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 | |
|---|---|---|---|---|---|---|
2501
CALL
Ameriprise Financial
AMP
$49.9B
| $15.4M | ﹤0.01% |
31,500
-5,300
| -14% | -$2.52M |
|
2502
PUT
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.2B
| $15.4M | ﹤0.01% |
233,800
-169,600
| -42% | -$11.2M |
|
2503
PUT
Nektar Therapeutics
NKTR
$2.57B
| $15.4M | ﹤0.01% |
364,400
-183,800
| -34% | -$10.3M |
|
2504
CALL
Jones Lang LaSalle
JLL
$17B
| $15.4M | ﹤0.01% |
45,700
+17,000
| +59% | +$5.33M |
|
|
ONC
2505
PUT
BeOne Medicines Ltd
ONC
$40.6B
| $15.3M | ﹤0.01% |
50,500
-24,300
| -32% | -$7.95M |
|
2506
CALL
SGHC Ltd
SGHC
$6.51B
| $15.3M | ﹤0.01% |
1,281,800
+1,149,900
| +872% | +$13.8M |
|
2507
CALL
CenterPoint Energy
CNP
$26.7B
| $15.3M | ﹤0.01% |
399,100
+49,000
| +14% | +$1.91M |
|
2508
Ross Stores
ROST
$78.6B
| $15.3M | ﹤0.01% |
84,819
+26,706
| +46% | +$4.46M |
|
|
PPL
2509
CALL
PPL Corp
PPL
$26.8B
| $15.3M | ﹤0.01% |
436,200
+299,500
| +219% | +$10.8M |
|
2510
CALL
ProShares Short S&P500
SH
$839M
| $15.3M | ﹤0.01% |
423,900
-121,700
| -22% | -$4.46M |
|
2511
Bright Horizons
BFAM
$3.76B
| $15.3M | ﹤0.01% |
150,552
-2,491
| -2% | -$251K |
|
2512
PUT
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.01B
| $15.3M | ﹤0.01% |
980,900
+27,400
| +3% | +$497K |
|
2513
CALL
TransUnion
TRU
$15.2B
| $15.2M | ﹤0.01% |
177,800
+72,700
| +69% | +$5.97M |
|
|
PSKY
2514
Paramount Skydance Corp
PSKY
$11.2B
| $15.2M | ﹤0.01% |
1,137,783
+909,240
| +398% | +$14.2M |
|
2515
LPL Financial
LPLA
$29.5B
| $15.2M | ﹤0.01% |
42,685
-42,801
| -50% | -$15.1M |
|
2516
Enovix
ENVX
$966M
| $15.2M | ﹤0.01% |
2,085,424
-535,632
| -20% | -$5.19M |
|
2517
PUT
Uranium Energy
UEC
$5.54B
| $15.2M | ﹤0.01% |
1,303,100
+119,100
| +10% | +$1.56M |
|
2518
PUT
American Water Works
AWK
$26.8B
| $15.2M | ﹤0.01% |
116,600
-41,500
| -26% | -$5.54M |
|
2519
PUT
Option Care Health
OPCH
$3.57B
| $15.2M | ﹤0.01% |
477,000
+302,600
| +174% | +$8.88M |
|
2520
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $15.2M | ﹤0.01% |
264,900
+78,500
| +42% | +$4.48M |
|
2521
iShares MSCI Japan ETF
EWJ
$23.2B
| $15.2M | ﹤0.01% |
187,697
+181,583
| +2,970% | +$14.9M |
|
2522
Corning
GLW
$137B
| $15.1M | ﹤0.01% |
173,014
-83,737
| -33% | -$7.21M |
|
2523
State Street SPDR S&P Metals & Mining ETF
XME
$4.46B
| $15.1M | ﹤0.01% |
146,151
-24,289
| -14% | -$2.4M |
|
2524
CALL
Xcel Energy
XEL
$49.1B
| $15.1M | ﹤0.01% |
204,800
-365,000
| -64% | -$28.8M |
|
2525
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $15.1M | ﹤0.01% |
208,400
+32,000
| +18% | +$2.33M |
|
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.