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 | |
|---|---|---|---|---|---|---|
9251
PUT
Citizens
CIA
$201M
| $408K | ﹤0.01% |
84,500
-325,400
| -79% | -$1.79M |
|
9252
PUT
Lincoln Educational Services
LINC
$950M
| $408K | ﹤0.01% |
16,900
-2,800
| -14% | -$61K |
|
9253
Vitamin Cottage Natural Grocers
NGVC
$648M
| $408K | ﹤0.01% |
16,288
+9,958
| +157% | +$319K |
|
|
QCMU
9254
Direxion Daily QCOM Bull 2X ETF
QCMU
$22.3M
| $408K | ﹤0.01% |
15,067
-1,978
| -12% | -$55.3K |
|
|
TGNA
9255
DELISTED
TEGNA Inc
TGNA
| $408K | ﹤0.01% |
21,003
-61,401
| -75% | -$1.21M |
|
|
NIU
9256
Niu Technologies
NIU
$163M
| $407K | ﹤0.01% |
134,484
+1,827
| +1% | +$7.07K |
|
9257
Genpact
G
$5.69B
| $407K | ﹤0.01% |
8,704
-44,761
| -84% | -$1.94M |
|
9258
CALL
Adecoagro
AGRO
$1.29B
| $407K | ﹤0.01% |
+51,300
| New | +$403K |
|
9259
Kulicke & Soffa
KLIC
$5.19B
| $406K | ﹤0.01% |
8,904
-15,267
| -63% | -$645K |
|
9260
CALL
Sun Life Financial
SLF
$45.1B
| $406K | ﹤0.01% |
6,500
+3,000
| +86% | +$181K |
|
9261
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.18B
| $405K | ﹤0.01% |
19,885
-1,496
| -7% | -$30.8K |
|
|
IRD
9262
Opus Genetics
IRD
$300M
| $405K | ﹤0.01% |
201,635
+181,422
| +898% | +$368K |
|
|
GDEN
9263
CALL
DELISTED
Golden Entertainment
GDEN
| $405K | ﹤0.01% |
14,900
+5,000
| +51% | +$129K |
|
9264
CALL
Goosehead Insurance
GSHD
$2.35B
| $405K | ﹤0.01% |
5,500
-74,800
| -93% | -$5.33M |
|
9265
Aurinia Pharmaceuticals
AUPH
$2.06B
| $405K | ﹤0.01% |
+25,384
| New | +$360K |
|
9266
PUT
GraniteShares 2x Short NVDA Daily ETF
NVD
$48.6M
| $405K | ﹤0.01% |
56,600
+40,400
| +249% | +$337K |
|
9267
WisdomTree US Efficient Core Fund
NTSX
$1.41B
| $405K | ﹤0.01% |
+7,381
| New | +$403K |
|
9268
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $404K | ﹤0.01% |
15,773
-21,757
| -58% | -$691K |
|
9269
Manitowoc
MTW
$746M
| $404K | ﹤0.01% |
33,728
-7,378
| -18% | -$83.9K |
|
9270
Westwater Resources
WWR
$72.7M
| $404K | ﹤0.01% |
539,109
+167,837
| +45% | +$208K |
|
9271
PUT
FTAI Infrastructure
FIP
$533M
| $404K | ﹤0.01% |
87,700
-82,900
| -49% | -$408K |
|
9272
Futu Holdings
FUTU
$14.8B
| $404K | ﹤0.01% |
2,462
-111,648
| -98% | -$19.2M |
|
9273
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $404K | ﹤0.01% |
17,715
-2,335
| -12% | -$52.6K |
|
9274
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$55.6M
| $404K | ﹤0.01% |
9,274
-303
| -3% | -$13.9K |
|
9275
CALL
MDU Resources
MDU
$4.34B
| $404K | ﹤0.01% |
+20,700
| New | +$407K |
|
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.