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 | |
|---|---|---|---|---|---|---|
4801
PUT
Apogee Therapeutics
APGE
$10.2B
| $3.15M | ﹤0.01% |
41,700
-37,900
| -48% | -$2.39M |
|
|
BMNU
4802
PUT
T-REX 2X Long BMNR Daily Target ETF
BMNU
$231M
| $3.14M | ﹤0.01% |
+65,780
| New | +$10.1M |
|
4803
CALL
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $3.14M | ﹤0.01% |
113,600
-2,247,300
| -95% | -$55.4M |
|
|
PONY
4804
PUT
Pony AI Inc
PONY
$3.54B
| $3.14M | ﹤0.01% |
216,600
-250,700
| -54% | -$4.17M |
|
4805
CALL
B&G Foods
BGS
$294M
| $3.14M | ﹤0.01% |
730,200
-175,400
| -19% | -$784K |
|
4806
iShares ESG Optimized MSCI USA ETF
SUSA
$4.19B
| $3.14M | ﹤0.01% |
22,516
-11,141
| -33% | -$1.54M |
|
|
WYFI
4807
WhiteFiber Inc
WYFI
$1.15B
| $3.14M | ﹤0.01% |
198,477
+77,186
| +64% | +$1.91M |
|
4808
CBIZ
CBZ
$2.96B
| $3.14M | ﹤0.01% |
62,146
+1,040
| +2% | +$54.7K |
|
4809
CALL
Trimble
TRMB
$13.4B
| $3.13M | ﹤0.01% |
39,900
-21,800
| -35% | -$1.74M |
|
4810
CALL
Vera Therapeutics
VERA
$2.28B
| $3.12M | ﹤0.01% |
61,600
-4,900
| -7% | -$174K |
|
4811
CALL
iShares Global Clean Energy ETF
ICLN
$2.09B
| $3.12M | ﹤0.01% |
189,700
+89,900
| +90% | +$1.5M |
|
4812
iShares US Consumer Staples ETF
IYK
$1.44B
| $3.12M | ﹤0.01% |
46,563
+21,825
| +88% | +$1.48M |
|
|
CALY
4813
CALL
Callaway Golf Company
CALY
$2.94B
| $3.12M | ﹤0.01% |
267,000
-95,100
| -26% | -$1M |
|
4814
Installed Building Products
IBP
$6.39B
| $3.11M | ﹤0.01% |
12,007
-9,180
| -43% | -$2.37M |
|
4815
CALL
Fiverr
FVRR
$324M
| $3.11M | ﹤0.01% |
157,500
-36,700
| -19% | -$790K |
|
4816
Gen Digital
GEN
$17B
| $3.11M | ﹤0.01% |
114,311
-12,554
| -10% | -$338K |
|
4817
PUT
Assurant
AIZ
$13.9B
| $3.11M | ﹤0.01% |
12,900
+10,300
| +396% | +$2.3M |
|
4818
CALL
Ivanhoe Electric
IE
$1.66B
| $3.11M | ﹤0.01% |
194,400
-233,800
| -55% | -$3.35M |
|
4819
CALL
Atkore
ATKR
$3.17B
| $3.11M | ﹤0.01% |
49,100
-30,200
| -38% | -$1.97M |
|
|
SLDE
4820
CALL
Slide Insurance Holdings
SLDE
$2.56B
| $3.11M | ﹤0.01% |
159,400
+7,300
| +5% | +$122K |
|
4821
CALL
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $3.1M | ﹤0.01% |
55,400
+43,400
| +362% | +$2.25M |
|
4822
Manchester United
MANU
$4.17B
| $3.1M | ﹤0.01% |
194,894
+11,200
| +6% | +$181K |
|
4823
Citi Trends
CTRN
$616M
| $3.1M | ﹤0.01% |
74,567
+32,662
| +78% | +$1.29M |
|
4824
CALL
Bank of Hawaii
BOH
$3.17B
| $3.1M | ﹤0.01% |
45,300
-7,700
| -15% | -$507K |
|
|
FRMI
4825
CALL
Fermi Inc
FRMI
$4.08B
| $3.09M | ﹤0.01% |
+386,500
| New | +$7.54M |
|
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.