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 | |
|---|---|---|---|---|---|---|
6926
PUT
Par Pacific Holdings
PARR
$4.02B
| $1.12M | ﹤0.01% |
31,900
-65,400
| -67% | -$2.6M |
|
|
JOYT
6927
JPMorgan Equity and Options Total Return ETF
JOYT
$99.5M
| $1.12M | ﹤0.01% |
20,577
-14,489
| -41% | -$768K |
|
|
INDH
6928
WisdomTree India Hedged Equity Fund
INDH
$5.91M
| $1.12M | ﹤0.01% |
26,423
-172
| -0.6% | -$7.49K |
|
6929
PUT
NOV
NOV
$7.54B
| $1.12M | ﹤0.01% |
71,600
-111,400
| -61% | -$1.65M |
|
6930
PUT
BlueLinx
BXC
$680M
| $1.12M | ﹤0.01% |
+18,200
| New | +$1.18M |
|
|
UCTT
6931
PUT
Ultra Clean Holdings
UCTT
$3.85B
| $1.12M | ﹤0.01% |
44,100
+23,800
| +117% | +$633K |
|
|
TEN
6932
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $1.12M | ﹤0.01% |
49,793
-65,220
| -57% | -$1.53M |
|
6933
CALL
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.55B
| $1.12M | ﹤0.01% |
25,100
+5,900
| +31% | +$260K |
|
6934
CALL
EVgo
EVGO
$519M
| $1.12M | ﹤0.01% |
383,300
-111,200
| -22% | -$404K |
|
6935
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$77.4M
| $1.12M | ﹤0.01% |
14,987
+10,493
| +233% | +$1.01M |
|
6936
PUT
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $1.11M | ﹤0.01% |
47,800
-77,800
| -62% | -$1.63M |
|
6937
IDT Corp
IDT
$1.66B
| $1.11M | ﹤0.01% |
21,742
-18,178
| -46% | -$911K |
|
6938
PUT
American Battery Technology Co
ABAT
$340M
| $1.11M | ﹤0.01% |
333,100
+125,500
| +60% | +$588K |
|
6939
Valaris
VAL
$5.95B
| $1.11M | ﹤0.01% |
22,049
-18,965
| -46% | -$1.02M |
|
6940
PUT
Amplify Alternative Harvest ETF
MJ
$110M
| $1.11M | ﹤0.01% |
37,300
+12,700
| +52% | +$403K |
|
6941
ProShares K-1 Free Crude Oil Strategy ETF
OILK
$234M
| $1.11M | ﹤0.01% |
29,797
+19,482
| +189% | +$747K |
|
6942
Elanco Animal Health
ELAN
$11.8B
| $1.11M | ﹤0.01% |
49,016
+38,236
| +355% | +$832K |
|
|
ICOI
6943
DELISTED
Bitwise COIN Option Income Strategy ETF
ICOI
| $1.11M | ﹤0.01% |
68,976
-21,994
| -24% | -$569K |
|
|
GOOS
6944
PUT
Canada Goose Holdings
GOOS
$854M
| $1.11M | ﹤0.01% |
85,500
-80,600
| -49% | -$1.07M |
|
6945
Invesco Financial Preferred ETF
PGF
$668M
| $1.11M | ﹤0.01% |
78,287
+41,321
| +112% | +$593K |
|
6946
Verastem
VSTM
$596M
| $1.11M | ﹤0.01% |
143,318
-54,368
| -28% | -$485K |
|
6947
PUT
Abeona Therapeutics
ABEO
$342M
| $1.11M | ﹤0.01% |
209,900
+16,200
| +8% | +$81.5K |
|
|
ADBG
6948
Leverage Shares 2X Long ADBE Daily ETF
ADBG
$35.7M
| $1.11M | ﹤0.01% |
+108,226
| New | +$1.07M |
|
6949
Harbor International Compounders ETF
OSEA
$493M
| $1.11M | ﹤0.01% |
+36,560
| New | +$1.11M |
|
6950
SSR Mining
SSRM
$6.56B
| $1.11M | ﹤0.01% |
50,418
-42,925
| -46% | -$955K |
|
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.