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 | |
|---|---|---|---|---|---|---|
6651
Seaboard Corp
SEB
$4.18B
| $1.25M | ﹤0.01% |
+282
| New | +$1.12M |
|
6652
PUT
Fulcrum Therapeutics
FULC
$285M
| $1.25M | ﹤0.01% |
110,800
+97,300
| +721% | +$990K |
|
6653
PUT
Seres Therapeutics
MCRB
$45.6M
| $1.25M | ﹤0.01% |
84,200
+7,600
| +10% | +$133K |
|
6654
Vitesse Energy
VTS
$683M
| $1.25M | ﹤0.01% |
65,000
+47,006
| +261% | +$1M |
|
6655
KBR
KBR
$4.84B
| $1.25M | ﹤0.01% |
31,137
-15,878
| -34% | -$681K |
|
|
GEMI
6656
Gemini Space Station
GEMI
$508M
| $1.25M | ﹤0.01% |
126,023
-266,658
| -68% | -$4.16M |
|
|
TSSI
6657
CALL
TSS Inc
TSSI
$273M
| $1.25M | ﹤0.01% |
176,800
-86,100
| -33% | -$1.11M |
|
6658
PUT
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $1.25M | ﹤0.01% |
22,400
-87,000
| -80% | -$4.95M |
|
6659
Federal Agricultural Mortgage
AGM
$2.53B
| $1.25M | ﹤0.01% |
7,116
-9,077
| -56% | -$1.53M |
|
6660
CALL
The Bancorp
TBBK
$2.84B
| $1.25M | ﹤0.01% |
18,500
-13,400
| -42% | -$925K |
|
6661
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $1.25M | ﹤0.01% |
33,895
+1,177
| +4% | +$42.9K |
|
6662
Renasant Corp
RNST
$3.98B
| $1.25M | ﹤0.01% |
35,454
-20,871
| -37% | -$739K |
|
6663
PUT
Valmont Industries
VMI
$9.56B
| $1.25M | ﹤0.01% |
3,100
-2,100
| -40% | -$855K |
|
6664
PUT
Skyward Specialty Insurance
SKWD
$2.42B
| $1.25M | ﹤0.01% |
24,400
+7,400
| +44% | +$356K |
|
6665
ING
ING
$102B
| $1.25M | ﹤0.01% |
44,528
+18,411
| +70% | +$475K |
|
6666
KraneShares 90% KWEB Defined Outcome January 2026 ETF
KBUF
$6.68M
| $1.25M | ﹤0.01% |
40,696
+4,805
| +13% | +$161K |
|
6667
PUT
Vertical Aerospace
EVTL
$142M
| $1.25M | ﹤0.01% |
233,700
+51,300
| +28% | +$260K |
|
6668
PUT
Sanmina
SANM
$11.3B
| $1.25M | ﹤0.01% |
8,300
-20,700
| -71% | -$3.06M |
|
6669
CALL
Ardmore Shipping
ASC
$719M
| $1.25M | ﹤0.01% |
117,600
+89,400
| +317% | +$1.06M |
|
6670
PUT
Acadia Pharmaceuticals
ACAD
$4.87B
| $1.24M | ﹤0.01% |
46,600
-313,600
| -87% | -$7.49M |
|
6671
CALL
MediWound
MDWD
$174M
| $1.24M | ﹤0.01% |
67,400
+28,000
| +71% | +$512K |
|
|
UXJA
6672
FT Vest U.S. Equity Uncapped Accelerator ETF - January
UXJA
$11.9M
| $1.24M | ﹤0.01% |
36,131
| – | – |
|
6673
CALL
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$17.8M
| $1.24M | ﹤0.01% |
34,900
+16,000
| +85% | +$601K |
|
6674
PUT
iShare MSCI Eurozone ETF
EZU
$9.97B
| $1.24M | ﹤0.01% |
19,400
-1,300
| -6% | -$81.5K |
|
6675
Ituran Location and Control
ITRN
$1.06B
| $1.24M | ﹤0.01% |
28,874
+14,228
| +97% | +$558K |
|
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.