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 | |
|---|---|---|---|---|---|---|
11426
Eltek
ELTK
$57.1M
| $104K | ﹤0.01% |
+12,189
| New | +$123K |
|
11427
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
OILD
$32.7M
| $104K | ﹤0.01% |
+1,021
| New | +$110K |
|
11428
CALL
1stdibs.com
DIBS
$163M
| $104K | ﹤0.01% |
17,400
-26,500
| -60% | -$119K |
|
11429
Sono-Tek
SOTK
$81.1M
| $104K | ﹤0.01% |
25,224
+9,814
| +64% | +$40.9K |
|
|
SEV
11430
Aptera Motors
SEV
$89.2M
| $104K | ﹤0.01% |
+24,282
| New | +$152K |
|
11431
Talkspace
TALK
$871M
| $104K | ﹤0.01% |
28,587
-64,876
| -69% | -$206K |
|
11432
Cumberland Pharmaceuticals
CPIX
$118M
| $104K | ﹤0.01% |
+26,038
| New | +$77.2K |
|
|
RVPH
11433
PUT
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $103K | ﹤0.01% |
18,455
+17,780
| +2,634% | +$198K |
|
11434
PUT
Target Hospitality
TH
$1.62B
| $103K | ﹤0.01% |
12,900
-55,900
| -81% | -$424K |
|
|
TRON
11435
Tron Inc
TRON
$768M
| $103K | ﹤0.01% |
83,325
-231,073
| -73% | -$521K |
|
|
NXDT
11436
NexPoint Diversified Real Estate Trust
NXDT
$261M
| $103K | ﹤0.01% |
+26,973
| New | +$88.6K |
|
|
NAGE
11437
CALL
Niagen Bioscience
NAGE
$241M
| $103K | ﹤0.01% |
16,200
-18,900
| -54% | -$131K |
|
11438
Invesco Advantage Municipal Income Trust II
VKI
$403M
| $103K | ﹤0.01% |
+11,286
| New | +$100K |
|
|
NNDM
11439
PUT
Nano Dimension
NNDM
$348M
| $103K | ﹤0.01% |
66,600
-1,144,400
| -95% | -$1.94M |
|
|
SLN
11440
Silence Therapeutics
SLN
$660M
| $103K | ﹤0.01% |
+16,866
| New | +$108K |
|
11441
Vista Gold
VGZ
$328M
| $102K | ﹤0.01% |
52,022
+29,462
| +131% | +$56.8K |
|
11442
Cato Corp
CATO
$66.7M
| $102K | ﹤0.01% |
+33,099
| New | +$122K |
|
11443
CALL
Gray Television
GTN
$520M
| $102K | ﹤0.01% |
21,100
-115,400
| -85% | -$565K |
|
|
TRUE
11444
CALL
DELISTED
TrueCar
TRUE
| $102K | ﹤0.01% |
45,100
+27,600
| +158% | +$59.2K |
|
11445
Nu Skin
NUS
$236M
| $101K | ﹤0.01% |
10,533
-102,730
| -91% | -$1.06M |
|
11446
CALL
PetMed Express
PETS
$43.4M
| $101K | ﹤0.01% |
31,600
+3,500
| +12% | +$8.78K |
|
11447
Ebang International Holdings
EBON
$12.2M
| $101K | ﹤0.01% |
33,245
+9,771
| +42% | +$39K |
|
|
ALAR
11448
Alarum Technologies
ALAR
$13.4M
| $101K | ﹤0.01% |
+11,759
| New | +$141K |
|
|
STKL
11449
DELISTED
SunOpta
STKL
| $101K | ﹤0.01% |
26,508
-180,093
| -87% | -$818K |
|
|
ACH
11450
Accendra Health
ACH
$84.6M
| $101K | ﹤0.01% |
35,940
-72,158
| -67% | -$258K |
|
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.