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 | |
|---|---|---|---|---|---|---|
11926
CALL
Agilon Health
AGL
$1.49B
| $23.2K | ﹤0.01% |
1,344
-9,252
| -87% | -$179K |
|
11927
CALL
Offerpad Solutions
OPAD
$21.8M
| $23.1K | ﹤0.01% |
1,910
-35,920
| -95% | -$795K |
|
11928
CALL
Caribou Biosciences
CRBU
$159M
| $22.7K | ﹤0.01% |
14,300
-7,600
| -35% | -$16K |
|
11929
PUT
Atossa Therapeutics
ATOS
$25.5M
| $22.7K | ﹤0.01% |
2,567
+94
| +4% | +$1.19K |
|
|
UCL
11930
uCloudlink Group
UCL
$27.9M
| $22.6K | ﹤0.01% |
13,528
-8,571
| -39% | -$18K |
|
11931
Polar Power
POLA
$6.89M
| $22.6K | ﹤0.01% |
+13,509
| New | +$41.7K |
|
|
CISO
11932
CISO Global
CISO
$12.1M
| $22.1K | ﹤0.01% |
46,086
+20,511
| +80% | +$16.8K |
|
11933
Compugen
CGEN
$229M
| $22.1K | ﹤0.01% |
14,439
-2,663
| -16% | -$4.42K |
|
11934
PUT
FingerMotion
FNGR
$16.7M
| $22K | ﹤0.01% |
17,900
+900
| +5% | +$1.34K |
|
11935
Duluth Holdings
DLTH
$151M
| $22K | ﹤0.01% |
10,557
-72,993
| -87% | -$216K |
|
11936
MAIA Biotechnology
MAIA
$82.1M
| $21.9K | ﹤0.01% |
14,288
+2,673
| +23% | +$3.49K |
|
|
IH
11937
iHuman
IH
$67.5M
| $21.6K | ﹤0.01% |
+10,304
| New | +$27.3K |
|
|
OPENW
11938
Opendoor Technologies Inc Series K Warrants
OPENW
$6.98M
| $21.6K | ﹤0.01% |
+24,014
| New | +$32.4K |
|
|
OLPX
11939
PUT
DELISTED
Olaplex Holdings
OLPX
| $21.6K | ﹤0.01% |
16,100
+4,700
| +41% | +$5.59K |
|
11940
AgEagle Aerial Systems
UAVS
$61.5M
| $21.5K | ﹤0.01% |
+26,381
| New | +$41K |
|
|
NOTE
11941
PUT
DELISTED
FiscalNote
NOTE
| $21.5K | ﹤0.01% |
14,600
-185,000
| -93% | -$562K |
|
11942
GigaMedia
GIGM
$16.7M
| $21.4K | ﹤0.01% |
14,366
+1,352
| +10% | +$2.12K |
|
11943
PUT
MacroGenics
MGNX
$259M
| $21.3K | ﹤0.01% |
13,200
-53,400
| -80% | -$84K |
|
|
VBIO
11944
Valion Bio
VBIO
$707K
| $21.2K | ﹤0.01% |
+14,639
| New | +$33.4K |
|
|
SUIG
11945
PUT
Sui Group Holdings
SUIG
$64.7M
| $21.2K | ﹤0.01% |
12,700
-16,100
| -56% | -$41.6K |
|
|
GRMLW
11946
Greenland Mines Ltd Warrant
GRMLW
| $21.1K | ﹤0.01% |
217,879
-39,975
| -16% | -$6K |
|
|
ZENV
11947
DELISTED
Zenvia
ZENV
| $21.1K | ﹤0.01% |
+21,913
| New | +$27.9K |
|
11948
Phio Pharmaceuticals
PHIO
$12.8M
| $21.1K | ﹤0.01% |
+20,091
| New | +$32.1K |
|
|
ABVE
11949
PUT
DELISTED
Above Food Ingredients Inc
ABVE
| $21K | ﹤0.01% |
+12,900
| New | +$38.6K |
|
11950
PUT
Cerus
CERS
$574M
| $21K | ﹤0.01% |
10,200
-2,600
| -20% | -$4.51K |
|
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.