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 | |
|---|---|---|---|---|---|---|
2626
CALL
Hallador Energy
HNRG
$784M
| $11.8M | ﹤0.01% |
746,700
+560,500
| +301% | +$8.66M |
|
|
SII
2627
CALL
Sprott
SII
$3.51B
| $11.8M | ﹤0.01% |
170,300
+138,000
| +427% | +$7.68M |
|
2628
CALL
ProShares UltraShort S&P500
SDS
$391M
| $11.8M | ﹤0.01% |
141,320
+7,180
| +5% | +$713K |
|
2629
Construction Partners
ROAD
$6.51B
| $11.7M | ﹤0.01% |
110,440
+16,756
| +18% | +$1.57M |
|
2630
CALL
American Water Works
AWK
$27.2B
| $11.7M | ﹤0.01% |
84,300
+38,700
| +85% | +$5.55M |
|
2631
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$388M
| $11.7M | ﹤0.01% |
523,200
+2,600
| +0.5% | +$57.2K |
|
2632
PUT
Universal Display
OLED
$3.9B
| $11.7M | ﹤0.01% |
75,900
-21,200
| -22% | -$2.97M |
|
2633
Carnival Corporation Ltd
CCL
$34.2B
| $11.7M | ﹤0.01% |
416,791
+167,234
| +67% | +$3.58M |
|
2634
PUT
Broadridge
BR
$20.9B
| $11.7M | ﹤0.01% |
48,200
-100
| -0.2% | -$23.8K |
|
2635
PUT
Innodata
INOD
$2.04B
| $11.7M | ﹤0.01% |
228,600
+96,400
| +73% | +$3.8M |
|
2636
Sea Limited
SE
$72.5B
| $11.7M | ﹤0.01% |
73,173
-64,728
| -47% | -$9.37M |
|
2637
Vanguard FTSE Europe ETF
VGK
$31B
| $11.7M | ﹤0.01% |
150,816
+89,948
| +148% | +$6.64M |
|
2638
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $11.7M | ﹤0.01% |
38,400
+2,300
| +6% | +$641K |
|
2639
Direxion Daily Technology Bull 3x ETF
TECL
$6.15B
| $11.7M | ﹤0.01% |
+124,577
| New | +$8.23M |
|
2640
Casella Waste Systems
CWST
$5.92B
| $11.6M | ﹤0.01% |
100,887
-47,051
| -32% | -$5.44M |
|
2641
CALL
Nektar Therapeutics
NKTR
$2.55B
| $11.6M | ﹤0.01% |
450,200
+429,167
| +2,040% | +$4.82M |
|
2642
CALL
Jackson Financial
JXN
$9.04B
| $11.6M | ﹤0.01% |
131,000
+31,500
| +32% | +$2.55M |
|
2643
Brown & Brown
BRO
$23.9B
| $11.6M | ﹤0.01% |
104,814
+65,136
| +164% | +$7.32M |
|
2644
PUT
Redwire
RDW
$2.82B
| $11.6M | ﹤0.01% |
712,300
+482,400
| +210% | +$6.29M |
|
2645
PUT
Cenovus Energy
CVE
$58.5B
| $11.6M | ﹤0.01% |
853,500
-1,639,900
| -66% | -$21.3M |
|
2646
CALL
Church & Dwight Co
CHD
$24.3B
| $11.6M | ﹤0.01% |
120,700
+8,300
| +7% | +$819K |
|
2647
CALL
Regions Financial
RF
$25.9B
| $11.6M | ﹤0.01% |
492,800
+205,900
| +72% | +$4.36M |
|
|
CEP
2648
PUT
DELISTED
Cantor Equity Partners
CEP
| $11.6M | ﹤0.01% |
+416,500
| New | +$12.7M |
|
|
GTLS
2649
DELISTED
Chart Industries
GTLS
| $11.6M | ﹤0.01% |
70,274
+10,101
| +17% | +$1.48M |
|
2650
Glaukos
GKOS
$10.7B
| $11.6M | ﹤0.01% |
111,994
+44,487
| +66% | +$4.17M |
|
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.