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 | |
|---|---|---|---|---|---|---|
5826
CALL
IDEAYA Biosciences
IDYA
$3.49B
| $1.84M | ﹤0.01% |
53,200
+21,400
| +67% | +$682K |
|
5827
Vermilion Energy
VET
$1.73B
| $1.84M | ﹤0.01% |
220,483
-196,214
| -47% | -$1.62M |
|
5828
SiTime
SITM
$21.4B
| $1.84M | ﹤0.01% |
+5,199
| New | +$1.63M |
|
5829
Suncor Energy
SU
$77B
| $1.83M | ﹤0.01% |
41,363
-43,185
| -51% | -$1.83M |
|
5830
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$19.1B
| $1.83M | ﹤0.01% |
31,659
+21,746
| +219% | +$1.25M |
|
5831
Workiva
WK
$3.84B
| $1.83M | ﹤0.01% |
21,255
+6,737
| +46% | +$596K |
|
5832
CALL
Emergent Biosolutions
EBS
$235M
| $1.83M | ﹤0.01% |
148,300
-6,500
| -4% | -$69.6K |
|
5833
CALL
WillScot Mobile Mini Holdings
WSC
$4.31B
| $1.83M | ﹤0.01% |
97,300
-55,500
| -36% | -$1.12M |
|
5834
CALL
United Bankshares
UBSI
$6.71B
| $1.83M | ﹤0.01% |
47,700
-24,800
| -34% | -$924K |
|
5835
CALL
American Financial Group
AFG
$12.1B
| $1.83M | ﹤0.01% |
13,400
-46,300
| -78% | -$6.35M |
|
5836
PUT
Veritone
VERI
$116M
| $1.83M | ﹤0.01% |
393,800
+130,600
| +50% | +$702K |
|
5837
Voya Financial
VOYA
$9.2B
| $1.83M | ﹤0.01% |
24,540
-4,240
| -15% | -$309K |
|
5838
Energizer
ENR
$1.56B
| $1.83M | ﹤0.01% |
91,811
+64,214
| +233% | +$1.4M |
|
5839
Vertical Aerospace
EVTL
$142M
| $1.83M | ﹤0.01% |
342,577
-78,950
| -19% | -$400K |
|
5840
PUT
Simpson Manufacturing
SSD
$7.94B
| $1.82M | ﹤0.01% |
11,300
+6,200
| +122% | +$1.05M |
|
5841
NCR Atleos
NATL
$3.47B
| $1.82M | ﹤0.01% |
47,867
+1,818
| +4% | +$68.2K |
|
5842
Jackson Financial
JXN
$9.17B
| $1.82M | ﹤0.01% |
17,070
-10,577
| -38% | -$1.05M |
|
|
PBT
5843
Permian Basin Royalty Trust
PBT
$1.52B
| $1.82M | ﹤0.01% |
107,165
-10,949
| -9% | -$196K |
|
|
CBL
5844
CBL Properties
CBL
$1.8B
| $1.82M | ﹤0.01% |
49,152
+13,755
| +39% | +$449K |
|
5845
CALL
AirSculpt Technologies
AIRS
$247M
| $1.82M | ﹤0.01% |
918,100
-74,200
| -7% | -$450K |
|
5846
CALL
ClearPoint Neuro
CLPT
$468M
| $1.82M | ﹤0.01% |
132,700
-55,700
| -30% | -$1.03M |
|
5847
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.61B
| $1.81M | ﹤0.01% |
59,954
-58,489
| -49% | -$1.73M |
|
5848
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$110M
| $1.81M | ﹤0.01% |
49,897
+21,701
| +77% | +$784K |
|
5849
Innovator US Equity Power Buffer ETF December
PDEC
$999M
| $1.81M | ﹤0.01% |
41,811
-362,753
| -90% | -$15.5M |
|
|
DAY
5850
PUT
DELISTED
Dayforce
DAY
| $1.81M | ﹤0.01% |
26,200
-68,300
| -72% | -$4.7M |
|
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.