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 | |
|---|---|---|---|---|---|---|
11526
Five Point Holdings
FPH
$372M
| $87.5K | ﹤0.01% |
15,647
-15,757
| -50% | -$93.2K |
|
11527
Lantern Pharma
LTRN
$33.6M
| $87.3K | ﹤0.01% |
28,820
-10,274
| -26% | -$38.2K |
|
11528
PUT
Playtika
PLTK
$961M
| $87.3K | ﹤0.01% |
22,100
-17,400
| -44% | -$68K |
|
|
FIRY
11529
PUT
Firy Inc
FIRY
$158M
| $87.1K | ﹤0.01% |
20,200
-43,600
| -68% | -$269K |
|
|
LNKB
11530
DELISTED
LINKBANCORP
LNKB
| $86.9K | ﹤0.01% |
+10,519
| New | +$79K |
|
11531
CALL
QuickLogic
QUIK
$230M
| $86.5K | ﹤0.01% |
14,400
-1,200
| -8% | -$7.77K |
|
11532
Orion
OEC
$360M
| $86.5K | ﹤0.01% |
+16,382
| New | +$88.9K |
|
|
ILPT
11533
PUT
Industrial Logistics Properties Trust
ILPT
$611M
| $86.4K | ﹤0.01% |
15,600
+700
| +5% | +$3.87K |
|
11534
CALL
ADC Therapeutics
ADCT
$134M
| $86.1K | ﹤0.01% |
24,400
-15,400
| -39% | -$62.5K |
|
11535
electroCore
ECOR
$89.6M
| $86.1K | ﹤0.01% |
+19,188
| New | +$96.2K |
|
11536
CALL
Solid Biosciences
SLDB
$974M
| $85.7K | ﹤0.01% |
15,200
-700
| -4% | -$3.79K |
|
|
MTA
11537
CALL
Metalla Royalty & Streaming
MTA
$848M
| $85.6K | ﹤0.01% |
11,000
-32,000
| -74% | -$230K |
|
11538
CALL
BCB Bancorp
BCBP
$163M
| $85.5K | ﹤0.01% |
+10,600
| New | +$85.5K |
|
11539
CALL
Lineage Cell Therapeutics
LCTX
$268M
| $85.3K | ﹤0.01% |
51,100
-58,200
| -53% | -$101K |
|
11540
CALL
Biodesix
BDSX
$251M
| $85K | ﹤0.01% |
12,500
-3,500
| -22% | -$25.8K |
|
11541
Kartoon Studios
TOON
$38.2M
| $84.5K | ﹤0.01% |
+117,403
| New | +$86.6K |
|
11542
J-Long Group
JL
$18M
| $84.4K | ﹤0.01% |
+14,166
| New | +$77.9K |
|
11543
Xponential Fitness
XPOF
$206M
| $84.4K | ﹤0.01% |
10,258
-181,288
| -95% | -$1.29M |
|
11544
CALL
Stereotaxis
STXS
$137M
| $84.4K | ﹤0.01% |
+36,700
| New | +$97.7K |
|
11545
PUT
DiaMedica Therapeutics
DMAC
$364M
| $84.4K | ﹤0.01% |
10,600
-5,900
| -36% | -$44.1K |
|
11546
Horizon Technology Finance
HRZN
$343M
| $84.2K | ﹤0.01% |
13,058
-4,096
| -24% | -$26.2K |
|
11547
Northern Technologies International Corp
NTIC
$76.7M
| $84.2K | ﹤0.01% |
10,753
-3,412
| -24% | -$26.2K |
|
|
PPSI
11548
Pioneer Power Solutions
PPSI
$33.5M
| $83.9K | ﹤0.01% |
17,733
+655
| +4% | +$2.74K |
|
11549
Nautilus Biotechnolgy
NAUT
$113M
| $83.7K | ﹤0.01% |
+42,916
| New | +$70.4K |
|
11550
PUT
AirSculpt Technologies
AIRS
$244M
| $83.2K | ﹤0.01% |
42,000
-18,600
| -31% | -$113K |
|
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.