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 | |
|---|---|---|---|---|---|---|
8976
Televisa
TV
$1.53B
| $462K | ﹤0.01% |
158,793
+20,309
| +15% | +$55.4K |
|
8977
PUT
CRA International
CRAI
$1.06B
| $462K | ﹤0.01% |
2,300
+300
| +15% | +$56.5K |
|
8978
Scansource
SCSC
$1.08B
| $461K | ﹤0.01% |
11,806
-2,851
| -19% | -$118K |
|
|
CONI
8979
GraniteShares 2x Short COIN Daily ETF
CONI
$12.4M
| $461K | ﹤0.01% |
6,760
+1,185
| +21% | +$56K |
|
|
RYZ
8980
Ryerson Holding Corp
RYZ
$1.5B
| $461K | ﹤0.01% |
+18,315
| New | +$421K |
|
8981
PUT
Ichor Holdings
ICHR
$2.66B
| $461K | ﹤0.01% |
25,000
+14,200
| +131% | +$263K |
|
8982
YieldMax MSFT Option Income Strategy ETF
MSFO
$116M
| $461K | ﹤0.01% |
29,822
-6,609
| -18% | -$109K |
|
8983
CALL
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $460K | ﹤0.01% |
2,000
+600
| +43% | +$140K |
|
8984
Krystal Biotech
KRYS
$9.83B
| $460K | ﹤0.01% |
+1,867
| New | +$393K |
|
|
BNC
8985
CEA Industries
BNC
$108M
| $460K | ﹤0.01% |
71,637
-88,364
| -55% | -$620K |
|
|
LMTS
8986
DELISTED
Direxion Daily LMT Bear 1X ETF
LMTS
| $460K | ﹤0.01% |
+21,122
| New | +$471K |
|
|
DVAX
8987
CALL
DELISTED
Dynavax Technologies
DVAX
| $460K | ﹤0.01% |
29,900
+11,300
| +61% | +$124K |
|
8988
CS Disco
LAW
$286M
| $460K | ﹤0.01% |
59,223
+45,040
| +318% | +$318K |
|
8989
PUT
Atlas Lithium Corp
ATLX
$94.7M
| $459K | ﹤0.01% |
108,600
-18,200
| -14% | -$91.7K |
|
|
FBDC
8990
FT Confluence BDC & Specialty Finance Income ETF
FBDC
$36M
| $459K | ﹤0.01% |
23,685
-26,332
| -53% | -$509K |
|
8991
Live Oak Bancshares
LOB
$2B
| $459K | ﹤0.01% |
13,370
-5,645
| -30% | -$189K |
|
8992
Kymera Therapeutics
KYMR
$9.76B
| $459K | ﹤0.01% |
5,900
-4,848
| -45% | -$327K |
|
8993
CALL
ENI
E
$79.8B
| $459K | ﹤0.01% |
12,100
-46,600
| -79% | -$1.71M |
|
8994
EA Bridgeway Omni Small-Cap Value ETF
BSVO
$2.52B
| $459K | ﹤0.01% |
19,698
-12,321
| -38% | -$283K |
|
8995
iShares S&P 100 ETF
OEF
$20.5B
| $459K | ﹤0.01% |
+1,338
| New | +$455K |
|
|
MRCC
8996
DELISTED
Monroe Capital Corp
MRCC
| $459K | ﹤0.01% |
72,036
-21,033
| -23% | -$140K |
|
8997
CALL
Spyre Therapeutics
SYRE
$9.14B
| $459K | ﹤0.01% |
+14,000
| New | +$366K |
|
|
FDSB
8998
Fifth District Bancorp
FDSB
$96.1M
| $458K | ﹤0.01% |
30,561
+17,412
| +132% | +$239K |
|
8999
Arcturus Therapeutics
ARCT
$234M
| $458K | ﹤0.01% |
74,729
-459,256
| -86% | -$4.96M |
|
9000
State Street SPDR S&P International Small Cap ETF
GWX
$931M
| $458K | ﹤0.01% |
11,211
-38,603
| -77% | -$1.55M |
|
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.