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 | |
|---|---|---|---|---|---|---|
|
BRR
5676
CALL
ProCap Financial Inc
BRR
$148M
| $1.99M | ﹤0.01% |
563,400
+87,300
| +18% | +$696K |
|
5677
VanEck Digital India ETF
DGIN
$15.8M
| $1.99M | ﹤0.01% |
48,561
+8,934
| +23% | +$373K |
|
5678
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$495M
| $1.99M | ﹤0.01% |
49,567
+1,339
| +3% | +$56K |
|
5679
PUT
Westlake Corp
WLK
$10.2B
| $1.98M | ﹤0.01% |
26,800
+22,500
| +523% | +$1.6M |
|
5680
CALL
ArcBest
ARCB
$3.19B
| $1.98M | ﹤0.01% |
26,700
+16,400
| +159% | +$1.17M |
|
5681
SoFi Select 500 ETF
SFY
$704M
| $1.98M | ﹤0.01% |
14,980
-18,983
| -56% | -$2.5M |
|
5682
ROBO Global Robotics & Automation Index ETF
ROBO
$2.12B
| $1.98M | ﹤0.01% |
28,562
+16,003
| +127% | +$1.09M |
|
5683
CALL
Middleby
MIDD
$5.33B
| $1.98M | ﹤0.01% |
13,300
-14,300
| -52% | -$1.88M |
|
5684
JPMorgan US Value Factor ETF
JVAL
$874M
| $1.98M | ﹤0.01% |
40,283
-40,583
| -50% | -$1.96M |
|
5685
Roundhill Generative AI & Technology ETF
CHAT
$1.96B
| $1.98M | ﹤0.01% |
33,523
+4,509
| +16% | +$280K |
|
|
REVG
5686
CALL
DELISTED
REV Group
REVG
| $1.98M | ﹤0.01% |
32,500
-17,300
| -35% | -$971K |
|
5687
PUT
Saic
SAIC
$5.36B
| $1.97M | ﹤0.01% |
19,600
+7,700
| +65% | +$735K |
|
|
NVBU
5688
AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF
NVBU
$35.7M
| $1.97M | ﹤0.01% |
68,121
+51,216
| +303% | +$1.47M |
|
5689
CALL
Ardelyx
ARDX
$1.05B
| $1.97M | ﹤0.01% |
338,100
+38,700
| +13% | +$216K |
|
|
RFEU
5690
DELISTED
First Trust RiverFront Dynamic Europe ETF
RFEU
| $1.97M | ﹤0.01% |
26,264
+1,197
| +5% | +$87.4K |
|
5691
CALL
Piper Sandler
PIPR
$5.41B
| $1.97M | ﹤0.01% |
23,200
-18,000
| -44% | -$1.52M |
|
5692
CALL
Brunswick
BC
$5.36B
| $1.97M | ﹤0.01% |
26,500
+18,900
| +249% | +$1.28M |
|
|
TOPT
5693
iShares Top 20 U.S. Stocks ETF
TOPT
$679M
| $1.97M | ﹤0.01% |
62,932
+2,412
| +4% | +$74.8K |
|
5694
PUT
Stratasys
SSYS
$781M
| $1.97M | ﹤0.01% |
226,400
+151,100
| +201% | +$1.5M |
|
|
LENZ
5695
PUT
LENZ Therapeutics
LENZ
$149M
| $1.96M | ﹤0.01% |
122,800
+23,400
| +24% | +$682K |
|
5696
PUT
Portillo's
PTLO
$374M
| $1.96M | ﹤0.01% |
432,700
-279,600
| -39% | -$1.46M |
|
|
WCMI
5697
First Trust WCM International Equity ETF
WCMI
$1.85B
| $1.96M | ﹤0.01% |
115,443
+76,449
| +196% | +$1.28M |
|
|
LLYX
5698
PUT
Defiance Daily Target 2x Long LLY ETF
LLYX
$44.8M
| $1.96M | ﹤0.01% |
+77,000
| New | +$1.64M |
|
5699
Direxion Daily Consumer Discretionary Bull 3X ETF
WANT
$21.3M
| $1.96M | ﹤0.01% |
39,087
+21,940
| +128% | +$1.1M |
|
5700
PUT
Virtu Financial
VIRT
$5.3B
| $1.96M | ﹤0.01% |
58,900
-24,400
| -29% | -$834K |
|
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.