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 | |
|---|---|---|---|---|---|---|
|
LAC
2676
Lithium Americas
LAC
$1.15B
| $13.5M | ﹤0.01% |
3,097,224
+1,674,348
| +118% | +$9.67M |
|
2677
CALL
Henry Schein
HSIC
$10.1B
| $13.5M | ﹤0.01% |
178,500
+11,700
| +7% | +$823K |
|
|
ROBN
2678
PUT
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$144M
| $13.5M | ﹤0.01% |
249,000
-37,300
| -13% | -$3.08M |
|
2679
CALL
Franklin Templeton
BEN
$17.7B
| $13.5M | ﹤0.01% |
563,300
-112,700
| -17% | -$2.59M |
|
2680
Equifax
EFX
$22.4B
| $13.5M | ﹤0.01% |
61,988
+52,573
| +558% | +$11.5M |
|
|
APLS
2681
DELISTED
Apellis Pharmaceuticals
APLS
| $13.4M | ﹤0.01% |
533,909
+220,025
| +70% | +$5.16M |
|
2682
Keurig Dr Pepper
KDP
$43.4B
| $13.4M | ﹤0.01% |
478,177
-629,184
| -57% | -$17.3M |
|
2683
Gulfport Energy Corp
GPOR
$3.11B
| $13.4M | ﹤0.01% |
64,288
+32,845
| +104% | +$6.55M |
|
2684
International Flavors & Fragrances
IFF
$22.2B
| $13.4M | ﹤0.01% |
198,351
+68,966
| +53% | +$4.47M |
|
2685
PUT
Bunge Global
BG
$21.4B
| $13.4M | ﹤0.01% |
150,000
-117,600
| -44% | -$10.8M |
|
2686
CALL
Wave Life Sciences
WVE
$1.02B
| $13.4M | ﹤0.01% |
785,700
+675,600
| +614% | +$6.86M |
|
2687
PUT
Star Bulk Carriers
SBLK
$3.4B
| $13.4M | ﹤0.01% |
694,900
+280,700
| +68% | +$5.24M |
|
2688
Amprius Technologies
AMPX
$1.54B
| $13.3M | ﹤0.01% |
1,691,500
+786,030
| +87% | +$8.99M |
|
|
SKYT
2689
CALL
DELISTED
SkyWater Technology
SKYT
| $13.3M | ﹤0.01% |
733,400
+123,500
| +20% | +$2.15M |
|
2690
PUT
AdvisorShares Pure US Cannabis ETF
MSOS
$970M
| $13.3M | ﹤0.01% |
2,814,800
+1,452,100
| +107% | +$6.47M |
|
2691
CALL
iShares Russell 2000 Value ETF
IWN
$14.7B
| $13.3M | ﹤0.01% |
73,200
-18,200
| -20% | -$3.27M |
|
2692
Rithm Capital
RITM
$5.59B
| $13.2M | ﹤0.01% |
1,214,193
+319,274
| +36% | +$3.53M |
|
2693
PUT
IES Holdings
IESC
$13.3B
| $13.2M | ﹤0.01% |
68,000
-50,800
| -43% | -$10.2M |
|
|
SERV
2694
CALL
Serve Robotics
SERV
$423M
| $13.2M | ﹤0.01% |
1,274,200
-605,300
| -32% | -$7.27M |
|
2695
PPG Industries
PPG
$25.2B
| $13.2M | ﹤0.01% |
128,823
+110,695
| +611% | +$11.1M |
|
2696
OneMain Financial
OMF
$7.35B
| $13.2M | ﹤0.01% |
195,359
+59,379
| +44% | +$3.61M |
|
2697
CALL
Mohawk Industries
MHK
$8.79B
| $13.2M | ﹤0.01% |
120,600
+1,600
| +1% | +$184K |
|
2698
CALL
Vanguard Morningstar Value ETF
VTV
$193B
| $13.2M | ﹤0.01% |
69,000
-100
| -0.1% | -$18.8K |
|
2699
Novartis
NVS
$294B
| $13.2M | ﹤0.01% |
95,565
+89,201
| +1,402% | +$11.7M |
|
2700
PUT
Everest Group
EG
$14.5B
| $13.2M | ﹤0.01% |
38,800
-18,300
| -32% | -$6.04M |
|
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.