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 | |
|---|---|---|---|---|---|---|
3601
CALL
Nuvation Bio
NUVB
$2.18B
| $6.66M | ﹤0.01% |
743,000
+728,900
| +5,170% | +$4.52M |
|
3602
Schwab Fundamental International Small Company Index ETF
FNDC
$3.18B
| $6.65M | ﹤0.01% |
+149,188
| New | +$6.63M |
|
|
EFOR
3603
Everforth Inc
EFOR
$1.3B
| $6.65M | ﹤0.01% |
137,961
+74,868
| +119% | +$3.45M |
|
3604
CALL
NGL Energy Partners
NGL
$2.24B
| $6.64M | ﹤0.01% |
664,500
+316,900
| +91% | +$2.66M |
|
3605
CALL
Atmus Filtration Technologies
ATMU
$4.16B
| $6.64M | ﹤0.01% |
127,900
-3,900
| -3% | -$189K |
|
3606
First Trust Nasdaq Semiconductor ETF
FTXL
$1.38B
| $6.64M | ﹤0.01% |
51,230
+23,369
| +84% | +$2.89M |
|
3607
CALL
Evercore
EVR
$11.8B
| $6.63M | ﹤0.01% |
19,500
-18,700
| -49% | -$6.01M |
|
3608
Peloton Interactive
PTON
$2.47B
| $6.63M | ﹤0.01% |
1,076,026
-627,609
| -37% | -$4.42M |
|
|
PSIX
3609
CALL
Power Solutions International
PSIX
$935M
| $6.62M | ﹤0.01% |
115,900
-12,700
| -10% | -$906K |
|
3610
PUT
Polestar Automotive Holding UK
PSNY
$2.06B
| $6.61M | ﹤0.01% |
309,300
+288,457
| +1,384% | +$6.02M |
|
3611
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $6.6M | ﹤0.01% |
284,700
+129,300
| +83% | +$2.7M |
|
3612
Immunovant
IMVT
$8.64B
| $6.59M | ﹤0.01% |
259,117
+14,893
| +6% | +$332K |
|
3613
CALL
T-REX 2X Long Tesla Daily Target ETF
TSLT
$161M
| $6.58M | ﹤0.01% |
246,400
-298,400
| -55% | -$8.1M |
|
3614
PUT
Vanguard Total International Stock ETF
VXUS
$164B
| $6.58M | ﹤0.01% |
87,200
+20,400
| +31% | +$1.52M |
|
3615
Fidelity National Information Services
FIS
$22.1B
| $6.57M | ﹤0.01% |
98,901
-274,649
| -74% | -$18.1M |
|
|
METU
3616
Direxion Daily META Bull 2X ETF
METU
$457M
| $6.57M | ﹤0.01% |
204,639
-37,314
| -15% | -$1.28M |
|
3617
CALL
Liberty Broadband Class A
LBRDA
$5.21B
| $6.57M | ﹤0.01% |
136,100
-500
| -0.4% | -$25.9K |
|
3618
CALL
PagSeguro Digital
PAGS
$2.4B
| $6.57M | ﹤0.01% |
681,500
-448,000
| -40% | -$4.3M |
|
3619
Eversource Energy
ES
$27.2B
| $6.57M | ﹤0.01% |
97,540
-87,171
| -47% | -$6.12M |
|
3620
CALL
Axos Financial
AX
$5.8B
| $6.56M | ﹤0.01% |
76,100
-900
| -1% | -$74.1K |
|
3621
PUT
Novavax
NVAX
$1.33B
| $6.55M | ﹤0.01% |
974,200
-340,400
| -26% | -$2.57M |
|
3622
CALL
LKQ Corp
LKQ
$6.43B
| $6.53M | ﹤0.01% |
216,200
+70,600
| +48% | +$2.13M |
|
3623
CMS Energy
CMS
$22.3B
| $6.53M | ﹤0.01% |
93,323
+57,074
| +157% | +$4.15M |
|
|
SOLS
3624
PUT
Solstice Advanced Materials
SOLS
$9.95B
| $6.52M | ﹤0.01% |
+134,300
| New | +$6.32M |
|
|
PCRB
3625
DELISTED
Putnam ESG Core Bond ETF
PCRB
| $6.52M | ﹤0.01% |
132,263
-73,083
| -36% | -$3.62M |
|
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.