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 | |
|---|---|---|---|---|---|---|
8276
PUT
United Parks & Resorts
PRKS
$2.04B
| $628K | ﹤0.01% |
+17,300
| New | +$719K |
|
|
NSLR
8277
CALL
Neostellar Capital Corp
NSLR
$278M
| $628K | ﹤0.01% |
66,500
-81,900
| -55% | -$771K |
|
8278
Hartford US Value ETF
VMAX
$50.8M
| $628K | ﹤0.01% |
11,556
+580
| +5% | +$31K |
|
8279
Anterix
ATEX
$1.79B
| $627K | ﹤0.01% |
28,743
+13,019
| +83% | +$270K |
|
|
LOUP
8280
Innovator Deepwater Frontier Tech ETF
LOUP
$226M
| $627K | ﹤0.01% |
8,206
-2,413
| -23% | -$187K |
|
8281
CALL
Vanguard Industrials ETF
VIS
$8.54B
| $627K | ﹤0.01% |
2,100
-1,200
| -36% | -$356K |
|
|
AD
8282
Array Digital Infrastructure
AD
$3.11B
| $626K | ﹤0.01% |
+11,676
| New | +$576K |
|
8283
Structure Therapeutics
GPCR
$3.87B
| $626K | ﹤0.01% |
8,999
-204,609
| -96% | -$8.35M |
|
8284
Innovator US Equity Accelerated ETF Quarterly
XDSQ
$78.2M
| $626K | ﹤0.01% |
15,032
-14,703
| -49% | -$597K |
|
|
HYBX
8285
TCW High Yield Bond ETF
HYBX
$31.4M
| $626K | ﹤0.01% |
20,911
-2,485
| -11% | -$75.2K |
|
8286
CALL
ProShares Ultra Dow30
DDM
$542M
| $625K | ﹤0.01% |
11,000
-2,200
| -17% | -$122K |
|
8287
Direxion Daily FTSE Europe Bull 3x ETF
EURL
$53.9M
| $625K | ﹤0.01% |
15,172
-6,220
| -29% | -$236K |
|
|
DDFD
8288
Innovator Equity Dual Directional 15 Buffer ETF Dec
DDFD
$97.8M
| $625K | ﹤0.01% |
+32,634
| New | +$623K |
|
8289
ADMA Biologics
ADMA
$2.12B
| $625K | ﹤0.01% |
34,255
-339,538
| -91% | -$5.72M |
|
|
FDIQ
8290
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$48.7M
| $625K | ﹤0.01% |
10,102
+3,566
| +55% | +$215K |
|
8291
Sonic Automotive
SAH
$2.56B
| $624K | ﹤0.01% |
10,081
+3,529
| +54% | +$234K |
|
8292
PUT
Geron
GERN
$943M
| $623K | ﹤0.01% |
472,200
+372,200
| +372% | +$467K |
|
|
MCHB
8293
CALL
Mechanics Bancorp
MCHB
$3.78B
| $623K | ﹤0.01% |
42,600
+25,800
| +154% | +$359K |
|
|
IREX
8294
Tradr 2X Long IREN Daily ETF
IREX
$55.3M
| $623K | ﹤0.01% |
+20,527
| New | +$1.29M |
|
|
BRT
8295
BRT Apartments
BRT
$270M
| $623K | ﹤0.01% |
42,358
+28,520
| +206% | +$421K |
|
8296
CALL
Ternium
TX
$10.6B
| $622K | ﹤0.01% |
16,300
-8,400
| -34% | -$309K |
|
8297
CALL
Annexon
ANNX
$1B
| $622K | ﹤0.01% |
124,000
+108,700
| +710% | +$416K |
|
8298
CALL
Aegon
AEG
$14B
| $622K | ﹤0.01% |
80,700
+4,000
| +5% | +$30.6K |
|
8299
CALL
Senseonics Holdings Inc
SENS
$413M
| $622K | ﹤0.01% |
112,700
+108,630
| +2,669% | +$756K |
|
8300
Intapp
INTA
$3.07B
| $622K | ﹤0.01% |
13,577
+4,773
| +54% | +$198K |
|
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.