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 | |
|---|---|---|---|---|---|---|
4451
ODDITY Tech
ODD
$605M
| $3.86M | ﹤0.01% |
96,084
+84,016
| +696% | +$3.8M |
|
4452
iShares MSCI Kokusai Fund
TOK
$258M
| $3.86M | ﹤0.01% |
27,938
+10,060
| +56% | +$1.37M |
|
4453
Group 1 Automotive
GPI
$3.15B
| $3.86M | ﹤0.01% |
9,814
+4,777
| +95% | +$1.96M |
|
4454
Fidelity Small-Mid Multifactor ETF
FSMD
$2.64B
| $3.86M | ﹤0.01% |
87,419
+5,971
| +7% | +$262K |
|
4455
Knight Transportation
KNX
$11.8B
| $3.85M | ﹤0.01% |
73,720
+49,663
| +206% | +$2.33M |
|
4456
GraniteShares Gold Shares
BAR
$1.47B
| $3.85M | ﹤0.01% |
90,692
+40,409
| +80% | +$1.65M |
|
4457
CALL
Masco
MAS
$14.7B
| $3.85M | ﹤0.01% |
60,700
-39,400
| -39% | -$2.56M |
|
|
ARIS
4458
CALL
Aris Mining
ARIS
$3.69B
| $3.85M | ﹤0.01% |
237,300
-80,400
| -25% | -$988K |
|
4459
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.3B
| $3.85M | ﹤0.01% |
43,063
+22,766
| +112% | +$2.03M |
|
4460
2x Bitcoin ETF
BITX
$849M
| $3.85M | ﹤0.01% |
138,774
+109,246
| +370% | +$4.42M |
|
4461
Liberty Broadband Class A
LBRDA
$5.21B
| $3.84M | ﹤0.01% |
79,617
-15,331
| -16% | -$794K |
|
4462
PUT
Sprott Junior Uranium Miners ETF
URNJ
$360M
| $3.84M | ﹤0.01% |
152,500
+136,500
| +853% | +$3.76M |
|
4463
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.8M
| $3.84M | ﹤0.01% |
182,400
+120,100
| +193% | +$3.26M |
|
4464
Core & Main
CNM
$8.61B
| $3.84M | ﹤0.01% |
73,911
+66,915
| +956% | +$3.43M |
|
4465
CALL
Cavco Industries
CVCO
$4.65B
| $3.84M | ﹤0.01% |
6,500
+500
| +8% | +$283K |
|
4466
CALL
ADT
ADT
$5.47B
| $3.84M | ﹤0.01% |
475,700
+252,900
| +114% | +$2.1M |
|
4467
Marathon Digital Holdings
MARA
$3.55B
| $3.84M | ﹤0.01% |
427,469
-1,076,351
| -72% | -$15.9M |
|
4468
Acadia Healthcare
ACHC
$2.87B
| $3.84M | ﹤0.01% |
270,453
-115,723
| -30% | -$2.19M |
|
4469
ProShares Ultra Russell2000
UWM
$251M
| $3.84M | ﹤0.01% |
81,574
+35,484
| +77% | +$1.68M |
|
|
CPRX
4470
DELISTED
Catalyst Pharmaceutical
CPRX
| $3.83M | ﹤0.01% |
164,212
+97,224
| +145% | +$2.17M |
|
4471
Avalo Therapeutics
AVTX
$1.05B
| $3.83M | ﹤0.01% |
210,994
+163,596
| +345% | +$2.76M |
|
4472
PUT
Atour Lifestyle Holdings
ATAT
$4.65B
| $3.83M | ﹤0.01% |
97,100
+58,400
| +151% | +$2.29M |
|
4473
CALL
Rentokil
RTO
$12B
| $3.82M | ﹤0.01% |
129,800
+5,200
| +4% | +$144K |
|
4474
PUT
RenaissanceRe
RNR
$13.4B
| $3.82M | ﹤0.01% |
13,600
-8,600
| -39% | -$2.26M |
|
4475
PUT
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $3.82M | ﹤0.01% |
61,200
-11,100
| -15% | -$680K |
|
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.