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 | |
|---|---|---|---|---|---|---|
4526
Norwegian Cruise Line
NCLH
$8.73B
| $3.7M | ﹤0.01% |
165,585
+22,352
| +16% | +$472K |
|
4527
Abeona Therapeutics
ABEO
$343M
| $3.7M | ﹤0.01% |
+701,288
| New | +$3.53M |
|
4528
United Microelectronic
UMC
$48B
| $3.69M | ﹤0.01% |
470,067
+33,812
| +8% | +$257K |
|
4529
CALL
iShares Core S&P Total US Stock Market ETF
ITOT
$98.3B
| $3.69M | ﹤0.01% |
24,800
+4,200
| +20% | +$620K |
|
4530
CALL
St. Joe Company
JOE
$3.89B
| $3.68M | ﹤0.01% |
62,000
+19,700
| +47% | +$1.1M |
|
4531
Warrior Met Coal
HCC
$5.19B
| $3.68M | ﹤0.01% |
41,748
-31,396
| -43% | -$2.36M |
|
4532
Hertz
HTZ
$798M
| $3.68M | ﹤0.01% |
715,762
-881,011
| -55% | -$4.81M |
|
|
VTYX
4533
PUT
DELISTED
Ventyx Biosciences
VTYX
| $3.68M | ﹤0.01% |
407,400
+380,700
| +1,426% | +$2.85M |
|
4534
PUT
Groupon
GRPN
$875M
| $3.68M | ﹤0.01% |
208,700
-738,900
| -78% | -$13.9M |
|
4535
GraniteShares 2x Long TSLA Daily ETF
TSLR
$75.1M
| $3.68M | ﹤0.01% |
114,774
+72,203
| +170% | +$2.33M |
|
4536
PUT
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $3.67M | ﹤0.01% |
83,500
+53,900
| +182% | +$2.31M |
|
4537
CALL
PagerDuty
PD
$918M
| $3.67M | ﹤0.01% |
280,100
+8,000
| +3% | +$117K |
|
4538
Perrigo
PRGO
$1.81B
| $3.67M | ﹤0.01% |
263,767
-12,739
| -5% | -$212K |
|
4539
Immunome
IMNM
$3.09B
| $3.67M | ﹤0.01% |
170,914
+100,749
| +144% | +$1.77M |
|
4540
PUT
Steven Madden
SHOO
$3.45B
| $3.67M | ﹤0.01% |
88,100
+65,000
| +281% | +$2.51M |
|
|
LLYX
4541
Defiance Daily Target 2x Long LLY ETF
LLYX
$44.8M
| $3.66M | ﹤0.01% |
143,692
+57,523
| +67% | +$1.23M |
|
4542
PUT
Procept Biorobotics
PRCT
$1.24B
| $3.66M | ﹤0.01% |
116,400
+3,200
| +3% | +$106K |
|
4543
iShares US Small Cap Equity Factor ETF
SMLF
$4.33B
| $3.66M | ﹤0.01% |
48,880
+23,210
| +90% | +$1.73M |
|
|
VG
4544
Venture Global Inc
VG
$35B
| $3.66M | ﹤0.01% |
536,335
+506,364
| +1,690% | +$4.22M |
|
4545
Tradr TSLA Bear Daily ETF
TSLQ
$98.6M
| $3.66M | ﹤0.01% |
201,308
+27,705
| +16% | +$616K |
|
4546
MicroSectors Gold Miners 3x Leveraged ETN
GDXU
$1.11B
| $3.64M | ﹤0.01% |
14,958
-4,944
| -25% | -$1.01M |
|
4547
CALL
Tradr 1.25X NVDA Bear Daily ETF
NVDS
$12.6M
| $3.64M | ﹤0.01% |
130,100
+77,367
| +147% | +$2.5M |
|
4548
Zebra Technologies
ZBRA
$17.8B
| $3.64M | ﹤0.01% |
15,006
-19,674
| -57% | -$5.26M |
|
4549
VictoryShares US Value Momentum ETF
ULVM
$273M
| $3.64M | ﹤0.01% |
+39,822
| New | +$3.61M |
|
4550
Emcor
EME
$36.9B
| $3.64M | ﹤0.01% |
5,945
+2,296
| +63% | +$1.49M |
|
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.