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 | |
|---|---|---|---|---|---|---|
2376
iShares Core MSCI EAFE ETF
IEFA
$196B
| $17.1M | ﹤0.01% |
190,646
+101,048
| +113% | +$8.94M |
|
2377
PUT
Arbor Realty Trust
ABR
$974M
| $17M | ﹤0.01% |
2,196,400
-580,200
| -21% | -$5.69M |
|
2378
CALL
Bank of Montreal
BMO
$129B
| $17M | ﹤0.01% |
131,200
-56,100
| -30% | -$7.1M |
|
2379
Signet Jewelers
SIG
$3.59B
| $17M | ﹤0.01% |
+205,031
| New | +$19.5M |
|
2380
CALL
Viper Energy
VNOM
$15.2B
| $17M | ﹤0.01% |
439,600
-61,000
| -12% | -$2.31M |
|
2381
StoneCo
STNE
$2.49B
| $17M | ﹤0.01% |
1,147,691
-469,857
| -29% | -$7.86M |
|
2382
PUT
TMC The Metals Company
TMC
$1.91B
| $17M | ﹤0.01% |
2,748,500
+535,400
| +24% | +$3.76M |
|
2383
PUT
PACCAR
PCAR
$69B
| $17M | ﹤0.01% |
154,800
+7,500
| +5% | +$769K |
|
2384
CALL
Viatris
VTRS
$18.5B
| $16.9M | ﹤0.01% |
1,361,000
+645,500
| +90% | +$6.96M |
|
2385
CALL
International Paper
IP
$21.8B
| $16.9M | ﹤0.01% |
429,600
-1,492,100
| -78% | -$61.4M |
|
2386
CALL
Charles River Laboratories
CRL
$13.4B
| $16.9M | ﹤0.01% |
84,800
-22,000
| -21% | -$3.99M |
|
2387
Tyson Foods
TSN
$19.8B
| $16.9M | ﹤0.01% |
288,548
+42,166
| +17% | +$2.32M |
|
2388
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.28B
| $16.9M | ﹤0.01% |
137,064
+129,674
| +1,755% | +$15.9M |
|
2389
Duolingo
DUOL
$6.74B
| $16.9M | ﹤0.01% |
96,224
+83,683
| +667% | +$19.7M |
|
2390
CALL
Ingersoll Rand
IR
$32.9B
| $16.9M | ﹤0.01% |
213,100
+81,700
| +62% | +$6.45M |
|
2391
PUT
Invesco Solar ETF
TAN
$1.38B
| $16.9M | ﹤0.01% |
343,500
-14,500
| -4% | -$698K |
|
2392
CALL
Academy Sports + Outdoors
ASO
$3.05B
| $16.8M | ﹤0.01% |
336,300
+7,000
| +2% | +$347K |
|
2393
Waste Management
WM
$90.5B
| $16.8M | ﹤0.01% |
76,438
-35,722
| -32% | -$7.61M |
|
2394
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.2M
| $16.8M | ﹤0.01% |
210,400
+92,500
| +78% | +$7.08M |
|
2395
Consolidated Edison
ED
$39.9B
| $16.8M | ﹤0.01% |
168,812
+121,418
| +256% | +$12M |
|
2396
CALL
United States Antimony
UAMY
$799M
| $16.8M | ﹤0.01% |
3,338,000
+1,395,300
| +72% | +$11M |
|
2397
PUT
Elbit Systems
ESLT
$36.5B
| $16.8M | ﹤0.01% |
29,000
+17,100
| +144% | +$8.57M |
|
2398
CALL
Qorvo
QRVO
$8.67B
| $16.7M | ﹤0.01% |
198,200
+66,000
| +50% | +$5.82M |
|
2399
Rio Tinto
RIO
$160B
| $16.7M | ﹤0.01% |
208,950
+198,090
| +1,824% | +$14.3M |
|
2400
Amneal Pharmaceuticals
AMRX
$6.15B
| $16.7M | ﹤0.01% |
1,326,540
+47,892
| +4% | +$548K |
|
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.