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 | |
|---|---|---|---|---|---|---|
5526
CALL
Global X Artificial Intelligence & Technology ETF
AIQ
$10.3B
| $2.13M | ﹤0.01% |
41,900
+11,400
| +37% | +$579K |
|
5527
PUT
United Microelectronic
UMC
$48B
| $2.13M | ﹤0.01% |
271,100
-58,300
| -18% | -$442K |
|
5528
PUT
Stock Yards Bancorp
SYBT
$2.64B
| $2.13M | ﹤0.01% |
32,800
-3,000
| -8% | -$202K |
|
|
TPH
5529
DELISTED
Tri Pointe Homes
TPH
| $2.13M | ﹤0.01% |
67,692
-76,002
| -53% | -$2.47M |
|
|
CALY
5530
PUT
Callaway Golf Company
CALY
$2.94B
| $2.13M | ﹤0.01% |
182,500
+99,300
| +119% | +$1.05M |
|
|
XIDV
5531
Franklin International Dividend Booster Index ETF
XIDV
$47.1M
| $2.13M | ﹤0.01% |
62,544
+870
| +1% | +$28.5K |
|
|
IMSR
5532
Terrestrial Energy
IMSR
$624M
| $2.13M | ﹤0.01% |
348,532
-253,399
| -42% | -$3.39M |
|
5533
Houlihan Lokey
HLI
$8.99B
| $2.13M | ﹤0.01% |
+12,221
| New | +$2.24M |
|
5534
PUT
Liberty Media Series C
FWONK
$26B
| $2.13M | ﹤0.01% |
21,600
+4,700
| +28% | +$461K |
|
5535
Blend Labs
BLND
$352M
| $2.13M | ﹤0.01% |
699,869
-814,153
| -54% | -$2.6M |
|
5536
CALL
Vanguard Total Bond Market
BND
$161B
| $2.13M | ﹤0.01% |
28,700
-33,100
| -54% | -$2.46M |
|
5537
Host Hotels & Resorts
HST
$15.7B
| $2.13M | ﹤0.01% |
119,858
-363,782
| -75% | -$6.28M |
|
5538
PUT
Group 1 Automotive
GPI
$3.15B
| $2.12M | ﹤0.01% |
5,400
-45,600
| -89% | -$18.7M |
|
5539
PUT
Credicorp
BAP
$30.7B
| $2.12M | ﹤0.01% |
7,400
+2,100
| +40% | +$556K |
|
5540
PUT
Qfin Holdings
QFIN
$1.49B
| $2.12M | ﹤0.01% |
110,200
+12,200
| +12% | +$274K |
|
5541
iShares Self-Driving EV and Tech ETF
IDRV
$139M
| $2.12M | ﹤0.01% |
55,973
+2,940
| +6% | +$111K |
|
5542
Dimensional US Large Cap Value ETF
DFLV
$7.03B
| $2.12M | ﹤0.01% |
62,044
+46,521
| +300% | +$1.55M |
|
5543
Dianthus Therapeutics
DNTH
$6.49B
| $2.12M | ﹤0.01% |
51,466
+39,405
| +327% | +$1.53M |
|
5544
Oaktree Specialty Lending
OCSL
$1.14B
| $2.12M | ﹤0.01% |
166,123
-57,596
| -26% | -$769K |
|
5545
AptarGroup
ATR
$8.4B
| $2.12M | ﹤0.01% |
17,344
+2,689
| +18% | +$332K |
|
5546
CALL
Dyne Therapeutics
DYN
$4.8B
| $2.11M | ﹤0.01% |
108,100
+97,400
| +910% | +$1.84M |
|
5547
Invesco MSCI Global Timber ETF
CUT
$33.4M
| $2.11M | ﹤0.01% |
72,749
+11,419
| +19% | +$327K |
|
5548
Schwab US Large- Cap ETF
SCHX
$74.9B
| $2.11M | ﹤0.01% |
+78,537
| New | +$2.1M |
|
5549
CALL
Ginkgo Bioworks
DNA
$457M
| $2.11M | ﹤0.01% |
254,300
-113,000
| -31% | -$1.22M |
|
5550
YieldMax TSLA Option Income Strategy ETF
TSLY
$674M
| $2.11M | ﹤0.01% |
56,289
+2,386
| +4% | +$96.5K |
|
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.