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 | |
|---|---|---|---|---|---|---|
4726
Savara
SVRA
$1.11B
| $3.28M | ﹤0.01% |
543,756
+522,392
| +2,445% | +$2.56M |
|
4727
PUT
PJT Partners
PJT
$4.46B
| $3.28M | ﹤0.01% |
19,600
+11,700
| +148% | +$2M |
|
4728
CALL
Ryder
R
$10.1B
| $3.27M | ﹤0.01% |
17,100
-20,300
| -54% | -$3.65M |
|
4729
PUT
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$95.3M
| $3.27M | ﹤0.01% |
155,600
-4,000
| -3% | -$81.6K |
|
4730
CALL
AMN Healthcare
AMN
$1.34B
| $3.27M | ﹤0.01% |
207,500
+181,900
| +711% | +$3.25M |
|
4731
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $3.27M | ﹤0.01% |
39,100
-18,600
| -32% | -$1.51M |
|
4732
CALL
Arqit Quantum
ARQQ
$424M
| $3.27M | ﹤0.01% |
149,400
+109,000
| +270% | +$3.77M |
|
4733
CALL
Polestar Automotive Holding UK
PSNY
$2.06B
| $3.27M | ﹤0.01% |
152,900
+149,453
| +4,336% | +$3.12M |
|
4734
PUT
Stem
STEM
$61M
| $3.27M | ﹤0.01% |
217,100
-68,500
| -24% | -$1.31M |
|
4735
Yext
YEXT
$594M
| $3.27M | ﹤0.01% |
405,175
+237,017
| +141% | +$2M |
|
4736
YieldMax Universe Fund of Option Income ETFs
YMAX
$395M
| $3.26M | ﹤0.01% |
327,070
+136,240
| +71% | +$1.55M |
|
4737
CALL
Jack in the Box
JACK
$327M
| $3.26M | ﹤0.01% |
172,200
+54,200
| +46% | +$980K |
|
4738
CALL
ESCO Technologies
ESE
$7.92B
| $3.26M | ﹤0.01% |
16,700
| – | – |
|
|
GES
4739
PUT
DELISTED
Guess Inc
GES
| $3.26M | ﹤0.01% |
194,800
+162,600
| +505% | +$2.75M |
|
4740
CALL
Evolv Technologies
EVLV
$1.05B
| $3.25M | ﹤0.01% |
454,600
-126,300
| -22% | -$898K |
|
4741
PUT
Crescent Energy
CRGY
$4.03B
| $3.25M | ﹤0.01% |
387,900
+200,100
| +107% | +$1.76M |
|
4742
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.85B
| $3.25M | ﹤0.01% |
84,055
+62,851
| +296% | +$2.39M |
|
4743
CALL
RB Global
RBA
$15.6B
| $3.25M | ﹤0.01% |
31,600
-47,400
| -60% | -$4.82M |
|
4744
Genworth Financial
GNW
$3.84B
| $3.25M | ﹤0.01% |
359,681
-277,448
| -44% | -$2.42M |
|
4745
PagerDuty
PD
$918M
| $3.24M | ﹤0.01% |
247,249
+91,858
| +59% | +$1.34M |
|
4746
Sweetgreen
SG
$748M
| $3.24M | ﹤0.01% |
479,275
-76,401
| -14% | -$525K |
|
4747
Better Home & Finance Holding
BETR
$261M
| $3.24M | ﹤0.01% |
99,391
+86,866
| +694% | +$4.7M |
|
4748
PUT
AllianceBernstein
AB
$3.41B
| $3.23M | ﹤0.01% |
84,000
+5,600
| +7% | +$222K |
|
4749
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.9B
| $3.23M | ﹤0.01% |
+35,357
| New | +$3.22M |
|
4750
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $3.23M | ﹤0.01% |
43,030
+1,150
| +3% | +$88.8K |
|
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.