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 | |
|---|---|---|---|---|---|---|
|
GLDD
6526
CALL
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.33M | ﹤0.01% |
101,600
+8,400
| +9% | +$104K |
|
6527
PUT
Ecopetrol
EC
$36.3B
| $1.33M | ﹤0.01% |
133,000
-18,800
| -12% | -$179K |
|
|
ONIT
6528
CALL
Onity Group
ONIT
$320M
| $1.33M | ﹤0.01% |
29,100
-1,700
| -6% | -$69.8K |
|
|
RAPT
6529
CALL
DELISTED
RAPT Therapeutics
RAPT
| $1.33M | ﹤0.01% |
+39,300
| New | +$1.22M |
|
6530
Lantheus
LNTH
$6.59B
| $1.33M | ﹤0.01% |
19,990
-22,374
| -53% | -$1.3M |
|
6531
Schwab 1000 Index ETF
SCHK
$5.95B
| $1.33M | ﹤0.01% |
40,540
-20,797
| -34% | -$677K |
|
6532
Pacer Industrials and Logistics ETF
SHPP
$2.14M
| $1.33M | ﹤0.01% |
+45,206
| New | +$1.31M |
|
|
AVDL
6533
DELISTED
Avadel Pharmaceuticals
AVDL
| $1.33M | ﹤0.01% |
61,690
-178,191
| -74% | -$3.46M |
|
|
CGC
6534
PUT
Canopy Growth
CGC
$422M
| $1.33M | ﹤0.01% |
1,165,100
-802,600
| -41% | -$1.03M |
|
6535
International Bancshares
IBOC
$4.55B
| $1.33M | ﹤0.01% |
19,987
-2,344
| -10% | -$159K |
|
|
DDTS
6536
Innovator Equity Dual Directional 10 Buffer ETF - September
DDTS
$20.6M
| $1.33M | ﹤0.01% |
62,172
+38,183
| +159% | +$804K |
|
|
VWAV
6537
CALL
VisionWave Holdings
VWAV
$42.3M
| $1.33M | ﹤0.01% |
143,200
+6,000
| +4% | +$62.5K |
|
|
LIBD
6538
LifeX 2065 Inflation-Protected Longevity Income ETF
LIBD
$4.32M
| $1.33M | ﹤0.01% |
4,706
-1,172
| -20% | -$337K |
|
6539
CALL
Kura Oncology
KURA
$1B
| $1.33M | ﹤0.01% |
127,600
+114,500
| +874% | +$1.2M |
|
|
SLI
6540
PUT
Standard Lithium
SLI
$565M
| $1.32M | ﹤0.01% |
296,300
+74,200
| +33% | +$314K |
|
6541
Trip.com Group
TCOM
$28.2B
| $1.32M | ﹤0.01% |
18,418
+14,509
| +371% | +$1.04M |
|
6542
State Street SPDR S&P China ETF
GXC
$473M
| $1.32M | ﹤0.01% |
13,665
-25,804
| -65% | -$2.6M |
|
6543
Tactile Systems Technology
TCMD
$557M
| $1.32M | ﹤0.01% |
45,592
-14,747
| -24% | -$327K |
|
|
GPZ
6544
VanEck Alternative Asset Manager ETF
GPZ
$261M
| $1.32M | ﹤0.01% |
+48,697
| New | +$1.29M |
|
6545
Urban Outfitters
URBN
$6.56B
| $1.32M | ﹤0.01% |
+17,565
| New | +$1.24M |
|
6546
Neumora Therapeutics
NMRA
$286M
| $1.32M | ﹤0.01% |
738,272
+314,028
| +74% | +$688K |
|
6547
AdvanSix
ASIX
$451M
| $1.32M | ﹤0.01% |
76,347
+60,409
| +379% | +$1.06M |
|
|
FAX
6548
abrdn Asia-Pacific Income Fund
FAX
$603M
| $1.32M | ﹤0.01% |
+86,028
| New | +$1.33M |
|
6549
CALL
AbCellera Biologics
ABCL
$3.43B
| $1.32M | ﹤0.01% |
385,800
-94,200
| -20% | -$420K |
|
6550
CALL
Trinity Industries
TRN
$2.38B
| $1.32M | ﹤0.01% |
49,900
+7,800
| +19% | +$212K |
|
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.