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 | |
|---|---|---|---|---|---|---|
6226
Ironwood Pharmaceuticals
IRWD
$715M
| $1.51M | ﹤0.01% |
448,799
+351,933
| +363% | +$914K |
|
|
AIOO
6227
AllianzIM U.S. Equity Buffer100 Protection ETF
AIOO
$50.3M
| $1.51M | ﹤0.01% |
58,834
+16,177
| +38% | +$415K |
|
6228
PUT
Ryder
R
$10.2B
| $1.51M | ﹤0.01% |
7,900
-3,700
| -32% | -$665K |
|
6229
First Trust Dow 30 Equal Weight ETF
EDOW
$321M
| $1.51M | ﹤0.01% |
36,607
+4,476
| +14% | +$182K |
|
6230
CALL
Teekay Tankers
TNK
$3.08B
| $1.51M | ﹤0.01% |
28,300
-103,400
| -79% | -$5.81M |
|
6231
Materion
MTRN
$6B
| $1.51M | ﹤0.01% |
12,158
+5,325
| +78% | +$657K |
|
6232
CALL
Extreme Networks
EXTR
$3.18B
| $1.51M | ﹤0.01% |
90,700
-41,900
| -32% | -$769K |
|
6233
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.23B
| $1.51M | ﹤0.01% |
+34,070
| New | +$1.52M |
|
6234
Rexford Industrial Realty
REXR
$7.99B
| $1.51M | ﹤0.01% |
38,991
+17,943
| +85% | +$740K |
|
|
OMAH
6235
VistaShares Target 15 Berkshire Select Income ETF
OMAH
$1.05B
| $1.51M | ﹤0.01% |
+80,547
| New | +$1.53M |
|
6236
PUT
Workiva
WK
$3.79B
| $1.51M | ﹤0.01% |
17,500
-25,900
| -60% | -$2.29M |
|
|
LTC
6237
CALL
LTC Properties
LTC
$2.17B
| $1.51M | ﹤0.01% |
43,900
+5,000
| +13% | +$176K |
|
6238
First Bancorp
FBP
$4.53B
| $1.51M | ﹤0.01% |
72,803
-17,179
| -19% | -$354K |
|
6239
US Treasury 30 Year Bond ETF
UTHY
$180M
| $1.51M | ﹤0.01% |
36,572
+6,635
| +22% | +$280K |
|
6240
Matthews China Innovators Active ETF
MCHS
$21.9M
| $1.51M | ﹤0.01% |
46,457
-1,803
| -4% | -$60.3K |
|
6241
PUT
National Grid
NGG
$81.5B
| $1.51M | ﹤0.01% |
19,500
-97,760
| -83% | -$7.35M |
|
6242
CALL
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.5B
| $1.51M | ﹤0.01% |
18,000
+7,300
| +68% | +$613K |
|
6243
CALL
Encompass Health
EHC
$12.1B
| $1.51M | ﹤0.01% |
14,200
-24,900
| -64% | -$2.89M |
|
6244
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $1.5M | ﹤0.01% |
4,979
-35,317
| -88% | -$10.7M |
|
6245
PUT
Vitesse Energy
VTS
$695M
| $1.5M | ﹤0.01% |
78,100
+10,400
| +15% | +$222K |
|
6246
Kyndryl
KD
$2.77B
| $1.5M | ﹤0.01% |
56,606
-90,732
| -62% | -$2.46M |
|
|
NEWP
6247
New Pacific Metals
NEWP
$1.22B
| $1.5M | ﹤0.01% |
428,065
+251,959
| +143% | +$690K |
|
6248
Camtek
CAMT
$8.14B
| $1.5M | ﹤0.01% |
+14,125
| New | +$1.59M |
|
6249
Goldman Sachs MarketBeta International Equity ETF
GSID
$1.13B
| $1.5M | ﹤0.01% |
+21,663
| New | +$1.47M |
|
6250
Fortrea Holdings
FTRE
$1.71B
| $1.5M | ﹤0.01% |
87,009
-88,920
| -51% | -$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.