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 | |
|---|---|---|---|---|---|---|
2526
Fabrinet
FN
$15.5B
| $12.8M | ﹤0.01% |
43,500
-13,988
| -24% | -$3.12M |
|
|
TPC
2527
PUT
Tutor Perini Cor
TPC
$4.83B
| $12.8M | ﹤0.01% |
273,600
+41,400
| +18% | +$1.32M |
|
2528
CALL
M/I Homes
MHO
$3.81B
| $12.8M | ﹤0.01% |
114,100
+5,400
| +5% | +$586K |
|
2529
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$742M
| $12.8M | ﹤0.01% |
176,900
+79,075
| +81% | +$6.18M |
|
2530
PUT
Urban Outfitters
URBN
$6.83B
| $12.7M | ﹤0.01% |
175,700
+111,000
| +172% | +$6.67M |
|
2531
Capital Group Growth ETF
CGGR
$25.3B
| $12.7M | ﹤0.01% |
313,311
+297,971
| +1,942% | +$10.9M |
|
2532
CALL
Applied Optoelectronics
AAOI
$9.61B
| $12.7M | ﹤0.01% |
495,100
+250,000
| +102% | +$4.04M |
|
2533
PUT
Warrior Met Coal
HCC
$5.74B
| $12.7M | ﹤0.01% |
277,500
+64,700
| +30% | +$3M |
|
2534
CALL
Rithm Capital
RITM
$5.61B
| $12.7M | ﹤0.01% |
1,125,400
-30,500
| -3% | -$336K |
|
2535
Iron Mountain
IRM
$36.6B
| $12.7M | ﹤0.01% |
123,770
+55,956
| +83% | +$5.27M |
|
2536
iShares Global 100 ETF
IOO
$9.34B
| $12.7M | ﹤0.01% |
117,679
+82,154
| +231% | +$8.16M |
|
2537
PUT
Credit Acceptance
CACC
$6.23B
| $12.7M | ﹤0.01% |
24,900
+20,700
| +493% | +$10.2M |
|
2538
PUT
Star Bulk Carriers
SBLK
$3.4B
| $12.7M | ﹤0.01% |
734,900
+222,900
| +44% | +$3.47M |
|
2539
PUT
Cracker Barrel
CBRL
$1.24B
| $12.7M | ﹤0.01% |
207,500
-61,400
| -23% | -$3.09M |
|
2540
CALL
Birkenstock
BIRK
$5.81B
| $12.7M | ﹤0.01% |
257,600
+226,600
| +731% | +$11.6M |
|
2541
CALL
KB Home
KBH
$3.34B
| $12.6M | ﹤0.01% |
238,800
-432,700
| -64% | -$23M |
|
2542
CALL
ARK 21Shares Bitcoin ETF
ARKB
$3.05B
| $12.6M | ﹤0.01% |
352,600
+98,500
| +39% | +$3.23M |
|
2543
PUT
Aramark
ARMK
$15.6B
| $12.6M | ﹤0.01% |
300,900
+251,000
| +503% | +$9.32M |
|
2544
Antero Resources
AR
$11.9B
| $12.6M | ﹤0.01% |
312,731
+139,437
| +80% | +$5.28M |
|
2545
PUT
JetBlue
JBLU
$1.84B
| $12.6M | ﹤0.01% |
2,976,100
+1,298,400
| +77% | +$5.81M |
|
2546
American Tower
AMT
$81.3B
| $12.6M | ﹤0.01% |
56,900
+18,282
| +47% | +$3.95M |
|
2547
PUT
Nasdaq
NDAQ
$55.8B
| $12.6M | ﹤0.01% |
140,600
-76,500
| -35% | -$6.11M |
|
2548
CALL
Willis Towers Watson
WTW
$31.5B
| $12.6M | ﹤0.01% |
41,000
-80,600
| -66% | -$25M |
|
2549
Capital Group Dividend Value ETF
CGDV
$38.8B
| $12.5M | ﹤0.01% |
317,753
-262,763
| -45% | -$9.52M |
|
2550
Expedia Group
EXPE
$38.1B
| $12.5M | ﹤0.01% |
74,374
-88,633
| -54% | -$14.4M |
|
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.