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 |
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 | Miscellaneous | 94.23% |
| 2 | Technology | 1.7% |
| 3 | Consumer Discretionary | 0.84% |
| 4 | Communication Services | 0.67% |
| 5 | Financials | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
PUT
Owens Corning
OC
$11.4B
| $15.1M | ﹤0.01% |
135,100
+30,500
| +29% | +$3.58M |
|
2527
CALL
Hormel Foods
HRL
$11.8B
| $15.1M | ﹤0.01% |
637,600
+467,600
| +275% | +$10.9M |
|
2528
PUT
Paychex
PAYX
$45B
| $15.1M | ﹤0.01% |
134,700
-502,300
| -79% | -$58.8M |
|
2529
Ondas Inc
ONDS
$5.02B
| $15.1M | ﹤0.01% |
1,546,596
-78,888
| -5% | -$634K |
|
2530
CALL
Hartford Financial Services
HIG
$37.4B
| $15.1M | ﹤0.01% |
109,500
+11,900
| +12% | +$1.57M |
|
2531
PUT
Navitas Semiconductor
NVTS
$3.29B
| $15.1M | ﹤0.01% |
2,112,700
-506,700
| -19% | -$4.88M |
|
2532
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.32B
| $15.1M | ﹤0.01% |
203,902
+33,332
| +20% | +$2.39M |
|
2533
ARK 21Shares Bitcoin ETF
ARKB
$3.06B
| $15.1M | ﹤0.01% |
518,390
+476,601
| +1,140% | +$15.8M |
|
|
CIVI
2534
CALL
DELISTED
Civitas Resources
CIVI
| $15M | ﹤0.01% |
555,400
-174,600
| -24% | -$5.05M |
|
2535
PUT
Enovix
ENVX
$772M
| $15M | ﹤0.01% |
2,057,400
-14,000
| -0.7% | -$136K |
|
2536
CALL
GXO Logistics
GXO
$5.5B
| $15M | ﹤0.01% |
285,500
+192,200
| +206% | +$10.1M |
|
2537
Popular Inc
BPOP
$10.8B
| $15M | ﹤0.01% |
120,672
+15,339
| +15% | +$1.81M |
|
2538
CALL
Amdocs
DOX
$6.55B
| $15M | ﹤0.01% |
186,300
+181,200
| +3,553% | +$14.6M |
|
|
VG
2539
PUT
Venture Global Inc
VG
$36.6B
| $15M | ﹤0.01% |
2,199,000
+1,239,100
| +129% | +$10.3M |
|
|
JMIA
2540
Jumia Technologies
JMIA
$881M
| $15M | ﹤0.01% |
1,200,472
+112,262
| +10% | +$1.3M |
|
2541
Cintas
CTAS
$81.5B
| $15M | ﹤0.01% |
79,600
-100,618
| -56% | -$19M |
|
2542
PUT
Calumet Specialty Products
CLMT
$4.02B
| $15M | ﹤0.01% |
752,400
+1,400
| +0.2% | +$26.9K |
|
2543
PUT
KeyCorp
KEY
$23.5B
| $14.9M | ﹤0.01% |
724,100
-215,200
| -23% | -$4.01M |
|
2544
AB InBev
BUD
$155B
| $14.9M | ﹤0.01% |
233,277
+65,213
| +39% | +$4.05M |
|
2545
PUT
PPG Industries
PPG
$25.2B
| $14.9M | ﹤0.01% |
145,700
-63,000
| -30% | -$6.33M |
|
2546
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $14.9M | ﹤0.01% |
260,500
-169,400
| -39% | -$9.67M |
|
2547
CALL
Ramaco Resources Class A
METC
$889M
| $14.9M | ﹤0.01% |
828,100
-364,000
| -31% | -$9.56M |
|
2548
PUT
Asana
ASAN
$2.35B
| $14.9M | ﹤0.01% |
1,086,500
+81,300
| +8% | +$1.12M |
|
2549
PUT
Roivant Sciences
ROIV
$27.2B
| $14.9M | ﹤0.01% |
686,400
-179,300
| -21% | -$3.54M |
|
|
2550
Owens Corning
OC
$11.4B
| $14.9M | ﹤0.01% |
133,078
+74,010
| +125% | +$8.69M |
|
Similar funds
Jeff Yass's Q4 2025 Portfolio in Review
As of Q4 2025, Jeff Yass held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass'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 Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Jeff Yass added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Jeff Yass's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Jeff Yass fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Jeff Yass's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Jeff Yass opened 1,864 new positions and closed 1,914 in Q4 2025.
- Jeff Yass'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.