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 | |
|---|---|---|---|---|---|---|
|
PPSI
11476
CALL
Pioneer Power Solutions
PPSI
$33.5M
| $95.5K | ﹤0.01% |
20,200
-17,800
| -47% | -$74.5K |
|
11477
CALL
Suzano
SUZ
$9.84B
| $95.3K | ﹤0.01% |
+10,200
| New | +$92.7K |
|
11478
AudioCodes
AUDC
$253M
| $95.2K | ﹤0.01% |
10,902
-14,258
| -57% | -$130K |
|
11479
Quest Resource Holding
QRHC
$30.8M
| $95.1K | ﹤0.01% |
51,138
+40,831
| +396% | +$69.2K |
|
|
OBE
11480
PUT
Obsidian Energy
OBE
$697M
| $95K | ﹤0.01% |
15,500
-20,500
| -57% | -$124K |
|
11481
RF Industries
RFIL
$144M
| $95K | ﹤0.01% |
16,432
-10,195
| -38% | -$70.6K |
|
|
HUYA
11482
Huya Inc
HUYA
$538M
| $94.7K | ﹤0.01% |
32,886
-472,208
| -93% | -$1.38M |
|
11483
Sportsman's Warehouse
SPWH
$46.8M
| $94.6K | ﹤0.01% |
64,807
-158,613
| -71% | -$345K |
|
11484
CALL
E.W. Scripps
SSP
$310M
| $94.6K | ﹤0.01% |
+23,700
| New | +$79.7K |
|
11485
Journey Medical
DERM
$183M
| $94.4K | ﹤0.01% |
+12,249
| New | +$96K |
|
11486
PUT
Prelude Therapeutics
PRLD
$428M
| $94.3K | ﹤0.01% |
+32,500
| New | +$54.8K |
|
11487
CALL
Janus International
JBI
$686M
| $94.2K | ﹤0.01% |
14,400
-19,300
| -57% | -$150K |
|
11488
Harvard Bioscience
HBIO
$30.4M
| $93.5K | ﹤0.01% |
13,987
+5,552
| +66% | +$32.9K |
|
|
GUT
11489
Gabelli Utility Trust
GUT
$580M
| $93K | ﹤0.01% |
+15,430
| New | +$92.9K |
|
11490
CALL
HighPeak Energy
HPK
$947M
| $92.9K | ﹤0.01% |
+19,600
| New | +$118K |
|
|
IRD
11491
CALL
Opus Genetics
IRD
$309M
| $92.9K | ﹤0.01% |
+46,200
| New | +$93.8K |
|
11492
CALL
GrowGeneration
GRWG
$108M
| $92.8K | ﹤0.01% |
61,900
+8,300
| +15% | +$13.6K |
|
11493
Castellum
CTM
$62.4M
| $92.6K | ﹤0.01% |
102,556
+84,865
| +480% | +$90.6K |
|
11494
Rackspace Technology
RXT
$1.1B
| $92.6K | ﹤0.01% |
95,393
-284,513
| -75% | -$358K |
|
|
TUYA
11495
CALL
Tuya Inc
TUYA
$1.12B
| $92.4K | ﹤0.01% |
43,800
-71,600
| -62% | -$163K |
|
11496
Commercial Vehicle Group
CVGI
$130M
| $92.3K | ﹤0.01% |
64,129
+47,392
| +283% | +$75.4K |
|
11497
PUT
INmune Bio
INMB
$57.7M
| $92K | ﹤0.01% |
59,000
-96,600
| -62% | -$172K |
|
11498
Outset Medical
OM
$79.9M
| $91.7K | ﹤0.01% |
+24,714
| New | +$212K |
|
11499
Playtika
PLTK
$961M
| $91.6K | ﹤0.01% |
23,196
-132,894
| -85% | -$520K |
|
11500
Clarus
CLAR
$145M
| $91.6K | ﹤0.01% |
27,329
+15,291
| +127% | +$52.1K |
|
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.