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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.8% |
| 2 | Technology | 2.93% |
| 3 | Communication Services | 0.62% |
| 4 | Consumer Discretionary | 0.62% |
| 5 | Industrials | 0.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
11001
PUT
TXO Partners LP
TXO
$775M
| $305K | ﹤0.01% |
24,400
-31,000
| -56% | -$393K |
2024 Q4
6 quarters
|
|
11002
PUT
Avalo Therapeutics
AVTX
$781M
| $305K | ﹤0.01% |
16,500
-146,500
| -90% | -$2.32M |
2025 Q3
3 quarters
|
|
11003
iShares Russell 2000 BuyWrite ETF
IWMW
$56M
| $305K | ﹤0.01% |
7,620
-15,825
| -67% | -$608K |
2025 Q1
5 quarters
|
|
11004
PUT
VanEck Biotech ETF
BBH
$479M
| $305K | ﹤0.01% |
1,500
-4,300
| -74% | -$809K |
2025 Q1
5 quarters
|
|
11005
CALL
Armstrong World Industries
AWI
$6.95B
| $305K | ﹤0.01% |
1,900
-5,300
| -74% | -$866K |
2023 Q4
10 quarters
|
|
11006
PUT
Akebia Therapeutics
AKBA
$248M
| $305K | ﹤0.01% |
267,300
+81,600
| +44% | +$97.1K |
2018 Q1
33 quarters
|
|
|
PMM
11007
Franklin Managed Municipal Income Trust
PMM
$235M
| $304K | ﹤0.01% |
46,558
+4,875
| +12% | +$30.4K |
2025 Q4
2 quarters
|
|
11008
ArcelorMittal
MT
$49B
| $304K | ﹤0.01% |
5,056
-6,196
| -55% | -$388K |
2025 Q1
5 quarters
|
|
11009
State Street SPDR MSCI USA StrategicFactors ETF
QUS
$1.57B
| $304K | ﹤0.01% |
1,629
-3,188
| -66% | -$581K |
2026 Q1
1 quarter
|
|
11010
Ionis Pharmaceuticals
IONS
$7.25B
| $304K | ﹤0.01% |
3,839
-8,520
| -69% | -$641K |
2025 Q3
3 quarters
|
|
11011
Dorchester Minerals
DMLP
$1.42B
| $304K | ﹤0.01% |
+12,054
| New | +$329K |
2026 Q2
0 quarters
|
|
|
NXDR
11012
Nextdoor Holdings
NXDR
$956M
| $304K | ﹤0.01% |
134,080
-244,520
| -65% | -$456K |
2023 Q1
13 quarters
|
|
|
CPLB
11013
NYLIM MacKay Core Plus Bond ETF
CPLB
$401M
| $304K | ﹤0.01% |
14,560
-13,368
| -48% | -$280K |
2025 Q4
2 quarters
|
|
11014
ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038
UCIB
$35.8M
| $304K | ﹤0.01% |
+9,343
| New | +$319K |
2026 Q2
0 quarters
|
|
|
FBRX
11015
DELISTED
Forte Biosciences
FBRX
| $304K | ﹤0.01% |
14,311
-119,183
| -89% | -$2.83M |
2025 Q4
2 quarters
|
|
|
VWAV
11016
VisionWave Holdings
VWAV
$10.3M
| $304K | ﹤0.01% |
3,534
+1,460
| +70% | +$165K |
2025 Q4
2 quarters
|
|
|
IREG
11017
CALL
Leverage Shares 2X Long IREN Daily ETF
IREG
$19.9M
| $304K | ﹤0.01% |
+23,100
| New | +$454K |
2026 Q2
0 quarters
|
|
11018
CALL
Ovid Therapeutics
OVID
$455M
| $304K | ﹤0.01% |
112,900
+48,700
| +76% | +$126K |
2025 Q3
3 quarters
|
|
11019
PUT
GraniteShares 2x Short NVDA Daily ETF
NVD
$50.1M
| $303K | ﹤0.01% |
58,200
-700
| -1% | -$3.69K |
2025 Q1
5 quarters
|
|
11020
TBG Dividend Focus ETF
TBG
$274M
| $303K | ﹤0.01% |
+8,315
| New | +$302K |
2026 Q2
0 quarters
|
|
11021
Vor Biopharma
VOR
$1.12B
| $303K | ﹤0.01% |
16,454
-216,154
| -93% | -$3.27M |
2025 Q4
2 quarters
|
|
11022
iShares iBonds Oct 2033 Term TIPS ETF
IBIJ
$61.9M
| $302K | ﹤0.01% |
+11,585
| New | +$303K |
2026 Q2
0 quarters
|
|
11023
CALL
iShares MSCI BIC ETF
BKF
$67.5M
| $302K | ﹤0.01% |
+7,800
| New | +$321K |
2026 Q2
0 quarters
|
|
11024
vTv Therapeutics
VTVT
$121M
| $302K | ﹤0.01% |
+8,023
| New | +$278K |
2026 Q2
0 quarters
|
|
|
ZFEB
11025
Innovator Equity Defined Protection ETF - 1 Yr February
ZFEB
$151M
| $302K | ﹤0.01% |
11,622
-10,733
| -48% | -$277K |
2025 Q2
4 quarters
|
|
Similar funds
Susquehanna International Group's Q2 2026 Portfolio in Review
As of Q2 2026, Susquehanna International Group held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group's Q2 2026 filing shows 1,956 new, 5,793 increased, 5,445 reduced and 1,748 closed positions. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M. The largest sale was Invesco QQQ Trust, an estimated $1.78B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Communication Services.
- Susquehanna International Group's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Susquehanna International Group's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Susquehanna International Group fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Susquehanna International Group's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Susquehanna International Group opened 1,956 new positions and closed 1,748 in Q2 2026.
- Susquehanna International Group's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.