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 | |
|---|---|---|---|---|---|---|
|
ELE
6976
Elemental Royalty Corp
ELE
$1.36B
| $1.09M | ﹤0.01% |
+64,341
| New | +$991K |
|
6977
Porch Group
PRCH
$1.97B
| $1.09M | ﹤0.01% |
119,535
-163,951
| -58% | -$1.97M |
|
|
TSMU
6978
GraniteShares 2x Long TSM Daily ETF
TSMU
$66.6M
| $1.09M | ﹤0.01% |
24,891
+18,068
| +265% | +$760K |
|
6979
Par Pacific Holdings
PARR
$4.02B
| $1.09M | ﹤0.01% |
31,045
-9,962
| -24% | -$396K |
|
6980
ICF International
ICFI
$1.59B
| $1.09M | ﹤0.01% |
12,781
+1,844
| +17% | +$157K |
|
6981
Resideo Technologies
REZI
$3.11B
| $1.09M | ﹤0.01% |
31,036
-37,140
| -54% | -$1.37M |
|
6982
Trustmark
TRMK
$2.8B
| $1.09M | ﹤0.01% |
27,983
-211
| -0.7% | -$8.21K |
|
|
DHC
6983
CALL
Diversified Healthcare Trust
DHC
$2.03B
| $1.09M | ﹤0.01% |
224,700
-12,600
| -5% | -$57.1K |
|
6984
Direxion Daily Technology Bear 3x ETF
TECS
$59.6M
| $1.09M | ﹤0.01% |
6,302
+1,588
| +34% | +$281K |
|
6985
CALL
Allegro MicroSystems
ALGM
$8.27B
| $1.09M | ﹤0.01% |
41,300
+2,300
| +6% | +$63.3K |
|
6986
PUT
Mine Safety
MSA
$7.3B
| $1.09M | ﹤0.01% |
6,800
-7,200
| -51% | -$1.17M |
|
6987
LifeMD
LFMD
$166M
| $1.09M | ﹤0.01% |
319,322
+45,141
| +16% | +$219K |
|
6988
AllianzIM US Equity 6 Month Floor5 Apr/Oct ETF
FLAO
$8.57M
| $1.09M | ﹤0.01% |
38,304
+7,827
| +26% | +$220K |
|
6989
CALL
loanDepot
LDI
$303M
| $1.09M | ﹤0.01% |
525,600
-431,400
| -45% | -$1.2M |
|
6990
Karyopharm Therapeutics
KPTI
$45.8M
| $1.09M | ﹤0.01% |
147,698
+112,359
| +318% | +$687K |
|
6991
PUT
ING
ING
$102B
| $1.09M | ﹤0.01% |
38,800
+3,900
| +11% | +$101K |
|
6992
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$319M
| $1.09M | ﹤0.01% |
23,897
-18,788
| -44% | -$859K |
|
6993
PUT
Flowers Foods
FLO
$1.59B
| $1.09M | ﹤0.01% |
99,800
+84,800
| +565% | +$985K |
|
6994
CALL
Calix
CALX
$2.49B
| $1.09M | ﹤0.01% |
20,500
-12,300
| -38% | -$716K |
|
6995
ProShares UltraShort Silver
ZSL
$64.2M
| $1.08M | ﹤0.01% |
20,313
+18,715
| +1,171% | +$2.06M |
|
|
LENZ
6996
LENZ Therapeutics
LENZ
$149M
| $1.08M | ﹤0.01% |
67,722
+17,171
| +34% | +$500K |
|
6997
CALL
Dorian LPG
LPG
$2.03B
| $1.08M | ﹤0.01% |
44,500
-49,900
| -53% | -$1.31M |
|
6998
CALL
Ingles Markets
IMKTA
$1.65B
| $1.08M | ﹤0.01% |
15,800
+10,700
| +210% | +$778K |
|
6999
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$755M
| $1.08M | ﹤0.01% |
16,437
+3,439
| +26% | +$227K |
|
7000
CALL
Virtu Financial
VIRT
$5.3B
| $1.08M | ﹤0.01% |
32,500
-47,600
| -59% | -$1.63M |
|
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.