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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
Merck
MRK
$376B
| $520M | 0.06% |
6,198,500
+1,670,700
| +37% | +$138M |
|
|
ETHA
252
CALL
iShares Ethereum Trust ETF
ETHA
$7.51B
| $517M | 0.06% |
16,409,500
+13,088,300
| +394% | +$388M |
|
253
PUT
Freeport-McMoran
FCX
$110B
| $515M | 0.06% |
13,130,600
+6,259,500
| +91% | +$272M |
|
254
Oracle
ORCL
$422B
| $515M | 0.06% |
1,830,419
+1,356,290
| +286% | +$345M |
|
|
CRCL
255
CALL
Circle Internet Group
CRCL
$22.3B
| $512M | 0.06% |
3,859,100
+333,500
| +9% | +$52.8M |
|
256
CALL
CVS Health
CVS
$119B
| $506M | 0.06% |
6,706,700
+1,055,700
| +19% | +$72.4M |
|
257
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $504M | 0.06% |
3,809,200
+133,700
| +4% | +$17.3M |
|
|
258
PUT
Merck
MRK
$376B
| $503M | 0.06% |
5,993,900
-429,500
| -7% | -$35.4M |
|
259
PUT
Lowe's Companies
LOW
$121B
| $503M | 0.06% |
1,999,800
+1,120,300
| +127% | +$275M |
|
260
PUT
Sea Limited
SE
$72B
| $501M | 0.06% |
2,804,800
+570,000
| +26% | +$97.7M |
|
261
CALL
Agnico Eagle Mines
AEM
$109B
| $501M | 0.06% |
2,971,800
+498,700
| +20% | +$68.5M |
|
262
CALL
United Parcel Service
UPS
$86.8B
| $501M | 0.06% |
5,994,500
+2,832,900
| +90% | +$257M |
|
263
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.92B
| $497M | 0.06% |
23,552,100
+7,155,700
| +44% | +$96.9M |
|
264
CALL
Rocket Lab Corp
RKLB
$46.4B
| $491M | 0.06% |
10,253,900
+2,860,800
| +39% | +$130M |
|
265
PUT
iShares MSCI Brazil ETF
EWZ
$8.04B
| $491M | 0.06% |
15,843,700
+9,286,700
| +142% | +$266M |
|
266
CALL
PepsiCo
PEP
$196B
| $491M | 0.06% |
3,493,000
-256,500
| -7% | -$36.6M |
|
267
PUT
Blackstone
BX
$108B
| $490M | 0.06% |
2,866,100
-713,600
| -20% | -$122M |
|
|
268
CALL
Lowe's Companies
LOW
$121B
| $488M | 0.06% |
1,943,400
+954,800
| +97% | +$235M |
|
269
CALL
AST SpaceMobile
ASTS
$20.6B
| $484M | 0.06% |
9,856,500
+2,324,800
| +31% | +$112M |
|
270
CALL
Procter & Gamble
PG
$336B
| $481M | 0.05% |
3,128,500
+682,100
| +28% | +$107M |
|
271
CALL
Coca-Cola
KO
$392B
| $480M | 0.05% |
7,240,500
-885,400
| -11% | -$60.9M |
|
272
Netflix
NFLX
$331B
| $478M | 0.05% |
3,990,120
+1,829,640
| +85% | +$223M |
|
273
CALL
Hims & Hers Health
HIMS
$7.88B
| $478M | 0.05% |
8,432,500
+149,700
| +2% | +$7.67M |
|
274
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $477M | 0.05% |
13,699,900
-1,997,400
| -13% | -$55.6M |
|
275
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $475M | 0.05% |
10,593,200
+10,067,800
| +1,916% | +$455M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.