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 | |
|---|---|---|---|---|---|---|
3701
CALL
Sonoco
SON
$5.76B
| $6.16M | ﹤0.01% |
141,100
-72,100
| -34% | -$2.98M |
|
3702
IDEX
IEX
$17.6B
| $6.16M | ﹤0.01% |
34,600
+24,176
| +232% | +$4.13M |
|
3703
PUT
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $6.15M | ﹤0.01% |
64,500
-4,900
| -7% | -$450K |
|
3704
McCormick & Company Non-Voting
MKC
$14.7B
| $6.15M | ﹤0.01% |
90,327
-47,878
| -35% | -$3.18M |
|
3705
IES Holdings
IESC
$15.1B
| $6.15M | ﹤0.01% |
15,813
+3,320
| +27% | +$1.33M |
|
|
SEI
3706
Solaris Energy Infrastructure
SEI
$4.17B
| $6.15M | ﹤0.01% |
133,810
+55,853
| +72% | +$2.7M |
|
3707
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $6.15M | ﹤0.01% |
44,200
+19,100
| +76% | +$2.66M |
|
3708
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.4B
| $6.15M | ﹤0.01% |
38,472
+16,580
| +76% | +$2.65M |
|
3709
Cooper Companies
COO
$14.9B
| $6.15M | ﹤0.01% |
75,004
-60,345
| -45% | -$4.52M |
|
3710
Incyte
INCY
$24.4B
| $6.15M | ﹤0.01% |
62,225
+37,764
| +154% | +$3.65M |
|
3711
PUT
Charles River Laboratories
CRL
$13.4B
| $6.14M | ﹤0.01% |
30,800
-73,100
| -70% | -$13.3M |
|
3712
CALL
Guidewire Software
GWRE
$14.6B
| $6.13M | ﹤0.01% |
30,500
-22,900
| -43% | -$5.07M |
|
3713
CALL
Lionsgate Studios
LION
$3.57B
| $6.13M | ﹤0.01% |
671,400
+405,900
| +153% | +$2.89M |
|
3714
PUT
Freedom Holding
FRHC
$9.34B
| $6.12M | ﹤0.01% |
50,300
-42,600
| -46% | -$6.18M |
|
3715
CALL
Chord Energy
CHRD
$7.51B
| $6.12M | ﹤0.01% |
66,000
-94,000
| -59% | -$8.71M |
|
3716
Toyota
TM
$226B
| $6.12M | ﹤0.01% |
28,581
-16,483
| -37% | -$3.34M |
|
3717
VanEck Indonesia Index ETF
IDX
$36.6M
| $6.12M | ﹤0.01% |
370,486
+356,274
| +2,507% | +$5.93M |
|
3718
PUT
Xylem
XYL
$27.9B
| $6.11M | ﹤0.01% |
44,900
+26,000
| +138% | +$3.74M |
|
3719
PUT
Harmony Gold Mining
HMY
$12.1B
| $6.11M | ﹤0.01% |
307,200
+76,800
| +33% | +$1.43M |
|
|
BRSL
3720
CALL
Brightstar Lottery PLC
BRSL
$2.15B
| $6.11M | ﹤0.01% |
394,900
-57,900
| -13% | -$943K |
|
|
MSTX
3721
Defiance Daily Target 2x Long MSTR ETF
MSTX
$126M
| $6.11M | ﹤0.01% |
158,764
+153,004
| +2,656% | +$16.6M |
|
3722
Herc Holdings
HRI
$5.8B
| $6.11M | ﹤0.01% |
41,192
-58,053
| -58% | -$7.96M |
|
|
MDLN
3723
CALL
Medline Inc
MDLN
$31.4B
| $6.1M | ﹤0.01% |
+145,300
| New | +$6.14M |
|
|
SGI
3724
Somnigroup International
SGI
$13.9B
| $6.1M | ﹤0.01% |
68,308
+42,169
| +161% | +$3.68M |
|
3725
Campbell Soup
CPB
$6.91B
| $6.09M | ﹤0.01% |
218,616
-257,808
| -54% | -$7.75M |
|
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.