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 | |
|---|---|---|---|---|---|---|
|
DCH
8526
CALL
Dauch Corp
DCH
$1.6B
| $555K | ﹤0.01% |
86,600
-106,100
| -55% | -$660K |
|
8527
Alkami Technology
ALKT
$2.21B
| $555K | ﹤0.01% |
24,056
-30,118
| -56% | -$665K |
|
|
EGGS
8528
NestYield Total Return Guard ETF
EGGS
$61.5M
| $555K | ﹤0.01% |
14,457
+2,018
| +16% | +$83.6K |
|
8529
PUT
Post Holdings
POST
$3.67B
| $555K | ﹤0.01% |
5,600
-16,200
| -74% | -$1.68M |
|
8530
American Public Education
APEI
$828M
| $554K | ﹤0.01% |
+14,667
| New | +$525K |
|
8531
PUT
Regencell Bioscience
RGC
$2.69B
| $554K | ﹤0.01% |
26,400
-15,000
| -36% | -$244K |
|
8532
HF Sinclair
DINO
$16.7B
| $554K | ﹤0.01% |
12,031
-1,585
| -12% | -$81.7K |
|
|
QLTI
8533
GMO International Quality ETF
QLTI
$298M
| $554K | ﹤0.01% |
20,839
-4,018
| -16% | -$105K |
|
8534
CALL
China Yuchai International
CYD
$1.7B
| $554K | ﹤0.01% |
15,600
-3,100
| -17% | -$113K |
|
8535
PUT
The Bancorp
TBBK
$2.84B
| $554K | ﹤0.01% |
8,200
-10,400
| -56% | -$718K |
|
8536
German American Bancorp
GABC
$1.93B
| $553K | ﹤0.01% |
14,125
+3,637
| +35% | +$143K |
|
|
DOCT
8537
FT Vest US Equity Deep Buffer ETF October
DOCT
$389M
| $553K | ﹤0.01% |
12,485
+3,350
| +37% | +$147K |
|
8538
PUT
T-REX 2X Long Tesla Daily Target ETF
TSLT
$161M
| $553K | ﹤0.01% |
20,700
-59,600
| -74% | -$1.62M |
|
8539
CALL
One Stop Systems
OSS
$339M
| $552K | ﹤0.01% |
76,900
+40,900
| +114% | +$242K |
|
8540
Acadia Pharmaceuticals
ACAD
$4.87B
| $552K | ﹤0.01% |
20,652
-39,759
| -66% | -$950K |
|
8541
NET Power
NPWR
$173M
| $552K | ﹤0.01% |
241,899
-181,458
| -43% | -$567K |
|
8542
Innovator US Equity Ultra Buffer ETF November
UNOV
$110M
| $551K | ﹤0.01% |
14,491
-26,175
| -64% | -$988K |
|
8543
PUT
Tonix Pharmaceuticals
TNXP
$218M
| $551K | ﹤0.01% |
35,300
+21,100
| +149% | +$389K |
|
8544
CALL
IPG Photonics
IPGP
$3.65B
| $551K | ﹤0.01% |
7,700
-1,700
| -18% | -$139K |
|
8545
FT Vest US Small Cap Moderate Buffer ETF November
SNOV
$118M
| $551K | ﹤0.01% |
22,293
-28,482
| -56% | -$705K |
|
8546
Opko Health
OPK
$1.03B
| $551K | ﹤0.01% |
437,287
+139,452
| +47% | +$194K |
|
|
GIND
8547
Goldman Sachs India Equity ETF
GIND
$169M
| $550K | ﹤0.01% |
20,847
-22,612
| -52% | -$601K |
|
8548
PUT
Village Farms International
VFF
$309M
| $550K | ﹤0.01% |
150,800
-78,500
| -34% | -$273K |
|
8549
Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
$17.9M
| $550K | ﹤0.01% |
9,568
+5,069
| +113% | +$295K |
|
8550
CALL
Cardiff Oncology
CRDF
$74.9M
| $550K | ﹤0.01% |
195,800
+11,700
| +6% | +$27.2K |
|
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.