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 | |
|---|---|---|---|---|---|---|
3251
Navios Maritime Partners
NMM
$2.33B
| $8.63M | ﹤0.01% |
164,548
-50,784
| -24% | -$2.52M |
|
3252
Viatris
VTRS
$18.6B
| $8.63M | ﹤0.01% |
692,895
-1,189,747
| -63% | -$12.8M |
|
3253
CALL
Fastly Inc
FSLY
$4.77B
| $8.62M | ﹤0.01% |
846,400
+184,100
| +28% | +$1.82M |
|
3254
Bitdeer Technologies
BTDR
$2.48B
| $8.61M | ﹤0.01% |
768,303
+348,148
| +83% | +$5.61M |
|
3255
PUT
Structure Therapeutics
GPCR
$3.87B
| $8.6M | ﹤0.01% |
123,700
-121,300
| -50% | -$4.95M |
|
|
HDV
3256
iShares Core High Dividend ETF
HDV
$15.1B
| $8.59M | ﹤0.01% |
353,095
+8,600
| +2% | +$209K |
|
3257
Shake Shack
SHAK
$3.02B
| $8.58M | ﹤0.01% |
105,737
+7,517
| +8% | +$663K |
|
3258
PUT
Penumbra
PEN
$12.9B
| $8.58M | ﹤0.01% |
27,600
-4,100
| -13% | -$1.13M |
|
3259
CALL
Teledyne Technologies
TDY
$31.5B
| $8.58M | ﹤0.01% |
16,800
+3,000
| +22% | +$1.58M |
|
|
DAY
3260
CALL
DELISTED
Dayforce
DAY
| $8.57M | ﹤0.01% |
123,900
-34,900
| -22% | -$2.4M |
|
|
WW
3261
CALL
WW International
WW
$141M
| $8.57M | ﹤0.01% |
293,200
+17,000
| +6% | +$475K |
|
3262
Hanover Insurance
THG
$7.84B
| $8.57M | ﹤0.01% |
46,871
+45,121
| +2,578% | +$8.11M |
|
3263
CALL
PAR Technology
PAR
$788M
| $8.55M | ﹤0.01% |
235,600
+200,700
| +575% | +$7.24M |
|
3264
SoundHound AI
SOUN
$3.3B
| $8.53M | ﹤0.01% |
855,571
-412,452
| -33% | -$5.94M |
|
3265
PUT
Equifax
EFX
$21.2B
| $8.53M | ﹤0.01% |
39,300
-22,000
| -36% | -$4.82M |
|
3266
CALL
Hess Midstream
HESM
$5.2B
| $8.51M | ﹤0.01% |
246,700
+121,600
| +97% | +$4.09M |
|
3267
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $8.49M | ﹤0.01% |
34,154
+21,099
| +162% | +$5.18M |
|
|
CWVX
3268
PUT
Tradr 2X Long CRWV Daily ETF
CWVX
$152M
| $8.49M | ﹤0.01% |
388,000
+368,300
| +1,870% | +$20.8M |
|
3269
Alamos Gold
AGI
$14B
| $8.48M | ﹤0.01% |
219,902
+174,685
| +386% | +$6.09M |
|
|
FITB
3270
Fifth Third Bancorp
FITB
$52.7B
| $8.48M | ﹤0.01% |
181,168
+28,305
| +19% | +$1.25M |
|
3271
iShares 0-3 Month Treasury Bond ETF
SGOV
$101B
| $8.47M | ﹤0.01% |
84,339
+811
| +1% | +$81.5K |
|
3272
PUT
MarketAxess Holdings
MKTX
$5.72B
| $8.45M | ﹤0.01% |
46,600
-38,200
| -45% | -$6.52M |
|
|
TPC
3273
Tutor Perini Cor
TPC
$5.09B
| $8.44M | ﹤0.01% |
125,950
+44,866
| +55% | +$2.94M |
|
3274
PUT
iShares Select Dividend ETF
DVY
$24.1B
| $8.44M | ﹤0.01% |
59,800
+22,400
| +60% | +$3.16M |
|
|
HNGE
3275
PUT
Hinge Health
HNGE
$7.14B
| $8.44M | ﹤0.01% |
181,700
-160,400
| -47% | -$7.73M |
|
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.