETI
$3.25B
| $7.05M | ﹤0.01% |
159,700
-40,800
| -20% | -$1.57M |
|
3522
Northern Trust
NTRS
$35B
| $7.05M | ﹤0.01% |
51,640
-35,009
| -40% | -$4.6M |
|
3523
CALL
Redwire
RDW
$3.39B
| $7.05M | ﹤0.01% |
927,200
+602,300
| +185% | +$4.42M |
|
3524
CALL
LegalZoom.com
LZ
$963M
| $7.05M | ﹤0.01% |
709,500
+121,000
| +21% | +$1.2M |
|
3525
PUT
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $7.04M | ﹤0.01% |
61,400
+3,400
| +6% | +$392K |
|
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.