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 | |
|---|---|---|---|---|---|---|
7976
Werner Enterprises
WERN
$2.33B
| $716K | ﹤0.01% |
23,866
+6,056
| +34% | +$166K |
|
7977
Xtrackers International Real Estate ETF
HAUZ
$1.06B
| $714K | ﹤0.01% |
30,775
-14,079
| -31% | -$329K |
|
7978
CALL
Envista
NVST
$4.51B
| $714K | ﹤0.01% |
32,900
+15,300
| +87% | +$314K |
|
|
LENZ
7979
CALL
LENZ Therapeutics
LENZ
$149M
| $714K | ﹤0.01% |
44,600
+26,700
| +149% | +$778K |
|
7980
CALL
TriMas Corp
TRS
$1.4B
| $713K | ﹤0.01% |
20,100
-1,500
| -7% | -$52.4K |
|
7981
CALL
Rexford Industrial Realty
REXR
$8.08B
| $712K | ﹤0.01% |
18,400
-289,700
| -94% | -$11.9M |
|
7982
ProShares Ultra MSCI Emerging Markets
EET
$37.2M
| $712K | ﹤0.01% |
8,833
+307
| +4% | +$24.2K |
|
7983
Domo
DOMO
$184M
| $712K | ﹤0.01% |
84,450
-112,048
| -57% | -$1.32M |
|
7984
Park Aerospace
PKE
$831M
| $712K | ﹤0.01% |
33,354
+4,710
| +16% | +$93.9K |
|
7985
CALL
3D Systems Corp
DDD
$616M
| $712K | ﹤0.01% |
402,100
-372,900
| -48% | -$907K |
|
|
NUTX
7986
Nutex Health
NUTX
$1.28B
| $711K | ﹤0.01% |
+4,320
| New | +$573K |
|
7987
HUB Group
HUBG
$2.46B
| $711K | ﹤0.01% |
16,685
-36,123
| -68% | -$1.37M |
|
|
AISP
7988
Airship AI Holdings
AISP
$67.5M
| $711K | ﹤0.01% |
245,952
+73,786
| +43% | +$304K |
|
7989
Invesco 0-5 Yr US TIPS ETF
PBTP
$116M
| $710K | ﹤0.01% |
+27,412
| New | +$717K |
|
7990
Freshworks
FRSH
$3.5B
| $710K | ﹤0.01% |
57,980
-206,240
| -78% | -$2.44M |
|
7991
N-able
NABL
$650M
| $710K | ﹤0.01% |
94,942
-41,317
| -30% | -$315K |
|
7992
PUT
Apogee Enterprises
APOG
$889M
| $710K | ﹤0.01% |
19,500
-3,500
| -15% | -$132K |
|
7993
CALL
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $710K | ﹤0.01% |
16,700
-17,400
| -51% | -$748K |
|
|
7994
Envista
NVST
$4.51B
| $709K | ﹤0.01% |
32,674
-8,320
| -20% | -$171K |
|
7995
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $709K | ﹤0.01% |
79,695
+69,480
| +680% | +$649K |
|
7996
iShares MSCI Qatar ETF
QAT
$63.5M
| $709K | ﹤0.01% |
37,688
-999
| -3% | -$19.1K |
|
7997
PUT
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $709K | ﹤0.01% |
1,800
-2,500
| -58% | -$978K |
|
|
RHLD
7998
Resolute Holdings Management
RHLD
$1.1B
| $709K | ﹤0.01% |
+3,433
| New | +$508K |
|
7999
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.21B
| $709K | ﹤0.01% |
14,212
-4,840
| -25% | -$239K |
|
|
DDTO
8000
Innovator Equity Dual Directional 10 Buffer ETF - October
DDTO
$28.1M
| $708K | ﹤0.01% |
+32,719
| New | +$700K |
|
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.