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 | |
|---|---|---|---|---|---|---|
4701
A.O. Smith
AOS
$8.45B
| $3.31M | ﹤0.01% |
49,554
-58
| -0.1% | -$3.92K |
|
4702
PUT
Amdocs
DOX
$6.18B
| $3.31M | ﹤0.01% |
41,100
+600
| +1% | +$48.2K |
|
4703
Fidelity MSCI Industrials Index ETF
FIDU
$2.4B
| $3.31M | ﹤0.01% |
40,108
+5,233
| +15% | +$429K |
|
4704
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.9B
| $3.31M | ﹤0.01% |
86,295
+44,108
| +105% | +$1.67M |
|
4705
Corpay
CPAY
$27.4B
| $3.31M | ﹤0.01% |
10,988
-2,928
| -21% | -$850K |
|
4706
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $3.31M | ﹤0.01% |
16,009
-23,284
| -59% | -$4.65M |
|
4707
PUT
Republic Services
RSG
$65.7B
| $3.31M | ﹤0.01% |
15,600
-175,800
| -92% | -$37.8M |
|
4708
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $3.31M | ﹤0.01% |
34,331
-239,757
| -87% | -$23M |
|
4709
Amplify Online Retail ETF
IBUY
$125M
| $3.3M | ﹤0.01% |
44,391
-1,205
| -3% | -$89.2K |
|
4710
CALL
Euronet Worldwide
EEFT
$2.74B
| $3.3M | ﹤0.01% |
43,400
-8,800
| -17% | -$686K |
|
|
SOLT
4711
CALL
2x Solana ETF
SOLT
$111M
| $3.3M | ﹤0.01% |
25,885
+13,370
| +107% | +$3.46M |
|
4712
iShares US Basic Materials ETF
IYM
$1.02B
| $3.3M | ﹤0.01% |
21,453
-24,571
| -53% | -$3.64M |
|
4713
MBIA
MBI
$264M
| $3.3M | ﹤0.01% |
461,241
+178,083
| +63% | +$1.29M |
|
4714
Yeti Holdings
YETI
$3.25B
| $3.3M | ﹤0.01% |
74,754
-22,736
| -23% | -$874K |
|
4715
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $3.3M | ﹤0.01% |
46,204
-744,388
| -94% | -$51.7M |
|
4716
iShares MSCI BIC ETF
BKF
$76.5M
| $3.29M | ﹤0.01% |
75,163
-5,057
| -6% | -$226K |
|
4717
CALL
Heritage Insurance Holdings
HRTG
$1.01B
| $3.29M | ﹤0.01% |
112,500
+50,600
| +82% | +$1.37M |
|
4718
PUT
iShares MSCI Taiwan ETF
EWT
$11.5B
| $3.29M | ﹤0.01% |
51,800
-66,400
| -56% | -$4.28M |
|
4719
Planet Labs
PL
$8.8B
| $3.29M | ﹤0.01% |
+166,771
| New | +$2.39M |
|
4720
Powell Industries
POWL
$7.78B
| $3.29M | ﹤0.01% |
30,945
+18,873
| +156% | +$2.12M |
|
|
CMPS
4721
PUT
Compass Pathways
CMPS
$1.86B
| $3.29M | ﹤0.01% |
476,500
+122,800
| +35% | +$749K |
|
4722
Invesco International BuyBack Achievers ETF
IPKW
$554M
| $3.29M | ﹤0.01% |
59,112
+19,681
| +50% | +$1.05M |
|
4723
PUT
Antero Midstream
AM
$10.7B
| $3.28M | ﹤0.01% |
184,500
+76,500
| +71% | +$1.38M |
|
4724
CALL
ProShares UltraShort QQQ
QID
$242M
| $3.28M | ﹤0.01% |
162,400
-58,000
| -26% | -$1.19M |
|
4725
Global X Gold Explorers ETF NEW
GOEX
$131M
| $3.28M | ﹤0.01% |
+40,687
| New | +$2.98M |
|
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.