Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$680M |
| 2 |
Microsoft
MSFT
|
+$506M |
| 3 |
UnitedHealth
UNH
|
+$393M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$381M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.24B |
| 2 |
Tesla
TSLA
|
+$450M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$444M |
| 4 |
TSMC
TSM
|
+$432M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.94% |
| 2 | Technology | 1.79% |
| 3 | Consumer Discretionary | 0.82% |
| 4 | Financials | 0.79% |
| 5 | Healthcare | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
PUT
Weibo
WB
$1.72B
| $13.4M | ﹤0.01% |
1,404,400
-916,300
| -39% | -$8.05M |
|
2477
CALL
Corcept Therapeutics
CORT
$12.8B
| $13.4M | ﹤0.01% |
182,100
-105,700
| -37% | -$7.66M |
|
2478
CALL
Calumet Specialty Products
CLMT
$4.09B
| $13.3M | ﹤0.01% |
847,000
-499,200
| -37% | -$6.35M |
|
2479
PUT
ARK Genomic Revolution ETF
ARKG
$1.98B
| $13.3M | ﹤0.01% |
547,700
+62,700
| +13% | +$1.37M |
|
2480
CALL
MACOM Technology Solutions
MTSI
$20.9B
| $13.3M | ﹤0.01% |
93,000
+31,800
| +52% | +$3.72M |
|
2481
PUT
Keurig Dr Pepper
KDP
$43.5B
| $13.3M | ﹤0.01% |
402,800
-560,100
| -58% | -$18.9M |
|
2482
Stanley Black & Decker
SWK
$15B
| $13.3M | ﹤0.01% |
196,539
+130,348
| +197% | +$8.41M |
|
2483
PUT
BlackSky Technology
BKSY
$1.02B
| $13.3M | ﹤0.01% |
646,400
+497,200
| +333% | +$5.35M |
|
2484
MetLife
MET
$61.1B
| $13.3M | ﹤0.01% |
165,417
+51,238
| +45% | +$3.95M |
|
2485
Darling Ingredients
DAR
$9.73B
| $13.3M | ﹤0.01% |
350,587
+159,514
| +83% | +$5.25M |
|
2486
Centrus Energy
LEU
$3.89B
| $13.3M | ﹤0.01% |
72,520
+49,869
| +220% | +$5.32M |
|
2487
iShares Core MSCI International Developed Markets ETF
IDEV
$32.6B
| $13.3M | ﹤0.01% |
+174,660
| New | +$12.6M |
|
2488
Zoetis
ZTS
$31.1B
| $13.3M | ﹤0.01% |
85,085
-43,828
| -34% | -$6.95M |
|
2489
PUT
Vanguard Dividend Appreciation ETF
VIG
$113B
| $13.2M | ﹤0.01% |
64,700
+15,300
| +31% | +$2.97M |
|
2490
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $13.2M | ﹤0.01% |
221,700
-57,400
| -21% | -$3.28M |
|
2491
PUT
IES Holdings
IESC
$13.3B
| $13.2M | ﹤0.01% |
89,400
+17,600
| +25% | +$2.07M |
|
2492
PUT
Keysight
KEYS
$55B
| $13.2M | ﹤0.01% |
80,800
-57,500
| -42% | -$8.76M |
|
2493
PUT
Sysco
SYY
$39.6B
| $13.2M | ﹤0.01% |
174,800
-6,400
| -4% | -$465K |
|
2494
PUT
Tencent Music
TME
$14.2B
| $13.2M | ﹤0.01% |
678,000
+315,800
| +87% | +$4.96M |
|
2495
Primoris Services
PRIM
$4.15B
| $13.2M | ﹤0.01% |
169,378
+6,602
| +4% | +$447K |
|
2496
CALL
Klaviyo
KVYO
$5.54B
| $13.2M | ﹤0.01% |
393,000
-106,900
| -21% | -$3.39M |
|
2497
iShares Expanded Tech-Software Sector ETF
IGV
$15.1B
| $13.2M | ﹤0.01% |
120,430
-108,287
| -47% | -$10.7M |
|
2498
Regions Financial
RF
$25.9B
| $13.2M | ﹤0.01% |
560,490
+80,062
| +17% | +$1.69M |
|
2499
PUT
Kratos Defense & Security Solutions
KTOS
$10B
| $13.2M | ﹤0.01% |
283,600
+143,900
| +103% | +$5.21M |
|
2500
PUT
Elbit Systems
ESLT
$33.7B
| $13.2M | ﹤0.01% |
29,300
+25,700
| +714% | +$10.4M |
|
Similar funds
Jeff Yass's Q2 2025 Portfolio in Review
As of Q2 2025, Jeff Yass held 14,080 positions worth $720B, up 23% from $586B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass's Q2 2025 filing shows 1,720 new, 5,716 increased, 5,055 reduced and 1,538 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q2 2025 buy was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
- Jeff Yass added most to Apple in Q2 2025, an estimated $680M increase.
- Jeff Yass's biggest Q2 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.24B.
- Jeff Yass fully exited Vanguard Intermediate-Term Bond ETF in Q2 2025, selling an estimated $61.8M.
- Jeff Yass's ten largest holdings make up 26% of its $720B portfolio in Q2 2025.
- Jeff Yass opened 1,720 new positions and closed 1,538 in Q2 2025.
- Jeff Yass's portfolio value rose 23% quarter-over-quarter to $720B.
Based on Susquehanna International Group's 13F filing for Q2 2025, filed 14 Aug 2025.