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 | |
|---|---|---|---|---|---|---|
6576
Saic
SAIC
$5.36B
| $1.31M | ﹤0.01% |
12,985
+5,026
| +63% | +$480K |
|
6577
Procept Biorobotics
PRCT
$1.24B
| $1.31M | ﹤0.01% |
41,505
+33,408
| +413% | +$1.11M |
|
|
HOLX
6578
PUT
DELISTED
Hologic
HOLX
| $1.3M | ﹤0.01% |
17,500
-351,900
| -95% | -$25.7M |
|
6579
Coastal Financial
CCB
$802M
| $1.3M | ﹤0.01% |
11,375
+1,219
| +12% | +$133K |
|
|
RBIL
6580
F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF
RBIL
$154M
| $1.3M | ﹤0.01% |
+26,242
| New | +$1.31M |
|
6581
CALL
ARS Pharmaceuticals
SPRY
$562M
| $1.3M | ﹤0.01% |
111,700
-173,700
| -61% | -$1.69M |
|
6582
PUT
Camping World
CWH
$662M
| $1.3M | ﹤0.01% |
133,700
+55,700
| +71% | +$690K |
|
|
HIMX
6583
PUT
Himax Technologies
HIMX
$2.66B
| $1.3M | ﹤0.01% |
158,800
+57,400
| +57% | +$485K |
|
6584
Alarm.com
ALRM
$2.73B
| $1.3M | ﹤0.01% |
25,487
+1,362
| +6% | +$69.4K |
|
6585
Fidelity Emerging Markets Multifactor ETF
FDEM
$591M
| $1.3M | ﹤0.01% |
+42,100
| New | +$1.29M |
|
6586
Milestone Pharmaceuticals
MIST
$137M
| $1.3M | ﹤0.01% |
643,300
+386,528
| +151% | +$833K |
|
6587
CALL
Radian Group
RDN
$4.98B
| $1.3M | ﹤0.01% |
36,100
-7,900
| -18% | -$276K |
|
6588
PUT
Indivior Pharmaceuticals
INDV
$4.6B
| $1.3M | ﹤0.01% |
36,200
+21,700
| +150% | +$663K |
|
6589
CALL
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.46B
| $1.3M | ﹤0.01% |
88,900
+15,900
| +22% | +$245K |
|
6590
PUT
Anavex Life Sciences
AVXL
$298M
| $1.3M | ﹤0.01% |
364,500
-332,900
| -48% | -$2.04M |
|
6591
HealthEquity
HQY
$8.76B
| $1.3M | ﹤0.01% |
14,164
+6,537
| +86% | +$626K |
|
6592
Hancock Whitney
HWC
$6.4B
| $1.3M | ﹤0.01% |
20,374
-26,305
| -56% | -$1.6M |
|
6593
Equinox Gold
EQX
$13.5B
| $1.3M | ﹤0.01% |
92,274
-46,176
| -33% | -$583K |
|
|
PEW
6594
CALL
GrabAGun Digital Holdings
PEW
$75.3M
| $1.29M | ﹤0.01% |
430,100
+143,600
| +50% | +$573K |
|
6595
PUT
Service Corp International
SCI
$11.5B
| $1.29M | ﹤0.01% |
16,600
-31,500
| -65% | -$2.52M |
|
6596
Upexi
UPXI
$54.9M
| $1.29M | ﹤0.01% |
769,732
+18,253
| +2% | +$68.9K |
|
|
PLTU
6597
Direxion Daily PLTR Bull 2X ETF
PLTU
$508M
| $1.29M | ﹤0.01% |
17,560
-18,271
| -51% | -$1.68M |
|
|
NAVN
6598
PUT
Navan Inc
NAVN
$7.44B
| $1.29M | ﹤0.01% |
+75,600
| New | +$1.2M |
|
|
FLG
6599
Flagstar Bank National Association
FLG
$5.92B
| $1.29M | ﹤0.01% |
102,496
-199,447
| -66% | -$2.38M |
|
|
CADE
6600
CALL
DELISTED
Cadence Bank
CADE
| $1.29M | ﹤0.01% |
30,100
+3,400
| +13% | +$135K |
|
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.