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 | |
|---|---|---|---|---|---|---|
|
PTIR
2126
CALL
GraniteShares 2x Long PLTR Daily ETF
PTIR
$444M
| $21.5M | ﹤0.01% |
805,500
-173,400
| -18% | -$5.28M |
|
2127
Ulta Beauty
ULTA
$22.2B
| $21.5M | ﹤0.01% |
35,560
+8,962
| +34% | +$4.93M |
|
2128
CALL
SELLAS Life Sciences
SLS
$2.5B
| $21.5M | ﹤0.01% |
5,695,500
+2,907,400
| +104% | +$5.65M |
|
2129
Sprott Uranium Miners ETF
URNM
$2B
| $21.5M | ﹤0.01% |
391,032
+80,761
| +26% | +$4.67M |
|
2130
CALL
Copart
CPRT
$27.2B
| $21.4M | ﹤0.01% |
547,300
-151,000
| -22% | -$6.26M |
|
2131
CALL
DHT Holdings
DHT
$3.09B
| $21.4M | ﹤0.01% |
1,754,500
+992,500
| +130% | +$12.5M |
|
2132
PUT
NEOS Nasdaq 100 High Income ETF
QQQI
$14.1B
| $21.4M | ﹤0.01% |
397,700
+150,400
| +61% | +$8.19M |
|
2133
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $21.4M | ﹤0.01% |
332,100
-124,500
| -27% | -$7.86M |
|
2134
Republic Services
RSG
$65.9B
| $21.4M | ﹤0.01% |
100,856
+25,245
| +33% | +$5.43M |
|
2135
CALL
TripAdvisor
TRIP
$1.29B
| $21.3M | ﹤0.01% |
1,462,600
+38,200
| +3% | +$581K |
|
|
MRSH
2136
CALL
Marsh
MRSH
$90B
| $21.3M | ﹤0.01% |
114,700
-4,500
| -4% | -$841K |
|
2137
PUT
Stellantis
STLA
$20.2B
| $21.3M | ﹤0.01% |
1,953,100
+97,400
| +5% | +$1.05M |
|
2138
PUT
Direxion Daily GOOGL Bull 2X ETF
GGLL
$958M
| $21.2M | ﹤0.01% |
219,300
-58,500
| -21% | -$4.98M |
|
2139
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $21.2M | ﹤0.01% |
168,263
+2,721
| +2% | +$352K |
|
2140
CALL
Exelon
EXC
$47B
| $21.2M | ﹤0.01% |
486,600
-283,600
| -37% | -$12.9M |
|
2141
iShares MSCI Canada ETF
EWC
$6.55B
| $21.1M | ﹤0.01% |
391,949
+297,074
| +313% | +$15.4M |
|
|
DQ
2142
CALL
Daqo New Energy
DQ
$1.01B
| $21.1M | ﹤0.01% |
716,300
+170,400
| +31% | +$5.2M |
|
2143
Take-Two Interactive
TTWO
$45.2B
| $21.1M | ﹤0.01% |
82,445
-90,599
| -52% | -$22.6M |
|
2144
CALL
Option Care Health
OPCH
$3.61B
| $21.1M | ﹤0.01% |
662,500
+523,800
| +378% | +$15.4M |
|
2145
PUT
Copa Holdings
CPA
$6.17B
| $21.1M | ﹤0.01% |
175,000
-16,300
| -9% | -$1.99M |
|
2146
CALL
Huntington Bancshares
HBAN
$35.9B
| $21.1M | ﹤0.01% |
1,215,700
+48,800
| +4% | +$801K |
|
|
MPT
2147
Medical Properties Trust
MPT
$2.51B
| $21.1M | ﹤0.01% |
4,217,586
+553,654
| +15% | +$2.88M |
|
2148
PUT
CDW
CDW
$17.8B
| $21M | ﹤0.01% |
154,300
-86,600
| -36% | -$12.8M |
|
2149
CALL
Praxis Precision Medicines
PRAX
$10.3B
| $21M | ﹤0.01% |
71,300
-30,100
| -30% | -$5.61M |
|
2150
CALL
Regions Financial
RF
$27B
| $21M | ﹤0.01% |
774,700
+42,900
| +6% | +$1.1M |
|
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.