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 | |
|---|---|---|---|---|---|---|
6451
Innovator Growth Accelerated Plus ETF January
QTJA
$21.1M
| $1.37M | ﹤0.01% |
46,081
+31,874
| +224% | +$935K |
|
|
SOLZ
6452
CALL
Solana ETF
SOLZ
$88.7M
| $1.37M | ﹤0.01% |
107,800
-51,000
| -32% | -$853K |
|
6453
PUT
Avantor
AVTR
$9.13B
| $1.37M | ﹤0.01% |
119,800
+77,300
| +182% | +$951K |
|
6454
CALL
YieldMax TSLA Option Income Strategy ETF
TSLY
$670M
| $1.37M | ﹤0.01% |
36,500
-13,940
| -28% | -$564K |
|
6455
Tucows
TCX
$121M
| $1.37M | ﹤0.01% |
+61,105
| New | +$1.24M |
|
6456
Innovator US Equity Buffer ETF November
BNOV
$213M
| $1.37M | ﹤0.01% |
30,793
-59,575
| -66% | -$2.62M |
|
|
SRTA
6457
CALL
Strata Critical Medical Inc
SRTA
$522M
| $1.37M | ﹤0.01% |
284,600
-117,600
| -29% | -$569K |
|
6458
CALL
Life Time Group Holdings
LTH
$10.1B
| $1.37M | ﹤0.01% |
51,500
-30,100
| -37% | -$784K |
|
6459
PUT
Qualys
QLYS
$6.34B
| $1.37M | ﹤0.01% |
10,300
+1,000
| +11% | +$138K |
|
6460
PUT
Acuity Brands
AYI
$10.8B
| $1.37M | ﹤0.01% |
3,800
-18,300
| -83% | -$6.61M |
|
6461
PennyMac Financial
PFSI
$3.96B
| $1.37M | ﹤0.01% |
10,375
+3,683
| +55% | +$469K |
|
6462
PUT
Lamar Advertising Co
LAMR
$15.5B
| $1.37M | ﹤0.01% |
10,800
-357,400
| -97% | -$44.7M |
|
6463
Innovator US Equity Ultra Buffer ETF February
UFEB
$231M
| $1.37M | ﹤0.01% |
37,152
+2,047
| +6% | +$74K |
|
|
ASA
6464
CALL
ASA Gold and Precious Metals
ASA
$1.12B
| $1.37M | ﹤0.01% |
22,900
-12,400
| -35% | -$629K |
|
6465
JPMorgan BetaBuilders Japan ETF
BBJP
$19.6B
| $1.37M | ﹤0.01% |
+20,723
| New | +$1.41M |
|
|
SARO
6466
CALL
StandardAero Inc
SARO
$9.06B
| $1.37M | ﹤0.01% |
47,600
+14,800
| +45% | +$403K |
|
6467
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.42B
| $1.36M | ﹤0.01% |
12,060
-5,222
| -30% | -$580K |
|
|
GRNY
6468
PUT
FundStrat Granny Shots US Large Cap ETF
GRNY
$4.44B
| $1.36M | ﹤0.01% |
55,100
-47,700
| -46% | -$1.2M |
|
6469
CALL
Revvity
RVTY
$13B
| $1.36M | ﹤0.01% |
14,100
+7,800
| +124% | +$749K |
|
6470
PUT
Digital Turbine
APPS
$1.48B
| $1.36M | ﹤0.01% |
272,800
+83,700
| +44% | +$474K |
|
6471
CALL
Blackstone Mortgage Trust
BXMT
$2.4B
| $1.36M | ﹤0.01% |
71,300
-179,700
| -72% | -$3.41M |
|
6472
Teekay Tankers
TNK
$3.09B
| $1.36M | ﹤0.01% |
+25,524
| New | +$1.43M |
|
6473
CALL
Vertical Aerospace
EVTL
$138M
| $1.36M | ﹤0.01% |
255,600
+17,800
| +7% | +$90.2K |
|
6474
CALL
Ichor Holdings
ICHR
$2.69B
| $1.36M | ﹤0.01% |
73,900
-1,400
| -2% | -$26K |
|
|
LAR
6475
PUT
Lithium Argentina AG
LAR
$1.08B
| $1.36M | ﹤0.01% |
244,000
+137,800
| +130% | +$654K |
|
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.