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 | |
|---|---|---|---|---|---|---|
3076
CALL
AXT Inc
AXTI
$5.34B
| $9.74M | ﹤0.01% |
+595,700
| New | +$5.75M |
|
3077
SolarEdge
SEDG
$1.99B
| $9.74M | ﹤0.01% |
337,577
+305,476
| +952% | +$10.7M |
|
|
MESO
3078
CALL
Mesoblast
MESO
$2.02B
| $9.72M | ﹤0.01% |
538,600
+318,500
| +145% | +$5.48M |
|
3079
CALL
Asana
ASAN
$2.11B
| $9.71M | ﹤0.01% |
708,400
+46,700
| +7% | +$642K |
|
3080
Archer Daniels Midland
ADM
$38.8B
| $9.7M | ﹤0.01% |
168,808
-53,627
| -24% | -$3.2M |
|
3081
CALL
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.58B
| $9.7M | ﹤0.01% |
267,700
+186,700
| +230% | +$6.77M |
|
3082
CALL
iQIYI
IQ
$1.3B
| $9.7M | ﹤0.01% |
5,051,300
-857,800
| -15% | -$1.84M |
|
3083
PUT
StoneCo
STNE
$2.32B
| $9.67M | ﹤0.01% |
654,100
-54,100
| -8% | -$905K |
|
3084
PUT
Thor Industries
THO
$4.11B
| $9.67M | ﹤0.01% |
94,200
-45,200
| -32% | -$4.7M |
|
3085
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $9.67M | ﹤0.01% |
357,600
-21,100
| -6% | -$589K |
|
3086
CALL
Brown-Forman Class B
BF.B
$13B
| $9.66M | ﹤0.01% |
+370,700
| New | +$10.4M |
|
|
MPT
3087
CALL
Medical Properties Trust
MPT
$2.5B
| $9.65M | ﹤0.01% |
1,930,900
-1,996,200
| -51% | -$10.4M |
|
3088
Okta
OKTA
$25.6B
| $9.64M | ﹤0.01% |
111,504
-93,167
| -46% | -$8.13M |
|
3089
Synchrony
SYF
$26.4B
| $9.64M | ﹤0.01% |
115,550
-99,364
| -46% | -$7.59M |
|
3090
PUT
SLM Corp
SLM
$5.27B
| $9.64M | ﹤0.01% |
356,200
+198,300
| +126% | +$5.44M |
|
|
MSTU
3091
CALL
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$296M
| $9.63M | ﹤0.01% |
1,158,800
+804,830
| +227% | +$19M |
|
3092
Harmony Gold Mining
HMY
$12.1B
| $9.62M | ﹤0.01% |
483,550
-435,463
| -47% | -$8.12M |
|
3093
PUT
Stride
LRN
$3.46B
| $9.6M | ﹤0.01% |
147,900
-19,000
| -11% | -$1.73M |
|
|
PTIR
3094
PUT
GraniteShares 2x Long PLTR Daily ETF
PTIR
$419M
| $9.59M | ﹤0.01% |
358,700
-419,800
| -54% | -$12.8M |
|
3095
CALL
Idaho Strategic Resources
IDR
$504M
| $9.58M | ﹤0.01% |
237,600
-88,400
| -27% | -$3.38M |
|
3096
CALL
Tradr TSLA Bear Daily ETF
TSLQ
$98.6M
| $9.57M | ﹤0.01% |
527,000
+338,400
| +179% | +$7.53M |
|
3097
PUT
iShares MSCI Germany ETF
EWG
$1.68B
| $9.57M | ﹤0.01% |
225,100
+69,800
| +45% | +$2.89M |
|
3098
CALL
iShares US Medical Devices ETF
IHI
$3.46B
| $9.56M | ﹤0.01% |
153,900
-11,400
| -7% | -$704K |
|
3099
PUT
Royal Bank of Canada
RY
$301B
| $9.56M | ﹤0.01% |
56,100
-118,500
| -68% | -$18.2M |
|
3100
Liberty Broadband Class C
LBRDK
$5.21B
| $9.56M | ﹤0.01% |
196,792
-14,466
| -7% | -$752K |
|
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.