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 | |
|---|---|---|---|---|---|---|
6401
Worthington Enterprises
WOR
$2.82B
| $1.4M | ﹤0.01% |
27,222
+21,517
| +377% | +$1.19M |
|
6402
CALL
Ameris Bancorp
ABCB
$5.98B
| $1.4M | ﹤0.01% |
18,900
-200
| -1% | -$14.9K |
|
6403
Village Farms International
VFF
$315M
| $1.4M | ﹤0.01% |
384,505
+38,538
| +11% | +$134K |
|
6404
PUT
ARK Web x.0 ETF
ARKW
$1.8B
| $1.4M | ﹤0.01% |
9,500
-7,700
| -45% | -$1.25M |
|
|
HTT
6405
CALL
High Templar Tech Ltd
HTT
$390M
| $1.4M | ﹤0.01% |
395,300
+104,300
| +36% | +$465K |
|
6406
Axos Financial
AX
$5.63B
| $1.4M | ﹤0.01% |
16,270
-8,129
| -33% | -$670K |
|
|
AUGO
6407
PUT
Aura Minerals Inc
AUGO
$6.58B
| $1.4M | ﹤0.01% |
+27,800
| New | +$1.09M |
|
6408
CALL
Alight
ALIT
$362M
| $1.4M | ﹤0.01% |
35,920
+6,060
| +20% | +$302K |
|
6409
PUT
Choice Hotels
CHH
$4.72B
| $1.4M | ﹤0.01% |
14,700
-22,200
| -60% | -$2.11M |
|
|
BORR
6410
Borr Drilling
BORR
$1.39B
| $1.4M | ﹤0.01% |
347,428
-1,282,373
| -79% | -$4.25M |
|
6411
PUT
KULR Technology Group
KULR
$121M
| $1.4M | ﹤0.01% |
472,900
-510,000
| -52% | -$1.87M |
|
6412
Nano X Imaging
NNOX
$69.4M
| $1.4M | ﹤0.01% |
499,504
+70,301
| +16% | +$253K |
|
6413
PUT
Invesco DB Commodity Index Tracking Fund
DBC
$1.81B
| $1.4M | ﹤0.01% |
62,500
+52,900
| +551% | +$1.2M |
|
6414
Funko
FNKO
$341M
| $1.4M | ﹤0.01% |
411,003
-392,466
| -49% | -$1.23M |
|
6415
PUT
Prosperity Bancshares
PB
$8.95B
| $1.4M | ﹤0.01% |
20,200
-4,300
| -18% | -$290K |
|
6416
PUT
Full Truck Alliance
YMM
$9.17B
| $1.39M | ﹤0.01% |
130,000
-140,100
| -52% | -$1.68M |
|
6417
CALL
Houlihan Lokey
HLI
$8.75B
| $1.39M | ﹤0.01% |
8,000
-1,000
| -11% | -$184K |
|
6418
CALL
Xponential Fitness
XPOF
$215M
| $1.39M | ﹤0.01% |
169,200
-39,100
| -19% | -$278K |
|
6419
CALL
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.76B
| $1.39M | ﹤0.01% |
27,600
-12,500
| -31% | -$641K |
|
6420
CALL
Nu Skin
NUS
$228M
| $1.39M | ﹤0.01% |
144,700
+130,800
| +941% | +$1.35M |
|
6421
CALL
Aldeyra Therapeutics
ALDX
$94.1M
| $1.39M | ﹤0.01% |
268,700
+187,700
| +232% | +$964K |
|
6422
CALL
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.6B
| $1.39M | ﹤0.01% |
24,500
-71,100
| -74% | -$3.99M |
|
6423
National Fuel Gas
NFG
$7.78B
| $1.39M | ﹤0.01% |
17,378
-30,836
| -64% | -$2.54M |
|
6424
FB Financial Corp
FBK
$3.07B
| $1.39M | ﹤0.01% |
24,921
-8,077
| -24% | -$451K |
|
6425
CALL
RBC Bearings
RBC
$17.7B
| $1.39M | ﹤0.01% |
3,100
-1,800
| -37% | -$762K |
|
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.