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 | |
|---|---|---|---|---|---|---|
9501
Daktronics
DAKT
$986M
| $363K | ﹤0.01% |
18,346
-6,969
| -28% | -$133K |
|
9502
Omnicell
OMCL
$1.7B
| $362K | ﹤0.01% |
8,000
-6,032
| -43% | -$221K |
|
9503
Richardson Electronics
RELL
$299M
| $362K | ﹤0.01% |
33,306
-15,434
| -32% | -$164K |
|
9504
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $362K | ﹤0.01% |
+7,002
| New | +$372K |
|
9505
PUT
Rogers Communications
RCI
$19.7B
| $362K | ﹤0.01% |
9,600
-18,200
| -65% | -$682K |
|
9506
Defiance Quantum ETF
QTUM
$5.84B
| $362K | ﹤0.01% |
3,303
-21,290
| -87% | -$2.35M |
|
|
XRN
9507
Chiron Real Estate Inc
XRN
$491M
| $362K | ﹤0.01% |
10,731
-35,996
| -77% | -$1.17M |
|
9508
PUT
Ocugen
OCGN
$458M
| $362K | ﹤0.01% |
268,100
-55,300
| -17% | -$78.7K |
|
9509
CorVel
CRVL
$3.32B
| $362K | ﹤0.01% |
+5,344
| New | +$387K |
|
9510
MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
$24.7M
| $362K | ﹤0.01% |
20,663
+3,250
| +19% | +$60.6K |
|
9511
Dimensional US Real Estate ETF
DFAR
$1.79B
| $362K | ﹤0.01% |
15,789
+343
| +2% | +$8.03K |
|
9512
PUT
Lloyds Banking Group
LYG
$90.1B
| $361K | ﹤0.01% |
68,200
+54,700
| +405% | +$265K |
|
9513
PUT
ProShares UltraShort Yen
YCS
$30M
| $361K | ﹤0.01% |
+7,100
| New | +$346K |
|
|
LOVE
9514
PUT
LoveSac
LOVE
$253M
| $361K | ﹤0.01% |
24,500
+7,900
| +48% | +$112K |
|
|
ALMS
9515
CALL
Alumis Inc
ALMS
$3.28B
| $361K | ﹤0.01% |
37,000
+21,100
| +133% | +$147K |
|
|
BETA
9516
CALL
Beta Technologies Inc
BETA
$5.82B
| $361K | ﹤0.01% |
+12,800
| New | +$382K |
|
9517
Gladstone Capital
GLAD
$446M
| $361K | ﹤0.01% |
17,452
-54,430
| -76% | -$1.1M |
|
9518
CALL
News Corp Class A
NWSA
$15.8B
| $360K | ﹤0.01% |
13,800
-16,800
| -55% | -$441K |
|
9519
CALL
Direxion Daily Mid Cap Bull 3X ETF
MIDU
$81.8M
| $360K | ﹤0.01% |
7,100
-1,400
| -16% | -$70.2K |
|
9520
PUT
Spectrum Brands
SPB
$2.07B
| $360K | ﹤0.01% |
6,100
+1,900
| +45% | +$107K |
|
9521
State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
$165M
| $360K | ﹤0.01% |
1,233
+263
| +27% | +$76.1K |
|
9522
PUT
Oportun Financial
OPRT
$355M
| $360K | ﹤0.01% |
+68,000
| New | +$359K |
|
9523
Hartford Core Bond ETF
HCRB
$406M
| $359K | ﹤0.01% |
10,140
-27,626
| -73% | -$985K |
|
9524
PUT
Immatics
IMTX
$1.29B
| $359K | ﹤0.01% |
+34,200
| New | +$345K |
|
9525
PUT
Regency Centers
REG
$14B
| $359K | ﹤0.01% |
5,200
+900
| +21% | +$63.1K |
|
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.