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 | |
|---|---|---|---|---|---|---|
7051
Sagimet Biosciences
SGMT
$656M
| $1.06M | ﹤0.01% |
179,024
+146,463
| +450% | +$1.05M |
|
7052
iShares iBonds Dec 2026 Term Treasury ETF
IBTG
$2.22B
| $1.06M | ﹤0.01% |
+46,269
| New | +$1.06M |
|
7053
CALL
O-I Glass
OI
$1.04B
| $1.06M | ﹤0.01% |
71,700
-26,100
| -27% | -$345K |
|
7054
PUT
Shoals Technologies Group
SHLS
$1.42B
| $1.06M | ﹤0.01% |
124,400
-84,000
| -40% | -$755K |
|
7055
CALL
Vanguard Consumer Staples ETF
VDC
$8.04B
| $1.06M | ﹤0.01% |
5,000
-5,400
| -52% | -$1.15M |
|
7056
CALL
Xerox
XRX
$407M
| $1.06M | ﹤0.01% |
445,400
+27,800
| +7% | +$82.3K |
|
7057
CALL
Ascent Industries
ACNT
$136M
| $1.06M | ﹤0.01% |
65,200
+45,200
| +226% | +$621K |
|
7058
CALL
Eton Pharmaceutcials
ETON
$1.68B
| $1.06M | ﹤0.01% |
62,400
-30,300
| -33% | -$533K |
|
|
JAMF
7059
CALL
DELISTED
Jamf
JAMF
| $1.06M | ﹤0.01% |
81,100
-1,700
| -2% | -$20.6K |
|
7060
State Street Nuveen Municipal Bond ETF
MBND
$26.9M
| $1.05M | ﹤0.01% |
38,555
-45,562
| -54% | -$1.25M |
|
7061
Pacer Industrial Real Estate ETF
INDS
$116M
| $1.05M | ﹤0.01% |
+28,714
| New | +$1.09M |
|
7062
PUT
Ferrovial N.V. Ordinary Shares
FER
$46.2B
| $1.05M | ﹤0.01% |
+16,457
| New | +$1.04M |
|
7063
CALL
TriNet
TNET
$3.16B
| $1.05M | ﹤0.01% |
17,800
-4,400
| -20% | -$261K |
|
7064
Itaú Unibanco
ITUB
$81.6B
| $1.05M | ﹤0.01% |
146,917
-2,522,230
| -94% | -$17.9M |
|
7065
PUT
Packaging Corp of America
PKG
$22.8B
| $1.05M | ﹤0.01% |
5,100
-4,700
| -48% | -$956K |
|
7066
First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
$948M
| $1.05M | ﹤0.01% |
+50,517
| New | +$1.05M |
|
|
DFSV
7067
Dimensional US Small Cap Value ETF
DFSV
$8.48B
| $1.05M | ﹤0.01% |
+31,957
| New | +$1.03M |
|
7068
PUT
Armstrong World Industries
AWI
$7.7B
| $1.05M | ﹤0.01% |
5,500
-18,200
| -77% | -$3.47M |
|
|
STLN
7069
Starling Oncology
STLN
$657M
| $1.05M | ﹤0.01% |
+295,150
| New | +$1.09M |
|
7070
Valvoline
VVV
$4.36B
| $1.05M | ﹤0.01% |
36,156
+14,176
| +64% | +$455K |
|
7071
Core Scientific Inc Tranche 1 Warrants
CORZW
$1.33B
| $1.05M | ﹤0.01% |
124,166
-16,147
| -12% | -$179K |
|
|
IMOS
7072
PUT
ChipMOS TECHNOLOGIES
IMOS
$2.03B
| $1.05M | ﹤0.01% |
+35,400
| New | +$882K |
|
7073
Annovis Bio
ANVS
$78.7M
| $1.05M | ﹤0.01% |
303,287
+84,866
| +39% | +$255K |
|
7074
PUT
WillScot Mobile Mini Holdings
WSC
$4.31B
| $1.05M | ﹤0.01% |
55,700
-16,600
| -23% | -$335K |
|
7075
MediaAlpha
MAX
$807M
| $1.05M | ﹤0.01% |
80,990
+16,810
| +26% | +$205K |
|
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.