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 | |
|---|---|---|---|---|---|---|
|
SMCX
6676
Defiance Daily Target 2X Long SMCI ETF
SMCX
$269M
| $1.24M | ﹤0.01% |
54,468
+3
| +0% | +$167 |
|
6677
Array Technologies
ARRY
$778M
| $1.24M | ﹤0.01% |
134,668
-144,587
| -52% | -$1.24M |
|
6678
CALL
Donaldson
DCI
$11.1B
| $1.24M | ﹤0.01% |
14,000
-3,900
| -22% | -$339K |
|
6679
PUT
ClearPoint Neuro
CLPT
$468M
| $1.24M | ﹤0.01% |
90,700
+31,500
| +53% | +$584K |
|
6680
Vishay Intertechnology
VSH
$5.38B
| $1.24M | ﹤0.01% |
85,604
-34,095
| -28% | -$517K |
|
6681
Cemex
CX
$16B
| $1.24M | ﹤0.01% |
+107,951
| New | +$1.12M |
|
6682
CALL
Twist Bioscience
TWST
$7.44B
| $1.24M | ﹤0.01% |
39,100
-66,800
| -63% | -$2.08M |
|
6683
CALL
Eagle Materials
EXP
$6.4B
| $1.24M | ﹤0.01% |
6,000
-3,100
| -34% | -$684K |
|
|
RC
6684
Ready Capital
RC
$306M
| $1.24M | ﹤0.01% |
568,638
+234,753
| +70% | +$658K |
|
6685
State Street SPDR Global Dow ETF
DGT
$630M
| $1.24M | ﹤0.01% |
+7,435
| New | +$1.23M |
|
6686
Gevo
GEVO
$418M
| $1.24M | ﹤0.01% |
619,668
+70,818
| +13% | +$156K |
|
|
BBT
6687
Beacon Financial Corp
BBT
$2.69B
| $1.24M | ﹤0.01% |
46,982
-620
| -1% | -$15.7K |
|
6688
Helmerich & Payne
HP
$4.42B
| $1.24M | ﹤0.01% |
43,194
-79,934
| -65% | -$2.12M |
|
6689
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$167M
| $1.24M | ﹤0.01% |
22,700
+2,200
| +11% | +$116K |
|
6690
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $1.24M | ﹤0.01% |
26,525
+2,373
| +10% | +$111K |
|
6691
AllianzIM U.S. Equity Buffer10 Sep ETF
SEPT
$33.5M
| $1.24M | ﹤0.01% |
35,190
+19,643
| +126% | +$682K |
|
6692
Perma-Fix Environmental Services
PESI
$369M
| $1.24M | ﹤0.01% |
98,269
+81,151
| +474% | +$1.03M |
|
6693
CALL
Smith & Wesson
SWBI
$643M
| $1.24M | ﹤0.01% |
125,300
-2,700
| -2% | -$26.1K |
|
|
TDAY
6694
USA Today Co
TDAY
$1.03B
| $1.24M | ﹤0.01% |
239,978
+102,095
| +74% | +$480K |
|
|
DEA
6695
CALL
Easterly Government Properties
DEA
$1.17B
| $1.24M | ﹤0.01% |
58,300
-22,100
| -27% | -$480K |
|
6696
PUT
iShares Core S&P Mid-Cap ETF
IJH
$129B
| $1.23M | ﹤0.01% |
18,700
-19,600
| -51% | -$1.28M |
|
6697
CALL
Children's Place
PLCE
$54.3M
| $1.23M | ﹤0.01% |
309,600
-386,000
| -55% | -$2.76M |
|
6698
Bankunited
BKU
$3.44B
| $1.23M | ﹤0.01% |
27,629
-34,492
| -56% | -$1.43M |
|
6699
CALL
Astronics
ATRO
$4.61B
| $1.23M | ﹤0.01% |
27,240
-5,520
| -17% | -$231K |
|
6700
Merit Medical Systems
MMSI
$5.42B
| $1.23M | ﹤0.01% |
13,965
+176
| +1% | +$15K |
|
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.