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
|
+$2.65B |
| 2 |
TSMC
TSM
|
+$1.25B |
| 3 |
Microsoft
MSFT
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$957M |
| 5 |
UnitedHealth
UNH
|
+$774M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$785M |
| 2 |
Broadcom
AVGO
|
+$635M |
| 3 |
Netflix
NFLX
|
+$580M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
KraneShares CSI China Internet ETF
KWEB
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.02% |
| 2 | Consumer Discretionary | 0.76% |
| 3 | Healthcare | 0.56% |
| 4 | Financials | 0.54% |
| 5 | Communication Services | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
YALA
2801
Yalla Group
YALA
$832M
| $12.5M | ﹤0.01% |
2,000,000
| – | – |
|
2802
FMC
FMC
$1.33B
| $12.4M | ﹤0.01% |
722,321
-116,228
| -14% | -$1.74M |
|
2803
CALL
BigBear.ai
BBAI
$1.57B
| $12.4M | ﹤0.01% |
3,529,200
-4,939,400
| -58% | -$22.9M |
|
2804
State Street SPDR S&P North American Natural Resources ETF
NANR
$777M
| $12.4M | ﹤0.01% |
+147,875
| New | +$11.7M |
|
2805
CALL
BBVA Argentina
BBAR
$3.49B
| $12.4M | ﹤0.01% |
772,900
+117,900
| +18% | +$1.96M |
|
2806
IAMGOLD
IAG
$10.5B
| $12.4M | ﹤0.01% |
658,760
+528,520
| +406% | +$10.5M |
|
2807
CALL
iShares MSCI Germany ETF
EWG
$1.62B
| $12.4M | ﹤0.01% |
312,400
+81,500
| +35% | +$3.45M |
|
2808
PUT
SBA Communications
SBAC
$19.5B
| $12.4M | ﹤0.01% |
72,000
+60,100
| +505% | +$11.3M |
|
2809
Comfort Systems
FIX
$59.6B
| $12.4M | ﹤0.01% |
8,972
-10,497
| -54% | -$13.3M |
|
|
CWAN
2810
DELISTED
Clearwater Analytics
CWAN
| $12.4M | ﹤0.01% |
522,968
+505,463
| +2,888% | +$12M |
|
2811
CALL
Invesco DB Commodity Index Tracking Fund
DBC
$1.66B
| $12.4M | ﹤0.01% |
426,900
+414,500
| +3,343% | +$10.5M |
|
2812
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $12.4M | ﹤0.01% |
130,400
+14,000
| +12% | +$1.34M |
|
2813
PUT
NEOS S&P 500 High Income ETF
SPYI
$11.3B
| $12.3M | ﹤0.01% |
249,900
+117,800
| +89% | +$6.1M |
|
|
PMT
2814
PUT
PennyMac Mortgage Investment
PMT
$842M
| $12.3M | ﹤0.01% |
1,057,100
-800,500
| -43% | -$9.87M |
|
2815
PUT
Western Alliance Bancorporation
WAL
$8.87B
| $12.3M | ﹤0.01% |
173,700
+31,500
| +22% | +$2.63M |
|
2816
PUT
GraniteShares 2x Long AMD Daily ETF
AMDL
$950M
| $12.3M | ﹤0.01% |
1,007,300
+26,400
| +3% | +$384K |
|
2817
CALL
Viper Energy
VNOM
$14.7B
| $12.3M | ﹤0.01% |
261,700
-177,900
| -40% | -$7.63M |
|
2818
PUT
Noble Corp
NE
$6.51B
| $12.3M | ﹤0.01% |
250,600
-108,300
| -30% | -$4.42M |
|
2819
Norwegian Cruise Line
NCLH
$8.84B
| $12.3M | ﹤0.01% |
657,514
+491,929
| +297% | +$10.7M |
|
2820
PUT
VeriSign
VRSN
$26.6B
| $12.3M | ﹤0.01% |
49,500
+25,500
| +106% | +$6.07M |
|
2821
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $12.3M | ﹤0.01% |
176,200
+106,900
| +154% | +$7.72M |
|
2822
Vanguard Real Estate ETF
VNQ
$39B
| $12.3M | ﹤0.01% |
138,369
+65,186
| +89% | +$5.98M |
|
2823
CALL
Lantheus
LNTH
$6.59B
| $12.3M | ﹤0.01% |
161,600
-6,800
| -4% | -$488K |
|
2824
PUT
Regions Financial
RF
$26.8B
| $12.3M | ﹤0.01% |
469,000
-294,400
| -39% | -$8.22M |
|
2825
PUT
SentinelOne
S
$7.34B
| $12.2M | ﹤0.01% |
951,000
-690,800
| -42% | -$9.59M |
|
Similar funds
Susquehanna International Group's Q1 2026 Portfolio in Review
As of Q1 2026, Susquehanna International Group held 14,567 positions worth $893B, up 2.9% from $868B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group deployed $70.6B of net new capital in Q1 2026, opening 2,388 new positions and adding to 5,757 existing holdings. Its largest new stake was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was JPMorgan International Research Enhanced Equity ETF, an estimated $785M trimmed.
- Susquehanna International Group's largest Q1 2026 buy was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q1 2026, an estimated $2.65B increase.
- Susquehanna International Group's biggest Q1 2026 reduction was JPMorgan International Research Enhanced Equity ETF, cutting an estimated $785M.
- Susquehanna International Group fully exited Schwab International Equity ETF in Q1 2026, selling an estimated $147M.
- Susquehanna International Group's ten largest holdings make up 27% of its $893B portfolio in Q1 2026.
- Susquehanna International Group opened 2,388 new positions and closed 1,500 in Q1 2026.
- Susquehanna International Group's portfolio value rose 2.9% quarter-over-quarter to $893B.
Based on Susquehanna International Group's 13F filing for Q1 2026, filed 15 May 2026.