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 | |
|---|---|---|---|---|---|---|
7326
Genelux
GNLX
$124M
| $943K | ﹤0.01% |
216,323
+163,940
| +313% | +$886K |
|
7327
Kontoor Brands
KTB
$4.64B
| $943K | ﹤0.01% |
15,433
-2,581
| -14% | -$192K |
|
7328
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $943K | ﹤0.01% |
25,412
+16,497
| +185% | +$573K |
|
|
RDNW
7329
RideNow Group
RDNW
$248M
| $941K | ﹤0.01% |
170,503
+4,144
| +2% | +$19.4K |
|
7330
CALL
Trevi Therapeutics
TRVI
$2.63B
| $940K | ﹤0.01% |
75,100
-337,600
| -82% | -$3.9M |
|
7331
CALL
Progyny
PGNY
$2.02B
| $940K | ﹤0.01% |
36,600
-54,200
| -60% | -$1.25M |
|
7332
ProShares Ultra Financials
UYG
$860M
| $939K | ﹤0.01% |
10,232
+4,372
| +75% | +$417K |
|
7333
PUT
Universal Corp
UVV
$1.11B
| $939K | ﹤0.01% |
17,800
-1,700
| -9% | -$90.3K |
|
7334
PUT
Kodak
KODK
$979M
| $937K | ﹤0.01% |
110,800
-134,700
| -55% | -$1.01M |
|
|
MSTU
7335
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$296M
| $937K | ﹤0.01% |
112,770
-28,077
| -20% | -$664K |
|
7336
AGF US Market Neutral Anti-Beta Fund
BTAL
$298M
| $937K | ﹤0.01% |
65,108
+26,177
| +67% | +$394K |
|
7337
Janus Henderson B-BBB CLO ETF
JBBB
$1.43B
| $937K | ﹤0.01% |
19,636
+11,343
| +137% | +$543K |
|
7338
PUT
Nordic American Tanker
NAT
$1.42B
| $936K | ﹤0.01% |
272,100
-140,200
| -34% | -$496K |
|
7339
PUT
Manhattan Associates
MANH
$11.5B
| $936K | ﹤0.01% |
5,400
-9,500
| -64% | -$1.74M |
|
7340
WisdomTree US Multifactor Fund
USMF
$305M
| $934K | ﹤0.01% |
+18,228
| New | +$934K |
|
7341
CALL
Standex International
SXI
$4.01B
| $934K | ﹤0.01% |
4,300
+1,400
| +48% | +$325K |
|
7342
PUT
Huron Consulting
HURN
$2.42B
| $934K | ﹤0.01% |
5,400
-500
| -8% | -$81.9K |
|
7343
Radware
RDWR
$1.23B
| $933K | ﹤0.01% |
38,715
-4,160
| -10% | -$102K |
|
|
AIRO
7344
AIRO Group Holdings
AIRO
$302M
| $932K | ﹤0.01% |
113,921
-44,847
| -28% | -$578K |
|
7345
CALL
Central Pacific Financial
CPF
$996M
| $932K | ﹤0.01% |
29,900
+23,000
| +333% | +$693K |
|
7346
Simplify Intermediate Term Treasury Futures Strategy ETF
TYA
$65.3M
| $932K | ﹤0.01% |
69,000
-16,287
| -19% | -$224K |
|
7347
Annexon
ANNX
$1B
| $931K | ﹤0.01% |
185,508
+34,258
| +23% | +$131K |
|
7348
DoubleLine Fortune 500 Equal Weight ETF
DFVE
$38.5M
| $931K | ﹤0.01% |
29,167
+20,047
| +220% | +$632K |
|
7349
PUT
Microvast
MVST
$322M
| $930K | ﹤0.01% |
332,300
-45,300
| -12% | -$189K |
|
7350
MGP Ingredients
MGPI
$379M
| $930K | ﹤0.01% |
+38,287
| New | +$933K |
|
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.