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 | |
|---|---|---|---|---|---|---|
|
MCGA
7201
Yorkville Acquisition Corp
MCGA
$243M
| $997K | ﹤0.01% |
+98,436
| New | +$1.01M |
|
7202
ProShares Russell 2000 Dividend Growers ETF
SMDV
$710M
| $997K | ﹤0.01% |
+15,087
| New | +$1M |
|
7203
Innovator US Equity Power Buffer ETF February
PFEB
$926M
| $997K | ﹤0.01% |
+24,474
| New | +$981K |
|
7204
Veracyte
VCYT
$3.32B
| $996K | ﹤0.01% |
23,668
-2,337
| -9% | -$94.2K |
|
7205
iShares Agency Bond ETF
AGZ
$565M
| $995K | ﹤0.01% |
9,025
-902
| -9% | -$99.6K |
|
7206
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $995K | ﹤0.01% |
4,320
+2,314
| +115% | +$539K |
|
7207
Fulcrum Therapeutics
FULC
$285M
| $994K | ﹤0.01% |
87,930
+34,359
| +64% | +$350K |
|
7208
Assured Guaranty
AGO
$3.38B
| $994K | ﹤0.01% |
11,055
+345
| +3% | +$29.8K |
|
7209
CALL
Upexi
UPXI
$54.9M
| $993K | ﹤0.01% |
591,300
-1,451,100
| -71% | -$5.48M |
|
7210
PUT
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $993K | ﹤0.01% |
5,000
-5,600
| -53% | -$1.1M |
|
7211
Global X FinTech ETF
FINX
$170M
| $992K | ﹤0.01% |
33,701
-26,853
| -44% | -$852K |
|
7212
RLI Corp
RLI
$5.85B
| $992K | ﹤0.01% |
15,501
+2,039
| +15% | +$128K |
|
|
GTM
7213
PUT
ZoomInfo Technologies
GTM
$1.18B
| $992K | ﹤0.01% |
97,500
-934,700
| -91% | -$9.62M |
|
7214
UBS Group
UBS
$176B
| $990K | ﹤0.01% |
21,382
-170,238
| -89% | -$6.88M |
|
7215
PUT
Helios Technologies
HLIO
$2.69B
| $990K | ﹤0.01% |
18,500
-700
| -4% | -$37.7K |
|
7216
CALL
ProShares UltraPro Short Russell2000
SRTY
$65.3M
| $989K | ﹤0.01% |
23,300
+15,725
| +208% | +$695K |
|
7217
CALL
Teleflex
TFX
$5.81B
| $989K | ﹤0.01% |
8,100
-7,300
| -47% | -$885K |
|
7218
PUT
FirstCash
FCFS
$9.31B
| $988K | ﹤0.01% |
6,200
-4,000
| -39% | -$630K |
|
7219
CALL
Veralto
VLTO
$23.8B
| $988K | ﹤0.01% |
9,900
-5,100
| -34% | -$516K |
|
7220
PUT
NatWest
NWG
$75.9B
| $987K | ﹤0.01% |
56,400
+800
| +1% | +$12.7K |
|
7221
PUT
Zura Bio
ZURA
$534M
| $987K | ﹤0.01% |
188,300
+93,300
| +98% | +$369K |
|
7222
iShares US Treasury Bond ETF
GOVT
$43.7B
| $987K | ﹤0.01% |
+42,850
| New | +$992K |
|
7223
PUT
CMS Energy
CMS
$22.3B
| $986K | ﹤0.01% |
14,100
-73,800
| -84% | -$5.37M |
|
7224
State Street SPDR S&P 500 ESG ETF
EFIV
$1.04B
| $986K | ﹤0.01% |
14,898
-22,431
| -60% | -$1.46M |
|
7225
AutoNation
AN
$6.92B
| $985K | ﹤0.01% |
4,771
-5,084
| -52% | -$1.06M |
|
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.