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 | |
|---|---|---|---|---|---|---|
7676
CALL
T-Rex 2X Inverse Tesla Daily Target ETF
TSLZ
$28M
| $801K | ﹤0.01% |
67,500
-58,760
| -47% | -$779K |
|
7677
iShares Large Cap Moderate Quarterly Laddered ETF
IVVM
$178M
| $801K | ﹤0.01% |
+23,028
| New | +$796K |
|
7678
PUT
Saratoga Investment
SAR
$304M
| $801K | ﹤0.01% |
34,700
+3,100
| +10% | +$70.3K |
|
7679
Full Truck Alliance
YMM
$9.14B
| $800K | ﹤0.01% |
74,576
+51,564
| +224% | +$618K |
|
7680
Innovator US Equity Ultra Buffer ETF October
UOCT
$181M
| $800K | ﹤0.01% |
+20,493
| New | +$793K |
|
7681
CALL
Dianthus Therapeutics
DNTH
$6.49B
| $799K | ﹤0.01% |
19,400
-122,800
| -86% | -$4.76M |
|
7682
PUT
Columbia Banking Systems
COLB
$9.25B
| $799K | ﹤0.01% |
28,600
+1,500
| +6% | +$40.6K |
|
7683
RH Tactical Rotation ETF
RHRX
$41.2M
| $799K | ﹤0.01% |
43,406
+522
| +1% | +$9.55K |
|
7684
CALL
Fox Class B
FOX
$25.8B
| $799K | ﹤0.01% |
12,300
-2,200
| -15% | -$128K |
|
7685
PUT
Ginkgo Bioworks
DNA
$457M
| $799K | ﹤0.01% |
96,100
-189,300
| -66% | -$2.04M |
|
7686
ACM Research
ACMR
$5.6B
| $799K | ﹤0.01% |
20,243
-100,363
| -83% | -$3.74M |
|
7687
Levi Strauss
LEVI
$8.68B
| $798K | ﹤0.01% |
38,495
-24,932
| -39% | -$537K |
|
7688
FT Vest US Equity Buffer ETF February
FFEB
$1.42B
| $798K | ﹤0.01% |
14,093
+10,168
| +259% | +$566K |
|
|
EDGF
7689
3EDGE Dynamic Fixed Income ETF
EDGF
$505M
| $797K | ﹤0.01% |
+32,341
| New | +$806K |
|
7690
PUT
ProShares Ultra Dow30
DDM
$542M
| $796K | ﹤0.01% |
14,000
-18,200
| -57% | -$1.01M |
|
7691
PUT
Imperial Petroleum
IMPP
$217M
| $796K | ﹤0.01% |
219,900
+16,600
| +8% | +$81.6K |
|
7692
Telesat
TSAT
$771M
| $795K | ﹤0.01% |
27,333
+12,412
| +83% | +$361K |
|
7693
Invesco Ultra Short Duration ETF
GSY
$3.88B
| $795K | ﹤0.01% |
+15,825
| New | +$796K |
|
7694
PUT
Toro Company
TTC
$9.37B
| $795K | ﹤0.01% |
10,100
-43,300
| -81% | -$3.2M |
|
7695
Smith & Wesson
SWBI
$643M
| $795K | ﹤0.01% |
80,521
-126,856
| -61% | -$1.22M |
|
7696
CALL
Magnolia Oil & Gas
MGY
$6.22B
| $795K | ﹤0.01% |
36,300
-425,800
| -92% | -$9.68M |
|
7697
PUT
Cirrus Logic
CRUS
$6.07B
| $794K | ﹤0.01% |
6,700
-300
| -4% | -$36.9K |
|
7698
Viavi Solutions
VIAV
$10.7B
| $794K | ﹤0.01% |
44,548
-130,371
| -75% | -$2.11M |
|
7699
PUT
MediaAlpha
MAX
$807M
| $794K | ﹤0.01% |
61,300
+31,000
| +102% | +$379K |
|
7700
Vanguard High Dividend Yield ETF
VYM
$84B
| $793K | ﹤0.01% |
5,528
-24,178
| -81% | -$3.44M |
|
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.