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 | |
|---|---|---|---|---|---|---|
5901
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.3B
| $1.77M | ﹤0.01% |
100,224
+71,751
| +252% | +$1.25M |
|
|
TTAN
5902
ServiceTitan Inc
TTAN
$8.62B
| $1.77M | ﹤0.01% |
16,626
-25,725
| -61% | -$2.51M |
|
5903
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $1.77M | ﹤0.01% |
31,700
-17,700
| -36% | -$982K |
|
5904
PUT
Direxion Daily MSFT Bull 2X ETF
MSFU
$770M
| $1.77M | ﹤0.01% |
42,700
+11,500
| +37% | +$547K |
|
5905
Kiniksa Pharmaceuticals
KNSA
$5.99B
| $1.77M | ﹤0.01% |
42,897
+35,958
| +518% | +$1.44M |
|
5906
Vail Resorts
MTN
$5.28B
| $1.77M | ﹤0.01% |
13,316
-297,653
| -96% | -$43.8M |
|
5907
CALL
Monte Rosa Therapeutics
GLUE
$1.32B
| $1.77M | ﹤0.01% |
112,700
-8,200
| -7% | -$110K |
|
5908
CALL
Zevra Therapeutics
ZVRA
$672M
| $1.77M | ﹤0.01% |
197,200
+23,900
| +14% | +$226K |
|
5909
WaFd
WAFD
$2.81B
| $1.77M | ﹤0.01% |
55,146
+1,214
| +2% | +$37.5K |
|
5910
CALL
Kimco Realty
KIM
$16.4B
| $1.77M | ﹤0.01% |
87,100
+60,200
| +224% | +$1.25M |
|
|
KBAB
5911
KraneShares 2x Long BABA Daily ETF
KBAB
$3.46M
| $1.76M | ﹤0.01% |
123,627
+42,077
| +52% | +$1.16M |
|
5912
FT Vest US Equity Moderate Buffer ETF December
GDEC
$439M
| $1.76M | ﹤0.01% |
46,622
+40,998
| +729% | +$1.52M |
|
5913
CALL
iShares S&P Small-Cap 600 Value ETF
IJS
$8.45B
| $1.76M | ﹤0.01% |
15,500
+8,100
| +109% | +$908K |
|
5914
Westlake Corp
WLK
$10.2B
| $1.76M | ﹤0.01% |
23,801
+14,957
| +169% | +$1.06M |
|
5915
Fractyl Health
GUTS
$108M
| $1.76M | ﹤0.01% |
+799,457
| New | +$1.29M |
|
5916
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$167M
| $1.76M | ﹤0.01% |
32,212
-17,210
| -35% | -$910K |
|
|
VTYX
5917
CALL
DELISTED
Ventyx Biosciences
VTYX
| $1.76M | ﹤0.01% |
194,600
+109,100
| +128% | +$815K |
|
5918
Repay Holdings
RPAY
$329M
| $1.76M | ﹤0.01% |
481,277
+216,873
| +82% | +$869K |
|
5919
Pathward Financial
CASH
$1.8B
| $1.75M | ﹤0.01% |
24,718
-10,533
| -30% | -$755K |
|
5920
Ring Energy
REI
$357M
| $1.75M | ﹤0.01% |
2,014,141
+1,508,791
| +299% | +$1.44M |
|
5921
Littelfuse
LFUS
$11.6B
| $1.75M | ﹤0.01% |
6,926
+5,281
| +321% | +$1.34M |
|
5922
CALL
Workiva
WK
$3.84B
| $1.75M | ﹤0.01% |
20,300
-14,900
| -42% | -$1.32M |
|
5923
CALL
Fomento Económico Mexicano
FMX
$40.3B
| $1.75M | ﹤0.01% |
17,300
-165,500
| -91% | -$16.1M |
|
5924
Franklin US Core Dividend Tilt Index ETF
UDIV
$147M
| $1.75M | ﹤0.01% |
32,898
+14,996
| +84% | +$792K |
|
5925
CALL
Federal Signal
FSS
$7.68B
| $1.75M | ﹤0.01% |
16,100
-1,900
| -11% | -$218K |
|
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.