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 | |
|---|---|---|---|---|---|---|
11751
Data I/O
DAIO
$33.1M
| $49.8K | ﹤0.01% |
15,697
+269
| +2% | +$808 |
|
11752
PUT
VistaGen Therapeutics
VTGN
$11.8M
| $49.5K | ﹤0.01% |
75,000
+60,500
| +417% | +$219K |
|
11753
American Vanguard Corp
AVD
$62.8M
| $49.4K | ﹤0.01% |
12,919
-18,433
| -59% | -$86.2K |
|
|
TRVG
11754
trivago
TRVG
$365M
| $49.2K | ﹤0.01% |
16,973
+448
| +3% | +$1.36K |
|
11755
CALL
Clarivate
CLVT
$1.25B
| $49.1K | ﹤0.01% |
14,700
-41,200
| -74% | -$146K |
|
|
YRD
11756
Yiren Digital
YRD
$105M
| $48.8K | ﹤0.01% |
13,177
-23,116
| -64% | -$118K |
|
11757
NexGel
NXGL
$4.51M
| $48.7K | ﹤0.01% |
30,245
-13,381
| -31% | -$27.6K |
|
11758
PUT
E.W. Scripps
SSP
$310M
| $48.7K | ﹤0.01% |
+12,200
| New | +$41K |
|
11759
BioCardia
BCDA
$13.8M
| $48.5K | ﹤0.01% |
38,809
+1
| +0% | +$1 |
|
|
ZNB
11760
Zeta Network Group
ZNB
$2.27M
| $48.5K | ﹤0.01% |
+105
| New | +$96.9K |
|
11761
Oxbridge Re Holdings
OXBR
$10.5M
| $48.4K | ﹤0.01% |
+36,131
| New | +$53.5K |
|
|
CMU
11762
DELISTED
MFS High Yield Municipal Trust
CMU
| $48.1K | ﹤0.01% |
+13,703
| New | +$47.9K |
|
|
LAWR
11763
Robot Consulting Co
LAWR
| $48.1K | ﹤0.01% |
+12,822
| New | +$42.9K |
|
11764
SenesTech
SNES
$6.78M
| $48.1K | ﹤0.01% |
+22,461
| New | +$70.1K |
|
11765
CALL
Solana Company
HSDT
$105M
| $48K | ﹤0.01% |
+16,600
| New | +$110K |
|
11766
SKYX Platforms
SKYX
$148M
| $47.9K | ﹤0.01% |
22,071
-28,966
| -57% | -$51.7K |
|
|
AMBR
11767
Amber International Holding Ltd
AMBR
$126M
| $47.8K | ﹤0.01% |
27,656
-29,286
| -51% | -$57.8K |
|
11768
Asia Pacific Wire & Cable
APWC
$61.8M
| $47.6K | ﹤0.01% |
25,343
-6,558
| -21% | -$12.2K |
|
11769
ReWalk Robotics
LFWD
$22.2M
| $47.6K | ﹤0.01% |
6,885
-2,854
| -29% | -$22.2K |
|
11770
Snail Inc
SNAL
$26.3M
| $47.3K | ﹤0.01% |
10,644
+4,658
| +78% | +$22.9K |
|
11771
CALL
Ocean Power Technologies
OPTT
$55.4M
| $46.8K | ﹤0.01% |
156,100
-504,100
| -76% | -$227K |
|
11772
PUT
Valens Semiconductor
VLN
$210M
| $46.6K | ﹤0.01% |
+32,800
| New | +$54.1K |
|
11773
Caesarstone
CSTE
$105M
| $46.5K | ﹤0.01% |
25,009
-11,743
| -32% | -$16.5K |
|
11774
PUT
Erasca
ERAS
$6.25B
| $46.5K | ﹤0.01% |
12,500
-3,800
| -23% | -$10.7K |
|
11775
BioAtla
BCAB
$5.73M
| $46.4K | ﹤0.01% |
1,634
-3,418
| -68% | -$134K |
|
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.