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 | |
|---|---|---|---|---|---|---|
11876
MediciNova
MNOV
$64.5M
| $29.8K | ﹤0.01% |
22,753
-100,126
| -81% | -$138K |
|
11877
PDS Biotechnology
PDSB
$13M
| $29.7K | ﹤0.01% |
38,566
-55,778
| -59% | -$50.3K |
|
11878
CALL
Outdoor Holding Co
POWW
$255M
| $29.6K | ﹤0.01% |
17,300
+1,400
| +9% | +$2.41K |
|
11879
OmniAb
OABI
$499M
| $29.5K | ﹤0.01% |
15,958
+1,033
| +7% | +$1.79K |
|
|
ABVE
11880
CALL
DELISTED
Above Food Ingredients Inc
ABVE
| $29.5K | ﹤0.01% |
+18,100
| New | +$54.1K |
|
11881
HF Foods Group
HFFG
$97.6M
| $29.5K | ﹤0.01% |
13,721
-1,137
| -8% | -$2.74K |
|
|
NOTE
11882
CALL
DELISTED
FiscalNote
NOTE
| $29.4K | ﹤0.01% |
20,000
-90,500
| -82% | -$275K |
|
11883
SemiLEDS
LEDS
$17.6M
| $29.2K | ﹤0.01% |
+19,436
| New | +$43.8K |
|
11884
MaxCyte
MXCT
$149M
| $29.1K | ﹤0.01% |
18,769
+165
| +0.9% | +$264 |
|
11885
SOBR Safe
SOBR
$1.67M
| $28.5K | ﹤0.01% |
+13,309
| New | +$33.6K |
|
11886
PUT
Clean Energy Fuels
CLNE
$395M
| $28.4K | ﹤0.01% |
13,500
+900
| +7% | +$2.2K |
|
11887
Xtant Medical Holdings
XTNT
$43.8M
| $28.3K | ﹤0.01% |
+36,158
| New | +$26.3K |
|
|
ACH
11888
PUT
Accendra Health
ACH
$84.6M
| $28.3K | ﹤0.01% |
10,100
-113,600
| -92% | -$406K |
|
11889
CALL
ProQR Therapeutics
PRQR
$261M
| $28.3K | ﹤0.01% |
+14,000
| New | +$32.7K |
|
|
UFG
11890
Uni-Fuels Holdings
UFG
$17.6M
| $28K | ﹤0.01% |
+41,100
| New | +$43.3K |
|
11891
IRIDEX
IRIX
$14.3M
| $27.9K | ﹤0.01% |
24,487
-31,983
| -57% | -$32.9K |
|
|
ETS
11892
Elite Express Holding Inc
ETS
$52.1M
| $27.9K | ﹤0.01% |
+56,449
| New | +$36.5K |
|
|
QTEX
11893
QTREX Quantum
QTEX
$55.7M
| $27.8K | ﹤0.01% |
+30,884
| New | +$32.4K |
|
11894
CALL
Black Diamond Therapeutics
BDTX
$116M
| $27.5K | ﹤0.01% |
11,300
-57,400
| -84% | -$203K |
|
11895
PUT
Atomera
ATOM
$212M
| $27.4K | ﹤0.01% |
12,400
-24,100
| -66% | -$72.8K |
|
11896
CALL
IT Tech Packaging
ITP
$2.88M
| $27.1K | ﹤0.01% |
123,400
+85,100
| +222% | +$21K |
|
|
BNKK
11897
PUT
Bonk Inc
BNKK
$8.16M
| $27.1K | ﹤0.01% |
10,500
+10,023
| +2,101% | +$69.1K |
|
11898
Hyperfine
HYPR
$94.7M
| $27K | ﹤0.01% |
27,569
-2,664
| -9% | -$3.21K |
|
11899
Good Times Restaurants
GTIM
$17.2M
| $27K | ﹤0.01% |
+22,287
| New | +$31.2K |
|
|
DVLT
11900
Datavault AI
DVLT
$277M
| $26.9K | ﹤0.01% |
+41,992
| New | +$73.5K |
|
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.