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 | |
|---|---|---|---|---|---|---|
|
FFAI
6426
CALL
Faraday Future Intelligent Electric
FFAI
$10M
| $1.39M | ﹤0.01% |
9,077
+6,010
| +196% | +$1.12M |
|
6427
Lexicon Pharmaceuticals
LXRX
$1.03B
| $1.39M | ﹤0.01% |
1,207,242
+245,182
| +25% | +$337K |
|
6428
AllianzIM U.S. Equity Buffer20 Jul ETF
JULW
$252M
| $1.39M | ﹤0.01% |
35,484
+14,955
| +73% | +$578K |
|
|
TSLI
6429
ProShares Ultra TSLA
TSLI
$4.09M
| $1.39M | ﹤0.01% |
39,079
+14,939
| +62% | +$566K |
|
|
CRON
6430
PUT
Cronos Group
CRON
$1.16B
| $1.39M | ﹤0.01% |
527,400
-166,400
| -24% | -$430K |
|
6431
CALL
Manulife Financial
MFC
$73.8B
| $1.39M | ﹤0.01% |
38,200
-37,500
| -50% | -$1.27M |
|
6432
UFP Industries
UFPI
$4.96B
| $1.38M | ﹤0.01% |
15,205
-19,326
| -56% | -$1.77M |
|
|
KAT
6433
Scharf ETF
KAT
$678M
| $1.38M | ﹤0.01% |
25,170
+21,544
| +594% | +$1.18M |
|
6434
Rekor Systems
REKR
$98.2M
| $1.38M | ﹤0.01% |
1,003,123
+197,380
| +24% | +$403K |
|
|
SMAX
6435
iShares Large Cap Max Buffer Sep ETF
SMAX
$89.1M
| $1.38M | ﹤0.01% |
+51,333
| New | +$1.38M |
|
6436
State Street SPDR ICE Preferred Securities ETF
PSK
$683M
| $1.38M | ﹤0.01% |
43,652
+23,328
| +115% | +$754K |
|
6437
InMode
INMD
$872M
| $1.38M | ﹤0.01% |
94,120
-101,240
| -52% | -$1.49M |
|
|
CPRA
6438
Calamos Russell 2000 Structured Alt Protection ETF - April
CPRA
$14M
| $1.38M | ﹤0.01% |
52,092
+19,990
| +62% | +$525K |
|
6439
Oceaneering
OII
$5.2B
| $1.38M | ﹤0.01% |
57,500
+19,910
| +53% | +$481K |
|
6440
SEI Investments
SEIC
$12.8B
| $1.38M | ﹤0.01% |
16,844
-368
| -2% | -$30.2K |
|
6441
DigitalOcean
DOCN
$15.3B
| $1.38M | ﹤0.01% |
28,683
-423,131
| -94% | -$18.6M |
|
6442
PUT
EnerSys
ENS
$7.34B
| $1.38M | ﹤0.01% |
9,400
+4,900
| +109% | +$654K |
|
6443
Universal Display
OLED
$4.09B
| $1.38M | ﹤0.01% |
11,811
-10,655
| -47% | -$1.38M |
|
6444
Schneider National
SNDR
$6.33B
| $1.38M | ﹤0.01% |
51,953
-11,056
| -18% | -$261K |
|
6445
CALL
Safe Bulkers
SB
$789M
| $1.38M | ﹤0.01% |
285,800
+198,300
| +227% | +$941K |
|
6446
PUT
CubeSmart
CUBE
$9.34B
| $1.38M | ﹤0.01% |
38,200
+23,500
| +160% | +$893K |
|
6447
PUT
UFP Technologies
UFPT
$2.49B
| $1.38M | ﹤0.01% |
6,200
-6,100
| -50% | -$1.31M |
|
6448
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
$288M
| $1.38M | ﹤0.01% |
50,184
+32,579
| +185% | +$890K |
|
|
TECX
6449
CALL
Tectonic Therapeutic
TECX
$682M
| $1.37M | ﹤0.01% |
65,900
-82,200
| -56% | -$1.53M |
|
6450
PUT
HDFC Bank
HDB
$120B
| $1.37M | ﹤0.01% |
37,600
-43,800
| -54% | -$1.58M |
|
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.