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 | |
|---|---|---|---|---|---|---|
6026
CALL
Tronox
TROX
$952M
| $1.67M | ﹤0.01% |
399,800
-25,000
| -6% | -$95.2K |
|
6027
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$95.3M
| $1.67M | ﹤0.01% |
79,323
-236,128
| -75% | -$4.82M |
|
6028
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $1.66M | ﹤0.01% |
26,385
-11,406
| -30% | -$730K |
|
6029
CALL
GATX Corp
GATX
$6.38B
| $1.66M | ﹤0.01% |
9,800
+5,400
| +123% | +$890K |
|
6030
First Trust Mid Cap Value AlphaDEX Fund
FNK
$233M
| $1.66M | ﹤0.01% |
29,863
+13,211
| +79% | +$723K |
|
6031
CALL
Teekay
TK
$1.09B
| $1.66M | ﹤0.01% |
184,000
-1,800
| -1% | -$16.6K |
|
6032
CALL
Voya Financial
VOYA
$9.2B
| $1.66M | ﹤0.01% |
22,300
-18,400
| -45% | -$1.34M |
|
6033
CALL
10x Genomics
TXG
$7.31B
| $1.66M | ﹤0.01% |
101,800
-29,000
| -22% | -$438K |
|
|
GOOS
6034
Canada Goose Holdings
GOOS
$854M
| $1.66M | ﹤0.01% |
128,068
-25,295
| -16% | -$337K |
|
6035
USA Compression Partners
USAC
$3.86B
| $1.66M | ﹤0.01% |
+72,085
| New | +$1.69M |
|
|
SHPU
6036
Direxion Daily SHOP Bull 2X ETF
SHPU
$16.5M
| $1.66M | ﹤0.01% |
56,765
+24,203
| +74% | +$831K |
|
6037
CALL
Tanger
SKT
$4.42B
| $1.66M | ﹤0.01% |
49,600
+11,500
| +30% | +$383K |
|
6038
AB Conservative Buffer ETF
BUFC
$1.06B
| $1.65M | ﹤0.01% |
40,034
-37,203
| -48% | -$1.52M |
|
6039
VictoryShares US 500 Volatility Wtd ETF
CFA
$556M
| $1.65M | ﹤0.01% |
18,154
+15,318
| +540% | +$1.39M |
|
6040
PUT
Advanced Drainage Systems
WMS
$11.4B
| $1.65M | ﹤0.01% |
11,400
+2,200
| +24% | +$319K |
|
6041
iShares MSCI Poland ETF
EPOL
$822M
| $1.65M | ﹤0.01% |
46,901
+26,863
| +134% | +$908K |
|
6042
PUT
Olin
OLN
$2.18B
| $1.65M | ﹤0.01% |
79,200
+43,500
| +122% | +$938K |
|
6043
PUT
Freshworks
FRSH
$3.5B
| $1.65M | ﹤0.01% |
134,600
+107,000
| +388% | +$1.26M |
|
6044
PUT
Brookfield Renewable
BEP
$10.4B
| $1.65M | ﹤0.01% |
61,000
-35,700
| -37% | -$1.02M |
|
6045
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.82B
| $1.64M | ﹤0.01% |
19,527
+16,446
| +534% | +$1.38M |
|
6046
CALL
Glacier Bancorp
GBCI
$6.5B
| $1.64M | ﹤0.01% |
37,300
+21,600
| +138% | +$947K |
|
6047
CALL
Portillo's
PTLO
$374M
| $1.64M | ﹤0.01% |
361,600
+33,700
| +10% | +$176K |
|
|
SNV
6048
PUT
DELISTED
Synovus
SNV
| $1.64M | ﹤0.01% |
32,800
-64,700
| -66% | -$3.11M |
|
6049
CALL
Saic
SAIC
$5.36B
| $1.64M | ﹤0.01% |
16,300
+7,200
| +79% | +$688K |
|
|
HYAC
6050
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $1.64M | ﹤0.01% |
144,159
-12,230
| -8% | -$139K |
|
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.