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 | |
|---|---|---|---|---|---|---|
5601
ClearPoint Neuro
CLPT
$468M
| $2.06M | ﹤0.01% |
+150,556
| New | +$2.79M |
|
5602
Amplify Energy
AMPY
$198M
| $2.06M | ﹤0.01% |
450,551
-534,085
| -54% | -$2.66M |
|
5603
Sundial Growers
SNDL
$313M
| $2.06M | ﹤0.01% |
1,240,368
+1,162,846
| +1,500% | +$2.33M |
|
|
TPC
5604
PUT
Tutor Perini Cor
TPC
$5.09B
| $2.06M | ﹤0.01% |
30,700
-261,700
| -90% | -$17.2M |
|
5605
Shoals Technologies Group
SHLS
$1.42B
| $2.06M | ﹤0.01% |
241,842
+38,218
| +19% | +$343K |
|
5606
PUT
Twist Bioscience
TWST
$7.44B
| $2.06M | ﹤0.01% |
64,800
+26,700
| +70% | +$833K |
|
5607
CALL
MBIA
MBI
$264M
| $2.05M | ﹤0.01% |
287,000
-401,300
| -58% | -$2.9M |
|
5608
CALL
iPath Series B S&P 500 VIX Mid-Term Futures ETN
VXZ
$30.5M
| $2.05M | ﹤0.01% |
38,400
+3,100
| +9% | +$174K |
|
5609
CALL
Anavex Life Sciences
AVXL
$298M
| $2.05M | ﹤0.01% |
576,700
-16,900
| -3% | -$104K |
|
5610
CALL
MakeMyTrip
MMYT
$5.68B
| $2.05M | ﹤0.01% |
25,000
-23,500
| -48% | -$1.93M |
|
5611
Fidelity Quality Factor ETF
FQAL
$1.46B
| $2.05M | ﹤0.01% |
27,140
+19,624
| +261% | +$1.47M |
|
|
MFA
5612
PUT
MFA Financial
MFA
$926M
| $2.05M | ﹤0.01% |
220,300
+11,500
| +6% | +$107K |
|
5613
PUT
City Holding Co
CHCO
$2.07B
| $2.05M | ﹤0.01% |
+17,200
| New | +$2.09M |
|
5614
PUT
Concentrix
CNXC
$1.49B
| $2.05M | ﹤0.01% |
49,300
-9,200
| -16% | -$373K |
|
5615
CALL
Genworth Financial
GNW
$3.84B
| $2.05M | ﹤0.01% |
226,800
-316,300
| -58% | -$2.75M |
|
5616
FT Vest US Equity Buffer ETF July
FJUL
$1.26B
| $2.05M | ﹤0.01% |
36,624
+18,526
| +102% | +$1.02M |
|
5617
CALL
Perimeter Solutions
PRM
$5.55B
| $2.05M | ﹤0.01% |
74,300
-36,500
| -33% | -$922K |
|
5618
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$747M
| $2.04M | ﹤0.01% |
+41,740
| New | +$2.01M |
|
5619
PUT
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $2.04M | ﹤0.01% |
39,500
+16,700
| +73% | +$887K |
|
5620
PUT
United Natural Foods
UNFI
$2.93B
| $2.04M | ﹤0.01% |
60,700
-9,500
| -14% | -$353K |
|
5621
First Trust Materials AlphaDEX Fund
FXZ
$390M
| $2.04M | ﹤0.01% |
31,517
-9,466
| -23% | -$589K |
|
5622
iRadimed
IRMD
$1.11B
| $2.04M | ﹤0.01% |
20,995
+18,145
| +637% | +$1.56M |
|
|
NVMI
5623
Nova
NVMI
$13.3B
| $2.04M | ﹤0.01% |
6,219
+3,254
| +110% | +$1.05M |
|
5624
Vanguard Russell 1000 Growth ETF
VONG
$46.1B
| $2.04M | ﹤0.01% |
16,767
+1,797
| +12% | +$219K |
|
|
ORCX
5625
Defiance Daily Target 2X Long ORCL ETF
ORCX
$297M
| $2.04M | ﹤0.01% |
39,485
+37,407
| +1,800% | +$3.17M |
|
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.