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 | |
|---|---|---|---|---|---|---|
3726
Vanguard Extended Market ETF
VXF
$32.3B
| $6.08M | ﹤0.01% |
29,098
+8,936
| +44% | +$1.88M |
|
3727
Global X Blockchain ETF
BKCH
$205M
| $6.08M | ﹤0.01% |
95,171
+71,031
| +294% | +$6.23M |
|
|
ETHE
3728
Grayscale Ethereum Staking ETF Shares
ETHE
$1.52B
| $6.08M | ﹤0.01% |
249,368
-163,997
| -40% | -$4.66M |
|
3729
CALL
Church & Dwight Co
CHD
$24B
| $6.07M | ﹤0.01% |
72,400
-24,700
| -25% | -$2.11M |
|
3730
MarketAxess Holdings
MKTX
$5.72B
| $6.07M | ﹤0.01% |
33,473
-64,231
| -66% | -$11M |
|
3731
Alliant Energy
LNT
$18.3B
| $6.07M | ﹤0.01% |
93,295
+53,742
| +136% | +$3.6M |
|
|
TEN
3732
CALL
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $6.05M | ﹤0.01% |
270,000
+132,400
| +96% | +$3.1M |
|
3733
CALL
Dave & Buster's
PLAY
$354M
| $6.05M | ﹤0.01% |
373,300
+12,300
| +3% | +$206K |
|
3734
RB Global
RBA
$15.6B
| $6.05M | ﹤0.01% |
+58,821
| New | +$5.98M |
|
3735
PUT
Ivanhoe Electric
IE
$1.66B
| $6.04M | ﹤0.01% |
378,000
+225,500
| +148% | +$3.23M |
|
|
ETHE
3736
PUT
Grayscale Ethereum Staking ETF Shares
ETHE
$1.52B
| $6.04M | ﹤0.01% |
247,800
-306,700
| -55% | -$8.72M |
|
3737
Lithia Motors
LAD
$8.3B
| $6.02M | ﹤0.01% |
18,106
+5,382
| +42% | +$1.71M |
|
3738
CALL
Costamare
CMRE
$1.77B
| $6.01M | ﹤0.01% |
380,700
+262,300
| +222% | +$3.62M |
|
3739
Sunoco
SUN
$14.2B
| $6.01M | ﹤0.01% |
114,594
+13,676
| +14% | +$723K |
|
3740
PUT
iShares MSCI Italy ETF
EWI
$1.08B
| $6M | ﹤0.01% |
+110,400
| New | +$5.8M |
|
3741
CALL
Apogee Therapeutics
APGE
$10.2B
| $5.99M | ﹤0.01% |
79,400
+40,400
| +104% | +$2.54M |
|
|
BMNU
3742
T-REX 2X Long BMNR Daily Target ETF
BMNU
$231M
| $5.99M | ﹤0.01% |
+125,349
| New | +$19.2M |
|
3743
CALL
Krispy Kreme
DNUT
$578M
| $5.99M | ﹤0.01% |
1,490,100
+875,300
| +142% | +$3.46M |
|
3744
CALL
Direxion Daily AAPL Bull 2X ETF
AAPU
$188M
| $5.99M | ﹤0.01% |
178,300
-101,700
| -36% | -$3.55M |
|
3745
PUT
Jack Henry & Associates
JKHY
$10.9B
| $5.99M | ﹤0.01% |
32,800
-140,600
| -81% | -$23.4M |
|
3746
Dentsply Sirona
XRAY
$2.31B
| $5.98M | ﹤0.01% |
523,399
+426,096
| +438% | +$5M |
|
3747
PUT
Rexford Industrial Realty
REXR
$8.08B
| $5.98M | ﹤0.01% |
154,500
-107,300
| -41% | -$4.43M |
|
3748
Unifirst Corp
UNF
$5.19B
| $5.98M | ﹤0.01% |
+30,979
| New | +$5.23M |
|
3749
Otis Worldwide
OTIS
$27.6B
| $5.97M | ﹤0.01% |
68,378
+11,555
| +20% | +$1.03M |
|
3750
Weibo
WB
$1.88B
| $5.97M | ﹤0.01% |
583,893
+96,500
| +20% | +$1.04M |
|
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.