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 | |
|---|---|---|---|---|---|---|
2101
CALL
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.12B
| $22M | ﹤0.01% |
1,414,300
-131,900
| -9% | -$2.39M |
|
2102
CALL
Modine Manufacturing
MOD
$11.1B
| $21.9M | ﹤0.01% |
164,300
+800
| +0.5% | +$119K |
|
2103
PUT
ProShares UltraPro Short S&P 500
SPXU
$380M
| $21.9M | ﹤0.01% |
440,600
+411,825
| +1,431% | +$21.4M |
|
2104
PUT
Emcor
EME
$37B
| $21.8M | ﹤0.01% |
35,700
-35,800
| -50% | -$23.2M |
|
2105
ProShares UltraPro QQQ
TQQQ
$38.4B
| $21.8M | ﹤0.01% |
414,183
+307,265
| +287% | +$16.5M |
|
2106
CALL
Brookfield
BN
$107B
| $21.8M | ﹤0.01% |
475,800
-62,250
| -12% | -$2.84M |
|
2107
CALL
ProShares Ultra Semiconductors
USD
$2.94B
| $21.8M | ﹤0.01% |
415,000
+164,800
| +66% | +$8.76M |
|
2108
Trump Media & Technology Group
DJT
$2.31B
| $21.8M | ﹤0.01% |
1,645,161
-370,073
| -18% | -$5.05M |
|
|
CHYM
2109
CALL
Chime Financial
CHYM
$12.1B
| $21.8M | ﹤0.01% |
864,500
+716,300
| +483% | +$15.2M |
|
2110
PUT
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $21.7M | ﹤0.01% |
334,500
-19,300
| -5% | -$1.31M |
|
|
PPL
2111
PUT
PPL Corp
PPL
$27.1B
| $21.7M | ﹤0.01% |
620,900
-45,700
| -7% | -$1.65M |
|
2112
PUT
Corcept Therapeutics
CORT
$12.4B
| $21.7M | ﹤0.01% |
624,400
+435,700
| +231% | +$34.2M |
|
2113
PUT
Alcon
ALC
$36B
| $21.7M | ﹤0.01% |
275,700
+106,300
| +63% | +$8.18M |
|
2114
CALL
Aptiv
APTV
$10.3B
| $21.7M | ﹤0.01% |
285,400
-32,800
| -10% | -$2.63M |
|
2115
PUT
InterDigital
IDCC
$8.84B
| $21.7M | ﹤0.01% |
68,200
+5,900
| +9% | +$2.09M |
|
2116
CALL
Bunge Global
BG
$21.8B
| $21.7M | ﹤0.01% |
243,600
-116,600
| -32% | -$10.8M |
|
2117
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $21.7M | ﹤0.01% |
+286,062
| New | +$22.1M |
|
|
TLN
2118
Talen Energy Corp
TLN
$17.4B
| $21.7M | ﹤0.01% |
57,822
+22,146
| +62% | +$8.61M |
|
2119
Zscaler
ZS
$29.7B
| $21.7M | ﹤0.01% |
96,362
+27,971
| +41% | +$7.89M |
|
2120
CALL
Bitdeer Technologies
BTDR
$2.46B
| $21.7M | ﹤0.01% |
1,933,000
-272,600
| -12% | -$4.39M |
|
2121
PUT
iShares MSCI ACWI ETF
ACWI
$33.6B
| $21.7M | ﹤0.01% |
153,100
+86,700
| +131% | +$12.2M |
|
2122
Best Buy
BBY
$18.1B
| $21.7M | ﹤0.01% |
323,579
+289,611
| +853% | +$22.1M |
|
|
2123
PUT
Modine Manufacturing
MOD
$11.1B
| $21.6M | ﹤0.01% |
162,000
+9,500
| +6% | +$1.42M |
|
2124
Nu Holdings
NU
$73.4B
| $21.6M | ﹤0.01% |
1,290,042
+485,600
| +60% | +$7.8M |
|
|
CNR
2125
PUT
Core Natural Resources Inc
CNR
$4.79B
| $21.5M | ﹤0.01% |
243,400
-113,900
| -32% | -$9.71M |
|
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.