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 | |
|---|---|---|---|---|---|---|
6101
PUT
Avery Dennison
AVY
$13.6B
| $1.6M | ﹤0.01% |
8,800
-6,400
| -42% | -$1.11M |
|
6102
CALL
iShares Latin America 40 ETF
ILF
$3.71B
| $1.6M | ﹤0.01% |
+52,500
| New | +$1.56M |
|
6103
MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
$757M
| $1.6M | ﹤0.01% |
13,714
-4,263
| -24% | -$537K |
|
|
AUMI
6104
Themes Gold Miners ETF
AUMI
$24.5M
| $1.6M | ﹤0.01% |
+17,380
| New | +$1.47M |
|
6105
Stoneridge
SRI
$205M
| $1.6M | ﹤0.01% |
275,993
+79,335
| +40% | +$499K |
|
6106
CALL
Philips
PHG
$26.7B
| $1.6M | ﹤0.01% |
61,191
+1,867
| +3% | +$49.8K |
|
6107
JPMorgan Equity Focus ETF
JPEF
$2.07B
| $1.6M | ﹤0.01% |
21,365
+13,112
| +159% | +$980K |
|
6108
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $1.59M | ﹤0.01% |
16,717
-30,684
| -65% | -$2.82M |
|
6109
PUT
Domo
DOMO
$184M
| $1.59M | ﹤0.01% |
189,100
+15,300
| +9% | +$180K |
|
6110
Columbia India Consumer ETF
INCO
$237M
| $1.59M | ﹤0.01% |
24,581
+19,653
| +399% | +$1.28M |
|
6111
PUT
BorgWarner
BWA
$14B
| $1.59M | ﹤0.01% |
35,300
-43,300
| -55% | -$1.9M |
|
6112
PUT
Trimble
TRMB
$13.4B
| $1.59M | ﹤0.01% |
20,300
-300
| -1% | -$23.9K |
|
6113
CALL
Weibo
WB
$1.88B
| $1.59M | ﹤0.01% |
155,600
-91,800
| -37% | -$985K |
|
6114
Willdan Group
WLDN
$1.32B
| $1.59M | ﹤0.01% |
15,339
+3,030
| +25% | +$298K |
|
6115
First Trust Growth Strength ETF
FTGS
$1.36B
| $1.59M | ﹤0.01% |
44,953
+28,870
| +180% | +$1.03M |
|
6116
CALL
Fulcrum Therapeutics
FULC
$285M
| $1.59M | ﹤0.01% |
140,500
+74,000
| +111% | +$753K |
|
6117
Tecnoglass Holdings
TGLS
$1.86B
| $1.59M | ﹤0.01% |
31,568
-10,021
| -24% | -$547K |
|
6118
PUT
Royalty Pharma
RPRX
$26.1B
| $1.59M | ﹤0.01% |
41,100
-36,700
| -47% | -$1.4M |
|
6119
CALL
Sunoco
SUN
$14.2B
| $1.59M | ﹤0.01% |
30,300
-18,800
| -38% | -$993K |
|
6120
CALL
Customers Bancorp
CUBI
$2.82B
| $1.59M | ﹤0.01% |
21,700
+9,200
| +74% | +$631K |
|
6121
Axcelis
ACLS
$4.33B
| $1.59M | ﹤0.01% |
19,738
+12,954
| +191% | +$1.08M |
|
6122
Jones Lang LaSalle
JLL
$17.3B
| $1.58M | ﹤0.01% |
4,710
-10,582
| -69% | -$3.32M |
|
6123
CALL
The Greenbrier Companies
GBX
$1.41B
| $1.58M | ﹤0.01% |
33,900
+9,000
| +36% | +$404K |
|
6124
AllianzIM US Equity 6 Month Floor5 Jan/Jul ETF
FLJJ
$8.62M
| $1.58M | ﹤0.01% |
49,474
+1,778
| +4% | +$56.1K |
|
6125
Pacer US Large Cap Cash Cows Growth Leaders ETF
COWG
$2.34B
| $1.58M | ﹤0.01% |
44,998
+16,850
| +60% | +$599K |
|
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.