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 | |
|---|---|---|---|---|---|---|
5576
PUT
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $2.08M | ﹤0.01% |
6,600
+600
| +10% | +$187K |
|
|
ALMU
5577
CALL
Aeluma Inc
ALMU
$337M
| $2.08M | ﹤0.01% |
+120,900
| New | +$1.91M |
|
|
CIL
5578
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $2.07M | ﹤0.01% |
38,443
-12,096
| -24% | -$634K |
|
5579
Insperity
NSP
$1.99B
| $2.07M | ﹤0.01% |
53,571
+48,647
| +988% | +$1.94M |
|
5580
Aptiv
APTV
$10.3B
| $2.07M | ﹤0.01% |
27,223
+696
| +3% | +$55.9K |
|
5581
Benchmark Electronics
BHE
$2.94B
| $2.07M | ﹤0.01% |
48,418
-15,013
| -24% | -$650K |
|
|
BKV
5582
BKV Corp
BKV
$2.93B
| $2.07M | ﹤0.01% |
76,238
+61,216
| +408% | +$1.54M |
|
5583
CALL
Mirum Pharmaceuticals
MIRM
$6.14B
| $2.07M | ﹤0.01% |
26,200
-12,400
| -32% | -$890K |
|
5584
CALL
Camden Property Trust
CPT
$11.1B
| $2.07M | ﹤0.01% |
18,800
+13,300
| +242% | +$1.38M |
|
5585
Brink's
BCO
$4.71B
| $2.07M | ﹤0.01% |
17,721
+9,051
| +104% | +$1.04M |
|
5586
Global X E-commerce ETF
EBIZ
$28.7M
| $2.07M | ﹤0.01% |
63,667
+10,061
| +19% | +$335K |
|
5587
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $2.07M | ﹤0.01% |
8,569
+4,079
| +91% | +$969K |
|
|
DFDV
5588
CALL
DeFi Development Corp
DFDV
$95.2M
| $2.07M | ﹤0.01% |
409,300
-355,640
| -46% | -$3.26M |
|
|
KYNB
5589
CALL
Kyntra Bio
KYNB
$28.5M
| $2.07M | ﹤0.01% |
235,300
| – | – |
|
5590
PUT
LendingTree
TREE
$458M
| $2.07M | ﹤0.01% |
38,900
-61,000
| -61% | -$3.42M |
|
5591
PUT
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$181M
| $2.06M | ﹤0.01% |
63,500
-7,800
| -11% | -$273K |
|
5592
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $2.06M | ﹤0.01% |
82,100
+33,400
| +69% | +$784K |
|
5593
Evercore
EVR
$11.8B
| $2.06M | ﹤0.01% |
+6,066
| New | +$1.95M |
|
5594
RUM Group Inc
RUM
$3.7B
| $2.06M | ﹤0.01% |
326,512
-522,253
| -62% | -$3.58M |
|
|
DVAX
5595
PUT
DELISTED
Dynavax Technologies
DVAX
| $2.06M | ﹤0.01% |
134,100
+117,500
| +708% | +$1.29M |
|
5596
CALL
Arvinas
ARVN
$587M
| $2.06M | ﹤0.01% |
173,900
-159,800
| -48% | -$1.74M |
|
|
FOLD
5597
DELISTED
Amicus Therapeutics
FOLD
| $2.06M | ﹤0.01% |
144,763
+123,180
| +571% | +$1.21M |
|
|
ABTC
5598
American Bitcoin Corp
ABTC
$529M
| $2.06M | ﹤0.01% |
80,826
+70,275
| +666% | +$4.39M |
|
5599
Immix Biopharma
IMMX
$781M
| $2.06M | ﹤0.01% |
393,887
+303,029
| +334% | +$1.25M |
|
5600
KraneShares 100% KWEB Defined Outcome January 2026 ETF
KPRO
$3.36M
| $2.06M | ﹤0.01% |
72,711
-8,465
| -10% | -$260K |
|
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.