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 | |
|---|---|---|---|---|---|---|
5476
Tema Durable Quality ETF
TOLL
$59.7M
| $2.18M | ﹤0.01% |
61,778
+41,595
| +206% | +$1.45M |
|
5477
CALL
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $2.18M | ﹤0.01% |
76,400
+3,900
| +5% | +$110K |
|
|
CPRJ
5478
Calamos Russell 2000 Structured Alt Protection ETF - July
CPRJ
$39M
| $2.17M | ﹤0.01% |
81,199
+34,508
| +74% | +$917K |
|
5479
CALL
Nexstar Media Group
NXST
$5.84B
| $2.17M | ﹤0.01% |
10,700
-19,900
| -65% | -$3.89M |
|
|
IFLN
5480
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$307M
| $2.17M | ﹤0.01% |
116,802
+8,418
| +8% | +$156K |
|
5481
PUT
ICICI Bank
IBN
$107B
| $2.17M | ﹤0.01% |
72,900
+26,500
| +57% | +$813K |
|
5482
Pegasystems
PEGA
$5.31B
| $2.17M | ﹤0.01% |
36,370
+14,577
| +67% | +$854K |
|
5483
PUT
FTI Consulting
FCN
$4.19B
| $2.17M | ﹤0.01% |
12,700
+4,100
| +48% | +$676K |
|
5484
Freshpet
FRPT
$3.5B
| $2.17M | ﹤0.01% |
35,585
-315,629
| -90% | -$17.9M |
|
|
THS
5485
DELISTED
Treehouse Foods
THS
| $2.17M | ﹤0.01% |
91,865
-104,619
| -53% | -$2.28M |
|
|
BLDP
5486
CALL
Ballard Power Systems
BLDP
$814M
| $2.17M | ﹤0.01% |
852,900
+503,900
| +144% | +$1.56M |
|
5487
CALL
ThredUp
TDUP
$403M
| $2.17M | ﹤0.01% |
339,000
-98,400
| -22% | -$796K |
|
5488
Paymentus
PAY
$5.27B
| $2.17M | ﹤0.01% |
68,569
+32,062
| +88% | +$1.05M |
|
5489
iShares Global Healthcare ETF
IXJ
$4.2B
| $2.17M | ﹤0.01% |
22,238
-3,965
| -15% | -$375K |
|
5490
CALL
Amplify Alternative Harvest ETF
MJ
$110M
| $2.17M | ﹤0.01% |
72,700
-52,100
| -42% | -$1.65M |
|
5491
CALL
Concentrix
CNXC
$1.49B
| $2.16M | ﹤0.01% |
52,000
-500
| -1% | -$20.3K |
|
5492
Unum
UNM
$14.8B
| $2.16M | ﹤0.01% |
27,877
-15,704
| -36% | -$1.2M |
|
5493
CALL
Performance Food Group
PFGC
$16.8B
| $2.16M | ﹤0.01% |
24,000
-8,700
| -27% | -$840K |
|
|
LFAO
5494
LifeX 2055 Longevity Income ETF
LFAO
$4.8M
| $2.16M | ﹤0.01% |
12,798
-566
| -4% | -$96.7K |
|
5495
LKQ Corp
LKQ
$6.43B
| $2.16M | ﹤0.01% |
71,418
-213,585
| -75% | -$6.44M |
|
5496
UDR
UDR
$12.2B
| $2.16M | ﹤0.01% |
58,793
+14,124
| +32% | +$502K |
|
|
JOYY
5497
PUT
JOYY Inc
JOYY
$3.68B
| $2.16M | ﹤0.01% |
33,300
-75,600
| -69% | -$4.62M |
|
5498
CALL
Invitation Homes
INVH
$18B
| $2.16M | ﹤0.01% |
77,600
-101,600
| -57% | -$2.84M |
|
|
MNTN
5499
CALL
MNTN Inc
MNTN
$937M
| $2.16M | ﹤0.01% |
180,600
+80,800
| +81% | +$1.16M |
|
5500
PUT
AXT Inc
AXTI
$5.35B
| $2.15M | ﹤0.01% |
131,800
+116,300
| +750% | +$1.12M |
|
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.