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 | |
|---|---|---|---|---|---|---|
2551
Baker Hughes
BKR
$61.7B
| $12.5M | ﹤0.01% |
327,154
-298,174
| -48% | -$11.3M |
|
2552
PennyMac Financial
PFSI
$3.82B
| $12.5M | ﹤0.01% |
125,676
+65,168
| +108% | +$6.32M |
|
|
ROBN
2553
CALL
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$144M
| $12.5M | ﹤0.01% |
+239,200
| New | +$5.61M |
|
2554
PUT
Viatris
VTRS
$19.4B
| $12.5M | ﹤0.01% |
1,401,200
+132,600
| +10% | +$1.12M |
|
2555
CALL
Cognizant
CTSH
$28.7B
| $12.5M | ﹤0.01% |
160,300
-184,600
| -54% | -$14.1M |
|
2556
CALL
CACI
CACI
$14B
| $12.5M | ﹤0.01% |
26,200
-7,700
| -23% | -$3.41M |
|
|
2557
Viatris
VTRS
$19.4B
| $12.5M | ﹤0.01% |
1,397,472
-688,212
| -33% | -$5.82M |
|
2558
CALL
Global X Copper Miners ETF NEW
COPX
$8.83B
| $12.5M | ﹤0.01% |
277,300
-262,800
| -49% | -$10.5M |
|
|
HUT
2559
Hut 8
HUT
$10.7B
| $12.5M | ﹤0.01% |
670,351
+176,504
| +36% | +$2.63M |
|
2560
PUT
Restaurant Brands International
QSR
$27.2B
| $12.5M | ﹤0.01% |
187,900
-68,400
| -27% | -$4.57M |
|
2561
Liquidia Corp
LQDA
$6.26B
| $12.5M | ﹤0.01% |
999,609
+248,822
| +33% | +$3.68M |
|
2562
PUT
Watsco Inc
WSO
$12.9B
| $12.5M | ﹤0.01% |
28,200
+18,400
| +188% | +$8.54M |
|
2563
CALL
New York Times
NYT
$11B
| $12.4M | ﹤0.01% |
222,200
+89,600
| +68% | +$4.75M |
|
2564
KraneShares Public-Private Emerging Markets Internet and Technology ETF
KEMQ
$25.9M
| $12.4M | ﹤0.01% |
552,271
+1,005
| +0.2% | +$19.8K |
|
2565
CALL
Knight Transportation
KNX
$11.2B
| $12.4M | ﹤0.01% |
281,000
+149,800
| +114% | +$6.37M |
|
2566
Old National Bancorp
ONB
$9.89B
| $12.4M | ﹤0.01% |
582,286
-1,770
| -0.3% | -$36.6K |
|
2567
American Electric Power
AEP
$66.8B
| $12.4M | ﹤0.01% |
119,505
+27,714
| +30% | +$2.88M |
|
2568
Martin Marietta Materials
MLM
$37.5B
| $12.4M | ﹤0.01% |
22,564
+16,630
| +280% | +$8.79M |
|
2569
PUT
Natera
NTRA
$48.8B
| $12.4M | ﹤0.01% |
73,300
-91,300
| -55% | -$14.2M |
|
2570
CALL
Incyte
INCY
$25.9B
| $12.4M | ﹤0.01% |
181,700
+55,800
| +44% | +$3.54M |
|
2571
PUT
Darling Ingredients
DAR
$9.69B
| $12.3M | ﹤0.01% |
325,400
+109,800
| +51% | +$3.61M |
|
2572
Arch Capital
ACGL
$33.7B
| $12.3M | ﹤0.01% |
135,575
-66,381
| -33% | -$6.13M |
|
2573
Johnson Controls International
JCI
$86.1B
| $12.3M | ﹤0.01% |
116,692
+54,453
| +87% | +$5.01M |
|
2574
CALL
CenterPoint Energy
CNP
$25.9B
| $12.3M | ﹤0.01% |
335,400
+71,000
| +27% | +$2.63M |
|
2575
Cheesecake Factory
CAKE
$5.48B
| $12.3M | ﹤0.01% |
196,531
+137,559
| +233% | +$7.32M |
|
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.