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 | |
|---|---|---|---|---|---|---|
|
FLD
11901
CALL
Fold Holdings
FLD
$26.1M
| $26.9K | ﹤0.01% |
10,300
-108,900
| -91% | -$360K |
|
11902
Kaltura
KLTR
$243M
| $26.8K | ﹤0.01% |
+16,339
| New | +$25.8K |
|
11903
Shengfeng Development Ltd
SFWL
$73.1M
| $26.5K | ﹤0.01% |
+27,710
| New | +$26.3K |
|
|
FARM
11904
CALL
DELISTED
Farmer Brothers
FARM
| $26.4K | ﹤0.01% |
18,100
-16,700
| -48% | -$26.9K |
|
11905
Montauk Renewables
MNTK
$268M
| $26.4K | ﹤0.01% |
15,812
-6,033
| -28% | -$11.6K |
|
|
TOUR
11906
Tuniu
TOUR
$54.4M
| $26.3K | ﹤0.01% |
4,250
+3,162
| +291% | +$24.9K |
|
11907
Mobile Infrastructure Corp
BEEP
$100M
| $26.3K | ﹤0.01% |
+10,320
| New | +$32.3K |
|
11908
Recon Technology
RCON
$2.5M
| $26.3K | ﹤0.01% |
16,632
-8,509
| -34% | -$13.1K |
|
|
CLSKW
11909
CleanSpark Inc Warrant
CLSKW
$259K
| $26.3K | ﹤0.01% |
+71,020
| New | +$40.1K |
|
11910
Bridgeline Digital
BLIN
$13.9M
| $25.8K | ﹤0.01% |
31,116
-23,072
| -43% | -$26.4K |
|
11911
GameSquare
GAME
$39M
| $25.8K | ﹤0.01% |
+66,953
| New | +$38.7K |
|
|
SMUP
11912
T-REX 2X Long SMR Daily Target ETF
SMUP
$8.82M
| $25.6K | ﹤0.01% |
+1,099
| New | +$182K |
|
11913
Infobird
IFBD
$9.25M
| $25.5K | ﹤0.01% |
+25,806
| New | +$27.1K |
|
11914
AN2 Therapeutics
ANTX
$226M
| $25.4K | ﹤0.01% |
+22,240
| New | +$26K |
|
|
CANG
11915
Cango Inc
CANG
$92.7M
| $25.1K | ﹤0.01% |
+1,675
| New | +$45.9K |
|
|
OGI
11916
PUT
Organigram Holdings
OGI
$177M
| $25K | ﹤0.01% |
14,900
+4,000
| +37% | +$6.88K |
|
11917
PUT
Standard BioTools
LAB
$294M
| $24.7K | ﹤0.01% |
19,300
+600
| +3% | +$806 |
|
|
BRAG
11918
Bragg Gaming Group
BRAG
$46.2M
| $24.5K | ﹤0.01% |
+11,685
| New | +$27.7K |
|
11919
CALL
Traeger
COOK
$166M
| $24.4K | ﹤0.01% |
452
+4
| +0.9% | +$195 |
|
11920
CALL
SkinHealth Systems
SKIN
$85.9M
| $24.3K | ﹤0.01% |
17,500
-244,400
| -93% | -$353K |
|
|
ORIO
11921
CALL
Orion Digital Corp
ORIO
$21.1M
| $24K | ﹤0.01% |
22,400
-66,000
| -75% | -$93.9K |
|
|
CIF
11922
DELISTED
MFS Intermediate High Income Fund
CIF
| $23.8K | ﹤0.01% |
+14,027
| New | +$24.3K |
|
11923
PUT
Wheels Up
UP
$187M
| $23.8K | ﹤0.01% |
1,805
-19,575
| -92% | -$446K |
|
|
COOT
11924
Australian Oilseeds Holdings
COOT
$14M
| $23.8K | ﹤0.01% |
+46,134
| New | +$48.8K |
|
11925
PUT
Ovid Therapeutics
OVID
$523M
| $23.3K | ﹤0.01% |
+14,300
| New | +$22K |
|
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.