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 | |
|---|---|---|---|---|---|---|
5376
Independence Realty Trust
IRT
$4.01B
| $2.27M | ﹤0.01% |
+130,064
| New | +$2.16M |
|
5377
PUT
Allison Transmission
ALSN
$10.4B
| $2.27M | ﹤0.01% |
23,200
-600
| -3% | -$52.6K |
|
|
ACB
5378
CALL
Aurora Cannabis
ACB
$233M
| $2.27M | ﹤0.01% |
537,800
-3,600
| -0.7% | -$17.6K |
|
5379
PUT
GXO Logistics
GXO
$5.59B
| $2.27M | ﹤0.01% |
43,100
-42,300
| -50% | -$2.22M |
|
5380
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$19.8M
| $2.27M | ﹤0.01% |
43,110
+34,280
| +388% | +$2.51M |
|
5381
Frontier Group Holdings
ULCC
$1.54B
| $2.27M | ﹤0.01% |
481,332
-155,019
| -24% | -$687K |
|
5382
iShares Russell 3000 ETF
IWV
$20.5B
| $2.27M | ﹤0.01% |
5,858
-52
| -0.9% | -$20K |
|
5383
Franklin Intelligent Machines ETF
IQM
$113M
| $2.26M | ﹤0.01% |
+25,900
| New | +$2.3M |
|
|
XXI
5384
PUT
Twenty One Capital Inc
XXI
$2.69B
| $2.26M | ﹤0.01% |
+258,400
| New | +$2.7M |
|
5385
Simplify Health Care ETF
PINK
$387M
| $2.26M | ﹤0.01% |
61,838
+40,742
| +193% | +$1.43M |
|
|
ACLX
5386
PUT
DELISTED
Arcellx
ACLX
| $2.26M | ﹤0.01% |
34,700
+16,500
| +91% | +$1.32M |
|
5387
CALL
MaxLinear
MXL
$7.69B
| $2.26M | ﹤0.01% |
129,800
-17,200
| -12% | -$280K |
|
5388
CALL
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $2.26M | ﹤0.01% |
23,500
-96,000
| -80% | -$9.23M |
|
5389
CALL
Prothena Corp
PRTA
$455M
| $2.26M | ﹤0.01% |
236,800
-130,100
| -35% | -$1.32M |
|
5390
PUT
iShares Core S&P Total US Stock Market ETF
ITOT
$98.3B
| $2.26M | ﹤0.01% |
15,200
-1,900
| -11% | -$280K |
|
|
RZLV
5391
PUT
Rezolve AI
RZLV
$1.06B
| $2.26M | ﹤0.01% |
879,400
-769,200
| -47% | -$2.9M |
|
5392
Astronics
ATRO
$4.61B
| $2.26M | ﹤0.01% |
49,996
+31,371
| +168% | +$1.32M |
|
5393
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.72B
| $2.26M | ﹤0.01% |
+22,112
| New | +$2.25M |
|
5394
CALL
Vanguard Extended Market ETF
VXF
$32.3B
| $2.26M | ﹤0.01% |
10,800
+4,600
| +74% | +$966K |
|
5395
PUT
Grupo Cibest SA
CIB
$22.8B
| $2.26M | ﹤0.01% |
+35,500
| New | +$2.12M |
|
5396
CALL
Coastal Financial
CCB
$802M
| $2.26M | ﹤0.01% |
19,700
+4,400
| +29% | +$480K |
|
5397
iShares US Regional Banks ETF
IAT
$693M
| $2.25M | ﹤0.01% |
40,875
+2,096
| +5% | +$109K |
|
|
TRTX
5398
CALL
TPG RE Finance Trust
TRTX
$609M
| $2.25M | ﹤0.01% |
261,700
+36,300
| +16% | +$322K |
|
5399
ManpowerGroup
MAN
$2.71B
| $2.25M | ﹤0.01% |
75,707
+31,346
| +71% | +$979K |
|
5400
PUT
WEX
WEX
$6.54B
| $2.25M | ﹤0.01% |
15,100
+8,800
| +140% | +$1.33M |
|
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.