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 | |
|---|---|---|---|---|---|---|
2826
CALL
Vanguard Morningstar Small-Cap ETF
VB
$82.2B
| $10M | ﹤0.01% |
42,200
-10,800
| -20% | -$2.41M |
|
2827
CALL
EPR Properties
EPR
$4.57B
| $10M | ﹤0.01% |
171,600
+19,100
| +13% | +$1.01M |
|
2828
Avantis Emerging Markets Equity ETF
AVEM
$28.1B
| $10M | ﹤0.01% |
+145,854
| New | +$9.19M |
|
2829
CALL
Textron
TXT
$14.2B
| $10M | ﹤0.01% |
124,500
-88,800
| -42% | -$6.42M |
|
2830
PUT
Sarepta Therapeutics
SRPT
$2.28B
| $9.99M | ﹤0.01% |
584,100
+416,700
| +249% | +$17.8M |
|
2831
CALL
PagSeguro Digital
PAGS
$2.46B
| $9.98M | ﹤0.01% |
1,035,300
+402,400
| +64% | +$3.63M |
|
2832
CALL
Invesco S&P 500 Low Volatility ETF
SPLV
$7.03B
| $9.98M | ﹤0.01% |
137,000
+108,000
| +372% | +$7.82M |
|
2833
Direxion Daily Financial Bull 3x ETF
FAS
$2.4B
| $9.97M | ﹤0.01% |
59,134
+24,777
| +72% | +$3.61M |
|
|
TMHC
2834
DELISTED
Taylor Morrison
TMHC
| $9.97M | ﹤0.01% |
162,266
+19,204
| +13% | +$1.12M |
|
2835
Hewlett Packard
HPE
$72B
| $9.96M | ﹤0.01% |
486,932
-542,891
| -53% | -$9.1M |
|
2836
iRhythm Holdings
IRTC
$3.83B
| $9.96M | ﹤0.01% |
64,668
+9,560
| +17% | +$1.24M |
|
2837
FirstEnergy
FE
$26.8B
| $9.96M | ﹤0.01% |
247,268
+9,405
| +4% | +$388K |
|
2838
CALL
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$515M
| $9.95M | ﹤0.01% |
187,800
+92,200
| +96% | +$4.75M |
|
2839
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
| $9.95M | ﹤0.01% |
131,038
-79,103
| -38% | -$5.85M |
|
2840
BJs Wholesale Club
BJ
$11.4B
| $9.94M | ﹤0.01% |
92,212
+73,608
| +396% | +$8.39M |
|
2841
PUT
Neurocrine Biosciences
NBIX
$15.8B
| $9.94M | ﹤0.01% |
79,100
-82,300
| -51% | -$9.44M |
|
2842
OneMain Financial
OMF
$7.35B
| $9.93M | ﹤0.01% |
174,185
-144,432
| -45% | -$7.2M |
|
2843
CALL
Academy Sports + Outdoors
ASO
$2.64B
| $9.93M | ﹤0.01% |
221,500
-41,600
| -16% | -$1.72M |
|
2844
CALL
AppFolio
APPF
$8.22B
| $9.93M | ﹤0.01% |
43,100
+10,600
| +33% | +$2.31M |
|
|
JOYY
2845
CALL
JOYY Inc
JOYY
$3.66B
| $9.92M | ﹤0.01% |
194,800
-400
| -0.2% | -$17.7K |
|
|
BTC
2846
CALL
Grayscale Bitcoin Mini Trust ETF
BTC
$4.23B
| $9.91M | ﹤0.01% |
207,600
+98,100
| +90% | +$4.28M |
|
|
SW
2847
CALL
Smurfit Westrock
SW
$25.5B
| $9.87M | ﹤0.01% |
228,700
+196,400
| +608% | +$8.4M |
|
2848
PUT
KB Home
KBH
$3.35B
| $9.87M | ﹤0.01% |
186,300
-182,300
| -49% | -$9.69M |
|
2849
CALL
TMC The Metals Company
TMC
$2.25B
| $9.86M | ﹤0.01% |
1,494,600
+1,376,300
| +1,163% | +$5.28M |
|
2850
PUT
Mirion Technologies
MIR
$3.61B
| $9.86M | ﹤0.01% |
+458,100
| New | +$7.9M |
|
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.