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 | |
|---|---|---|---|---|---|---|
9601
PUT
MillerKnoll
MLKN
$1.62B
| $347K | ﹤0.01% |
19,000
-2,800
| -13% | -$45.7K |
|
9602
MYR Group
MYRG
$5.21B
| $347K | ﹤0.01% |
+1,589
| New | +$346K |
|
9603
PUT
CareCloud
CCLD
$110M
| $347K | ﹤0.01% |
118,900
+37,700
| +46% | +$119K |
|
9604
CALL
Columbia Sportswear
COLM
$2.94B
| $347K | ﹤0.01% |
+6,300
| New | +$337K |
|
9605
ProShares S&P 500 ex-Energy ETF
SPXE
$87.7M
| $347K | ﹤0.01% |
+4,694
| New | +$343K |
|
9606
PUT
1-800-Flowers.com
FLWS
$262M
| $347K | ﹤0.01% |
88,200
-183,100
| -67% | -$719K |
|
9607
PUT
Warner Music
WMG
$13.4B
| $347K | ﹤0.01% |
11,300
-20,600
| -65% | -$629K |
|
9608
PUT
United States 12 Month Oil Fund,
USL
$45.7M
| $347K | ﹤0.01% |
+10,400
| New | +$355K |
|
|
GRIN
9609
VictoryShares International Free Cash Flow Growth ETF
GRIN
$334M
| $346K | ﹤0.01% |
+12,536
| New | +$343K |
|
9610
PUT
Invesco S&P 500 Momentum ETF
SPMO
$22.3B
| $346K | ﹤0.01% |
+2,900
| New | +$348K |
|
9611
JELD-WEN Holding
JELD
$167M
| $346K | ﹤0.01% |
140,649
-14,303
| -9% | -$47K |
|
9612
AlTi Global
ALTI
$461M
| $346K | ﹤0.01% |
+74,503
| New | +$307K |
|
|
LTM
9613
PUT
LATAM Airlines Group S.A.
LTM
$15B
| $346K | ﹤0.01% |
6,400
-33,900
| -84% | -$1.6M |
|
9614
PUT
RLI Corp
RLI
$5.85B
| $345K | ﹤0.01% |
5,400
-1,400
| -21% | -$87.9K |
|
9615
Freedom Day Dividend ETF
MBOX
$154M
| $345K | ﹤0.01% |
+9,863
| New | +$345K |
|
|
AMWD
9616
CALL
DELISTED
American Woodmark
AMWD
| $345K | ﹤0.01% |
6,400
-800
| -11% | -$46.8K |
|
9617
CALL
WisdomTree Europe SmallCap Dividend Fund
DFE
$170M
| $345K | ﹤0.01% |
4,800
-100
| -2% | -$6.97K |
|
9618
BlackRock Core Bond Trust
BHK
$651M
| $345K | ﹤0.01% |
35,925
+9,541
| +36% | +$92.6K |
|
9619
Vaalco Energy
EGY
$608M
| $344K | ﹤0.01% |
94,584
-119,117
| -56% | -$441K |
|
9620
CALL
TaskUs
TASK
$688M
| $344K | ﹤0.01% |
+29,200
| New | +$373K |
|
9621
Dime Commercial Bancshares
DCOM
$1.81B
| $344K | ﹤0.01% |
11,441
-7,999
| -41% | -$231K |
|
9622
Atossa Therapeutics
ATOS
$25.9M
| $344K | ﹤0.01% |
38,839
+24,199
| +165% | +$306K |
|
9623
PUT
Perma-Fix Environmental Services
PESI
$369M
| $344K | ﹤0.01% |
27,300
-1,800
| -6% | -$22.9K |
|
9624
CALL
NETSCOUT
NTCT
$2.88B
| $344K | ﹤0.01% |
+12,700
| New | +$343K |
|
9625
City Holding Co
CHCO
$2.07B
| $344K | ﹤0.01% |
2,883
-3,220
| -53% | -$392K |
|
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.