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 | |
|---|---|---|---|---|---|---|
1076
PUT
Motorola Solutions
MSI
$77.6B
| $73.3M | 0.01% |
191,100
+122,700
| +179% | +$49.3M |
|
1077
PUT
Molina Healthcare
MOH
$10.3B
| $73.2M | 0.01% |
421,900
+302,900
| +255% | +$49.8M |
|
1078
CALL
Autodesk
ADSK
$53.4B
| $73.2M | 0.01% |
247,300
-87,000
| -26% | -$26.3M |
|
1079
CALL
Shift4
FOUR
$3.27B
| $73.1M | 0.01% |
1,160,100
+278,500
| +32% | +$19.7M |
|
1080
PUT
e.l.f. Beauty
ELF
$5.58B
| $73M | 0.01% |
960,400
-18,300
| -2% | -$1.8M |
|
|
GRAL
1081
CALL
GRAIL Inc
GRAL
$3.34B
| $73M | 0.01% |
853,100
+213,500
| +33% | +$18.4M |
|
1082
CALL
Signet Jewelers
SIG
$3.67B
| $73M | 0.01% |
880,400
+401,000
| +84% | +$38.1M |
|
1083
PUT
Wingstop
WING
$3.16B
| $72.8M | 0.01% |
305,400
-119,000
| -28% | -$29.5M |
|
1084
Roblox
RBLX
$26.2B
| $72.7M | 0.01% |
896,751
+466,273
| +108% | +$49.5M |
|
1085
Ford
F
$56.3B
| $72.3M | 0.01% |
5,511,350
+1,705,600
| +45% | +$22M |
|
1086
CALL
NRG Energy
NRG
$25.5B
| $72.2M | 0.01% |
453,100
-166,700
| -27% | -$27.6M |
|
1087
Gilead Sciences
GILD
$167B
| $71.9M | 0.01% |
586,023
+166,717
| +40% | +$20.3M |
|
1088
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $71.8M | 0.01% |
746,800
-1,964,700
| -72% | -$190M |
|
1089
PUT
Snap
SNAP
$9.28B
| $71.7M | 0.01% |
8,882,200
-6,763,800
| -43% | -$53.5M |
|
1090
CALL
Mettler-Toledo International
MTD
$28.8B
| $71.7M | 0.01% |
51,400
-10,800
| -17% | -$15.1M |
|
1091
CALL
Dick's Sporting Goods
DKS
$18.4B
| $71.6M | 0.01% |
361,800
-263,200
| -42% | -$57.4M |
|
1092
NXP Semiconductors
NXPI
$60.1B
| $71.5M | 0.01% |
329,504
+247,219
| +300% | +$53M |
|
1093
ServiceNow
NOW
$131B
| $71.5M | 0.01% |
466,723
-331,672
| -42% | -$56.9M |
|
1094
Regeneron Pharmaceuticals
REGN
$83.1B
| $71.4M | 0.01% |
92,461
-97,715
| -51% | -$66.4M |
|
1095
CALL
Toll Brothers
TOL
$14.3B
| $71.2M | 0.01% |
526,500
-36,900
| -7% | -$5.01M |
|
1096
CALL
PNC Financial Services
PNC
$101B
| $71.1M | 0.01% |
340,700
-125,400
| -27% | -$24.2M |
|
1097
PUT
ZIM Integrated Shipping Services
ZIM
$2.98B
| $71.1M | 0.01% |
3,349,000
-7,900
| -0.2% | -$133K |
|
1098
PUT
Prologis
PLD
$132B
| $71.1M | 0.01% |
556,900
-132,900
| -19% | -$16.6M |
|
1099
IonQ
IONQ
$17.4B
| $71M | 0.01% |
1,583,208
+315,930
| +25% | +$17.7M |
|
1100
GameStop
GME
$8.38B
| $71M | 0.01% |
3,536,711
-4,739,839
| -57% | -$106M |
|
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.