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 | |
|---|---|---|---|---|---|---|
2601
Verra Mobility
VRRM
$670M
| $12M | ﹤0.01% |
472,281
+145,545
| +45% | +$3.39M |
|
2602
CALL
Recursion Pharmaceuticals
RXRX
$1.84B
| $12M | ﹤0.01% |
2,369,700
+946,600
| +67% | +$4.65M |
|
2603
CALL
Innodata
INOD
$2.04B
| $12M | ﹤0.01% |
234,000
-188,600
| -45% | -$7.44M |
|
2604
CALL
iShares US Medical Devices ETF
IHI
$3.37B
| $12M | ﹤0.01% |
191,100
+61,100
| +47% | +$3.67M |
|
2605
PUT
Solventum
SOLV
$15.5B
| $12M | ﹤0.01% |
157,800
+300
| +0.2% | +$21.2K |
|
|
CNR
2606
Core Natural Resources Inc
CNR
$5.05B
| $12M | ﹤0.01% |
171,566
-14,744
| -8% | -$1.05M |
|
2607
CALL
Dave & Buster's
PLAY
$319M
| $12M | ﹤0.01% |
397,700
+89,600
| +29% | +$2.02M |
|
2608
PUT
Tractor Supply
TSCO
$18.1B
| $12M | ﹤0.01% |
226,600
+79,100
| +54% | +$4.04M |
|
2609
Vulcan Materials
VMC
$35.5B
| $12M | ﹤0.01% |
45,828
+34,945
| +321% | +$8.99M |
|
|
FYBR
2610
DELISTED
Frontier Communications
FYBR
| $11.9M | ﹤0.01% |
328,279
+248,444
| +311% | +$9.01M |
|
2611
CALL
PACCAR
PCAR
$66.6B
| $11.9M | ﹤0.01% |
125,600
+17,000
| +16% | +$1.57M |
|
2612
PUT
PVH
PVH
$3.51B
| $11.9M | ﹤0.01% |
174,000
+88,000
| +102% | +$6.39M |
|
2613
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.5B
| $11.9M | ﹤0.01% |
141,813
+129,255
| +1,029% | +$10.6M |
|
2614
StoneX
SNEX
$8.24B
| $11.9M | ﹤0.01% |
294,230
+113,125
| +62% | +$4.25M |
|
|
FLG
2615
Flagstar Bank National Association
FLG
$5.58B
| $11.9M | ﹤0.01% |
1,123,830
+397,766
| +55% | +$4.54M |
|
2616
CALL
Lantheus
LNTH
$6.56B
| $11.9M | ﹤0.01% |
145,300
-7,800
| -5% | -$685K |
|
2617
YieldMax MSTR Option Income Strategy ETF
MSTY
$976M
| $11.9M | ﹤0.01% |
107,219
+77,599
| +262% | +$8.52M |
|
2618
Celestica
CLS
$40B
| $11.9M | ﹤0.01% |
76,097
-44,469
| -37% | -$4.73M |
|
2619
CALL
Tidewater
TDW
$4.63B
| $11.9M | ﹤0.01% |
257,300
-300
| -0.1% | -$12.2K |
|
2620
Air Products & Chemicals
APD
$68B
| $11.9M | ﹤0.01% |
42,077
+24,236
| +136% | +$6.63M |
|
2621
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.26B
| $11.8M | ﹤0.01% |
301,931
+38,165
| +14% | +$1.47M |
|
2622
CALL
Sony
SONY
$141B
| $11.8M | ﹤0.01% |
455,100
+22,800
| +5% | +$571K |
|
2623
Emerson Electric
EMR
$88B
| $11.8M | ﹤0.01% |
88,834
+31,627
| +55% | +$3.63M |
|
2624
MSCI
MSCI
$41.4B
| $11.8M | ﹤0.01% |
20,524
-23,877
| -54% | -$13.2M |
|
2625
Allison Transmission
ALSN
$10.7B
| $11.8M | ﹤0.01% |
124,449
-50,135
| -29% | -$4.84M |
|
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.