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 | |
|---|---|---|---|---|---|---|
7101
New Mountain Finance
NMFC
$730M
| $1.04M | ﹤0.01% |
112,811
+97,666
| +645% | +$921K |
|
7102
CALL
Webster Financial
WBS
$12.8B
| $1.04M | ﹤0.01% |
16,500
-95,200
| -85% | -$5.65M |
|
7103
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$210M
| $1.04M | ﹤0.01% |
+20,980
| New | +$1.04M |
|
7104
YieldMax COIN Option Income Strategy ETF
CONY
$326M
| $1.04M | ﹤0.01% |
26,374
-3,018
| -10% | -$166K |
|
|
JAMF
7105
DELISTED
Jamf
JAMF
| $1.04M | ﹤0.01% |
79,765
-179,951
| -69% | -$2.18M |
|
7106
CALL
Palomar
PLMR
$3.37B
| $1.04M | ﹤0.01% |
7,700
-9,500
| -55% | -$1.16M |
|
7107
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $1.04M | ﹤0.01% |
23,471
+142
| +0.6% | +$6.29K |
|
7108
JPMorgan Global Select Equity ETF
JGLO
$6.84B
| $1.04M | ﹤0.01% |
15,326
-305,846
| -95% | -$20.7M |
|
7109
CapForce IBD Breakout Opportunities ETF
BOUT
$15.6M
| $1.04M | ﹤0.01% |
28,562
+2,386
| +9% | +$89.5K |
|
7110
First Financial Bancorp
FFBC
$3.61B
| $1.04M | ﹤0.01% |
41,421
-33,883
| -45% | -$846K |
|
|
ZMAY
7111
Innovator Equity Defined Protection ETF - 1 Yr May
ZMAY
$89.3M
| $1.04M | ﹤0.01% |
40,738
+20,721
| +104% | +$523K |
|
|
ELVR
7112
PUT
Elevra Lithium Ltd
ELVR
$1.26B
| $1.04M | ﹤0.01% |
19,700
-19,500
| -50% | -$669K |
|
7113
PUT
Artisan Partners
APAM
$2.99B
| $1.03M | ﹤0.01% |
25,400
+13,100
| +107% | +$559K |
|
7114
Eldorado Gold
EGO
$10.4B
| $1.03M | ﹤0.01% |
28,806
-129,901
| -82% | -$3.89M |
|
7115
CALL
Landstar System
LSTR
$6.45B
| $1.03M | ﹤0.01% |
7,200
-17,900
| -71% | -$2.38M |
|
7116
iShares MSCI Belgium ETF
EWK
$162M
| $1.03M | ﹤0.01% |
42,553
-8,051
| -16% | -$193K |
|
7117
Ingles Markets
IMKTA
$1.65B
| $1.03M | ﹤0.01% |
15,081
+3,962
| +36% | +$288K |
|
7118
GoodRx Holdings
GDRX
$1.27B
| $1.03M | ﹤0.01% |
381,328
+117,207
| +44% | +$385K |
|
7119
Wheaton Precious Metals
WPM
$61B
| $1.03M | ﹤0.01% |
8,792
-62,452
| -88% | -$6.69M |
|
7120
PUT
ROBO Global Robotics & Automation Index ETF
ROBO
$2.12B
| $1.03M | ﹤0.01% |
14,900
+9,800
| +192% | +$670K |
|
7121
PUT
ProShares UltraShort Silver
ZSL
$58M
| $1.03M | ﹤0.01% |
+19,320
| New | +$2.12M |
|
7122
PUT
NewMarket
NEU
$8.85B
| $1.03M | ﹤0.01% |
1,500
-4,700
| -76% | -$3.59M |
|
7123
LGI Homes
LGIH
$1.39B
| $1.03M | ﹤0.01% |
23,994
+7,688
| +47% | +$361K |
|
7124
NGL Energy Partners
NGL
$2.24B
| $1.03M | ﹤0.01% |
103,003
+59,808
| +138% | +$501K |
|
7125
PUT
Vermilion Energy
VET
$1.73B
| $1.03M | ﹤0.01% |
123,500
-134,000
| -52% | -$1.11M |
|
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.