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 | |
|---|---|---|---|---|---|---|
4826
CALL
Solid Power
SLDP
$552M
| $3.09M | ﹤0.01% |
726,300
+126,400
| +21% | +$698K |
|
4827
PUT
HNI Corp
HNI
$3.53B
| $3.09M | ﹤0.01% |
73,400
+63,200
| +620% | +$2.67M |
|
4828
CALL
Capital Southwest
CSWC
$1.59B
| $3.09M | ﹤0.01% |
139,300
+17,600
| +14% | +$372K |
|
4829
Amplify Mobile Payments ETF
IPAY
$188M
| $3.08M | ﹤0.01% |
59,247
+18,939
| +47% | +$1.02M |
|
4830
CALL
Rollins
ROL
$17.4B
| $3.08M | ﹤0.01% |
51,300
-8,600
| -14% | -$505K |
|
4831
FlexShares STOXX Global ESG Select Index Fund
ESGG
$115M
| $3.07M | ﹤0.01% |
14,962
+4,004
| +37% | +$806K |
|
4832
PUT
Nexstar Media Group
NXST
$5.84B
| $3.07M | ﹤0.01% |
15,100
-68,400
| -82% | -$13.4M |
|
4833
CALL
LGI Homes
LGIH
$1.39B
| $3.06M | ﹤0.01% |
71,300
+26,300
| +58% | +$1.23M |
|
4834
CALL
SPX Corp
SPXC
$10.9B
| $3.06M | ﹤0.01% |
15,300
+10,300
| +206% | +$2.1M |
|
4835
PUT
PubMatic
PUBM
$801M
| $3.06M | ﹤0.01% |
344,700
+264,100
| +328% | +$2.3M |
|
4836
CALL
PVH
PVH
$3.8B
| $3.06M | ﹤0.01% |
45,600
-82,300
| -64% | -$6.44M |
|
4837
PUT
T-Rex 2X Long NVIDIA Daily Target ETF
NVDX
$472M
| $3.05M | ﹤0.01% |
178,400
-127,400
| -42% | -$2.33M |
|
4838
CALL
Trex
TREX
$5.06B
| $3.05M | ﹤0.01% |
87,000
-18,500
| -18% | -$748K |
|
|
GRRR
4839
CALL
Gorilla Technology Group
GRRR
$454M
| $3.05M | ﹤0.01% |
279,300
+4,900
| +2% | +$73K |
|
|
PONY
4840
CALL
Pony AI Inc
PONY
$3.54B
| $3.05M | ﹤0.01% |
210,200
-2,754,400
| -93% | -$45.8M |
|
4841
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.2B
| $3.05M | ﹤0.01% |
81,493
+72,563
| +813% | +$2.72M |
|
4842
JFrog
FROG
$11.6B
| $3.05M | ﹤0.01% |
48,782
-26,606
| -35% | -$1.51M |
|
4843
Pinnacle West Capital
PNW
$12.3B
| $3.04M | ﹤0.01% |
34,315
+15,137
| +79% | +$1.36M |
|
4844
PUT
Immunovant
IMVT
$8.64B
| $3.04M | ﹤0.01% |
119,700
-120,000
| -50% | -$2.68M |
|
4845
CALL
Sensata Technologies
ST
$6.73B
| $3.04M | ﹤0.01% |
91,400
+9,800
| +12% | +$313K |
|
4846
PUT
Itaú Unibanco
ITUB
$81.6B
| $3.04M | ﹤0.01% |
424,941
+68,592
| +19% | +$488K |
|
4847
Matthews Korea Active ETF
MKOR
$142M
| $3.04M | ﹤0.01% |
88,373
+13,174
| +18% | +$435K |
|
|
HIMU
4848
iShares High Yield Muni Active ETF
HIMU
$2.43B
| $3.04M | ﹤0.01% |
+62,423
| New | +$3.06M |
|
|
CTNM
4849
Contineum Therapeutics
CTNM
$534M
| $3.04M | ﹤0.01% |
265,761
+61,642
| +30% | +$703K |
|
4850
AB Disruptors ETF
FWD
$3.24B
| $3.04M | ﹤0.01% |
29,085
+8,412
| +41% | +$881K |
|
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.