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 | |
|---|---|---|---|---|---|---|
1926
CALL
HEICO Corp
HEI
$51.3B
| $25.3M | ﹤0.01% |
92,300
+70,700
| +327% | +$22.8M |
|
1927
PUT
Vaxcyte
PCVX
$8.34B
| $25.3M | ﹤0.01% |
435,400
+342,100
| +367% | +$18.6M |
|
1928
CALL
Lumen
LUMN
$6.43B
| $25.3M | ﹤0.01% |
3,638,300
-1,345,700
| -27% | -$10.2M |
|
1929
PUT
Fluor
FLR
$6.95B
| $25.2M | ﹤0.01% |
540,900
-380,700
| -41% | -$17.7M |
|
1930
PUT
Macy's
M
$6.74B
| $25.2M | ﹤0.01% |
1,394,000
-220,500
| -14% | -$4.46M |
|
|
GAP
1931
CALL
The Gap Inc
GAP
$7.43B
| $25.2M | ﹤0.01% |
1,041,600
-425,700
| -29% | -$11.3M |
|
|
VOYG
1932
CALL
Voyager Technologies
VOYG
$2.28B
| $25.2M | ﹤0.01% |
1,077,000
+768,100
| +249% | +$22M |
|
1933
PUT
JB Hunt Transport Services
JBHT
$25.4B
| $25.2M | ﹤0.01% |
118,800
-57,300
| -33% | -$12.2M |
|
1934
Kinder Morgan
KMI
$69.2B
| $25.2M | ﹤0.01% |
750,201
-353,551
| -32% | -$11M |
|
1935
PUT
United States Natural Gas Fund
UNG
$449M
| $25.2M | ﹤0.01% |
2,144,400
-3,574,600
| -63% | -$44.1M |
|
1936
PUT
Sable Offshore Corp
SOC
$934M
| $25.1M | ﹤0.01% |
1,521,200
-396,400
| -21% | -$4.63M |
|
1937
Ulta Beauty
ULTA
$23.3B
| $25.1M | ﹤0.01% |
47,988
+12,428
| +35% | +$7.9M |
|
1938
CALL
First Citizens BancShares
FCNCA
$25.3B
| $25.1M | ﹤0.01% |
13,300
-16,400
| -55% | -$32.9M |
|
1939
D-Wave Quantum Inc. Common Stock
QBTS
$7.54B
| $25M | ﹤0.01% |
1,734,355
+954,924
| +123% | +$20.2M |
|
1940
CALL
Jazz Pharmaceuticals
JAZZ
$16.9B
| $24.9M | ﹤0.01% |
131,700
-113,600
| -46% | -$19.9M |
|
1941
CALL
Harrow
HROW
$1.48B
| $24.9M | ﹤0.01% |
705,000
+21,500
| +3% | +$945K |
|
1942
CALL
CDW
CDW
$18B
| $24.8M | ﹤0.01% |
205,000
+105,200
| +105% | +$13.3M |
|
1943
Otis Worldwide
OTIS
$27.9B
| $24.8M | ﹤0.01% |
321,576
+253,198
| +370% | +$22.2M |
|
1944
iShares MSCI Emerging Markets ETF
EEM
$29.4B
| $24.8M | ﹤0.01% |
436,351
+351,179
| +412% | +$20.7M |
|
1945
CALL
abrdn Physical Palladium Shares ETF
PALL
$669M
| $24.8M | ﹤0.01% |
919,000
+216,500
| +31% | +$6.7M |
|
1946
PUT
Antero Resources
AR
$10.6B
| $24.7M | ﹤0.01% |
583,000
-567,400
| -49% | -$20.7M |
|
1947
PUT
Lennox International
LII
$15.3B
| $24.7M | ﹤0.01% |
53,300
+41,800
| +363% | +$21.5M |
|
1948
CALL
Banco Macro
BMA
$5.71B
| $24.7M | ﹤0.01% |
319,500
+163,200
| +104% | +$13.9M |
|
1949
CALL
Sigma Lithium
SGML
$1.22B
| $24.7M | ﹤0.01% |
2,003,000
+1,228,500
| +159% | +$15.7M |
|
1950
United States Oil Fund
USO
$1.83B
| $24.7M | ﹤0.01% |
194,197
-18,057
| -9% | -$1.6M |
|
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.