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 | |
|---|---|---|---|---|---|---|
|
GXIG
4676
Global X Investment Grade Corporate Bond ETF
GXIG
$167M
| $3.36M | ﹤0.01% |
132,826
+90,564
| +214% | +$2.34M |
|
4677
Keysight
KEYS
$61.1B
| $3.36M | ﹤0.01% |
16,522
-12,827
| -44% | -$2.38M |
|
4678
ProShares UltraShort QQQ
QID
$242M
| $3.35M | ﹤0.01% |
166,002
-11,002
| -6% | -$227K |
|
4679
iShares MSCI Brazil Small-Cap ETF
EWZS
$205M
| $3.35M | ﹤0.01% |
+259,125
| New | +$3.5M |
|
4680
CALL
First Trust Natural Gas ETF
FCG
$648M
| $3.35M | ﹤0.01% |
143,000
+98,300
| +220% | +$2.3M |
|
4681
Millicom
TIGO
$15.7B
| $3.34M | ﹤0.01% |
+60,311
| New | +$3.04M |
|
4682
A2Z Smart Technologies
AZ
$326M
| $3.34M | ﹤0.01% |
513,382
+186,046
| +57% | +$1.2M |
|
4683
InfraCap MLP ETF
AMZA
$484M
| $3.34M | ﹤0.01% |
84,583
+5,841
| +7% | +$230K |
|
4684
PUT
Integer Holdings
ITGR
$4.26B
| $3.34M | ﹤0.01% |
42,600
+40,600
| +2,030% | +$3.24M |
|
|
SOLZ
4685
Solana ETF
SOLZ
$86.9M
| $3.34M | ﹤0.01% |
261,978
-366,118
| -58% | -$6.13M |
|
4686
CALL
Schwab International Equity ETF
SCHF
$69.4B
| $3.34M | ﹤0.01% |
138,800
-15,600
| -10% | -$371K |
|
4687
Diebold Nixdorf
DBD
$2.48B
| $3.34M | ﹤0.01% |
49,135
+17,203
| +54% | +$1.07M |
|
4688
PUT
Albertsons Companies
ACI
$6.03B
| $3.33M | ﹤0.01% |
194,200
-85,600
| -31% | -$1.53M |
|
4689
CALL
Alkermes
ALKS
$8.23B
| $3.33M | ﹤0.01% |
119,100
-218,300
| -65% | -$6.54M |
|
4690
Legend Biotech
LEGN
$3.95B
| $3.33M | ﹤0.01% |
153,275
-74,233
| -33% | -$2.13M |
|
4691
WisdomTree Global High Dividend Fund
DEW
$157M
| $3.33M | ﹤0.01% |
54,101
+8,050
| +17% | +$488K |
|
|
GTM
4692
CALL
ZoomInfo Technologies
GTM
$1.18B
| $3.33M | ﹤0.01% |
327,300
-359,400
| -52% | -$3.7M |
|
4693
CALL
Honda
HMC
$41B
| $3.33M | ﹤0.01% |
112,900
+7,300
| +7% | +$222K |
|
4694
PUT
Brunswick
BC
$5.36B
| $3.33M | ﹤0.01% |
44,800
-103,000
| -70% | -$6.98M |
|
4695
CALL
Morningstar
MORN
$7.78B
| $3.32M | ﹤0.01% |
15,300
+7,000
| +84% | +$1.52M |
|
4696
Towne Bank
TOWN
$3.5B
| $3.32M | ﹤0.01% |
99,581
+19,272
| +24% | +$649K |
|
4697
Axalta
AXTA
$7.99B
| $3.32M | ﹤0.01% |
102,707
+73,453
| +251% | +$2.15M |
|
4698
CALL
Carter's
CRI
$1.42B
| $3.32M | ﹤0.01% |
102,300
+58,000
| +131% | +$1.81M |
|
4699
Global X MSCI Argentina ETF
ARGT
$808M
| $3.32M | ﹤0.01% |
36,279
-51,941
| -59% | -$4.44M |
|
4700
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $3.32M | ﹤0.01% |
28,920
+15,957
| +123% | +$1.84M |
|
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.