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 | |
|---|---|---|---|---|---|---|
11276
Fathom Holdings
FTHM
$24.5M
| $131K | ﹤0.01% |
129,827
-114,485
| -47% | -$154K |
|
11277
BlackRock MuniYield New York Quality Fund
MYN
$378M
| $131K | ﹤0.01% |
+13,229
| New | +$133K |
|
11278
CKX Lands
CKX
$21.8M
| $131K | ﹤0.01% |
14,309
-1,513
| -10% | -$15.3K |
|
11279
CALL
Getty Images
GETY
$133M
| $131K | ﹤0.01% |
97,700
-54,600
| -36% | -$94K |
|
11280
NN Inc
NNBR
$298M
| $131K | ﹤0.01% |
102,278
+24,959
| +32% | +$38.2K |
|
|
BTA
11281
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
| $131K | ﹤0.01% |
14,081
+1,184
| +9% | +$11.2K |
|
11282
Stagwell
STGW
$2.28B
| $131K | ﹤0.01% |
26,721
-33,138
| -55% | -$172K |
|
11283
CALL
C4 Therapeutics
CCCC
$502M
| $130K | ﹤0.01% |
68,300
+7,200
| +12% | +$17.1K |
|
|
EIC
11284
Eagle Point Income Co
EIC
$234M
| $130K | ﹤0.01% |
11,430
-2,041
| -15% | -$24.4K |
|
11285
CALL
Radiant Logistics
RLGT
$406M
| $130K | ﹤0.01% |
+20,600
| New | +$128K |
|
|
FOCL
11286
CALL
EDAP TMS S.A.
FOCL
$174M
| $130K | ﹤0.01% |
39,600
+20,400
| +106% | +$49K |
|
11287
Jerash Holdings
JRSH
$67.7M
| $130K | ﹤0.01% |
42,654
-226,360
| -84% | -$720K |
|
|
EFT
11288
Eaton Vance Floating-Rate Income Trust
EFT
$290M
| $130K | ﹤0.01% |
11,507
-160
| -1% | -$1.83K |
|
|
SNBR
11289
PUT
DELISTED
Sleep Number
SNBR
| $129K | ﹤0.01% |
15,300
-7,900
| -34% | -$49.9K |
|
11290
Ocular Therapeutix
OCUL
$2.22B
| $129K | ﹤0.01% |
10,653
-628,299
| -98% | -$7.63M |
|
11291
Douglas Emmett
DEI
$1.99B
| $129K | ﹤0.01% |
11,767
-889
| -7% | -$11.1K |
|
11292
KRONOS Worldwide
KRO
$996M
| $129K | ﹤0.01% |
29,239
-6,719
| -19% | -$32.6K |
|
11293
Definitive Healthcare
DH
$68.4M
| $129K | ﹤0.01% |
44,990
+29,616
| +193% | +$82.1K |
|
|
IMMP
11294
PUT
Immutep
IMMP
$59.5M
| $129K | ﹤0.01% |
+45,100
| New | +$94.9K |
|
|
TSI
11295
TCW Strategic Income Fund
TSI
$213M
| $129K | ﹤0.01% |
+26,094
| New | +$129K |
|
|
DMB
11296
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$197M
| $129K | ﹤0.01% |
+11,723
| New | +$126K |
|
11297
PUT
Kyverna Therapeutics
KYTX
$500M
| $129K | ﹤0.01% |
+13,700
| New | +$102K |
|
11298
PUT
eGain
EGAN
$206M
| $129K | ﹤0.01% |
+12,500
| New | +$149K |
|
11299
PUT
3D Systems Corp
DDD
$601M
| $129K | ﹤0.01% |
72,600
-310,500
| -81% | -$756K |
|
|
DGNX
11300
CALL
Diginex Ltd
DGNX
$44.2M
| $128K | ﹤0.01% |
+3,850
| New | +$427K |
|
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.