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 | |
|---|---|---|---|---|---|---|
701
PUT
Cadence Design Systems
CDNS
$91.4B
| $139M | 0.02% |
445,000
+169,000
| +61% | +$55.1M |
|
702
Schwab International Equity ETF
SCHF
$68.3B
| $139M | 0.02% |
5,780,130
+5,016,109
| +657% | +$119M |
|
703
PUT
iShares MSCI Canada ETF
EWC
$6.48B
| $139M | 0.02% |
2,576,500
-114,900
| -4% | -$5.94M |
|
704
PUT
Global X Uranium ETF
URA
$6.19B
| $138M | 0.02% |
3,230,300
+2,174,000
| +206% | +$105M |
|
705
PUT
CME Group
CME
$94.8B
| $138M | 0.02% |
504,500
-70,000
| -12% | -$19M |
|
706
PUT
Zoom
ZM
$31.4B
| $138M | 0.02% |
1,595,200
-173,500
| -10% | -$14.6M |
|
707
CALL
GitLab
GTLB
$6.88B
| $137M | 0.02% |
3,661,900
+1,149,100
| +46% | +$49.7M |
|
708
Lockheed Martin
LMT
$139B
| $137M | 0.02% |
283,414
+234,935
| +485% | +$112M |
|
709
CALL
Live Nation Entertainment
LYV
$43B
| $136M | 0.02% |
957,400
+39,200
| +4% | +$5.63M |
|
710
CALL
CRH
CRH
$66.9B
| $136M | 0.02% |
1,092,100
+330,900
| +43% | +$39.4M |
|
|
711
CALL
CME Group
CME
$94.8B
| $136M | 0.02% |
498,400
-37,900
| -7% | -$10.3M |
|
712
PUT
Medtronic
MDT
$114B
| $136M | 0.02% |
1,414,800
-311,500
| -18% | -$30.3M |
|
713
PUT
Monolithic Power Systems
MPWR
$67.9B
| $136M | 0.02% |
149,900
-12,400
| -8% | -$11.9M |
|
714
PUT
NXP Semiconductors
NXPI
$58.9B
| $136M | 0.02% |
624,900
+379,200
| +154% | +$81.3M |
|
715
CALL
Energy Fuels
UUUU
$3.57B
| $136M | 0.02% |
9,324,400
+7,752,000
| +493% | +$132M |
|
716
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.58B
| $135M | 0.02% |
1,314,400
-231,900
| -15% | -$24.6M |
|
717
Microchip Technology
MCHP
$44.2B
| $135M | 0.02% |
2,122,214
+1,719,323
| +427% | +$106M |
|
718
GE Aerospace
GE
$380B
| $135M | 0.02% |
438,291
-3,177
| -0.7% | -$957K |
|
719
CALL
Fortinet
FTNT
$120B
| $135M | 0.02% |
1,697,600
-515,200
| -23% | -$42.7M |
|
720
PUT
Lennar Class A
LEN
$20.6B
| $134M | 0.02% |
1,306,600
-96,200
| -7% | -$11.6M |
|
721
CALL
RH
RH
$3.47B
| $134M | 0.02% |
748,700
+130,300
| +21% | +$22.3M |
|
722
PUT
Quanta Services
PWR
$99.4B
| $134M | 0.02% |
317,600
+149,500
| +89% | +$65.7M |
|
723
Mercado Libre
MELI
$92.5B
| $133M | 0.02% |
66,002
-16,561
| -20% | -$34.8M |
|
724
CALL
NIO
NIO
$12.1B
| $132M | 0.02% |
25,968,500
+4,911,100
| +23% | +$30.3M |
|
725
CALL
Halliburton
HAL
$28B
| $132M | 0.02% |
4,683,200
+297,700
| +7% | +$7.86M |
|
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.