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 | |
|---|---|---|---|---|---|---|
|
CEPO
6001
Cantor Equity Partners I
CEPO
$272M
| $1.69M | ﹤0.01% |
161,781
+11,316
| +8% | +$118K |
|
6002
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$103M
| $1.69M | ﹤0.01% |
18,640
-18,580
| -50% | -$1.63M |
|
6003
State Street SPDR Dow Jones International Real Estate ETF
RWX
$264M
| $1.68M | ﹤0.01% |
60,143
+15,310
| +34% | +$426K |
|
6004
CALL
Aspen Aerogels
ASPN
$478M
| $1.68M | ﹤0.01% |
594,500
-209,800
| -26% | -$1.08M |
|
6005
Direxion Daily Small Cap Bear 3x ETF
TZA
$210M
| $1.68M | ﹤0.01% |
22,397
+4,869
| +28% | +$376K |
|
6006
PUT
Ericsson
ERIC
$33.4B
| $1.68M | ﹤0.01% |
174,300
+55,200
| +46% | +$523K |
|
6007
Vanda Pharmaceuticals
VNDA
$312M
| $1.68M | ﹤0.01% |
190,622
+60,662
| +47% | +$334K |
|
6008
FT Vest US Equity Buffer ETF June
FJUN
$1.41B
| $1.68M | ﹤0.01% |
29,453
+16,754
| +132% | +$944K |
|
6009
McEwen Inc
MUX
$1.16B
| $1.68M | ﹤0.01% |
90,684
-163,443
| -64% | -$3.04M |
|
6010
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.31B
| $1.68M | ﹤0.01% |
32,667
+10,949
| +50% | +$517K |
|
6011
CALL
XPEL
XPEL
$1.38B
| $1.68M | ﹤0.01% |
33,600
+22,800
| +211% | +$953K |
|
|
EGGY
6012
NestYield Dynamic Income ETF
EGGY
$168M
| $1.68M | ﹤0.01% |
+47,789
| New | +$1.82M |
|
6013
Innovator Growth Accelerated Plus ETF April
QTAP
$21M
| $1.67M | ﹤0.01% |
37,387
+8,453
| +29% | +$373K |
|
6014
CALL
Asbury Automotive
ABG
$3.74B
| $1.67M | ﹤0.01% |
7,200
-1,700
| -19% | -$402K |
|
6015
Enviri
NVRI
$578M
| $1.67M | ﹤0.01% |
+93,422
| New | +$1.39M |
|
6016
PUT
Broadridge
BR
$19.5B
| $1.67M | ﹤0.01% |
7,500
-18,300
| -71% | -$4.17M |
|
6017
PUT
EyePoint Inc
EYPT
$385M
| $1.67M | ﹤0.01% |
91,600
-36,700
| -29% | -$520K |
|
6018
CALL
MediaAlpha
MAX
$796M
| $1.67M | ﹤0.01% |
129,200
+37,800
| +41% | +$462K |
|
|
OGG
6019
CALL
Osisko Gold Group
OGG
$868M
| $1.67M | ﹤0.01% |
479,000
+22,100
| +5% | +$75.9K |
|
6020
Loews
L
$23.2B
| $1.67M | ﹤0.01% |
15,872
-38,710
| -71% | -$4M |
|
|
PEW
6021
GrabAGun Digital Holdings
PEW
$77M
| $1.67M | ﹤0.01% |
555,068
-140,621
| -20% | -$561K |
|
6022
Tronox
TROX
$942M
| $1.67M | ﹤0.01% |
400,592
+343,834
| +606% | +$1.31M |
|
6023
PUT
Wyndham Hotels & Resorts
WH
$5.41B
| $1.67M | ﹤0.01% |
22,100
-21,700
| -50% | -$1.64M |
|
6024
United Natural Foods
UNFI
$2.88B
| $1.67M | ﹤0.01% |
49,536
-96,278
| -66% | -$3.58M |
|
6025
PUT
Pharvaris
PHVS
$2.44B
| $1.67M | ﹤0.01% |
+60,100
| New | +$1.45M |
|
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.