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 | |
|---|---|---|---|---|---|---|
5276
Target Hospitality
TH
$1.74B
| $2.39M | ﹤0.01% |
297,836
+97,236
| +48% | +$738K |
|
5277
Phinia Inc
PHIN
$2.73B
| $2.39M | ﹤0.01% |
38,052
+16,885
| +80% | +$933K |
|
5278
PUT
IDEAYA Biosciences
IDYA
$3.49B
| $2.39M | ﹤0.01% |
69,000
+36,200
| +110% | +$1.15M |
|
5279
AngloGold Ashanti
AU
$48.7B
| $2.38M | ﹤0.01% |
27,951
+12,001
| +75% | +$936K |
|
5280
Check Point Software Technologies
CHKP
$13.4B
| $2.38M | ﹤0.01% |
12,843
-7,097
| -36% | -$1.37M |
|
|
ABX
5281
Abacus Global Management
ABX
$907M
| $2.38M | ﹤0.01% |
278,665
+214,708
| +336% | +$1.41M |
|
5282
Nutrien
NTR
$32.6B
| $2.38M | ﹤0.01% |
38,545
+13,843
| +56% | +$815K |
|
5283
Mattel
MAT
$4.29B
| $2.38M | ﹤0.01% |
119,826
-20,202
| -14% | -$390K |
|
5284
PUT
Iridium Communications
IRDM
$5.32B
| $2.38M | ﹤0.01% |
136,700
-95,100
| -41% | -$1.68M |
|
5285
Flex
FLEX
$46.6B
| $2.38M | ﹤0.01% |
39,311
-296,207
| -88% | -$18.3M |
|
5286
CALL
Old Republic International
ORI
$10.3B
| $2.37M | ﹤0.01% |
52,000
-33,600
| -39% | -$1.46M |
|
5287
PUT
Harmony Biosciences
HRMY
$2.22B
| $2.37M | ﹤0.01% |
63,400
-84,800
| -57% | -$2.79M |
|
5288
PUT
Verisk Analytics
VRSK
$23.6B
| $2.37M | ﹤0.01% |
10,600
-2,100
| -17% | -$474K |
|
|
EB
5289
DELISTED
Eventbrite
EB
| $2.37M | ﹤0.01% |
532,800
+290,491
| +120% | +$900K |
|
5290
Flowers Foods
FLO
$1.59B
| $2.37M | ﹤0.01% |
217,777
+106,528
| +96% | +$1.24M |
|
|
SMBS
5291
Schwab Mortgage-Backed Securities ETF
SMBS
$6.47B
| $2.37M | ﹤0.01% |
92,244
+73,325
| +388% | +$1.89M |
|
|
FAZ
5292
Direxion Daily Financial Bear 3x ETF
FAZ
$84.6M
| $2.37M | ﹤0.01% |
61,608
+43,384
| +238% | +$1.82M |
|
5293
Compass Diversified
CODI
$956M
| $2.37M | ﹤0.01% |
493,081
+177,218
| +56% | +$1.12M |
|
5294
Inter&Co
INTR
$2.29B
| $2.36M | ﹤0.01% |
278,865
+102,645
| +58% | +$908K |
|
5295
CALL
Beazer Homes USA
BZH
$872M
| $2.36M | ﹤0.01% |
116,600
-11,800
| -9% | -$263K |
|
5296
Teva Pharmaceuticals
TEVA
$42.8B
| $2.36M | ﹤0.01% |
75,713
-750,545
| -91% | -$18.5M |
|
5297
Velocity Financial
VEL
$717M
| $2.36M | ﹤0.01% |
113,805
+94,690
| +495% | +$1.78M |
|
5298
CALL
Karyopharm Therapeutics
KPTI
$45.8M
| $2.36M | ﹤0.01% |
320,900
+202,000
| +170% | +$1.24M |
|
|
ALMU
5299
Aeluma Inc
ALMU
$337M
| $2.36M | ﹤0.01% |
137,525
-29,678
| -18% | -$469K |
|
5300
Champion Homes
SKY
$5.13B
| $2.36M | ﹤0.01% |
27,940
-16,968
| -38% | -$1.34M |
|
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.