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 | |
|---|---|---|---|---|---|---|
6276
CALL
Medifast
MED
$128M
| $1.49M | ﹤0.01% |
139,300
-474,100
| -77% | -$5.67M |
|
6277
PagSeguro Digital
PAGS
$2.4B
| $1.49M | ﹤0.01% |
+154,260
| New | +$1.48M |
|
6278
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.07B
| $1.49M | ﹤0.01% |
58,386
+34,551
| +145% | +$880K |
|
6279
GraniteShares ETF Trust GraniteShares 2x Long BABA Daily ETF
BABX
$102M
| $1.49M | ﹤0.01% |
41,230
+313
| +0.8% | +$14.4K |
|
6280
Teck Resources
TECK
$31.2B
| $1.49M | ﹤0.01% |
31,027
+18,282
| +143% | +$792K |
|
6281
PUT
MaxLinear
MXL
$7.69B
| $1.49M | ﹤0.01% |
85,200
-18,100
| -18% | -$295K |
|
6282
State Street SPDR S&P Global Infrastructure ETF
GII
$931M
| $1.48M | ﹤0.01% |
+21,284
| New | +$1.5M |
|
|
PLTY
6283
CALL
YieldMax PLTR Option Income Strategy ETF
PLTY
$391M
| $1.48M | ﹤0.01% |
28,800
-2,300
| -7% | -$134K |
|
6284
Ingevity
NGVT
$2.64B
| $1.48M | ﹤0.01% |
25,074
+20,124
| +407% | +$1.09M |
|
6285
CALL
Theravance Biopharma
TBPH
$881M
| $1.48M | ﹤0.01% |
79,300
+65,000
| +455% | +$1.08M |
|
6286
ProShares Short High Yield
SJB
$47.6M
| $1.48M | ﹤0.01% |
+97,125
| New | +$1.5M |
|
6287
PUT
Descartes Systems
DSGX
$6.62B
| $1.48M | ﹤0.01% |
16,900
+13,500
| +397% | +$1.21M |
|
6288
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$525M
| $1.48M | ﹤0.01% |
27,607
+14,752
| +115% | +$796K |
|
6289
PUT
Defiance Quantum ETF
QTUM
$5.84B
| $1.48M | ﹤0.01% |
13,500
-11,000
| -45% | -$1.21M |
|
6290
Absci
ABSI
$1.58B
| $1.48M | ﹤0.01% |
423,911
-53,570
| -11% | -$195K |
|
6291
PUT
nVent Electric
NVT
$27.7B
| $1.48M | ﹤0.01% |
14,500
-103,300
| -88% | -$10.7M |
|
|
6292
MaxLinear
MXL
$7.69B
| $1.48M | ﹤0.01% |
84,677
-46,858
| -36% | -$763K |
|
|
PTRN
6293
Pattern Group Inc
PTRN
$3.8B
| $1.48M | ﹤0.01% |
127,874
+117,860
| +1,177% | +$1.72M |
|
6294
PUT
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
ASHS
$34.9M
| $1.48M | ﹤0.01% |
+38,100
| New | +$1.41M |
|
6295
PUT
Universal Technical Institute
UTI
$1.39B
| $1.47M | ﹤0.01% |
56,400
+38,800
| +220% | +$1.1M |
|
6296
CALL
WisdomTree Bitcoin Fund
BTCW
$136M
| $1.47M | ﹤0.01% |
+15,900
| New | +$1.69M |
|
6297
Fidelity Momentum Factor ETF
FDMO
$940M
| $1.47M | ﹤0.01% |
+17,538
| New | +$1.46M |
|
6298
Spear Alpha ETF
SPRX
$242M
| $1.47M | ﹤0.01% |
38,220
-1,726
| -4% | -$68.7K |
|
6299
CALL
Lightspeed Commerce
LSPD
$1.38B
| $1.47M | ﹤0.01% |
121,800
+38,400
| +46% | +$455K |
|
6300
Genius Sports
GENI
$2.33B
| $1.47M | ﹤0.01% |
133,469
+30,484
| +30% | +$332K |
|
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.