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 | |
|---|---|---|---|---|---|---|
3776
Invesco KBW Bank ETF
KBWB
$6.87B
| $5.88M | ﹤0.01% |
69,766
-142,368
| -67% | -$11.3M |
|
|
SKYT
3777
DELISTED
SkyWater Technology
SKYT
| $5.88M | ﹤0.01% |
323,644
-163,105
| -34% | -$2.83M |
|
3778
Strive Inc
ASST
$1.05B
| $5.87M | ﹤0.01% |
+397,680
| New | +$9.5M |
|
|
CGC
3779
Canopy Growth
CGC
$431M
| $5.86M | ﹤0.01% |
5,143,556
+1,266,518
| +33% | +$1.63M |
|
3780
PUT
Americold
COLD
$4.25B
| $5.85M | ﹤0.01% |
454,800
+404,500
| +804% | +$4.96M |
|
3781
Burlington
BURL
$21.9B
| $5.85M | ﹤0.01% |
20,242
+17,627
| +674% | +$4.78M |
|
3782
CALL
GraniteShares 2x Long COIN Daily ETF
CONL
$402M
| $5.83M | ﹤0.01% |
398,200
-1,208,500
| -75% | -$34M |
|
3783
PUT
VeriSign
VRSN
$25.7B
| $5.83M | ﹤0.01% |
24,000
-12,100
| -34% | -$3.04M |
|
3784
CALL
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $5.83M | ﹤0.01% |
53,600
+6,700
| +14% | +$700K |
|
3785
Huntington Ingalls Industries
HII
$12.9B
| $5.82M | ﹤0.01% |
17,116
+9,363
| +121% | +$2.91M |
|
3786
PUT
RadNet
RDNT
$6.01B
| $5.81M | ﹤0.01% |
81,400
+60,200
| +284% | +$4.65M |
|
3787
CALL
JetBlue
JBLU
$2.13B
| $5.81M | ﹤0.01% |
1,276,200
-1,448,500
| -53% | -$6.6M |
|
3788
PUT
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $5.81M | ﹤0.01% |
20,800
+15,300
| +278% | +$4.38M |
|
|
WRD
3789
WeRide Inc
WRD
$1.92B
| $5.81M | ﹤0.01% |
668,821
-149,864
| -18% | -$1.4M |
|
3790
M&T Bank
MTB
$36.7B
| $5.8M | ﹤0.01% |
28,795
-21,922
| -43% | -$4.19M |
|
3791
Archer Aviation
ACHR
$5.1B
| $5.8M | ﹤0.01% |
771,033
-6,146,136
| -89% | -$57.8M |
|
3792
CALL
Harmony Biosciences
HRMY
$2.22B
| $5.79M | ﹤0.01% |
154,800
-164,000
| -51% | -$5.39M |
|
3793
CALL
Brookfield Renewable
BEP
$10.4B
| $5.79M | ﹤0.01% |
214,600
+16,000
| +8% | +$455K |
|
3794
CALL
Under Armour
UAA
$2.3B
| $5.79M | ﹤0.01% |
1,164,200
-400
| -0% | -$1.85K |
|
|
BELFB
3795
CALL
Bel Fuse Inc Class B
BELFB
$4.19B
| $5.78M | ﹤0.01% |
34,100
+24,800
| +267% | +$3.88M |
|
3796
MetLife
MET
$62.1B
| $5.78M | ﹤0.01% |
73,203
+22,786
| +45% | +$1.8M |
|
3797
CALL
Navios Maritime Partners
NMM
$2.33B
| $5.78M | ﹤0.01% |
110,200
-37,700
| -25% | -$1.87M |
|
3798
PUT
Hyatt Hotels
H
$17.1B
| $5.77M | ﹤0.01% |
36,000
-16,100
| -31% | -$2.47M |
|
3799
CALL
Patterson-UTI
PTEN
$4.34B
| $5.77M | ﹤0.01% |
944,400
+674,200
| +250% | +$4.03M |
|
3800
CALL
ZTO Express
ZTO
$17.4B
| $5.77M | ﹤0.01% |
276,200
-61,000
| -18% | -$1.21M |
|
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.