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 | |
|---|---|---|---|---|---|---|
6076
iShares Global Utilities ETF
JXI
$308M
| $1.62M | ﹤0.01% |
20,583
-32,140
| -61% | -$2.57M |
|
|
MDLN
6077
Medline Inc
MDLN
$31.4B
| $1.62M | ﹤0.01% |
+38,532
| New | +$1.63M |
|
6078
Webster Financial
WBS
$12.8B
| $1.62M | ﹤0.01% |
25,698
-46,333
| -64% | -$2.75M |
|
6079
Alerian Energy Infrastructure ETF
ENFR
$528M
| $1.62M | ﹤0.01% |
+51,414
| New | +$1.6M |
|
|
HOUS
6080
CALL
DELISTED
Anywhere Real Estate
HOUS
| $1.62M | ﹤0.01% |
114,200
-330,700
| -74% | -$4.05M |
|
6081
Petrobras Class A
PBR.A
$104B
| $1.62M | ﹤0.01% |
143,443
+124,469
| +656% | +$1.44M |
|
6082
Franklin US Equity Index ETF
USPX
$2.09B
| $1.61M | ﹤0.01% |
+27,000
| New | +$1.6M |
|
6083
CALL
Everspin Technologies
MRAM
$460M
| $1.61M | ﹤0.01% |
173,900
+134,400
| +340% | +$1.28M |
|
|
JBS
6084
JBS N.V.
JBS
$44.9B
| $1.61M | ﹤0.01% |
111,913
+85,565
| +325% | +$1.18M |
|
6085
Portillo's
PTLO
$374M
| $1.61M | ﹤0.01% |
355,057
-463,710
| -57% | -$2.42M |
|
6086
Dropbox
DBX
$7.48B
| $1.61M | ﹤0.01% |
57,961
-90,942
| -61% | -$2.65M |
|
6087
CALL
Verra Mobility
VRRM
$717M
| $1.61M | ﹤0.01% |
71,900
+29,700
| +70% | +$678K |
|
6088
PUT
Neogen
NEOG
$2.54B
| $1.61M | ﹤0.01% |
230,500
+42,900
| +23% | +$270K |
|
6089
PUT
Zai Lab
ZLAB
$2.91B
| $1.61M | ﹤0.01% |
91,300
+56,200
| +160% | +$1.32M |
|
6090
CALL
SandRidge Energy
SD
$520M
| $1.61M | ﹤0.01% |
111,600
+32,000
| +40% | +$423K |
|
6091
Direxion Daily Magnificent 7 Bull 2X ETF
QQQU
$76.8M
| $1.61M | ﹤0.01% |
28,585
+11,972
| +72% | +$710K |
|
6092
PUT
Surgery Partners
SGRY
$1.97B
| $1.61M | ﹤0.01% |
104,200
-306,400
| -75% | -$5.63M |
|
6093
AllianzIM U.S. Equity Buffer10 Jun ETF
JUNT
$118M
| $1.61M | ﹤0.01% |
44,221
+4,238
| +11% | +$152K |
|
6094
CALL
Nordic American Tanker
NAT
$1.42B
| $1.61M | ﹤0.01% |
467,100
-130,100
| -22% | -$460K |
|
6095
Roundhill Bitcoin Covered Call Strategy ETF
YBTC
$125M
| $1.61M | ﹤0.01% |
+56,475
| New | +$2M |
|
|
HELP
6096
CALL
Cybin Inc
HELP
$743M
| $1.6M | ﹤0.01% |
196,100
+83,000
| +73% | +$534K |
|
|
CIM
6097
PUT
Chimera Investment
CIM
$988M
| $1.6M | ﹤0.01% |
128,900
-383,100
| -75% | -$4.87M |
|
6098
First Hawaiian
FHB
$3.37B
| $1.6M | ﹤0.01% |
63,305
-35,191
| -36% | -$875K |
|
6099
CALL
Brookfield Infrastructure Partners
BIP
$18.3B
| $1.6M | ﹤0.01% |
46,100
+29,600
| +179% | +$1.03M |
|
|
SOLT
6100
PUT
2x Solana ETF
SOLT
$111M
| $1.6M | ﹤0.01% |
12,545
-8,280
| -40% | -$2.14M |
|
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.