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 | |
|---|---|---|---|---|---|---|
1151
PUT
Sanofi
SNY
$105B
| $66.7M | 0.01% |
1,375,700
+529,600
| +63% | +$26.3M |
|
1152
PUT
Realty Income
O
$58.5B
| $66.5M | 0.01% |
1,179,000
-341,600
| -22% | -$19.8M |
|
1153
CALL
DigitalOcean
DOCN
$14.5B
| $66.4M | 0.01% |
1,380,700
+520,400
| +60% | +$22.9M |
|
1154
PUT
Rocket Companies
RKT
$40.4B
| $66.4M | 0.01% |
3,431,700
-2,352,800
| -41% | -$42.1M |
|
1155
PUT
Energy Transfer Partners
ET
$71.8B
| $66.1M | 0.01% |
4,007,300
-791,000
| -16% | -$13.2M |
|
1156
PUT
Madrigal Pharmaceuticals
MDGL
$12.2B
| $66M | 0.01% |
113,400
-6,400
| -5% | -$3.27M |
|
1157
PUT
Best Buy
BBY
$17.7B
| $65.8M | 0.01% |
983,000
-43,400
| -4% | -$3.31M |
|
1158
Honeywell
HON
$73.6B
| $65.7M | 0.01% |
336,857
-188,850
| -36% | -$36.9M |
|
1159
PUT
BP
BP
$111B
| $65.6M | 0.01% |
1,888,000
-582,700
| -24% | -$20.4M |
|
1160
PUT
PennyMac Financial
PFSI
$3.97B
| $65.4M | 0.01% |
496,200
-6,800
| -1% | -$866K |
|
1161
AbbVie
ABBV
$442B
| $65.3M | 0.01% |
285,931
-7,497
| -3% | -$1.71M |
|
1162
PUT
Energy Fuels
UUUU
$3.67B
| $65.3M | 0.01% |
4,491,900
+1,704,400
| +61% | +$28.9M |
|
1163
PUT
Generac Holdings
GNRC
$12.7B
| $65.2M | 0.01% |
478,300
-116,800
| -20% | -$18.8M |
|
1164
PUT
Symbotic
SYM
$5.41B
| $65.2M | 0.01% |
1,095,200
+563,900
| +106% | +$37.2M |
|
1165
PUT
Oscar Health
OSCR
$8.6B
| $65.1M | 0.01% |
4,532,200
-2,897,300
| -39% | -$50.1M |
|
1166
PUT
SolarEdge
SEDG
$2.05B
| $65.1M | 0.01% |
2,257,400
-651,000
| -22% | -$22.7M |
|
1167
Celestica
CLS
$39.2B
| $64.9M | 0.01% |
219,648
+48,594
| +28% | +$14.6M |
|
1168
NextEra Energy
NEE
$178B
| $64.9M | 0.01% |
808,634
+166,483
| +26% | +$13.8M |
|
1169
Veeva Systems
VEEV
$38.6B
| $64.9M | 0.01% |
290,571
+186,472
| +179% | +$49.5M |
|
1170
KLA
KLAC
$261B
| $64.8M | 0.01% |
533,430
-375,410
| -41% | -$44M |
|
1171
PUT
Southern Company
SO
$106B
| $64.6M | 0.01% |
741,200
-27,800
| -4% | -$2.54M |
|
1172
CALL
Paychex
PAYX
$43.1B
| $64.6M | 0.01% |
575,900
-429,000
| -43% | -$50.2M |
|
1173
PUT
CleanSpark
CLSK
$2.97B
| $64.6M | 0.01% |
6,381,100
-1,868,100
| -23% | -$28M |
|
1174
CALL
Canadian Solar
CSIQ
$1.08B
| $64.3M | 0.01% |
2,705,000
+1,960,900
| +264% | +$42.7M |
|
1175
Agnico Eagle Mines
AEM
$92.1B
| $64.2M | 0.01% |
378,749
+235,208
| +164% | +$39.5M |
|
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.