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 | |
|---|---|---|---|---|---|---|
2751
The Ensign Group
ENSG
$10.6B
| $12.6M | ﹤0.01% |
72,467
-70,579
| -49% | -$12.7M |
|
2752
Innovator US Equity Power Buffer ETF November
PNOV
$898M
| $12.6M | ﹤0.01% |
301,997
+284,196
| +1,597% | +$11.8M |
|
2753
BorgWarner
BWA
$13.9B
| $12.6M | ﹤0.01% |
279,774
+37,693
| +16% | +$1.65M |
|
2754
PUT
Rambus
RMBS
$10.8B
| $12.6M | ﹤0.01% |
137,000
-62,100
| -31% | -$6.11M |
|
2755
Lazard
LAZ
$4.4B
| $12.6M | ﹤0.01% |
259,128
+31,199
| +14% | +$1.56M |
|
2756
Verisk Analytics
VRSK
$23.8B
| $12.6M | ﹤0.01% |
56,252
+25,026
| +80% | +$5.65M |
|
2757
CALL
MSC Industrial Direct
MSM
$6.91B
| $12.6M | ﹤0.01% |
149,600
+117,900
| +372% | +$10.2M |
|
|
SNV
2758
CALL
DELISTED
Synovus
SNV
| $12.6M | ﹤0.01% |
251,200
-120,100
| -32% | -$5.77M |
|
2759
PUT
Semtech
SMTC
$12.9B
| $12.6M | ﹤0.01% |
170,500
+15,200
| +10% | +$1.08M |
|
2760
Emerson Electric
EMR
$91.1B
| $12.6M | ﹤0.01% |
94,656
+50,905
| +116% | +$6.75M |
|
2761
CALL
Fox Class A
FOXA
$28.8B
| $12.6M | ﹤0.01% |
171,800
+82,800
| +93% | +$5.41M |
|
2762
PUT
BWX Technologies
BWXT
$15.8B
| $12.5M | ﹤0.01% |
72,600
-37,000
| -34% | -$6.94M |
|
2763
CALL
Strive Inc
ASST
$1.06B
| $12.5M | ﹤0.01% |
847,140
+792,075
| +1,438% | +$18.9M |
|
2764
PUT
Entegris
ENTG
$24.6B
| $12.5M | ﹤0.01% |
148,700
+5,200
| +4% | +$452K |
|
2765
CALL
VICI Properties
VICI
$29.1B
| $12.5M | ﹤0.01% |
444,900
+41,000
| +10% | +$1.22M |
|
2766
CALL
iShares S&P 500 Growth ETF
IVW
$77.6B
| $12.5M | ﹤0.01% |
101,200
-11,200
| -10% | -$1.37M |
|
2767
CALL
United States Copper Index Fund
CPER
$775M
| $12.5M | ﹤0.01% |
356,800
+346,100
| +3,235% | +$11.1M |
|
2768
CALL
Matador Resources
MTDR
$6.54B
| $12.5M | ﹤0.01% |
293,900
+19,600
| +7% | +$823K |
|
2769
PUT
Logitech
LOGI
$14.8B
| $12.5M | ﹤0.01% |
124,400
-114,400
| -48% | -$12.9M |
|
2770
Corteva
CTVA
$51.3B
| $12.5M | ﹤0.01% |
185,993
+18,598
| +11% | +$1.2M |
|
2771
PUT
Ollie's Bargain Outlet
OLLI
$4.65B
| $12.5M | ﹤0.01% |
113,700
-52,800
| -32% | -$6.37M |
|
2772
CALL
Helmerich & Payne
HP
$4.44B
| $12.5M | ﹤0.01% |
434,400
+30,300
| +7% | +$805K |
|
2773
CALL
Herbalife
HLF
$1.29B
| $12.4M | ﹤0.01% |
965,800
+421,200
| +77% | +$4.46M |
|
2774
Avantis Emerging Markets Equity ETF
AVEM
$26.9B
| $12.4M | ﹤0.01% |
161,480
+92,563
| +134% | +$7.09M |
|
2775
CALL
Boston Properties
BXP
$10.9B
| $12.4M | ﹤0.01% |
184,000
-128,900
| -41% | -$9.16M |
|
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.