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 | |
|---|---|---|---|---|---|---|
2651
Neurocrine Biosciences
NBIX
$15.8B
| $11.6M | ﹤0.01% |
92,019
-43,276
| -32% | -$4.96M |
|
2652
Red Cat Holdings
RCAT
$1.42B
| $11.6M | ﹤0.01% |
1,587,791
+490,131
| +45% | +$3.2M |
|
2653
The GEO Group
GEO
$4.29B
| $11.5M | ﹤0.01% |
482,054
-221,684
| -32% | -$6.06M |
|
2654
Edwards Lifesciences
EW
$51.8B
| $11.5M | ﹤0.01% |
147,528
+15,329
| +12% | +$1.14M |
|
2655
Occidental Petroleum Corp Warrants
OXY.WS
$35B
| $11.5M | ﹤0.01% |
556,894
| – | – |
|
2656
CALL
Henry Schein
HSIC
$10.1B
| $11.5M | ﹤0.01% |
157,800
+131,300
| +495% | +$9.04M |
|
2657
PUT
SBA Communications
SBAC
$19.8B
| $11.5M | ﹤0.01% |
48,900
-25,300
| -34% | -$5.79M |
|
2658
PUT
Polaris
PII
$3.63B
| $11.5M | ﹤0.01% |
282,300
+144,400
| +105% | +$5.44M |
|
2659
PUT
Navitas Semiconductor
NVTS
$3.27B
| $11.5M | ﹤0.01% |
1,751,700
+1,616,600
| +1,197% | +$6.23M |
|
2660
CALL
Rambus
RMBS
$9.88B
| $11.5M | ﹤0.01% |
178,900
+76,000
| +74% | +$4.07M |
|
2661
PUT
Planet Fitness
PLNT
$3.91B
| $11.5M | ﹤0.01% |
105,000
+1,100
| +1% | +$110K |
|
2662
CALL
DigitalBridge
DBRG
$2.99B
| $11.4M | ﹤0.01% |
1,104,900
+568,800
| +106% | +$5.43M |
|
2663
CALL
T-Rex 2X Long NVIDIA Daily Target ETF
NVDX
$440M
| $11.4M | ﹤0.01% |
784,300
+538,700
| +219% | +$5.24M |
|
2664
PUT
Dave Inc
DAVE
$4.77B
| $11.4M | ﹤0.01% |
42,600
+12,400
| +41% | +$1.95M |
|
2665
Royal Caribbean
RCL
$76.2B
| $11.4M | ﹤0.01% |
36,481
-18,055
| -33% | -$4.3M |
|
|
TOAK
2666
Twin Oak Short Horizon Absolute Return ETF
TOAK
$94.5M
| $11.4M | ﹤0.01% |
+410,000
| New | +$11.3M |
|
2667
PUT
Cipher Digital
CIFR
$6.96B
| $11.4M | ﹤0.01% |
2,377,900
+1,966,600
| +478% | +$6.36M |
|
2668
PUT
Fomento Económico Mexicano
FMX
$41B
| $11.3M | ﹤0.01% |
110,200
+77,400
| +236% | +$7.99M |
|
|
BULL
2669
Webull Corp
BULL
$5.07B
| $11.3M | ﹤0.01% |
+948,489
| New | +$14.7M |
|
|
CHYM
2670
CALL
Chime Financial
CHYM
$12.6B
| $11.3M | ﹤0.01% |
+328,700
| New | +$10.8M |
|
2671
Vanguard Morningstar Value ETF
VTV
$193B
| $11.3M | ﹤0.01% |
64,113
+2,877
| +5% | +$486K |
|
2672
ProShares UltraPro Short QQQ
SQQQ
$1.79B
| $11.3M | ﹤0.01% |
115,512
-21,288
| -16% | -$3.05M |
|
2673
Northern Trust
NTRS
$34.1B
| $11.3M | ﹤0.01% |
88,979
+36,331
| +69% | +$3.71M |
|
2674
Flex
FLEX
$42.6B
| $11.3M | ﹤0.01% |
+225,955
| New | +$8.8M |
|
2675
PUT
Mattel
MAT
$4.26B
| $11.3M | ﹤0.01% |
571,500
+403,100
| +239% | +$7.17M |
|
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.