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 | |
|---|---|---|---|---|---|---|
2851
PUT
YieldMax COIN Option Income Strategy ETF
CONY
$327M
| $11.8M | ﹤0.01% |
298,700
+272,340
| +1,033% | +$15M |
|
2852
PUT
Vicor
VICR
$10.6B
| $11.7M | ﹤0.01% |
107,200
+39,500
| +58% | +$3.36M |
|
2853
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $11.7M | ﹤0.01% |
330,600
-171,200
| -34% | -$6.26M |
|
2854
CALL
Cracker Barrel
CBRL
$1.28B
| $11.7M | ﹤0.01% |
461,100
-18,100
| -4% | -$579K |
|
2855
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $11.7M | ﹤0.01% |
217,700
+4,300
| +2% | +$234K |
|
2856
PUT
GoDaddy
GDDY
$12.2B
| $11.7M | ﹤0.01% |
94,300
-10,800
| -10% | -$1.4M |
|
2857
Old Dominion Freight Line
ODFL
$43.9B
| $11.7M | ﹤0.01% |
74,604
+26,498
| +55% | +$3.8M |
|
2858
American Water Works
AWK
$27B
| $11.7M | ﹤0.01% |
89,639
+58,981
| +192% | +$7.88M |
|
2859
PUT
Tradr TSLA Bear Daily ETF
TSLQ
$99M
| $11.7M | ﹤0.01% |
643,100
+503,433
| +360% | +$11.2M |
|
2860
Howmet Aerospace
HWM
$115B
| $11.7M | ﹤0.01% |
56,928
+22,183
| +64% | +$4.42M |
|
|
PRMB
2861
CALL
Primo Brands
PRMB
$9B
| $11.7M | ﹤0.01% |
713,800
+588,500
| +470% | +$10.9M |
|
|
SII
2862
CALL
Sprott
SII
$2.99B
| $11.7M | ﹤0.01% |
119,000
-129,200
| -52% | -$11.5M |
|
2863
PUT
B2Gold
BTG
$6.78B
| $11.6M | ﹤0.01% |
2,579,200
+1,604,200
| +165% | +$7.48M |
|
2864
FMC
FMC
$1.28B
| $11.6M | ﹤0.01% |
838,549
+584,024
| +229% | +$11.1M |
|
2865
Ashland
ASH
$3.36B
| $11.6M | ﹤0.01% |
198,034
+151,303
| +324% | +$8M |
|
2866
CALL
Roundhill Generative AI & Technology ETF
CHAT
$1.95B
| $11.6M | ﹤0.01% |
196,900
+80,900
| +70% | +$5.02M |
|
|
ONC
2867
CALL
BeOne Medicines Ltd
ONC
$39.3B
| $11.6M | ﹤0.01% |
38,200
+6,400
| +20% | +$2.09M |
|
2868
PUT
Redwire
RDW
$3.39B
| $11.6M | ﹤0.01% |
1,526,200
-818,200
| -35% | -$6M |
|
2869
Globalstar
GSAT
$10.6B
| $11.6M | ﹤0.01% |
189,840
+172,212
| +977% | +$9.51M |
|
2870
CALL
Eversource Energy
ES
$27.2B
| $11.6M | ﹤0.01% |
172,000
+165,100
| +2,393% | +$11.6M |
|
|
EH
2871
CALL
EHang Holdings
EH
$448M
| $11.6M | ﹤0.01% |
878,600
-834,300
| -49% | -$13.2M |
|
2872
CALL
iShares US Technology ETF
IYW
$25.6B
| $11.6M | ﹤0.01% |
57,900
+32,800
| +131% | +$6.56M |
|
2873
PUT
HEICO Corp
HEI
$52.2B
| $11.6M | ﹤0.01% |
35,700
-22,600
| -39% | -$7.14M |
|
2874
CALL
BorgWarner
BWA
$13.9B
| $11.5M | ﹤0.01% |
256,100
-43,300
| -14% | -$1.9M |
|
2875
CALL
Solventum
SOLV
$15.2B
| $11.5M | ﹤0.01% |
145,600
-26,200
| -15% | -$2.01M |
|
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.