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 | |
|---|---|---|---|---|---|---|
1776
PUT
Darden Restaurants
DRI
$25.4B
| $31.4M | ﹤0.01% |
170,900
-60,400
| -26% | -$11M |
|
1777
PUT
Tenet Healthcare
THC
$21.5B
| $31.4M | ﹤0.01% |
158,000
-112,600
| -42% | -$22.8M |
|
1778
PUT
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.9B
| $31.4M | ﹤0.01% |
539,600
+251,900
| +88% | +$14.6M |
|
1779
CALL
Jefferies Financial Group
JEF
$12.9B
| $31.3M | ﹤0.01% |
505,600
+178,900
| +55% | +$10.3M |
|
1780
American Tower
AMT
$81.3B
| $31.3M | ﹤0.01% |
178,117
+8,989
| +5% | +$1.64M |
|
1781
DigitalBridge
DBRG
$2.94B
| $31.3M | ﹤0.01% |
2,037,679
+1,540,487
| +310% | +$18.5M |
|
|
FIGR
1782
CALL
Figure Technology Solutions
FIGR
$7.05B
| $31.2M | ﹤0.01% |
764,800
+699,600
| +1,073% | +$28M |
|
1783
CALL
NetEase
NTES
$78.6B
| $31.2M | ﹤0.01% |
226,900
-50,400
| -18% | -$7.16M |
|
1784
Iris Energy
IREN
$15.9B
| $31.2M | ﹤0.01% |
825,420
-1,032,291
| -56% | -$53.3M |
|
1785
CALL
Sarepta Therapeutics
SRPT
$1.95B
| $31.1M | ﹤0.01% |
1,447,200
+55,700
| +4% | +$1.17M |
|
1786
SLM Corp
SLM
$5.2B
| $31.1M | ﹤0.01% |
1,150,709
+1,068,756
| +1,304% | +$29.3M |
|
1787
Arch Capital
ACGL
$33.5B
| $31.1M | ﹤0.01% |
324,267
+241,682
| +293% | +$22.1M |
|
1788
Agios Pharmaceuticals
AGIO
$1.99B
| $31.1M | ﹤0.01% |
+1,142,432
| New | +$40.1M |
|
1789
Affirm
AFRM
$26.3B
| $31M | ﹤0.01% |
416,612
-70,534
| -14% | -$5.08M |
|
1790
Live Nation Entertainment
LYV
$43.3B
| $30.9M | ﹤0.01% |
217,164
+152,226
| +234% | +$21.9M |
|
1791
Whirlpool
WHR
$2.8B
| $30.9M | ﹤0.01% |
428,573
+23,344
| +6% | +$1.72M |
|
1792
CALL
Williams-Sonoma
WSM
$28.6B
| $30.9M | ﹤0.01% |
172,900
-76,000
| -31% | -$14.2M |
|
1793
ProShares Ultra Silver
AGQ
$1.41B
| $30.9M | ﹤0.01% |
198,905
-156,855
| -44% | -$16.2M |
|
1794
CALL
Capri Holdings
CPRI
$1.78B
| $30.8M | ﹤0.01% |
1,261,600
+474,000
| +60% | +$11M |
|
1795
CALL
monday.com
MNDY
$4.01B
| $30.8M | ﹤0.01% |
208,400
-42,000
| -17% | -$7.07M |
|
1796
CALL
Alpha Metallurgical Resources
AMR
$1.98B
| $30.7M | ﹤0.01% |
153,400
+40,400
| +36% | +$6.98M |
|
1797
CALL
Celcuity
CELC
$4.25B
| $30.7M | ﹤0.01% |
307,300
+121,700
| +66% | +$10M |
|
1798
CALL
Baker Hughes
BKR
$63B
| $30.6M | ﹤0.01% |
673,000
+1,200
| +0.2% | +$56.9K |
|
1799
PUT
Hasbro
HAS
$13.7B
| $30.6M | ﹤0.01% |
373,600
+19,600
| +6% | +$1.54M |
|
1800
CALL
Sprouts Farmers Market
SFM
$7.72B
| $30.6M | ﹤0.01% |
384,500
+234,500
| +156% | +$21M |
|
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.