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 | |
|---|---|---|---|---|---|---|
4651
PUT
TTM Technologies
TTMI
$14.7B
| $3.41M | ﹤0.01% |
49,400
-44,700
| -48% | -$2.92M |
|
4652
CALL
Innovative Industrial Properties
IIPR
$1.62B
| $3.41M | ﹤0.01% |
71,900
+10,700
| +17% | +$554K |
|
4653
CALL
Allegiant Air
ALGT
$2.34B
| $3.39M | ﹤0.01% |
39,800
-11,900
| -23% | -$851K |
|
4654
CALL
HCI Group
HCI
$2.29B
| $3.39M | ﹤0.01% |
17,700
-225,100
| -93% | -$42.4M |
|
4655
PUT
Bit Digital
BTBT
$566M
| $3.39M | ﹤0.01% |
1,794,800
+175,400
| +11% | +$507K |
|
4656
C4 Therapeutics
CCCC
$522M
| $3.39M | ﹤0.01% |
1,775,783
+1,260,346
| +245% | +$2.99M |
|
4657
CALL
AdaptHealth
AHCO
$775M
| $3.38M | ﹤0.01% |
339,600
+31,800
| +10% | +$304K |
|
4658
Everest Group
EG
$14.2B
| $3.38M | ﹤0.01% |
9,954
-28,925
| -74% | -$9.55M |
|
4659
Global X Defense Tech ETF
SHLD
$7.82B
| $3.38M | ﹤0.01% |
52,116
+17,411
| +50% | +$1.15M |
|
4660
PUT
Installed Building Products
IBP
$6.39B
| $3.37M | ﹤0.01% |
13,000
-62,500
| -83% | -$16.2M |
|
4661
CALL
Leonardo DRS
DRS
$12.2B
| $3.37M | ﹤0.01% |
98,900
-82,100
| -45% | -$3.03M |
|
4662
Amplify Blockchain Technology ETF
BLOK
$1.08B
| $3.37M | ﹤0.01% |
59,257
+33,973
| +134% | +$2.19M |
|
4663
PUT
Teledyne Technologies
TDY
$31.5B
| $3.37M | ﹤0.01% |
6,600
+1,200
| +22% | +$632K |
|
|
SKYT
4664
PUT
DELISTED
SkyWater Technology
SKYT
| $3.37M | ﹤0.01% |
185,600
+18,200
| +11% | +$316K |
|
4665
PUT
Scholar Rock
SRRK
$6.4B
| $3.37M | ﹤0.01% |
76,500
-153,800
| -67% | -$5.77M |
|
4666
PUT
Hallador Energy
HNRG
$762M
| $3.37M | ﹤0.01% |
176,800
+33,500
| +23% | +$679K |
|
|
PPTA
4667
Perpetua Resources
PPTA
$3.16B
| $3.37M | ﹤0.01% |
139,010
+69,806
| +101% | +$1.72M |
|
4668
PUT
Host Hotels & Resorts
HST
$15.7B
| $3.37M | ﹤0.01% |
189,800
-78,500
| -29% | -$1.35M |
|
4669
PUT
Global X MSCI Argentina ETF
ARGT
$808M
| $3.36M | ﹤0.01% |
36,800
+1,900
| +5% | +$162K |
|
4670
CALL
Kyndryl
KD
$2.87B
| $3.36M | ﹤0.01% |
126,600
+33,400
| +36% | +$906K |
|
4671
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $3.36M | ﹤0.01% |
+63,578
| New | +$3.37M |
|
4672
Teradata
TDC
$2.57B
| $3.36M | ﹤0.01% |
110,383
-1,309
| -1% | -$34.3K |
|
4673
CorMedix
CRMD
$588M
| $3.36M | ﹤0.01% |
288,884
-159,541
| -36% | -$1.76M |
|
4674
CALL
UWM Holdings
UWMC
$2.55B
| $3.36M | ﹤0.01% |
766,700
+400
| +0.1% | +$2.15K |
|
4675
PUT
Ero Copper
ERO
$3.53B
| $3.36M | ﹤0.01% |
118,700
+95,500
| +412% | +$2.22M |
|
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.