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 | |
|---|---|---|---|---|---|---|
4601
ESCO Technologies
ESE
$7.92B
| $3.51M | ﹤0.01% |
17,973
+14,980
| +501% | +$3.16M |
|
4602
Ultragenyx Pharmaceutical
RARE
$2.61B
| $3.5M | ﹤0.01% |
152,316
-81,810
| -35% | -$2.69M |
|
4603
CALL
Bakkt Inc
BKKT
$345M
| $3.5M | ﹤0.01% |
348,900
-72,000
| -17% | -$1.59M |
|
4604
Teledyne Technologies
TDY
$31.5B
| $3.5M | ﹤0.01% |
6,853
+2,543
| +59% | +$1.34M |
|
4605
CALL
OppFi
OPFI
$610M
| $3.5M | ﹤0.01% |
334,600
-201,200
| -38% | -$2.04M |
|
4606
CALL
Nurix Therapeutics
NRIX
$2.81B
| $3.5M | ﹤0.01% |
184,400
+113,800
| +161% | +$1.63M |
|
4607
Mohawk Industries
MHK
$9.49B
| $3.49M | ﹤0.01% |
31,940
-34,643
| -52% | -$3.98M |
|
4608
TransAlta
TAC
$4.05B
| $3.49M | ﹤0.01% |
275,957
-128,999
| -32% | -$1.93M |
|
4609
United States Lime & Minerals
USLM
$3.37B
| $3.49M | ﹤0.01% |
29,122
-16,127
| -36% | -$2M |
|
4610
PUT
Cavco Industries
CVCO
$4.65B
| $3.49M | ﹤0.01% |
5,900
-100
| -2% | -$56.7K |
|
4611
CNX Resources
CNX
$5.28B
| $3.49M | ﹤0.01% |
94,782
+59,498
| +169% | +$2.13M |
|
|
NAK
4612
PUT
Northern Dynasty Minerals
NAK
$908M
| $3.48M | ﹤0.01% |
1,769,000
+1,239,700
| +234% | +$2.39M |
|
4613
PUT
iShares US Transportation ETF
IYT
$2.28B
| $3.48M | ﹤0.01% |
46,700
+17,800
| +62% | +$1.29M |
|
4614
PUT
Winnebago Industries
WGO
$892M
| $3.48M | ﹤0.01% |
85,800
+61,900
| +259% | +$2.26M |
|
4615
CALL
Alamo Group
ALG
$2.01B
| $3.47M | ﹤0.01% |
20,700
+19,300
| +1,379% | +$3.36M |
|
4616
American Battery Technology Co
ABAT
$340M
| $3.47M | ﹤0.01% |
1,039,721
+267,090
| +35% | +$1.25M |
|
4617
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $3.47M | ﹤0.01% |
67,100
+28,600
| +74% | +$1.52M |
|
4618
PUT
AXIS Capital
AXS
$7.38B
| $3.47M | ﹤0.01% |
32,400
+10,900
| +51% | +$1.08M |
|
|
GLIBK
4619
CALL
Liberty Capital Corp Series C GCI Group Common Stock
GLIBK
$1.07B
| $3.47M | ﹤0.01% |
+93,200
| New | +$3.27M |
|
4620
Trimble
TRMB
$13.4B
| $3.47M | ﹤0.01% |
44,254
+11,306
| +34% | +$901K |
|
4621
CALL
Danaos Corp
DAC
$2.58B
| $3.47M | ﹤0.01% |
36,800
+2,300
| +7% | +$212K |
|
4622
PUT
Coca-Cola Europacific Partners
CCEP
$47.6B
| $3.46M | ﹤0.01% |
38,200
+11,700
| +44% | +$1.06M |
|
4623
Brown & Brown
BRO
$23.6B
| $3.46M | ﹤0.01% |
43,472
+14,910
| +52% | +$1.24M |
|
4624
CALL
Ericsson
ERIC
$33.6B
| $3.46M | ﹤0.01% |
359,000
+57,300
| +19% | +$543K |
|
|
ESPR
4625
DELISTED
Esperion Therapeutics
ESPR
| $3.46M | ﹤0.01% |
935,919
-18,530
| -2% | -$59.9K |
|
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.