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 | |
|---|---|---|---|---|---|---|
6351
PUT
Boise Cascade
BCC
$2.86B
| $1.44M | ﹤0.01% |
19,600
-900
| -4% | -$65.6K |
|
6352
Brown-Forman Class B
BF.B
$12.7B
| $1.44M | ﹤0.01% |
55,343
-59,013
| -52% | -$1.66M |
|
6353
Cellebrite
CLBT
$2.62B
| $1.44M | ﹤0.01% |
79,984
-196,682
| -71% | -$3.53M |
|
|
EH
6354
PUT
EHang Holdings
EH
$434M
| $1.44M | ﹤0.01% |
109,400
-1,826,600
| -94% | -$28.8M |
|
6355
Weatherford International
WFRD
$6.67B
| $1.44M | ﹤0.01% |
18,417
-19,368
| -51% | -$1.41M |
|
6356
Pacer US Cash Cows 100 ETF
COWZ
$19.5B
| $1.44M | ﹤0.01% |
23,935
-22,590
| -49% | -$1.33M |
|
6357
PUT
Genesis Energy
GEL
$1.96B
| $1.44M | ﹤0.01% |
92,300
-22,300
| -19% | -$350K |
|
|
MAGN
6358
Magnera Corp
MAGN
$427M
| $1.44M | ﹤0.01% |
+95,081
| New | +$1.1M |
|
6359
Rogers Corp
ROG
$2.61B
| $1.44M | ﹤0.01% |
15,717
-17,224
| -52% | -$1.48M |
|
6360
PUT
Hudbay
HBM
$12.2B
| $1.44M | ﹤0.01% |
72,500
-3,400
| -4% | -$57.5K |
|
6361
FlexShares Quality Dividend Defensive Index Fund
QDEF
$560M
| $1.44M | ﹤0.01% |
17,769
+11,811
| +198% | +$951K |
|
6362
CALL
Teucrium Corn Fund
CORN
$168M
| $1.44M | ﹤0.01% |
81,100
+51,300
| +172% | +$911K |
|
6363
Invesco PHLX Semiconductor ETF
SOXQ
$3.03B
| $1.44M | ﹤0.01% |
25,777
+11,668
| +83% | +$639K |
|
6364
BTCS Inc
BTCS
$55.7M
| $1.44M | ﹤0.01% |
543,707
+11,276
| +2% | +$40.7K |
|
|
CUSD
6365
DELISTED
CrossingBridge Ultra-Short Duration ETF
CUSD
| $1.44M | ﹤0.01% |
75,526
-15,851
| -17% | -$343K |
|
6366
PUT
RBC Bearings
RBC
$17.7B
| $1.43M | ﹤0.01% |
3,200
-200
| -6% | -$84.7K |
|
|
BAND
6367
Bandwidth Inc
BAND
$1.7B
| $1.43M | ﹤0.01% |
92,831
-29,391
| -24% | -$446K |
|
6368
Lufax Holding
LU
$1.27B
| $1.43M | ﹤0.01% |
559,805
-529,052
| -49% | -$1.56M |
|
6369
Invesco Variable Rate Preferred ETF
VRP
$3B
| $1.43M | ﹤0.01% |
58,901
+47,674
| +425% | +$1.17M |
|
6370
Joby Aviation
JOBY
$7.83B
| $1.43M | ﹤0.01% |
108,275
-442,925
| -80% | -$6.8M |
|
6371
Invesco China Technology ETF
CQQQ
$3.23B
| $1.43M | ﹤0.01% |
27,473
-193,790
| -88% | -$10.5M |
|
6372
Franklin US Small Cap Multifactor Index ETF
FLQS
$52.9M
| $1.43M | ﹤0.01% |
33,066
+6,232
| +23% | +$269K |
|
6373
Ameris Bancorp
ABCB
$5.97B
| $1.43M | ﹤0.01% |
19,227
-11,048
| -36% | -$822K |
|
6374
Atlantic Union Bankshares
AUB
$6.08B
| $1.43M | ﹤0.01% |
40,392
-40,997
| -50% | -$1.41M |
|
6375
CEVA Inc
CEVA
$920M
| $1.43M | ﹤0.01% |
+66,229
| New | +$1.63M |
|
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.