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 | |
|---|---|---|---|---|---|---|
11151
Prothena Corp
PRTA
$475M
| $153K | ﹤0.01% |
15,975
-141,472
| -90% | -$1.44M |
|
|
BTM
11152
DELISTED
Bitcoin Depot
BTM
| $152K | ﹤0.01% |
16,869
-104
| -0.6% | -$1.59K |
|
11153
PUT
Vishay Intertechnology
VSH
$5.11B
| $152K | ﹤0.01% |
10,500
-2,100
| -17% | -$31.8K |
|
|
SLN
11154
PUT
Silence Therapeutics
SLN
$660M
| $152K | ﹤0.01% |
+25,000
| New | +$160K |
|
11155
Hagerty
HGTY
$1.3B
| $152K | ﹤0.01% |
+11,306
| New | +$141K |
|
11156
CALL
Unicycive Therapeutics
UNCY
$150M
| $152K | ﹤0.01% |
+26,300
| New | +$140K |
|
|
CMBM
11157
PUT
DELISTED
Cambium Networks
CMBM
| $152K | ﹤0.01% |
+105,300
| New | +$179K |
|
|
GRFS
11158
PUT
Grifois
GRFS
$5.4B
| $151K | ﹤0.01% |
16,200
-2,800
| -15% | -$25.5K |
|
|
LGO
11159
Largo
LGO
$75.1M
| $151K | ﹤0.01% |
161,577
+146,197
| +951% | +$174K |
|
11160
Nerdy
NRDY
$93.7M
| $151K | ﹤0.01% |
+145,592
| New | +$164K |
|
|
AIV
11161
Aimco
AIV
$379M
| $151K | ﹤0.01% |
25,465
-38,642
| -60% | -$231K |
|
11162
CALL
Unisys
UIS
$210M
| $151K | ﹤0.01% |
54,800
-48,400
| -47% | -$151K |
|
|
FINS
11163
Angel Oak Financial Strategies Income Term Trust
FINS
$423M
| $151K | ﹤0.01% |
+11,428
| New | +$150K |
|
11164
Mativ Holdings
MATV
$690M
| $151K | ﹤0.01% |
12,419
-838
| -6% | -$9.87K |
|
11165
United Bancorp
UBCP
$89.2M
| $151K | ﹤0.01% |
+10,513
| New | +$141K |
|
11166
Safe Bulkers
SB
$760M
| $151K | ﹤0.01% |
31,282
-37,441
| -54% | -$178K |
|
11167
PUT
CryoPort
CYRX
$766M
| $151K | ﹤0.01% |
15,700
-118,300
| -88% | -$1.12M |
|
|
TUYA
11168
PUT
Tuya Inc
TUYA
$1.1B
| $150K | ﹤0.01% |
71,300
+15,600
| +28% | +$35.5K |
|
|
NXC
11169
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $150K | ﹤0.01% |
+11,391
| New | +$150K |
|
11170
PetMed Express
PETS
$43M
| $150K | ﹤0.01% |
46,940
+12,224
| +35% | +$30.7K |
|
|
BSAA
11171
BEST SPAC I Acquisition Corp
BSAA
$83.8M
| $150K | ﹤0.01% |
+14,821
| New | +$150K |
|
|
MFM
11172
Aberdeen Municipal Income Fund
MFM
$223M
| $150K | ﹤0.01% |
27,627
+12,155
| +79% | +$65.5K |
|
|
AISP
11173
PUT
Airship AI Holdings
AISP
$66.8M
| $150K | ﹤0.01% |
51,900
-38,800
| -43% | -$160K |
|
|
NA
11174
Nano Labs
NA
$42M
| $150K | ﹤0.01% |
47,571
+17,909
| +60% | +$77K |
|
|
MBVI
11175
M3-Brigade Acquisition VI Corp
MBVI
$440M
| $150K | ﹤0.01% |
+14,964
| New | +$150K |
|
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.