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 | |
|---|---|---|---|---|---|---|
|
LAC
2676
Lithium Americas
LAC
$1.27B
| $13.5M | ﹤0.01% |
3,097,224
+1,674,348
| +118% | +$9.67M |
|
2677
CALL
Henry Schein
HSIC
$10.1B
| $13.5M | ﹤0.01% |
178,500
+11,700
| +7% | +$823K |
|
|
ROBN
2678
PUT
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$104M
| $13.5M | ﹤0.01% |
249,000
-37,300
| -13% | -$3.08M |
|
2679
CALL
Franklin Resources
BEN
$17.1B
| $13.5M | ﹤0.01% |
563,300
-112,700
| -17% | -$2.59M |
|
2680
Equifax
EFX
$21.4B
| $13.5M | ﹤0.01% |
61,988
+52,573
| +558% | +$11.5M |
|
|
APLS
2681
DELISTED
Apellis Pharmaceuticals
APLS
| $13.4M | ﹤0.01% |
533,909
+220,025
| +70% | +$5.16M |
|
2682
Keurig Dr Pepper
KDP
$43.1B
| $13.4M | ﹤0.01% |
478,177
-629,184
| -57% | -$17.3M |
|
2683
Gulfport Energy Corp
GPOR
$3.02B
| $13.4M | ﹤0.01% |
64,288
+32,845
| +104% | +$6.55M |
|
2684
International Flavors & Fragrances
IFF
$21.3B
| $13.4M | ﹤0.01% |
198,351
+68,966
| +53% | +$4.47M |
|
2685
PUT
Bunge Global
BG
$21.8B
| $13.4M | ﹤0.01% |
150,000
-117,600
| -44% | -$10.8M |
|
2686
CALL
Wave Life Sciences
WVE
$1.04B
| $13.4M | ﹤0.01% |
785,700
+675,600
| +614% | +$6.86M |
|
2687
PUT
Star Bulk Carriers
SBLK
$3.24B
| $13.4M | ﹤0.01% |
694,900
+280,700
| +68% | +$5.24M |
|
2688
Amprius Technologies
AMPX
$1.89B
| $13.3M | ﹤0.01% |
1,691,500
+786,030
| +87% | +$8.99M |
|
|
SKYT
2689
CALL
DELISTED
SkyWater Technology
SKYT
| $13.3M | ﹤0.01% |
733,400
+123,500
| +20% | +$2.15M |
|
2690
PUT
AdvisorShares Pure US Cannabis ETF
MSOS
$918M
| $13.3M | ﹤0.01% |
2,814,800
+1,452,100
| +107% | +$6.47M |
|
2691
CALL
iShares Russell 2000 Value ETF
IWN
$14.7B
| $13.3M | ﹤0.01% |
73,200
-18,200
| -20% | -$3.27M |
|
2692
Rithm Capital
RITM
$5.83B
| $13.2M | ﹤0.01% |
1,214,193
+319,274
| +36% | +$3.53M |
|
2693
PUT
IES Holdings
IESC
$15.2B
| $13.2M | ﹤0.01% |
34,000
-25,400
| -43% | -$10.2M |
|
|
SERV
2694
CALL
Serve Robotics
SERV
$433M
| $13.2M | ﹤0.01% |
1,274,200
-605,300
| -32% | -$7.27M |
|
2695
PPG Industries
PPG
$25.4B
| $13.2M | ﹤0.01% |
128,823
+110,695
| +611% | +$11.1M |
|
2696
OneMain Financial
OMF
$7.56B
| $13.2M | ﹤0.01% |
195,359
+59,379
| +44% | +$3.61M |
|
2697
CALL
Mohawk Industries
MHK
$9.43B
| $13.2M | ﹤0.01% |
120,600
+1,600
| +1% | +$184K |
|
2698
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $13.2M | ﹤0.01% |
69,000
-100
| -0.1% | -$18.8K |
|
2699
Novartis
NVS
$286B
| $13.2M | ﹤0.01% |
95,565
+89,201
| +1,402% | +$11.7M |
|
2700
PUT
Everest Group
EG
$14.1B
| $13.2M | ﹤0.01% |
38,800
-18,300
| -32% | -$6.04M |
|
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.