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 | |
|---|---|---|---|---|---|---|
|
BBBY
5701
Bed Bath & Beyond
BBBY
$415M
| $1.96M | ﹤0.01% |
+359,416
| New | +$2.61M |
|
5702
Invesco S&P 500 Momentum ETF
SPMO
$22.3B
| $1.96M | ﹤0.01% |
16,424
+14,473
| +742% | +$1.73M |
|
5703
iShares Core S&P US Value ETF
IUSV
$28B
| $1.96M | ﹤0.01% |
+19,094
| New | +$1.94M |
|
5704
Dimensional US Large Cap Vector ETF
DFVX
$543M
| $1.96M | ﹤0.01% |
26,329
-12,369
| -32% | -$907K |
|
5705
Copa Holdings
CPA
$6.14B
| $1.96M | ﹤0.01% |
+16,230
| New | +$1.99M |
|
5706
CALL
RPM International
RPM
$14.5B
| $1.96M | ﹤0.01% |
18,800
+8,100
| +76% | +$877K |
|
5707
CALL
Altimmune
ALT
$572M
| $1.95M | ﹤0.01% |
541,300
-284,700
| -34% | -$1.24M |
|
|
SII
5708
Sprott
SII
$3B
| $1.95M | ﹤0.01% |
+19,950
| New | +$1.77M |
|
5709
PUT
TC Energy
TRP
$66.7B
| $1.95M | ﹤0.01% |
35,500
-211,300
| -86% | -$11.3M |
|
|
XMAG
5710
Defiance Large Cap ex-Mag 7 ETF
XMAG
$177M
| $1.95M | ﹤0.01% |
+86,455
| New | +$1.93M |
|
5711
PUT
Plains GP Holdings
PAGP
$5.11B
| $1.95M | ﹤0.01% |
101,900
-5,300
| -5% | -$95.6K |
|
|
NTSK
5712
Netskope Inc
NTSK
$6.39B
| $1.95M | ﹤0.01% |
111,172
-47,456
| -30% | -$990K |
|
5713
First Trust United Kingdom AlphaDEX Fund
FKU
$39.7M
| $1.95M | ﹤0.01% |
38,302
+28,876
| +306% | +$1.4M |
|
5714
iShares MSCI USA Value Factor ETF
VLUE
$9.78B
| $1.95M | ﹤0.01% |
14,261
-13,140
| -48% | -$1.72M |
|
|
DEFT
5715
Defi Technologies
DEFT
$190M
| $1.95M | ﹤0.01% |
2,583,551
+1,338,721
| +108% | +$2.05M |
|
5716
XP
XP
$8.17B
| $1.95M | ﹤0.01% |
119,078
-280,555
| -70% | -$4.94M |
|
5717
PUT
J&J Snack Foods
JJSF
$1.67B
| $1.94M | ﹤0.01% |
21,500
-19,400
| -47% | -$1.76M |
|
5718
First Trust Smith Unconstrained Bond ETF
UCON
$3.28B
| $1.94M | ﹤0.01% |
77,163
+68,130
| +754% | +$1.72M |
|
|
ETHW
5719
CALL
Bitwise Ethereum ETF
ETHW
$197M
| $1.94M | ﹤0.01% |
91,300
+6,100
| +7% | +$151K |
|
5720
Radian Group
RDN
$4.98B
| $1.94M | ﹤0.01% |
53,953
+11,684
| +28% | +$408K |
|
5721
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $1.94M | ﹤0.01% |
+27,963
| New | +$1.92M |
|
5722
CALL
Edgewise Therapeutics
EWTX
$4.8B
| $1.94M | ﹤0.01% |
78,200
+1,700
| +2% | +$34.1K |
|
5723
PUT
Evolv Technologies
EVLV
$1.05B
| $1.94M | ﹤0.01% |
271,000
-118,300
| -30% | -$841K |
|
5724
PUT
Turning Point Brands
TPB
$1.75B
| $1.94M | ﹤0.01% |
17,900
-13,900
| -44% | -$1.36M |
|
|
GRNY
5725
CALL
FundStrat Granny Shots US Large Cap ETF
GRNY
$4.46B
| $1.94M | ﹤0.01% |
78,300
-109,900
| -58% | -$2.76M |
|
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.