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 | |
|---|---|---|---|---|---|---|
6126
CALL
DXP Enterprises
DXPE
$3.12B
| $1.58M | ﹤0.01% |
14,400
-18,400
| -56% | -$2M |
|
|
FETH
6127
PUT
Fidelity Ethereum Fund
FETH
$1.01B
| $1.58M | ﹤0.01% |
53,300
-76,000
| -59% | -$2.62M |
|
6128
Avantis Responsible US Equity ETF
AVSU
$491M
| $1.58M | ﹤0.01% |
20,680
+1,420
| +7% | +$106K |
|
6129
FerroAtlántica
GSM
$820M
| $1.58M | ﹤0.01% |
339,990
+325,935
| +2,319% | +$1.5M |
|
6130
Korro Bio
KRRO
$196M
| $1.58M | ﹤0.01% |
+196,827
| New | +$4.6M |
|
6131
PUT
Arqit Quantum
ARQQ
$424M
| $1.58M | ﹤0.01% |
72,000
-28,600
| -28% | -$989K |
|
6132
Vaxcyte
PCVX
$8.64B
| $1.57M | ﹤0.01% |
34,116
-84,618
| -71% | -$3.78M |
|
|
TOPT
6133
CALL
iShares Top 20 U.S. Stocks ETF
TOPT
$679M
| $1.57M | ﹤0.01% |
50,400
-17,700
| -26% | -$549K |
|
|
MBX
6134
CALL
MBX Biosciences
MBX
$3.3B
| $1.57M | ﹤0.01% |
49,900
-153,300
| -75% | -$3.72M |
|
6135
PUT
Champion Homes
SKY
$5.13B
| $1.57M | ﹤0.01% |
18,600
-5,500
| -23% | -$433K |
|
|
ARIS
6136
Aris Mining
ARIS
$3.69B
| $1.57M | ﹤0.01% |
96,803
-118,479
| -55% | -$1.46M |
|
6137
TCW Transform Supply Chain ETF
SUPP
$12.6M
| $1.57M | ﹤0.01% |
22,480
-7,312
| -25% | -$518K |
|
6138
PUT
Telus
TU
$15.4B
| $1.57M | ﹤0.01% |
119,200
+80,900
| +211% | +$1.14M |
|
6139
CALL
California Water Service
CWT
$3.12B
| $1.57M | ﹤0.01% |
36,200
+800
| +2% | +$36.5K |
|
6140
CALL
Enanta Pharmaceuticals
ENTA
$383M
| $1.57M | ﹤0.01% |
99,400
+71,200
| +252% | +$904K |
|
6141
Barron's 400 ETF
BFOR
$239M
| $1.57M | ﹤0.01% |
76,132
+49,376
| +185% | +$1M |
|
6142
Lincoln Electric
LECO
$15.6B
| $1.57M | ﹤0.01% |
6,540
+3,772
| +136% | +$893K |
|
6143
PUT
Webster Financial
WBS
$12.8B
| $1.57M | ﹤0.01% |
+24,900
| New | +$1.48M |
|
|
GRAL
6144
GRAIL Inc
GRAL
$3.03B
| $1.57M | ﹤0.01% |
18,308
+11,253
| +160% | +$972K |
|
6145
CALL
Simply Good Foods
SMPL
$1B
| $1.57M | ﹤0.01% |
78,000
+62,700
| +410% | +$1.3M |
|
6146
iShares MSCI Australia ETF
EWA
$1.45B
| $1.57M | ﹤0.01% |
59,772
-224,992
| -79% | -$5.95M |
|
6147
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.96B
| $1.57M | ﹤0.01% |
14,001
+8,351
| +148% | +$926K |
|
6148
Anavex Life Sciences
AVXL
$298M
| $1.56M | ﹤0.01% |
439,499
-164,319
| -27% | -$1.01M |
|
|
SNBR
6149
DELISTED
Sleep Number
SNBR
| $1.56M | ﹤0.01% |
184,693
+172,969
| +1,475% | +$1.09M |
|
6150
PUT
BioCryst Pharmaceuticals
BCRX
$2.49B
| $1.56M | ﹤0.01% |
200,300
+131,600
| +192% | +$951K |
|
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.