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 | |
|---|---|---|---|---|---|---|
8026
nCino
NCNO
$2.28B
| $701K | ﹤0.01% |
27,359
-65,108
| -70% | -$1.65M |
|
8027
PUT
SPX Corp
SPXC
$10.9B
| $700K | ﹤0.01% |
3,500
+700
| +25% | +$143K |
|
8028
PUT
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $700K | ﹤0.01% |
2,900
+1,200
| +71% | +$285K |
|
8029
PUT
Sonos
SONO
$1.93B
| $697K | ﹤0.01% |
39,700
-37,200
| -48% | -$649K |
|
8030
FT Vest US Equity Moderate Buffer ETF April
GAPR
$292M
| $697K | ﹤0.01% |
17,429
-23,029
| -57% | -$910K |
|
|
SHOE
8031
Shoe Station Group
SHOE
$414M
| $697K | ﹤0.01% |
+41,291
| New | +$758K |
|
|
FCT
8032
DELISTED
First Trust Senior Floating Rate Income Fund II
FCT
| $697K | ﹤0.01% |
+69,201
| New | +$673K |
|
8033
PUT
Tenable Holdings
TENB
$4.22B
| $696K | ﹤0.01% |
29,600
+16,300
| +123% | +$445K |
|
8034
PUT
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $696K | ﹤0.01% |
3,100
-1,700
| -35% | -$385K |
|
8035
PUT
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $696K | ﹤0.01% |
6,400
-3,200
| -33% | -$335K |
|
8036
Palladyne AI
PDYN
$326M
| $696K | ﹤0.01% |
163,408
-315,711
| -66% | -$2.13M |
|
8037
CALL
ProShares Ultra Russell2000
UWM
$251M
| $696K | ﹤0.01% |
14,800
-2,300
| -13% | -$109K |
|
|
THR
8038
DELISTED
Thermon Group Holdings
THR
| $696K | ﹤0.01% |
+18,727
| New | +$615K |
|
8039
PUT
Xometry
XMTR
$5.52B
| $696K | ﹤0.01% |
11,700
-6,200
| -35% | -$350K |
|
8040
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$892M
| $696K | ﹤0.01% |
15,905
+2,572
| +19% | +$113K |
|
8041
CALL
CVR Energy
CVI
$3.54B
| $695K | ﹤0.01% |
27,300
-235,400
| -90% | -$8.01M |
|
8042
Comtech Telecommunications
CMTL
$52.7M
| $694K | ﹤0.01% |
131,272
+86,486
| +193% | +$282K |
|
8043
Viant Technology
DSP
$275M
| $694K | ﹤0.01% |
57,649
-21,232
| -27% | -$212K |
|
|
BIOA
8044
BioAge Labs
BIOA
$487M
| $694K | ﹤0.01% |
52,439
+42,327
| +419% | +$375K |
|
8045
Innovator US Small Cap Power Buffer ETF July
KJUL
$227M
| $694K | ﹤0.01% |
21,883
-10,922
| -33% | -$342K |
|
8046
Bitwise Crypto Industry Innovators ETF
BITQ
$381M
| $693K | ﹤0.01% |
34,773
+25,512
| +275% | +$628K |
|
|
ARIS
8047
PUT
Aris Mining
ARIS
$3.69B
| $693K | ﹤0.01% |
42,700
-3,500
| -8% | -$43K |
|
8048
PUT
US Gold Corp
USAU
$245M
| $693K | ﹤0.01% |
35,700
+24,700
| +225% | +$422K |
|
8049
Simplify Opportunistic Income ETF
CRDT
$36.3M
| $692K | ﹤0.01% |
+29,707
| New | +$695K |
|
8050
BARK
BARK
$91.4M
| $692K | ﹤0.01% |
57,435
+43,922
| +325% | +$652K |
|
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.