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 | |
|---|---|---|---|---|---|---|
|
CNTA
4376
CALL
DELISTED
Centessa Pharmaceuticals
CNTA
| $4.01M | ﹤0.01% |
160,500
-269,800
| -63% | -$6.83M |
|
4377
CALL
Louisiana-Pacific
LPX
$5.17B
| $4.01M | ﹤0.01% |
49,700
-13,100
| -21% | -$1.11M |
|
4378
CALL
iShares S&P 100 ETF
OEF
$20.5B
| $4.01M | ﹤0.01% |
11,700
-7,600
| -39% | -$2.58M |
|
|
LB
4379
PUT
LandBridge Co
LB
$2.24B
| $4.01M | ﹤0.01% |
81,900
+6,800
| +9% | +$395K |
|
4380
iShares ESG Advanced MSCI EAFE ETF
DMXF
$972M
| $4.01M | ﹤0.01% |
53,382
-4,345
| -8% | -$331K |
|
4381
Jacobs Solutions
J
$16.9B
| $4.01M | ﹤0.01% |
30,261
+17,003
| +128% | +$2.49M |
|
4382
Robert Half
RHI
$4.42B
| $4.01M | ﹤0.01% |
147,522
+10,290
| +7% | +$294K |
|
4383
Invesco WilderHill Clean Energy ETF
PBW
$465M
| $4.01M | ﹤0.01% |
131,163
+58,444
| +80% | +$1.86M |
|
|
WLAC
4384
CALL
DELISTED
Willow Lane Acquisition Corp
WLAC
| $4M | ﹤0.01% |
+316,600
| New | +$3.89M |
|
4385
Ally Financial
ALLY
$13.7B
| $4M | ﹤0.01% |
88,317
-50,884
| -37% | -$2.1M |
|
4386
PUT
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$441M
| $4M | ﹤0.01% |
62,600
-172,100
| -73% | -$11.3M |
|
|
PVLA
4387
CALL
Palvella Therapeutics
PVLA
$2.25B
| $4M | ﹤0.01% |
38,200
+22,500
| +143% | +$1.92M |
|
4388
iShares MSCI Singapore ETF
EWS
$1.17B
| $4M | ﹤0.01% |
145,290
-74,965
| -34% | -$2.11M |
|
|
VPU
4389
CALL
Vanguard Utilities ETF
VPU
$8.57B
| $4M | ﹤0.01% |
21,600
+6,500
| +43% | +$1.25M |
|
4390
PUT
Nabors Industries
NBR
$1.39B
| $4M | ﹤0.01% |
73,600
-4,700
| -6% | -$229K |
|
4391
CALL
Imperial Oil
IMO
$64.5B
| $4M | ﹤0.01% |
46,300
-65,000
| -58% | -$5.92M |
|
4392
Spectrum Brands
SPB
$2.07B
| $4M | ﹤0.01% |
67,632
+27,616
| +69% | +$1.55M |
|
4393
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$799M
| $3.99M | ﹤0.01% |
+83,183
| New | +$3.94M |
|
4394
Ventas
VTR
$46.9B
| $3.99M | ﹤0.01% |
51,575
-30,054
| -37% | -$2.27M |
|
4395
CALL
Appian
APPN
$2.54B
| $3.99M | ﹤0.01% |
112,600
-90,200
| -44% | -$3.21M |
|
4396
Sable Offshore Corp
SOC
$796M
| $3.99M | ﹤0.01% |
442,020
-1,801,047
| -80% | -$17M |
|
4397
Coca-Cola Europacific Partners
CCEP
$47.6B
| $3.99M | ﹤0.01% |
43,955
-56,765
| -56% | -$5.13M |
|
4398
PUT
ScottsMiracle-Gro
SMG
$3.55B
| $3.99M | ﹤0.01% |
68,300
-35,300
| -34% | -$1.98M |
|
4399
CALL
Primoris Services
PRIM
$4.48B
| $3.98M | ﹤0.01% |
32,100
-44,400
| -58% | -$5.8M |
|
|
LINE
4400
PUT
Lineage Inc
LINE
$9.51B
| $3.98M | ﹤0.01% |
113,800
+35,500
| +45% | +$1.31M |
|
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.