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 | |
|---|---|---|---|---|---|---|
4076
PUT
Critical Metals Corp
CRML
$978M
| $4.83M | ﹤0.01% |
696,600
+522,200
| +299% | +$5.69M |
|
4077
Immersion
IMMR
$249M
| $4.83M | ﹤0.01% |
710,853
+315,965
| +80% | +$2.14M |
|
|
SGI
4078
PUT
Somnigroup International
SGI
$13.9B
| $4.83M | ﹤0.01% |
54,100
-2,600
| -5% | -$227K |
|
4079
WisdomTree Bitcoin Fund
BTCW
$136M
| $4.83M | ﹤0.01% |
52,105
+45,206
| +655% | +$4.79M |
|
4080
Lucid Motors
LCID
$2.45B
| $4.83M | ﹤0.01% |
456,841
-290,144
| -39% | -$4.64M |
|
|
GRRR
4081
PUT
Gorilla Technology Group
GRRR
$454M
| $4.83M | ﹤0.01% |
442,000
-309,000
| -41% | -$4.6M |
|
4082
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.52B
| $4.82M | ﹤0.01% |
105,887
-6,479
| -6% | -$299K |
|
4083
CALL
Aurinia Pharmaceuticals
AUPH
$2.06B
| $4.82M | ﹤0.01% |
302,200
-107,200
| -26% | -$1.52M |
|
4084
Vanguard Dividend Appreciation ETF
VIG
$114B
| $4.82M | ﹤0.01% |
21,921
+16,094
| +276% | +$3.52M |
|
|
GAP
4085
The Gap Inc
GAP
$7.42B
| $4.82M | ﹤0.01% |
188,103
-832,837
| -82% | -$20.2M |
|
4086
Hartford Financial Services
HIG
$37.8B
| $4.81M | ﹤0.01% |
34,940
+908
| +3% | +$120K |
|
|
SEZL
4087
Sezzle
SEZL
$4.34B
| $4.81M | ﹤0.01% |
75,826
+55,614
| +275% | +$3.79M |
|
4088
PUT
Vanguard Total World Stock ETF
VT
$81.8B
| $4.81M | ﹤0.01% |
34,100
+8,900
| +35% | +$1.24M |
|
4089
CALL
Caleres
CAL
$449M
| $4.81M | ﹤0.01% |
395,200
+337,600
| +586% | +$4.15M |
|
4090
CALL
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $4.8M | ﹤0.01% |
41,900
+33,300
| +387% | +$3.84M |
|
4091
CALL
Dine Brands
DIN
$447M
| $4.8M | ﹤0.01% |
149,400
-89,200
| -37% | -$2.59M |
|
4092
PUT
Banco Bradesco
BBD
$34.2B
| $4.8M | ﹤0.01% |
1,441,200
-603,500
| -30% | -$2.05M |
|
|
SW
4093
CALL
Smurfit Westrock
SW
$25.8B
| $4.79M | ﹤0.01% |
123,800
-127,700
| -51% | -$4.87M |
|
|
CHYM
4094
PUT
Chime Financial
CHYM
$12.1B
| $4.78M | ﹤0.01% |
190,000
+14,700
| +8% | +$312K |
|
4095
PUT
Red Rock Resorts
RRR
$3.76B
| $4.78M | ﹤0.01% |
77,100
+60,300
| +359% | +$3.53M |
|
4096
UWM Holdings
UWMC
$2.55B
| $4.77M | ﹤0.01% |
1,089,727
-148,478
| -12% | -$799K |
|
|
VZLA
4097
PUT
Vizsla Silver
VZLA
$1.32B
| $4.77M | ﹤0.01% |
+872,200
| New | +$4.1M |
|
4098
SM Energy
SM
$8.03B
| $4.76M | ﹤0.01% |
254,723
+212,673
| +506% | +$4.31M |
|
4099
PUT
Valley National Bancorp
VLY
$8.29B
| $4.76M | ﹤0.01% |
407,700
+186,700
| +84% | +$2.07M |
|
|
VOYG
4100
Voyager Technologies
VOYG
$2.6B
| $4.76M | ﹤0.01% |
182,082
-95,274
| -34% | -$2.58M |
|
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.