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 | |
|---|---|---|---|---|---|---|
5201
CALL
iShares US Transportation ETF
IYT
$2.28B
| $2.5M | ﹤0.01% |
33,500
+9,600
| +40% | +$698K |
|
5202
FNB Corp
FNB
$6.93B
| $2.49M | ﹤0.01% |
145,885
-99,210
| -40% | -$1.62M |
|
5203
Moog Inc Class A
MOG.A
$14B
| $2.49M | ﹤0.01% |
10,239
+4,673
| +84% | +$1.03M |
|
5204
Direxion Daily Mid Cap Bull 3X ETF
MIDU
$81.8M
| $2.49M | ﹤0.01% |
49,117
+11,813
| +32% | +$592K |
|
5205
Microbot Medical
MBOT
$104M
| $2.49M | ﹤0.01% |
1,245,123
-4,902
| -0.4% | -$11.6K |
|
5206
Fidelity MSCI Materials Index ETF
FMAT
$614M
| $2.49M | ﹤0.01% |
46,853
+14,117
| +43% | +$729K |
|
5207
CALL
Vanda Pharmaceuticals
VNDA
$316M
| $2.49M | ﹤0.01% |
282,100
+230,200
| +444% | +$1.27M |
|
5208
PUT
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $2.49M | ﹤0.01% |
33,800
+12,800
| +61% | +$931K |
|
5209
CALL
EPR Properties
EPR
$4.69B
| $2.49M | ﹤0.01% |
49,800
-74,600
| -60% | -$3.88M |
|
5210
AtaiBeckley Inc
ATAI
$2.69B
| $2.48M | ﹤0.01% |
607,528
+157,673
| +35% | +$744K |
|
5211
Travere Therapeutics
TVTX
$5.86B
| $2.48M | ﹤0.01% |
+64,972
| New | +$2.11M |
|
5212
loanDepot
LDI
$303M
| $2.48M | ﹤0.01% |
1,198,671
-221,099
| -16% | -$614K |
|
5213
CALL
Amplify Energy
AMPY
$198M
| $2.48M | ﹤0.01% |
542,800
-128,800
| -19% | -$641K |
|
5214
CALL
TFI International
TFII
$12.1B
| $2.48M | ﹤0.01% |
24,000
-2,900
| -11% | -$270K |
|
5215
Virgin Galactic
SPCE
$503M
| $2.48M | ﹤0.01% |
772,345
+677,454
| +714% | +$2.55M |
|
5216
Rush Street Interactive
RSI
$2.96B
| $2.48M | ﹤0.01% |
127,596
-92,067
| -42% | -$1.7M |
|
5217
WSFS Financial
WSFS
$4.17B
| $2.47M | ﹤0.01% |
44,749
+12,528
| +39% | +$686K |
|
5218
Achieve Life Sciences
ACHV
$779M
| $2.47M | ﹤0.01% |
496,350
+129,987
| +35% | +$567K |
|
5219
Trinity Capital Inc
TRIN
$1.72B
| $2.47M | ﹤0.01% |
+168,330
| New | +$2.51M |
|
5220
CALL
EyePoint Inc
EYPT
$1.27B
| $2.46M | ﹤0.01% |
134,600
+94,400
| +235% | +$1.34M |
|
5221
CALL
Microvast
MVST
$322M
| $2.46M | ﹤0.01% |
877,300
-909,800
| -51% | -$3.8M |
|
|
HELP
5222
Cybin Inc
HELP
$743M
| $2.46M | ﹤0.01% |
300,230
+26,435
| +10% | +$170K |
|
5223
Invesco S&P 100 Equal Weight ETF
EQWL
$2.8B
| $2.46M | ﹤0.01% |
+20,782
| New | +$2.42M |
|
5224
PUT
Core & Main
CNM
$8.61B
| $2.45M | ﹤0.01% |
47,200
-66,800
| -59% | -$3.43M |
|
|
TSOL
5225
21Shares Solana ETF
TSOL
$2.62M
| $2.45M | ﹤0.01% |
+196,492
| New | +$2.58M |
|
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.