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 | |
|---|---|---|---|---|---|---|
3826
CALL
Virgin Galactic
SPCE
$503M
| $5.65M | ﹤0.01% |
1,761,600
-81,500
| -4% | -$307K |
|
3827
PUT
Compass
COMP
$9.99B
| $5.65M | ﹤0.01% |
534,500
-302,100
| -36% | -$2.76M |
|
3828
CALL
Flowserve
FLS
$10.3B
| $5.64M | ﹤0.01% |
81,300
+100
| +0.1% | +$6.43K |
|
3829
PUT
AptarGroup
ATR
$8.4B
| $5.63M | ﹤0.01% |
46,200
-8,100
| -15% | -$1M |
|
3830
Yum! Brands
YUM
$40.4B
| $5.63M | ﹤0.01% |
37,237
+14,991
| +67% | +$2.22M |
|
3831
NorthWestern Energy
NWE
$4.42B
| $5.61M | ﹤0.01% |
86,992
+80,608
| +1,263% | +$5.1M |
|
|
NBSD
3832
Neuberger Short Duration Income ETF
NBSD
$1.23B
| $5.61M | ﹤0.01% |
109,664
+93,640
| +584% | +$4.79M |
|
3833
Capital Group Core Balanced ETF
CGBL
$7.49B
| $5.61M | ﹤0.01% |
+158,871
| New | +$5.56M |
|
3834
Blue Owl Capital
OBDC
$5.78B
| $5.61M | ﹤0.01% |
451,275
+320,043
| +244% | +$4.07M |
|
3835
iShares S&P 500 Value ETF
IVE
$50.3B
| $5.6M | ﹤0.01% |
26,406
-8,625
| -25% | -$1.81M |
|
3836
PUT
Otis Worldwide
OTIS
$27.6B
| $5.59M | ﹤0.01% |
64,000
-160,600
| -72% | -$14.4M |
|
3837
NextDecade
NEXT
$1.91B
| $5.59M | ﹤0.01% |
1,060,576
+499,940
| +89% | +$2.98M |
|
3838
Zeta Global
ZETA
$7.29B
| $5.59M | ﹤0.01% |
274,575
-199,365
| -42% | -$3.72M |
|
|
HOLX
3839
DELISTED
Hologic
HOLX
| $5.59M | ﹤0.01% |
75,010
-30,871
| -29% | -$2.26M |
|
3840
PUT
Atkore
ATKR
$3.17B
| $5.58M | ﹤0.01% |
88,300
-9,500
| -10% | -$620K |
|
3841
CALL
AvalonBay Communities
AVB
$26.3B
| $5.58M | ﹤0.01% |
30,800
-22,100
| -42% | -$4.01M |
|
3842
PUT
Lennox International
LII
$14.6B
| $5.58M | ﹤0.01% |
11,500
-50,400
| -81% | -$25.2M |
|
3843
iShares MSCI Chile ETF
ECH
$1.04B
| $5.58M | ﹤0.01% |
+138,108
| New | +$5.01M |
|
3844
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $5.58M | ﹤0.01% |
+164,963
| New | +$5.59M |
|
3845
PUT
GigaCloud Technology
GCT
$1.85B
| $5.57M | ﹤0.01% |
141,800
-5,700
| -4% | -$189K |
|
3846
iShares MSCI Mexico ETF
EWW
$1.86B
| $5.57M | ﹤0.01% |
80,337
-52,295
| -39% | -$3.53M |
|
3847
PUT
Navios Maritime Partners
NMM
$2.33B
| $5.57M | ﹤0.01% |
106,200
-46,900
| -31% | -$2.33M |
|
3848
Haemonetics
HAE
$4.13B
| $5.56M | ﹤0.01% |
69,402
+33,589
| +94% | +$2.26M |
|
3849
PUT
BellRing Brands
BRBR
$1.25B
| $5.56M | ﹤0.01% |
207,900
+61,300
| +42% | +$1.9M |
|
3850
Carpenter Technology
CRS
$27B
| $5.56M | ﹤0.01% |
17,648
+7,125
| +68% | +$2.14M |
|
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.