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 | |
|---|---|---|---|---|---|---|
4501
First Trust Capital Strength ETF
FTCS
$8.02B
| $3.76M | ﹤0.01% |
40,680
-623
| -2% | -$57.6K |
|
4502
Direxion Daily S&P 500 High Beta Bull 3X ETF
HIBL
$94.2M
| $3.76M | ﹤0.01% |
57,237
-12,319
| -18% | -$780K |
|
4503
AES
AES
$10.5B
| $3.76M | ﹤0.01% |
261,948
-58,313
| -18% | -$822K |
|
4504
Barclays
BCS
$94.7B
| $3.76M | ﹤0.01% |
147,595
+132,565
| +882% | +$2.94M |
|
|
DEXC
4505
Dimensional Emerging Markets ex China Core Equity ETF
DEXC
$322M
| $3.75M | ﹤0.01% |
62,045
+48,488
| +358% | +$2.85M |
|
4506
PUT
Lattice Semiconductor
LSCC
$18.5B
| $3.75M | ﹤0.01% |
51,000
-34,600
| -40% | -$2.46M |
|
4507
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.59B
| $3.75M | ﹤0.01% |
+181,905
| New | +$3.75M |
|
4508
CALL
FirstCash
FCFS
$9.31B
| $3.75M | ﹤0.01% |
23,500
+3,100
| +15% | +$489K |
|
4509
ClearBridge Large Cap Growth Select ETF
LRGE
$386M
| $3.74M | ﹤0.01% |
45,435
+14,659
| +48% | +$1.22M |
|
4510
iShares Government/Credit Bond ETF
GBF
$128M
| $3.74M | ﹤0.01% |
35,717
+24,545
| +220% | +$2.59M |
|
4511
PUT
Extra Space Storage
EXR
$31.2B
| $3.74M | ﹤0.01% |
28,700
-3,600
| -11% | -$491K |
|
4512
CALL
Spectrum Brands
SPB
$2.07B
| $3.73M | ﹤0.01% |
63,100
+57,200
| +969% | +$3.22M |
|
4513
Burford Capital
BUR
$960M
| $3.73M | ﹤0.01% |
417,824
+313,879
| +302% | +$3.07M |
|
|
SQNS
4514
CALL
Sequans Communications SA
SQNS
$45.3M
| $3.72M | ﹤0.01% |
829,300
-1,595,000
| -66% | -$10.7M |
|
4515
CALL
Mercury Systems
MRCY
$6.67B
| $3.72M | ﹤0.01% |
51,000
-14,100
| -22% | -$1.05M |
|
4516
iShares US Medical Devices ETF
IHI
$3.46B
| $3.72M | ﹤0.01% |
59,787
+7,270
| +14% | +$449K |
|
4517
PUT
Alliance Resource Partners
ARLP
$3.27B
| $3.71M | ﹤0.01% |
159,900
+40,400
| +34% | +$980K |
|
4518
CALL
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $3.71M | ﹤0.01% |
38,900
-4,700
| -11% | -$432K |
|
4519
CALL
Unusual Machines
UMAC
$1.7B
| $3.71M | ﹤0.01% |
291,300
+68,500
| +31% | +$803K |
|
4520
PUT
Bitwise Bitcoin ETF
BITB
$2.41B
| $3.71M | ﹤0.01% |
78,000
+51,800
| +198% | +$2.82M |
|
|
Q
4521
PUT
Qnity Electronics Inc
Q
$29.8B
| $3.71M | ﹤0.01% |
+45,400
| New | +$3.86M |
|
|
IMSR
4522
CALL
Terrestrial Energy
IMSR
$624M
| $3.7M | ﹤0.01% |
606,300
+380,200
| +168% | +$5.08M |
|
4523
CALL
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $3.7M | ﹤0.01% |
9,400
-2,700
| -22% | -$1.06M |
|
4524
CALL
Brookfield Renewable
BEPC
$6.59B
| $3.7M | ﹤0.01% |
96,500
+13,900
| +17% | +$559K |
|
4525
Service Corp International
SCI
$11.5B
| $3.7M | ﹤0.01% |
47,437
+877
| +2% | +$70.2K |
|
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.