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 | |
|---|---|---|---|---|---|---|
11601
CALL
Full House Resorts
FLL
$84.3M
| $73.9K | ﹤0.01% |
28,300
-18,800
| -40% | -$50.5K |
|
11602
PUT
Alpha Pro Tech
APT
$55.7M
| $73.7K | ﹤0.01% |
16,600
-51,200
| -76% | -$236K |
|
|
BHR
11603
Braemar Hotels & Resorts
BHR
$139M
| $73.5K | ﹤0.01% |
+25,610
| New | +$69K |
|
|
RC
11604
PUT
Ready Capital
RC
$294M
| $73.5K | ﹤0.01% |
33,700
-117,300
| -78% | -$329K |
|
11605
LGL Group
LGL
$95.2M
| $73.4K | ﹤0.01% |
+12,764
| New | +$77.4K |
|
11606
Digital Turbine
APPS
$1.53B
| $73.2K | ﹤0.01% |
14,647
-1,531
| -9% | -$8.66K |
|
11607
PUT
American Well
AMWL
$220M
| $73.2K | ﹤0.01% |
+14,900
| New | +$71.8K |
|
|
CD
11608
CALL
Chaince Digital Holdings
CD
$377M
| $72.6K | ﹤0.01% |
14,600
-6,200
| -30% | -$71.8K |
|
11609
CALL
Lifestance Health
LFST
$4.67B
| $72.5K | ﹤0.01% |
10,300
-38,600
| -79% | -$233K |
|
11610
PUT
Protara Therapeutics
TARA
$233M
| $72.5K | ﹤0.01% |
+13,600
| New | +$75.6K |
|
11611
PUT
Black Diamond Therapeutics
BDTX
$116M
| $72.4K | ﹤0.01% |
+29,800
| New | +$106K |
|
11612
PUT
StealthGas
GASS
$343M
| $72.3K | ﹤0.01% |
+10,300
| New | +$69.2K |
|
|
SVC
11613
Service Properties Trust
SVC
$1.06B
| $72.2K | ﹤0.01% |
7,847
-74,233
| -90% | -$746K |
|
|
ACRE
11614
PUT
Ares Commercial Real Estate
ACRE
$264M
| $72.2K | ﹤0.01% |
15,100
-23,700
| -61% | -$115K |
|
11615
TOP Financial Group
TOP
$1.35B
| $71.9K | ﹤0.01% |
14,373
+4,014
| +39% | +$23K |
|
11616
CALL
VinFast Auto
VFS
$7.37B
| $71.8K | ﹤0.01% |
21,500
-54,500
| -72% | -$182K |
|
11617
CALL
Editas Medicine
EDIT
$432M
| $71.8K | ﹤0.01% |
35,000
-44,200
| -56% | -$128K |
|
|
FIGG
11618
Leverage Shares 2x Long FIG Daily ETF
FIGG
$15.4M
| $71.7K | ﹤0.01% |
+785
| New | +$103K |
|
11619
ADC Therapeutics
ADCT
$134M
| $71.2K | ﹤0.01% |
+20,178
| New | +$81.9K |
|
11620
PUT
Inovio Pharmaceuticals
INO
$93M
| $71K | ﹤0.01% |
40,800
+18,000
| +79% | +$39.6K |
|
11621
CALL
Tenaya Therapeutics
TNYA
$164M
| $70.9K | ﹤0.01% |
99,900
-50,900
| -34% | -$69.2K |
|
|
AIOT
11622
PowerFleet Inc
AIOT
$421M
| $70.9K | ﹤0.01% |
13,331
-235,287
| -95% | -$1.2M |
|
11623
PUT
C4 Therapeutics
CCCC
$502M
| $70.9K | ﹤0.01% |
37,100
-94,300
| -72% | -$223K |
|
11624
OraSure Technologies
OSUR
$277M
| $70.7K | ﹤0.01% |
29,215
+3,462
| +13% | +$9.1K |
|
11625
Radiant Logistics
RLGT
$406M
| $70.5K | ﹤0.01% |
+11,135
| New | +$69.1K |
|
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.