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 | |
|---|---|---|---|---|---|---|
4276
PUT
Magnite
MGNI
$3.55B
| $4.26M | ﹤0.01% |
262,700
+61,000
| +30% | +$1.01M |
|
4277
CALL
Organon & Co
OGN
$3.6B
| $4.26M | ﹤0.01% |
594,300
-192,900
| -25% | -$1.52M |
|
4278
Prospect Capital
PSEC
$1.15B
| $4.26M | ﹤0.01% |
1,645,159
-2,091,073
| -56% | -$5.58M |
|
4279
CALL
GraniteShares 2x Long TSLA Daily ETF
TSLR
$75.1M
| $4.26M | ﹤0.01% |
133,000
-175,800
| -57% | -$5.69M |
|
4280
PUT
Ingersoll Rand
IR
$32.3B
| $4.25M | ﹤0.01% |
53,700
+20,700
| +63% | +$1.63M |
|
4281
CALL
Immunovant
IMVT
$8.64B
| $4.25M | ﹤0.01% |
167,300
+97,100
| +138% | +$2.17M |
|
4282
Freedom Holding
FRHC
$9.34B
| $4.25M | ﹤0.01% |
34,939
+9,897
| +40% | +$1.44M |
|
4283
iShares US Utilities ETF
IDU
$1.38B
| $4.25M | ﹤0.01% |
+39,220
| New | +$4.38M |
|
4284
PUT
McEwen Inc
MUX
$1.15B
| $4.25M | ﹤0.01% |
229,500
+66,600
| +41% | +$1.24M |
|
4285
PUT
Cedar Fair
FUN
$1.68B
| $4.25M | ﹤0.01% |
276,800
+71,700
| +35% | +$1.3M |
|
4286
PUT
Curtiss-Wright
CW
$25.8B
| $4.24M | ﹤0.01% |
7,700
+1,800
| +31% | +$1M |
|
4287
GoDaddy
GDDY
$12B
| $4.24M | ﹤0.01% |
34,178
-9,559
| -22% | -$1.24M |
|
4288
Boston Properties
BXP
$10.9B
| $4.24M | ﹤0.01% |
62,777
-61,839
| -50% | -$4.4M |
|
4289
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.26B
| $4.23M | ﹤0.01% |
+44,951
| New | +$4.24M |
|
|
MIAX
4290
CALL
Miami International Holdings
MIAX
$4.32B
| $4.23M | ﹤0.01% |
95,400
-34,400
| -27% | -$1.53M |
|
4291
CALL
Assured Guaranty
AGO
$3.38B
| $4.23M | ﹤0.01% |
47,100
+40,100
| +573% | +$3.46M |
|
4292
Skyworks Solutions
SWKS
$10.5B
| $4.23M | ﹤0.01% |
66,690
-50,508
| -43% | -$3.53M |
|
4293
CALL
Liberty Energy
LBRT
$3.59B
| $4.23M | ﹤0.01% |
229,000
-9,200
| -4% | -$154K |
|
4294
CALL
Lennox International
LII
$14.6B
| $4.22M | ﹤0.01% |
8,700
-5,200
| -37% | -$2.6M |
|
4295
Newmark Group
NMRK
$2.76B
| $4.22M | ﹤0.01% |
243,549
-88,411
| -27% | -$1.55M |
|
4296
CALL
Royalty Pharma
RPRX
$26.1B
| $4.22M | ﹤0.01% |
109,200
-227,000
| -68% | -$8.66M |
|
|
XNET
4297
CALL
Xunlei
XNET
$334M
| $4.21M | ﹤0.01% |
594,300
-474,400
| -44% | -$3.81M |
|
4298
VeriSign
VRSN
$25.7B
| $4.21M | ﹤0.01% |
17,334
+11,307
| +188% | +$2.84M |
|
4299
PUT
Crinetics Pharmaceuticals
CRNX
$8.99B
| $4.21M | ﹤0.01% |
90,400
+45,400
| +101% | +$2.02M |
|
4300
iShares Future Exponential Technologies ETF
XT
$3.99B
| $4.21M | ﹤0.01% |
60,335
-13,770
| -19% | -$1.01M |
|
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.