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 | |
|---|---|---|---|---|---|---|
11051
BlackRock Multi-Sector Income Trust
BIT
$701M
| $169K | ﹤0.01% |
+12,968
| New | +$171K |
|
11052
Comstock Holding Companies
CHCI
$152M
| $169K | ﹤0.01% |
14,561
-2,860
| -16% | -$39.1K |
|
11053
NeoGenomics
NEO
$2.11B
| $169K | ﹤0.01% |
14,370
-1,949
| -12% | -$21K |
|
11054
YieldMax XOM Option Income Strategy ETF
XOMO
$39.1M
| $169K | ﹤0.01% |
14,412
-14,867
| -51% | -$174K |
|
11055
PUT
Medallion Financial
MFIN
$257M
| $169K | ﹤0.01% |
16,400
-7,400
| -31% | -$74.2K |
|
|
HYI
11056
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
| $169K | ﹤0.01% |
+15,110
| New | +$170K |
|
11057
Lindblad Expeditions
LIND
$2.24B
| $169K | ﹤0.01% |
+11,686
| New | +$147K |
|
|
TKLF
11058
Yoshitsu Co
TKLF
$8.47M
| $168K | ﹤0.01% |
54,648
-22,834
| -29% | -$69.3K |
|
11059
VirnetX Holding Corp
VHC
$65.8M
| $168K | ﹤0.01% |
+10,075
| New | +$202K |
|
11060
CALL
Vishay Intertechnology
VSH
$5.11B
| $168K | ﹤0.01% |
11,600
-11,900
| -51% | -$180K |
|
|
HGLB
11061
Highland Global Allocation Fund
HGLB
$178M
| $168K | ﹤0.01% |
+18,400
| New | +$179K |
|
|
SLSR
11062
Solaris Resources
SLSR
$1.33B
| $168K | ﹤0.01% |
21,045
-7,291
| -26% | -$50.6K |
|
|
MAXN
11063
DELISTED
Maxeon Solar Technologies
MAXN
| $168K | ﹤0.01% |
60,970
+8,646
| +17% | +$28.7K |
|
|
BEAGU
11064
Bold Eagle Acquisition Corp Units
BEAGU
| $168K | ﹤0.01% |
15,805
-1,850
| -10% | -$20.2K |
|
11065
Wabash National
WNC
$507M
| $167K | ﹤0.01% |
19,352
-33,754
| -64% | -$295K |
|
11066
CALL
Douglas Emmett
DEI
$1.99B
| $167K | ﹤0.01% |
15,200
-156,700
| -91% | -$1.96M |
|
11067
Petco
WOOF
$780M
| $167K | ﹤0.01% |
59,377
-59,982
| -50% | -$194K |
|
|
OTGA
11068
OTG Acquisition Corp I
OTGA
$301M
| $167K | ﹤0.01% |
+16,675
| New | +$167K |
|
11069
ProShares UltraPro Short MidCap400
SMDD
$1.85M
| $166K | ﹤0.01% |
+13,398
| New | +$174K |
|
11070
Enanta Pharmaceuticals
ENTA
$393M
| $165K | ﹤0.01% |
10,467
-106,837
| -91% | -$1.36M |
|
11071
Vodafone
VOD
$37.2B
| $165K | ﹤0.01% |
12,494
-172,918
| -93% | -$2.09M |
|
11072
PUT
Cardlytics
CDLX
$24.7M
| $165K | ﹤0.01% |
14,340
-3,180
| -18% | -$49.1K |
|
11073
PUT
SunCoke Energy
SXC
$788M
| $165K | ﹤0.01% |
+22,900
| New | +$169K |
|
|
WEA
11074
Western Asset Premier Bond Fund
WEA
$124M
| $165K | ﹤0.01% |
+14,934
| New | +$166K |
|
11075
ICL Group
ICL
$7.06B
| $165K | ﹤0.01% |
28,842
+15,436
| +115% | +$89.4K |
|
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.