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 | |
|---|---|---|---|---|---|---|
7001
PUT
Novanta
NOVT
$6.3B
| $1.08M | ﹤0.01% |
9,100
-1,700
| -16% | -$194K |
|
7002
Coty
COTY
$2.51B
| $1.08M | ﹤0.01% |
351,326
-201,129
| -36% | -$731K |
|
7003
Provident Financial Services
PFS
$3.21B
| $1.08M | ﹤0.01% |
54,786
-13,822
| -20% | -$267K |
|
7004
PUT
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$399M
| $1.08M | ﹤0.01% |
13,200
+9,700
| +277% | +$767K |
|
|
RPT
7005
PUT
Rithm Property Trust
RPT
$104M
| $1.08M | ﹤0.01% |
65,200
+4,667
| +8% | +$71.7K |
|
7006
Liberty Global Class C
LBTYK
$3.49B
| $1.08M | ﹤0.01% |
97,916
-80,108
| -45% | -$891K |
|
7007
PUT
Banco Santander
SAN
$210B
| $1.08M | ﹤0.01% |
92,100
-52,700
| -36% | -$559K |
|
7008
Marqeta
MQ
$1.7B
| $1.08M | ﹤0.01% |
56,856
+11,986
| +27% | +$230K |
|
7009
iShares Micro-Cap ETF
IWC
$1.52B
| $1.08M | ﹤0.01% |
6,846
-52,684
| -88% | -$8.2M |
|
7010
PUT
Rigel Pharmaceuticals
RIGL
$795M
| $1.08M | ﹤0.01% |
25,200
-4,800
| -16% | -$181K |
|
7011
Direxion Daily Industrials Bull 3X ETF
DUSL
$62.7M
| $1.08M | ﹤0.01% |
15,983
+13,075
| +450% | +$942K |
|
7012
Scotiabank
BNS
$112B
| $1.08M | ﹤0.01% |
14,641
+6,186
| +73% | +$421K |
|
7013
iShares US Tech Independence Focused ETF
IETC
$729M
| $1.08M | ﹤0.01% |
10,618
-6,333
| -37% | -$650K |
|
7014
CALL
ARK Web x.0 ETF
ARKW
$1.8B
| $1.08M | ﹤0.01% |
7,300
-17,400
| -70% | -$2.82M |
|
|
SLTY
7015
YieldMax Ultra Short Option Income Strategy ETF
SLTY
$17.2M
| $1.08M | ﹤0.01% |
31,752
+16,873
| +113% | +$631K |
|
7016
CALL
Global X SuperDividend ETF
SDIV
$1.22B
| $1.08M | ﹤0.01% |
44,800
-4,200
| -9% | -$100K |
|
7017
CALL
Black Stone Minerals
BSM
$3.05B
| $1.08M | ﹤0.01% |
81,000
+24,400
| +43% | +$330K |
|
7018
PUT
Milestone Pharmaceuticals
MIST
$137M
| $1.08M | ﹤0.01% |
532,900
+325,900
| +157% | +$702K |
|
7019
DNOW Inc
DNOW
$2.97B
| $1.08M | ﹤0.01% |
81,137
-80,895
| -50% | -$1.14M |
|
7020
CALL
Adient
ADNT
$1.57B
| $1.07M | ﹤0.01% |
56,000
+8,600
| +18% | +$181K |
|
7021
Nuveen Short-Term REIT ETF
NURE
$35.3M
| $1.07M | ﹤0.01% |
38,121
+16,165
| +74% | +$454K |
|
7022
Mizuho Financial
MFG
$132B
| $1.07M | ﹤0.01% |
146,532
+66,561
| +83% | +$455K |
|
|
BZUN
7023
PUT
Baozun
BZUN
$165M
| $1.07M | ﹤0.01% |
403,200
+200
| +0% | +$628 |
|
7024
Pampa Energía
PAM
$4.23B
| $1.07M | ﹤0.01% |
12,106
-4,710
| -28% | -$380K |
|
|
QB
7025
ProShares Nasdaq-100 Dynamic Buffer ETF
QB
$2.94M
| $1.07M | ﹤0.01% |
+25,321
| New | +$1.07M |
|
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.