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 | |
|---|---|---|---|---|---|---|
4101
CALL
Clearway Energy Class C
CWEN
$7.01B
| $4.75M | ﹤0.01% |
142,900
+51,200
| +56% | +$1.7M |
|
4102
DXC Technology
DXC
$1.72B
| $4.75M | ﹤0.01% |
324,339
+209,700
| +183% | +$2.88M |
|
4103
Fox Class B
FOX
$25.8B
| $4.75M | ﹤0.01% |
73,174
+46,056
| +170% | +$2.69M |
|
4104
Kaiser Aluminum
KALU
$2.97B
| $4.75M | ﹤0.01% |
+41,341
| New | +$3.93M |
|
4105
Essex Property Trust
ESS
$18.5B
| $4.75M | ﹤0.01% |
18,138
+7,243
| +66% | +$1.87M |
|
4106
PUT
Immunome
IMNM
$3.09B
| $4.74M | ﹤0.01% |
220,900
+165,600
| +299% | +$2.91M |
|
4107
CALL
Mueller Industries
MLI
$14.6B
| $4.74M | ﹤0.01% |
82,600
-71,200
| -46% | -$3.83M |
|
4108
Broadstone Net Lease
BNL
$4.38B
| $4.74M | ﹤0.01% |
272,892
-60,357
| -18% | -$1.09M |
|
4109
CALL
Arch Capital
ACGL
$33.7B
| $4.74M | ﹤0.01% |
49,400
-5,400
| -10% | -$494K |
|
4110
CALL
Reliance Steel & Aluminium
RS
$21.8B
| $4.74M | ﹤0.01% |
16,400
-15,200
| -48% | -$4.27M |
|
|
CWVX
4111
CALL
Tradr 2X Long CRWV Daily ETF
CWVX
$152M
| $4.74M | ﹤0.01% |
216,600
+136,780
| +171% | +$7.72M |
|
4112
CoreCivic
CXW
$3.25B
| $4.73M | ﹤0.01% |
247,690
+178,622
| +259% | +$3.27M |
|
4113
Charles River Laboratories
CRL
$13.4B
| $4.73M | ﹤0.01% |
23,707
-9,491
| -29% | -$1.72M |
|
4114
PUT
PENN Entertainment
PENN
$2.52B
| $4.72M | ﹤0.01% |
320,000
-77,800
| -20% | -$1.21M |
|
|
PSIX
4115
PUT
Power Solutions International
PSIX
$935M
| $4.72M | ﹤0.01% |
82,600
-11,200
| -12% | -$799K |
|
4116
CALL
Cirrus Logic
CRUS
$6.07B
| $4.72M | ﹤0.01% |
39,800
-27,300
| -41% | -$3.36M |
|
4117
BlackRock US Equity Factor Rotation ETF
DYNF
$40.4B
| $4.72M | ﹤0.01% |
77,541
+72,016
| +1,303% | +$4.33M |
|
4118
PUT
LKQ Corp
LKQ
$6.43B
| $4.71M | ﹤0.01% |
156,100
+84,300
| +117% | +$2.54M |
|
4119
Bunge Global
BG
$21.8B
| $4.71M | ﹤0.01% |
52,852
-10,056
| -16% | -$927K |
|
|
VSOL
4120
VanEck Solana ETF
VSOL
$13.8M
| $4.71M | ﹤0.01% |
+291,086
| New | +$4.96M |
|
4121
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $4.7M | ﹤0.01% |
93,174
+54,268
| +139% | +$2.78M |
|
4122
WisdomTree International Quality Dividend Growth Fund
IQDG
$732M
| $4.7M | ﹤0.01% |
113,242
+91,161
| +413% | +$3.68M |
|
4123
PUT
Wendy's
WEN
$1.65B
| $4.69M | ﹤0.01% |
563,400
-407,400
| -42% | -$3.52M |
|
|
PPIH
4124
Perma-Pipe International
PPIH
$218M
| $4.69M | ﹤0.01% |
154,567
+93,267
| +152% | +$2.56M |
|
4125
Hubbell
HUBB
$27B
| $4.69M | ﹤0.01% |
10,557
+525
| +5% | +$230K |
|
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.