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 | |
|---|---|---|---|---|---|---|
5351
Banco Bradesco
BBD
$34.2B
| $2.29M | ﹤0.01% |
689,114
-728,710
| -51% | -$2.48M |
|
5352
Red Violet
RDVT
$1.12B
| $2.29M | ﹤0.01% |
+40,291
| New | +$2.19M |
|
5353
CALL
Kiniksa Pharmaceuticals
KNSA
$5.99B
| $2.29M | ﹤0.01% |
55,600
-35,200
| -39% | -$1.41M |
|
5354
MGIC Investment
MTG
$6.39B
| $2.29M | ﹤0.01% |
78,442
-16,821
| -18% | -$472K |
|
5355
Odyssey Marine Exploration
OMEX
$52.9M
| $2.29M | ﹤0.01% |
1,169,296
+498,168
| +74% | +$1.15M |
|
5356
Xtrackers MSCI EAFE ESG Leaders Equity ETF
EASG
$69M
| $2.29M | ﹤0.01% |
65,125
+17,711
| +37% | +$623K |
|
5357
PUT
VanEck Biotech ETF
BBH
$424M
| $2.29M | ﹤0.01% |
12,100
+9,400
| +348% | +$1.74M |
|
5358
Cavco Industries
CVCO
$4.65B
| $2.29M | ﹤0.01% |
3,876
-1,839
| -32% | -$1.04M |
|
5359
1stdibs.com
DIBS
$165M
| $2.29M | ﹤0.01% |
382,076
+359,193
| +1,570% | +$1.62M |
|
5360
PUT
Buckle
BKE
$2.27B
| $2.29M | ﹤0.01% |
42,800
-44,800
| -51% | -$2.5M |
|
|
XXI
5361
CALL
Twenty One Capital Inc
XXI
$2.69B
| $2.29M | ﹤0.01% |
+261,000
| New | +$2.72M |
|
|
STLN
5362
CALL
Starling Oncology
STLN
$657M
| $2.29M | ﹤0.01% |
642,100
+465,600
| +264% | +$1.73M |
|
5363
NCR Voyix
VYX
$1.13B
| $2.28M | ﹤0.01% |
223,919
-145,596
| -39% | -$1.58M |
|
5364
Everspin Technologies
MRAM
$460M
| $2.28M | ﹤0.01% |
246,104
+114,099
| +86% | +$1.09M |
|
5365
CALL
Xeris Biopharma Holdings
XERS
$1.57B
| $2.28M | ﹤0.01% |
290,900
+103,000
| +55% | +$811K |
|
5366
CALL
Transportadora de Gas del Sur
TGS
$4.23B
| $2.28M | ﹤0.01% |
73,400
-9,300
| -11% | -$263K |
|
5367
iShares Russell 2000 Value ETF
IWN
$14.7B
| $2.28M | ﹤0.01% |
12,587
+899
| +8% | +$161K |
|
5368
Global X Data Center & Digital Infrastructure ETF
DTCR
$2.23B
| $2.28M | ﹤0.01% |
+108,054
| New | +$2.3M |
|
|
CMBT
5369
CALL
CMB.TECH NV
CMBT
$5B
| $2.28M | ﹤0.01% |
236,200
+131,200
| +125% | +$1.28M |
|
5370
CALL
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $2.28M | ﹤0.01% |
43,800
+12,800
| +41% | +$662K |
|
5371
Sana Biotechnology
SANA
$1.06B
| $2.28M | ﹤0.01% |
559,750
+46,229
| +9% | +$207K |
|
5372
CALL
Arbutus Biopharma
ABUS
$924M
| $2.28M | ﹤0.01% |
473,600
+101,500
| +27% | +$456K |
|
|
ONIT
5373
Onity Group
ONIT
$328M
| $2.28M | ﹤0.01% |
49,740
+8,224
| +20% | +$338K |
|
5374
Helios Technologies
HLIO
$2.69B
| $2.28M | ﹤0.01% |
42,572
+15,879
| +59% | +$856K |
|
|
LINE
5375
Lineage Inc
LINE
$9.51B
| $2.28M | ﹤0.01% |
65,041
+24,856
| +62% | +$919K |
|
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.