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 | |
|---|---|---|---|---|---|---|
7151
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.44B
| $1.02M | ﹤0.01% |
11,827
-12,000
| -50% | -$1.01M |
|
7152
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$199M
| $1.02M | ﹤0.01% |
23,742
-28,030
| -54% | -$1.2M |
|
7153
PUT
Amplify Energy
AMPY
$198M
| $1.02M | ﹤0.01% |
222,800
-38,900
| -15% | -$194K |
|
7154
Adtran
ADTN
$684M
| $1.02M | ﹤0.01% |
117,113
-327,159
| -74% | -$2.84M |
|
7155
Griffon
GFF
$4.72B
| $1.02M | ﹤0.01% |
13,812
+4,008
| +41% | +$298K |
|
|
ITWO
7156
ProShares Russell 2000 High Income ETF
ITWO
$203M
| $1.02M | ﹤0.01% |
+25,607
| New | +$1.02M |
|
7157
iShares MSCI Saudi Arabia ETF
KSA
$624M
| $1.02M | ﹤0.01% |
27,917
-49,630
| -64% | -$1.92M |
|
|
ZAPR
7158
Innovator Equity Defined Protection ETF - 1 Yr April
ZAPR
$64.6M
| $1.02M | ﹤0.01% |
39,389
+5,330
| +16% | +$136K |
|
|
EMET
7159
VanEck Copper and Electrification Metals ETF
EMET
$36.3M
| $1.01M | ﹤0.01% |
27,402
+18,554
| +210% | +$621K |
|
7160
PUT
Lazard
LAZ
$4.35B
| $1.01M | ﹤0.01% |
20,900
+5,100
| +32% | +$254K |
|
7161
PUT
IDEX
IEX
$17.6B
| $1.01M | ﹤0.01% |
5,700
-400
| -7% | -$68.3K |
|
7162
PUT
Exponent
EXPO
$3.19B
| $1.01M | ﹤0.01% |
14,600
-2,700
| -16% | -$190K |
|
7163
AXS Green Alpha ETF
NXTE
$52.7M
| $1.01M | ﹤0.01% |
26,284
+11,144
| +74% | +$438K |
|
7164
Old Republic International
ORI
$10.3B
| $1.01M | ﹤0.01% |
22,202
-20,600
| -48% | -$894K |
|
7165
Nuvectis Pharma
NVCT
$618M
| $1.01M | ﹤0.01% |
134,154
+43,275
| +48% | +$282K |
|
7166
CALL
Byrna Technologies
BYRN
$95.5M
| $1.01M | ﹤0.01% |
60,300
-73,100
| -55% | -$1.42M |
|
7167
Amtech Systems
ASYS
$281M
| $1.01M | ﹤0.01% |
80,630
+60,693
| +304% | +$547K |
|
7168
CALL
Littelfuse
LFUS
$11.6B
| $1.01M | ﹤0.01% |
4,000
+2,600
| +186% | +$662K |
|
7169
PUT
Direxion Daily AAPL Bull 2X ETF
AAPU
$188M
| $1.01M | ﹤0.01% |
30,100
-64,000
| -68% | -$2.24M |
|
7170
CALL
FTAI Infrastructure
FIP
$533M
| $1.01M | ﹤0.01% |
219,200
+11,800
| +6% | +$58.1K |
|
7171
PUT
International Seaways
INSW
$4.81B
| $1.01M | ﹤0.01% |
20,800
-12,000
| -37% | -$594K |
|
7172
CALL
A2Z Smart Technologies
AZ
$326M
| $1.01M | ﹤0.01% |
155,100
-136,300
| -47% | -$876K |
|
7173
CALL
Geospace Technologies
GEOS
$72.4M
| $1.01M | ﹤0.01% |
59,700
-206,500
| -78% | -$4.15M |
|
|
OSG
7174
CALL
Octave Specialty Group
OSG
$221M
| $1.01M | ﹤0.01% |
129,700
-605,700
| -82% | -$5.18M |
|
7175
CALL
HNI Corp
HNI
$3.53B
| $1.01M | ﹤0.01% |
+24,000
| New | +$1.01M |
|
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.