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 | |
|---|---|---|---|---|---|---|
2326
PUT
ProShares Short S&P500
SH
$841M
| $18M | ﹤0.01% |
498,700
-49,500
| -9% | -$1.81M |
|
2327
Gartner
IT
$11.4B
| $18M | ﹤0.01% |
71,220
+48,147
| +209% | +$11.6M |
|
2328
CALL
Infosys
INFY
$49B
| $18M | ﹤0.01% |
1,007,700
+711,800
| +241% | +$12.3M |
|
2329
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $17.9M | ﹤0.01% |
66,500
+33,600
| +102% | +$9.21M |
|
2330
PUT
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.7B
| $17.8M | ﹤0.01% |
234,100
-1,817,900
| -89% | -$159M |
|
2331
Rockwell Automation
ROK
$49.9B
| $17.8M | ﹤0.01% |
45,792
+9,897
| +28% | +$3.72M |
|
2332
CALL
Quantum Computing Inc
QUBT
$2.04B
| $17.8M | ﹤0.01% |
1,736,200
+285,600
| +20% | +$4.06M |
|
2333
PUT
Labcorp
LH
$25.8B
| $17.8M | ﹤0.01% |
71,000
-56,600
| -44% | -$15M |
|
2334
Mettler-Toledo International
MTD
$28.4B
| $17.8M | ﹤0.01% |
12,773
+9,871
| +340% | +$13.8M |
|
2335
PUT
Medpace
MEDP
$16.1B
| $17.8M | ﹤0.01% |
31,700
-86,400
| -73% | -$49M |
|
|
GPGI
2336
GPGI Inc
GPGI
$3.7B
| $17.8M | ﹤0.01% |
921,277
-86,102
| -9% | -$1.72M |
|
2337
PUT
Signet Jewelers
SIG
$3.52B
| $17.7M | ﹤0.01% |
214,000
+50,800
| +31% | +$4.83M |
|
2338
DuPont de Nemours
DD
$19.8B
| $17.7M | ﹤0.01% |
146,939
+98,428
| +203% | +$11.1M |
|
2339
PUT
GDS Holdings
GDS
$6.89B
| $17.7M | ﹤0.01% |
506,700
-263,400
| -34% | -$9.11M |
|
2340
CALL
Corteva
CTVA
$51.2B
| $17.6M | ﹤0.01% |
263,300
-38,700
| -13% | -$2.5M |
|
2341
CALL
Paycom
PAYC
$9.83B
| $17.6M | ﹤0.01% |
110,600
+41,300
| +60% | +$7.32M |
|
2342
Autodesk
ADSK
$53.1B
| $17.6M | ﹤0.01% |
59,531
-66,285
| -53% | -$20.1M |
|
2343
PUT
Ambarella
AMBA
$3.6B
| $17.6M | ﹤0.01% |
248,700
-157,200
| -39% | -$12.7M |
|
2344
PUT
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $17.6M | ﹤0.01% |
238,300
+203,300
| +581% | +$14.6M |
|
|
AMTM
2345
CALL
Amentum Holdings
AMTM
$5.25B
| $17.6M | ﹤0.01% |
607,200
+300,700
| +98% | +$7.69M |
|
2346
VSE Corp
VSEC
$6.79B
| $17.6M | ﹤0.01% |
101,735
+37,679
| +59% | +$6.44M |
|
2347
CALL
Ormat Technologies
ORA
$7.06B
| $17.6M | ﹤0.01% |
159,000
-79,900
| -33% | -$8.74M |
|
2348
PUT
Frontline
FRO
$9.17B
| $17.6M | ﹤0.01% |
804,600
+356,200
| +79% | +$8.33M |
|
2349
CALL
TKO Group
TKO
$14.7B
| $17.6M | ﹤0.01% |
84,000
-202,900
| -71% | -$39.4M |
|
2350
CALL
Mineralys Therapeutics
MLYS
$2.27B
| $17.6M | ﹤0.01% |
+483,700
| New | +$19.4M |
|
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.