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 | |
|---|---|---|---|---|---|---|
11851
SurgePays
SURG
$6.2M
| $33.6K | ﹤0.01% |
20,135
-48,398
| -71% | -$108K |
|
11852
PUT
Fuel Tech
FTEK
$45.3M
| $33.2K | ﹤0.01% |
+21,300
| New | +$46.9K |
|
11853
Roadzen Inc Warrants
RDZNW
$8.64M
| $33.2K | ﹤0.01% |
122,069
-163,165
| -57% | -$23.3K |
|
|
HYFT
11854
PUT
MindWalk Holdings
HYFT
$65.3M
| $33.1K | ﹤0.01% |
18,200
-76,900
| -81% | -$135K |
|
|
AIFF
11855
Firefly Neuroscience
AIFF
$18.1M
| $33K | ﹤0.01% |
+37,742
| New | +$70.4K |
|
11856
Kopin
KOPN
$898M
| $32.9K | ﹤0.01% |
+14,049
| New | +$40.6K |
|
11857
AEye
LIDR
$59.5M
| $32.5K | ﹤0.01% |
+17,684
| New | +$44.7K |
|
11858
PUT
Zevia
ZVIA
$101M
| $32.5K | ﹤0.01% |
14,000
-2,800
| -17% | -$6.95K |
|
|
WIMI
11859
CALL
WiMi Hologram Cloud
WIMI
$24.5M
| $32.5K | ﹤0.01% |
13,700
-44,300
| -76% | -$150K |
|
|
AIFU
11860
PUT
AIFU Inc
AIFU
$218M
| $32.3K | ﹤0.01% |
605
-310
| -34% | -$23.9K |
|
11861
SCYNEXIS
SCYX
$50.9M
| $32.3K | ﹤0.01% |
+6,377
| New | +$34.7K |
|
11862
PUT
CPS Technologies
CPSH
$83M
| $31.8K | ﹤0.01% |
+10,300
| New | +$36.5K |
|
|
ORIO
11863
Orion Digital Corp
ORIO
$21.1M
| $31.5K | ﹤0.01% |
+29,441
| New | +$41.9K |
|
11864
Aterian
ATER
$5.26M
| $31.3K | ﹤0.01% |
45,052
+4,540
| +11% | +$3.97K |
|
11865
Huadi International Group
HUDI
$13.4M
| $31.2K | ﹤0.01% |
+27,901
| New | +$36.1K |
|
|
HODO
11866
House of Doge
HODO
$37.2M
| $30.9K | ﹤0.01% |
+9,660
| New | +$80.4K |
|
11867
CALL
Cineverse
CNVS
$68.2M
| $30.6K | ﹤0.01% |
14,500
-9,100
| -39% | -$24.6K |
|
11868
Urban One Class A
UONE
$23.5M
| $30.3K | ﹤0.01% |
+2,946
| New | +$36.2K |
|
|
IQST
11869
IQSTEL Inc
IQST
$7.95M
| $30.3K | ﹤0.01% |
+10,411
| New | +$49.6K |
|
|
WBX
11870
Wallbox
WBX
$72.3M
| $30.2K | ﹤0.01% |
+12,907
| New | +$53.4K |
|
11871
BeyondSpring
BYSI
$41M
| $30.1K | ﹤0.01% |
+18,495
| New | +$35.5K |
|
11872
Acrivon Therapeutics
ACRV
$79.2M
| $30K | ﹤0.01% |
+12,433
| New | +$27K |
|
11873
Maris-Tech
MTEK
$12.6M
| $29.9K | ﹤0.01% |
+25,749
| New | +$39.2K |
|
|
JUNS
11874
Jupiter Neurosciences
JUNS
$4.62M
| $29.9K | ﹤0.01% |
+390
| New | +$38.9K |
|
|
CRCG
11875
Leverage Shares 2X Long CRCL Daily ETF
CRCG
$126M
| $29.9K | ﹤0.01% |
1,148
-1,363
| -54% | -$74.5K |
|
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.