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 | |
|---|---|---|---|---|---|---|
4976
SPDR Gold MiniShares Trust
GLDM
$30B
| $2.83M | ﹤0.01% |
+33,167
| New | +$2.73M |
|
4977
CALL
Alto Ingredients
ALTO
$324M
| $2.83M | ﹤0.01% |
983,100
+882,000
| +872% | +$1.66M |
|
4978
Americold
COLD
$4.25B
| $2.83M | ﹤0.01% |
220,164
+123,362
| +127% | +$1.51M |
|
4979
PUT
CBRE Group
CBRE
$44.3B
| $2.83M | ﹤0.01% |
17,600
-10,700
| -38% | -$1.68M |
|
|
CRON
4980
Cronos Group
CRON
$1.16B
| $2.83M | ﹤0.01% |
1,075,731
+266,599
| +33% | +$690K |
|
|
AUGO
4981
CALL
Aura Minerals Inc
AUGO
$6.37B
| $2.83M | ﹤0.01% |
+56,100
| New | +$2.2M |
|
4982
The GEO Group
GEO
$4.11B
| $2.83M | ﹤0.01% |
175,443
-295,050
| -63% | -$4.92M |
|
|
TMQ
4983
Trilogy Metals
TMQ
$646M
| $2.83M | ﹤0.01% |
655,971
+591,453
| +917% | +$2.79M |
|
4984
CALL
Robert Half
RHI
$4.42B
| $2.82M | ﹤0.01% |
104,000
+86,600
| +498% | +$2.47M |
|
4985
PUT
Commercial Metals
CMC
$7.92B
| $2.82M | ﹤0.01% |
40,800
-30,900
| -43% | -$1.93M |
|
4986
CALL
Cooper-Standard Automotive
CPS
$506M
| $2.82M | ﹤0.01% |
86,000
-155,700
| -64% | -$5.07M |
|
4987
Amkor Technology
AMKR
$14.7B
| $2.82M | ﹤0.01% |
71,504
-391,400
| -85% | -$13.9M |
|
4988
CALL
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $2.82M | ﹤0.01% |
11,700
+100
| +0.9% | +$23.8K |
|
|
HNGE
4989
Hinge Health
HNGE
$7.14B
| $2.82M | ﹤0.01% |
60,758
-140,143
| -70% | -$6.75M |
|
4990
CALL
Kodiak Sciences
KOD
$2.6B
| $2.82M | ﹤0.01% |
100,900
+52,600
| +109% | +$1.08M |
|
4991
PUT
Dana Inc
DAN
$3.26B
| $2.82M | ﹤0.01% |
118,700
+64,600
| +119% | +$1.37M |
|
4992
Solid Biosciences
SLDB
$986M
| $2.82M | ﹤0.01% |
499,293
-4,373
| -0.9% | -$23.7K |
|
4993
PUT
Rayonier
RYN
$6.49B
| $2.81M | ﹤0.01% |
130,000
+12,952
| +11% | +$293K |
|
4994
Leonardo DRS
DRS
$12.2B
| $2.81M | ﹤0.01% |
82,557
-37,053
| -31% | -$1.37M |
|
4995
Snap-on
SNA
$20.9B
| $2.81M | ﹤0.01% |
8,151
-6,760
| -45% | -$2.31M |
|
4996
Surgery Partners
SGRY
$1.97B
| $2.8M | ﹤0.01% |
181,336
-145,294
| -44% | -$2.67M |
|
|
4997
Rayonier
RYN
$6.49B
| $2.8M | ﹤0.01% |
129,238
+31,832
| +33% | +$720K |
|
4998
First Busey Corp
BUSE
$2.58B
| $2.8M | ﹤0.01% |
117,537
+3,969
| +3% | +$93.3K |
|
4999
iShares MSCI China Small-Cap ETF
ECNS
$66.3M
| $2.79M | ﹤0.01% |
85,277
-153,302
| -64% | -$5.48M |
|
5000
CALL
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$181M
| $2.79M | ﹤0.01% |
85,900
-26,600
| -24% | -$931K |
|
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.