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 | |
|---|---|---|---|---|---|---|
2726
ProShares Short VIX Short-Term Futures ETF
SVXY
$250M
| $10.8M | ﹤0.01% |
252,856
+11,188
| +5% | +$442K |
|
2727
CALL
Ollie's Bargain Outlet
OLLI
$4.32B
| $10.8M | ﹤0.01% |
81,700
-49,200
| -38% | -$5.63M |
|
2728
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.42B
| $10.7M | ﹤0.01% |
39,900
-20,200
| -34% | -$4.86M |
|
2729
PUT
Church & Dwight Co
CHD
$24.3B
| $10.7M | ﹤0.01% |
111,800
+41,000
| +58% | +$4.04M |
|
2730
CALL
Polaris
PII
$3.63B
| $10.7M | ﹤0.01% |
264,200
+191,500
| +263% | +$7.22M |
|
2731
CALL
Reliance Steel & Aluminium
RS
$20B
| $10.7M | ﹤0.01% |
34,200
+5,900
| +21% | +$1.74M |
|
2732
Targa Resources
TRGP
$62B
| $10.7M | ﹤0.01% |
61,665
-36,830
| -37% | -$6.19M |
|
2733
PUT
Lantheus
LNTH
$6.56B
| $10.7M | ﹤0.01% |
131,100
+51,600
| +65% | +$4.53M |
|
2734
CALL
Nabors Industries
NBR
$1.36B
| $10.7M | ﹤0.01% |
382,600
+342,100
| +845% | +$10.2M |
|
2735
CALL
Silicon Motion
SIMO
$8.65B
| $10.7M | ﹤0.01% |
142,600
-29,500
| -17% | -$1.68M |
|
2736
Baxter International
BAX
$13.4B
| $10.7M | ﹤0.01% |
353,969
-265,643
| -43% | -$8.05M |
|
2737
CALL
Schwab US Large-Cap Growth ETF
SCHG
$63.2B
| $10.7M | ﹤0.01% |
366,500
+253,600
| +225% | +$6.7M |
|
2738
CALL
Group 1 Automotive
GPI
$3.12B
| $10.7M | ﹤0.01% |
24,500
+5,100
| +26% | +$2.14M |
|
2739
iShares Russell Mid-Cap Growth ETF
IWP
$20.6B
| $10.7M | ﹤0.01% |
77,056
+32,873
| +74% | +$4.16M |
|
2740
GoDaddy
GDDY
$12.3B
| $10.7M | ﹤0.01% |
59,329
+224
| +0.4% | +$40.2K |
|
2741
Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
$141M
| $10.7M | ﹤0.01% |
49,858
+38,101
| +324% | +$6.27M |
|
2742
Deckers Outdoor
DECK
$11.8B
| $10.6M | ﹤0.01% |
103,226
-38,728
| -27% | -$4.29M |
|
2743
PUT
Scotiabank
BNS
$113B
| $10.6M | ﹤0.01% |
192,500
-62,700
| -25% | -$3.19M |
|
2744
Mohawk Industries
MHK
$8.79B
| $10.6M | ﹤0.01% |
101,437
+71,873
| +243% | +$7.49M |
|
2745
PUT
iShares MSCI China ETF
MCHI
$6.21B
| $10.6M | ﹤0.01% |
193,000
-303,700
| -61% | -$16.1M |
|
2746
CALL
Hubbell
HUBB
$24.8B
| $10.6M | ﹤0.01% |
26,000
-16,500
| -39% | -$6.12M |
|
2747
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.9B
| $10.6M | ﹤0.01% |
106,711
+79,940
| +299% | +$7.94M |
|
2748
CALL
Invitation Homes
INVH
$17.4B
| $10.6M | ﹤0.01% |
323,400
+188,400
| +140% | +$6.33M |
|
2749
PUT
Molina Healthcare
MOH
$10.4B
| $10.6M | ﹤0.01% |
35,600
-6,700
| -16% | -$2.1M |
|
2750
Illinois Tool Works
ITW
$80.2B
| $10.6M | ﹤0.01% |
42,885
+8,001
| +23% | +$1.93M |
|
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.