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 | |
|---|---|---|---|---|---|---|
|
RKTO
11676
Rocket One Inc
RKTO
$19.3M
| $62.1K | ﹤0.01% |
+62,747
| New | +$79.8K |
|
11677
VTEX
VTEX
$630M
| $62K | ﹤0.01% |
16,479
-7,603
| -32% | -$31.2K |
|
|
DC.WS
11678
DELISTED
Dakota Gold Corp Warrants
DC.WS
| $61.6K | ﹤0.01% |
+16,969
| New | +$46.4K |
|
|
MDCX
11679
Medicus Pharma
MDCX
$20.1M
| $61.4K | ﹤0.01% |
+40,162
| New | +$86K |
|
11680
Cardiff Oncology
CRDF
$76.6M
| $61.4K | ﹤0.01% |
21,840
-42,266
| -66% | -$98.1K |
|
11681
Atea Pharmaceuticals
AVIR
$406M
| $61.2K | ﹤0.01% |
17,156
-32,538
| -65% | -$103K |
|
|
TONX
11682
PUT
TON Strategy Co
TONX
$160M
| $61.1K | ﹤0.01% |
30,700
-14,000
| -31% | -$51.1K |
|
|
INV
11683
CALL
Innventure Inc
INV
$303M
| $61K | ﹤0.01% |
+14,600
| New | +$61.3K |
|
|
SEV
11684
CALL
Aptera Motors
SEV
$89.2M
| $60.9K | ﹤0.01% |
+14,200
| New | +$88.9K |
|
11685
PUT
Voyager Therapeutics
VYGR
$198M
| $60.9K | ﹤0.01% |
15,500
-700
| -4% | -$3.1K |
|
|
MVO
11686
DELISTED
MV Oil Trust
MVO
| $60.9K | ﹤0.01% |
49,110
+373
| +0.8% | +$1.22K |
|
11687
Metalpha Technology Holding
MATH
$38.5M
| $60.9K | ﹤0.01% |
+28,997
| New | +$84.5K |
|
11688
CALL
Vista Gold
VGZ
$328M
| $60.9K | ﹤0.01% |
30,900
-2,900
| -9% | -$5.59K |
|
11689
CALL
INmune Bio
INMB
$57.7M
| $60.7K | ﹤0.01% |
38,900
-57,300
| -60% | -$102K |
|
11690
PUT
Nkarta
NKTX
$165M
| $60.7K | ﹤0.01% |
32,800
+15,200
| +86% | +$30.4K |
|
11691
Innoviz Technologies
INVZ
$114M
| $60K | ﹤0.01% |
70,361
-569,595
| -89% | -$901K |
|
11692
CALL
Cricut
CRCT
$1.24B
| $59.9K | ﹤0.01% |
12,100
-10,200
| -46% | -$52.1K |
|
|
FMST
11693
Foremost Lithium Resource & Technology
FMST
$21.4M
| $59.6K | ﹤0.01% |
+28,124
| New | +$83.1K |
|
11694
Patriot National Bancorp
PNBK
$131M
| $59.2K | ﹤0.01% |
+32,532
| New | +$44.9K |
|
11695
CALL
CPS Technologies
CPSH
$83M
| $59K | ﹤0.01% |
+19,100
| New | +$67.6K |
|
11696
NanoViricides
NNVC
$34.7M
| $58.6K | ﹤0.01% |
51,871
-346
| -0.7% | -$486 |
|
11697
ClearSign Technologies
CLIR
$28.9M
| $58.3K | ﹤0.01% |
10,476
+5,492
| +110% | +$43.7K |
|
|
YARW
11698
Yarrow Bioscience, Inc. Common Stock
YARW
$114M
| $58.2K | ﹤0.01% |
2,007
+852
| +74% | +$17.1K |
|
11699
American Shared Hospital Services
AMS
$10.6M
| $57.8K | ﹤0.01% |
+27,371
| New | +$60K |
|
11700
Epsilon Energy
EPSN
$161M
| $57.6K | ﹤0.01% |
12,420
-9,668
| -44% | -$46.6K |
|
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.