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 | |
|---|---|---|---|---|---|---|
|
CRT
11551
Cross Timbers Royalty Trust
CRT
$60.4M
| $83K | ﹤0.01% |
10,439
-17,689
| -63% | -$141K |
|
11552
DHI Group
DHX
$174M
| $82.7K | ﹤0.01% |
53,378
-72,661
| -58% | -$137K |
|
|
YI
11553
111 Inc
YI
$33.4M
| $81.5K | ﹤0.01% |
31,947
+2,038
| +7% | +$8.09K |
|
11554
InnovAge Holding
INNV
$1.45B
| $81.4K | ﹤0.01% |
15,678
-1,767
| -10% | -$9.29K |
|
11555
Inuvo
INUV
$14.2M
| $81.3K | ﹤0.01% |
32,777
+4,029
| +14% | +$11.6K |
|
11556
Identive
INVE
$64.1M
| $81.2K | ﹤0.01% |
+21,156
| New | +$76.3K |
|
|
MRDN
11557
Meridian Holdings Inc
MRDN
$178M
| $81.2K | ﹤0.01% |
8,449
-1,085
| -11% | -$11.9K |
|
11558
Katapult Holdings
KPLT
$35.9M
| $81.1K | ﹤0.01% |
+12,557
| New | +$112K |
|
11559
CALL
ACV Auctions
ACVA
$1.35B
| $81K | ﹤0.01% |
10,100
-94,300
| -90% | -$763K |
|
11560
CALL
Wheels Up
UP
$187M
| $80.4K | ﹤0.01% |
6,090
-34,770
| -85% | -$792K |
|
11561
CALL
908 Devices
MASS
$418M
| $80.3K | ﹤0.01% |
+15,300
| New | +$107K |
|
|
HITI
11562
CALL
High Tide
HITI
$204M
| $80.3K | ﹤0.01% |
30,300
-15,000
| -33% | -$44.5K |
|
|
SOHO
11563
DELISTED
Sotherly Hotels
SOHO
| $80.1K | ﹤0.01% |
37,254
+6,367
| +21% | +$11.4K |
|
|
FFWM
11564
PUT
DELISTED
First Foundation Inc
FFWM
| $80.1K | ﹤0.01% |
13,000
-1,000
| -7% | -$5.6K |
|
11565
Grove Collaborative
GROV
$44M
| $79.7K | ﹤0.01% |
72,421
+4,784
| +7% | +$6.51K |
|
11566
CALL
CPI Aerostructures
CVU
$75M
| $79.6K | ﹤0.01% |
+20,100
| New | +$55K |
|
11567
PUT
Laser Photonics
LASE
$68.7M
| $79.3K | ﹤0.01% |
32,100
+16,800
| +110% | +$56.4K |
|
|
DEFT
11568
CALL
Defi Technologies
DEFT
$187M
| $79.2K | ﹤0.01% |
105,600
-82,700
| -44% | -$127K |
|
11569
PUT
HighPeak Energy
HPK
$947M
| $79.2K | ﹤0.01% |
16,700
-36,300
| -68% | -$218K |
|
11570
CALL
Baytex Energy
BTE
$3B
| $79.1K | ﹤0.01% |
+24,500
| New | +$68.3K |
|
|
11571
CPI Aerostructures
CVU
$75M
| $79K | ﹤0.01% |
19,937
-127,698
| -86% | -$349K |
|
11572
PUT
Rackspace Technology
RXT
$1.1B
| $78.9K | ﹤0.01% |
+81,300
| New | +$102K |
|
11573
Envoy Medical
COCH
$57.6M
| $78.7K | ﹤0.01% |
+119,115
| New | +$94.3K |
|
11574
Beamr Imaging
BMR
$19.7M
| $78.6K | ﹤0.01% |
50,080
-7,370
| -13% | -$17.5K |
|
|
PLG
11575
CALL
Platinum Group Metals
PLG
$189M
| $78.4K | ﹤0.01% |
+33,200
| New | +$80.1K |
|
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.