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 | |
|---|---|---|---|---|---|---|
726
Home Depot
HD
$350B
| $132M | 0.02% |
384,327
-29,598
| -7% | -$10.8M |
|
727
CALL
Abercrombie & Fitch
ANF
$5.27B
| $132M | 0.02% |
1,047,500
+235,500
| +29% | +$20.6M |
|
728
PUT
Halliburton
HAL
$28B
| $131M | 0.02% |
4,652,100
-2,048,100
| -31% | -$54.1M |
|
729
PUT
C.H. Robinson
CHRW
$17.3B
| $131M | 0.02% |
817,300
+262,000
| +47% | +$38.7M |
|
730
PUT
Domino's
DPZ
$11.5B
| $131M | 0.02% |
315,000
-109,000
| -26% | -$45.4M |
|
731
PUT
Hewlett Packard
HPE
$72.4B
| $131M | 0.02% |
5,463,100
-471,300
| -8% | -$11.1M |
|
732
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$293M
| $130M | 0.01% |
3,606,200
+2,645,500
| +275% | +$133M |
|
733
PUT
Ferrari
RACE
$71.5B
| $129M | 0.01% |
349,700
+161,300
| +86% | +$64.5M |
|
734
Eli Lilly
LLY
$1.1T
| $129M | 0.01% |
120,075
-61,943
| -34% | -$59.2M |
|
735
CALL
Truist Financial
TFC
$63.4B
| $128M | 0.01% |
2,594,800
-652,100
| -20% | -$30M |
|
736
PUT
Galicia Financial Group
GGAL
$7.46B
| $128M | 0.01% |
2,364,900
-939,900
| -28% | -$44M |
|
737
CALL
Zillow
Z
$7.59B
| $127M | 0.01% |
1,867,000
+325,500
| +21% | +$23.6M |
|
738
PUT
Ciena
CIEN
$54.9B
| $127M | 0.01% |
544,400
+118,800
| +28% | +$23M |
|
739
Southwest Airlines
LUV
$22B
| $127M | 0.01% |
3,071,589
+2,788,434
| +985% | +$97.4M |
|
740
CALL
Twilio
TWLO
$38B
| $127M | 0.01% |
889,600
+273,300
| +44% | +$33.9M |
|
741
Kimberly-Clark
KMB
$35.9B
| $126M | 0.01% |
1,248,800
+213,284
| +21% | +$23.3M |
|
742
CALL
Opendoor
OPEN
$3.38B
| $126M | 0.01% |
21,573,700
-7,219,203
| -25% | -$51.7M |
|
743
CALL
Hecla Mining
HL
$11.8B
| $126M | 0.01% |
6,543,100
+1,646,100
| +34% | +$25.1M |
|
744
PUT
Nucor
NUE
$62.5B
| $126M | 0.01% |
769,600
-339,700
| -31% | -$51M |
|
745
PUT
Wheaton Precious Metals
WPM
$60.6B
| $125M | 0.01% |
1,067,100
-29,500
| -3% | -$3.16M |
|
746
Target
TGT
$69B
| $125M | 0.01% |
1,279,503
-1,096,390
| -46% | -$101M |
|
747
CALL
Boston Scientific
BSX
$73.1B
| $125M | 0.01% |
1,311,000
-795,500
| -38% | -$78M |
|
|
DOCU
748
CALL
DocuSign
DOCU
$11.4B
| $125M | 0.01% |
1,824,300
-70,100
| -4% | -$4.85M |
|
749
CALL
Nice
NICE
$6.01B
| $124M | 0.01% |
1,100,000
-67,500
| -6% | -$8.15M |
|
750
iShares Core MSCI Total International Stock ETF
IXUS
$60.1B
| $124M | 0.01% |
+1,468,872
| New | +$123M |
|
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.