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 | |
|---|---|---|---|---|---|---|
7626
Lifecore Biomedical
LFCR
$179M
| $817K | ﹤0.01% |
99,881
+61,428
| +160% | +$454K |
|
7627
PepGen
PEPG
$207M
| $817K | ﹤0.01% |
125,498
-6,134
| -5% | -$31.8K |
|
7628
CALL
La-Z-Boy
LZB
$1.67B
| $816K | ﹤0.01% |
21,900
-1,700
| -7% | -$59.6K |
|
7629
CALL
ProShares UltraShort Financials
SKF
$10.4M
| $816K | ﹤0.01% |
32,100
+1,200
| +4% | +$32.7K |
|
|
ACLC
7630
American Century Large Cap Equity ETF
ACLC
$323M
| $816K | ﹤0.01% |
+10,411
| New | +$812K |
|
7631
PUT
Fortress Biotech
FBIO
$97.7M
| $815K | ﹤0.01% |
222,800
+148,500
| +200% | +$423K |
|
7632
Idaho Strategic Resources
IDR
$505M
| $815K | ﹤0.01% |
+20,227
| New | +$773K |
|
7633
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$636M
| $815K | ﹤0.01% |
18,274
-22,734
| -55% | -$1.02M |
|
7634
Vanguard US Quality Factor ETF
VFQY
$506M
| $815K | ﹤0.01% |
+5,311
| New | +$806K |
|
7635
Neogen
NEOG
$2.54B
| $815K | ﹤0.01% |
+116,538
| New | +$733K |
|
|
FCTE
7636
SMI 3Fourteen Full-Cycle Trend ETF
FCTE
$248M
| $814K | ﹤0.01% |
32,704
-9,943
| -23% | -$251K |
|
7637
NETGEAR
NTGR
$656M
| $814K | ﹤0.01% |
33,196
-156,987
| -83% | -$4.52M |
|
7638
Genesco
GCO
$391M
| $814K | ﹤0.01% |
+32,871
| New | +$943K |
|
7639
PUT
Construction Partners
ROAD
$6.9B
| $814K | ﹤0.01% |
7,500
-5,200
| -41% | -$585K |
|
7640
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$249M
| $814K | ﹤0.01% |
34,424
+15,879
| +86% | +$383K |
|
7641
CALL
Vanguard FTSE Pacific ETF
VPL
$8.64B
| $814K | ﹤0.01% |
9,000
-21,500
| -70% | -$1.94M |
|
7642
iShares Core MSCI Pacific ETF
IPAC
$2.78B
| $813K | ﹤0.01% |
11,110
-471
| -4% | -$34.9K |
|
|
HITI
7643
PUT
High Tide
HITI
$206M
| $813K | ﹤0.01% |
306,800
+285,300
| +1,327% | +$847K |
|
7644
CALL
NewtekOne
NEWT
$376M
| $813K | ﹤0.01% |
71,600
+38,600
| +117% | +$421K |
|
7645
Kraneshares MSCI One Belt One Road Index ETF
OBOR
$4.14M
| $813K | ﹤0.01% |
30,642
| – | – |
|
7646
PUT
MidCap Financial Investment
MFIC
$803M
| $812K | ﹤0.01% |
71,000
+56,700
| +397% | +$673K |
|
7647
Equity Lifestyle Properties
ELS
$12.7B
| $811K | ﹤0.01% |
13,383
+2,008
| +18% | +$124K |
|
|
UROY
7648
CALL
Uranium Royalty Corp
UROY
$1.57B
| $811K | ﹤0.01% |
229,100
-99,100
| -30% | -$388K |
|
7649
AngioDynamics
ANGO
$655M
| $811K | ﹤0.01% |
+63,131
| New | +$779K |
|
7650
PUT
Phreesia
PHR
$759M
| $810K | ﹤0.01% |
47,900
-1,700
| -3% | -$35.1K |
|
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.