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 | |
|---|---|---|---|---|---|---|
4226
CALL
Bit Digital
BTBT
$566M
| $4.41M | ﹤0.01% |
2,332,900
-1,125,400
| -33% | -$3.25M |
|
4227
SBA Communications
SBAC
$19.6B
| $4.41M | ﹤0.01% |
22,791
-25,336
| -53% | -$4.89M |
|
4228
PUT
Warrior Met Coal
HCC
$5.19B
| $4.4M | ﹤0.01% |
49,900
-61,700
| -55% | -$4.64M |
|
4229
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $4.4M | ﹤0.01% |
58,000
-35,900
| -38% | -$2.77M |
|
4230
CALL
Broadridge
BR
$19.5B
| $4.4M | ﹤0.01% |
19,700
-9,800
| -33% | -$2.24M |
|
|
RAL
4231
Ralliant Corp
RAL
$8B
| $4.39M | ﹤0.01% |
86,262
+43,643
| +102% | +$2.05M |
|
4232
CALL
Genius Sports
GENI
$2.33B
| $4.39M | ﹤0.01% |
398,300
-131,900
| -25% | -$1.44M |
|
|
SMLR
4233
CALL
DELISTED
Semler Scientific
SMLR
| $4.38M | ﹤0.01% |
286,700
+140,500
| +96% | +$3.19M |
|
4234
CenterPoint Energy
CNP
$26.9B
| $4.37M | ﹤0.01% |
114,091
+27,175
| +31% | +$1.06M |
|
4235
Equity Residential
EQR
$24.7B
| $4.37M | ﹤0.01% |
69,375
-26,491
| -28% | -$1.63M |
|
4236
PUT
PagSeguro Digital
PAGS
$2.4B
| $4.37M | ﹤0.01% |
453,500
-70,900
| -14% | -$680K |
|
4237
CALL
Digital Turbine
APPS
$1.51B
| $4.37M | ﹤0.01% |
874,000
-77,800
| -8% | -$440K |
|
4238
Direxion Daily FTSE China Bull 3X ETF
YINN
$653M
| $4.37M | ﹤0.01% |
102,518
-158,734
| -61% | -$7.54M |
|
|
4239
Broadridge
BR
$19.5B
| $4.37M | ﹤0.01% |
19,560
+9,960
| +104% | +$2.27M |
|
4240
iShares MSCI USA Equal Weighted ETF
EUSA
$1.95B
| $4.36M | ﹤0.01% |
42,200
+38,025
| +911% | +$3.91M |
|
4241
CALL
Weatherford International
WFRD
$6.79B
| $4.36M | ﹤0.01% |
55,700
-14,300
| -20% | -$1.04M |
|
4242
Schwab US REIT ETF
SCHH
$11.4B
| $4.35M | ﹤0.01% |
+208,393
| New | +$4.42M |
|
4243
CALL
Global Ship Lease
GSL
$1.52B
| $4.35M | ﹤0.01% |
124,200
+39,000
| +46% | +$1.27M |
|
4244
PUT
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.58B
| $4.35M | ﹤0.01% |
120,100
-24,100
| -17% | -$874K |
|
4245
TriMas Corp
TRS
$1.4B
| $4.35M | ﹤0.01% |
122,628
+54,938
| +81% | +$1.92M |
|
4246
Vanguard Communication Services ETF
VOX
$5.9B
| $4.34M | ﹤0.01% |
22,436
+15,151
| +208% | +$2.84M |
|
4247
POET Technologies
POET
$1.65B
| $4.34M | ﹤0.01% |
686,181
+217,018
| +46% | +$1.38M |
|
4248
iShares Russell Mid-Cap Value ETF
IWS
$16.1B
| $4.34M | ﹤0.01% |
30,751
+23,473
| +323% | +$3.28M |
|
4249
PUT
VanEck Pharmaceutical ETF
PPH
$985M
| $4.33M | ﹤0.01% |
42,000
+8,100
| +24% | +$788K |
|
4250
JPMorgan Active Growth ETF
JGRO
$10.1B
| $4.33M | ﹤0.01% |
46,659
+20,358
| +77% | +$1.91M |
|
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.