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 | |
|---|---|---|---|---|---|---|
|
VOXR
11701
Vox Royalty Corp
VOXR
$369M
| $57.5K | ﹤0.01% |
+12,137
| New | +$55K |
|
|
LGO
11702
PUT
Largo
LGO
$76.5M
| $57.5K | ﹤0.01% |
+61,200
| New | +$72.6K |
|
11703
PUT
Frontier Group Holdings
ULCC
$1.57B
| $57.5K | ﹤0.01% |
12,200
-85,600
| -88% | -$379K |
|
|
VIVO
11704
PUT
VivoPower PLC
VIVO
$141M
| $57.4K | ﹤0.01% |
25,300
-22,400
| -47% | -$76.9K |
|
11705
PUT
Nano X Imaging
NNOX
$73.2M
| $57.4K | ﹤0.01% |
20,500
-149,900
| -88% | -$539K |
|
11706
TherapeuticsMD
TXMD
$24.1M
| $57.3K | ﹤0.01% |
+35,164
| New | +$50.8K |
|
11707
Blue Ridge Bankshares
BRBS
$336M
| $57.2K | ﹤0.01% |
+13,387
| New | +$58.1K |
|
11708
PUT
Ocean Power Technologies
OPTT
$55.4M
| $57K | ﹤0.01% |
190,000
+31,500
| +20% | +$14.2K |
|
11709
Gaia
GAIA
$33.3M
| $56.9K | ﹤0.01% |
+15,673
| New | +$71.7K |
|
11710
Wipro
WIT
$19.4B
| $56.8K | ﹤0.01% |
+19,985
| New | +$54.6K |
|
11711
T Stamp
IDAI
$13.9M
| $56.7K | ﹤0.01% |
+14,497
| New | +$56.8K |
|
|
RDNW
11712
PUT
RideNow Group
RDNW
$241M
| $56.3K | ﹤0.01% |
+10,200
| New | +$47.7K |
|
11713
CarParts.com
PRTS
$50.3M
| $55.7K | ﹤0.01% |
+11,148
| New | +$62.4K |
|
11714
PUT
Cumberland Pharmaceuticals
CPIX
$118M
| $55.7K | ﹤0.01% |
+14,000
| New | +$41.5K |
|
|
WIMI
11715
WiMi Hologram Cloud
WIMI
$24.5M
| $55.5K | ﹤0.01% |
23,428
-25,432
| -52% | -$86.3K |
|
11716
PUT
Organogenesis Holdings
ORGO
$226M
| $55.4K | ﹤0.01% |
+10,700
| New | +$51.8K |
|
|
AISP
11717
CALL
Airship AI Holdings
AISP
$66.8M
| $55.2K | ﹤0.01% |
19,100
-355,500
| -95% | -$1.46M |
|
11718
Advantage Solutions
ADV
$423M
| $55.2K | ﹤0.01% |
2,508
+1,068
| +74% | +$30.9K |
|
11719
ZipRecruiter
ZIP
$388M
| $55.2K | ﹤0.01% |
14,142
-8,381
| -37% | -$37.7K |
|
|
RPTX
11720
PUT
DELISTED
Repare Therapeutics
RPTX
| $55.1K | ﹤0.01% |
+21,200
| New | +$42.7K |
|
11721
Brilliant Earth
BRLT
$23M
| $54.6K | ﹤0.01% |
31,192
-21,282
| -41% | -$45.2K |
|
11722
Tilly's
TLYS
$122M
| $54.5K | ﹤0.01% |
27,403
-4,990
| -15% | -$8.17K |
|
|
IONR
11723
Ioneer
IONR
$240M
| $54.3K | ﹤0.01% |
+11,309
| New | +$55.5K |
|
11724
CALL
Vera Bradley
VRA
$94.7M
| $54K | ﹤0.01% |
+22,300
| New | +$51.8K |
|
11725
Siebert Financial
SIEB
$78.1M
| $53.8K | ﹤0.01% |
+15,333
| New | +$48.7K |
|
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.