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 | |
|---|---|---|---|---|---|---|
2851
PUT
YieldMax COIN Option Income Strategy ETF
CONY
$372M
| $11.8M | ﹤0.01% |
298,700
+272,340
| +1,033% | +$15M |
|
2852
PUT
Vicor
VICR
$9.39B
| $11.7M | ﹤0.01% |
107,200
+39,500
| +58% | +$3.36M |
|
2853
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$344M
| $11.7M | ﹤0.01% |
330,600
-171,200
| -34% | -$6.26M |
|
2854
CALL
Cracker Barrel
CBRL
$1.23B
| $11.7M | ﹤0.01% |
461,100
-18,100
| -4% | -$579K |
|
2855
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$127B
| $11.7M | ﹤0.01% |
217,700
+4,300
| +2% | +$234K |
|
2856
PUT
GoDaddy
GDDY
$12.3B
| $11.7M | ﹤0.01% |
94,300
-10,800
| -10% | -$1.4M |
|
2857
Old Dominion Freight Line
ODFL
$41.5B
| $11.7M | ﹤0.01% |
74,604
+26,498
| +55% | +$3.8M |
|
2858
American Water Works
AWK
$27.2B
| $11.7M | ﹤0.01% |
89,639
+58,981
| +192% | +$7.88M |
|
2859
PUT
Tradr TSLA Bear Daily ETF
TSLQ
$90.9M
| $11.7M | ﹤0.01% |
643,100
+503,433
| +360% | +$11.2M |
|
2860
Howmet Aerospace
HWM
$107B
| $11.7M | ﹤0.01% |
56,928
+22,183
| +64% | +$4.42M |
|
|
PRMB
2861
CALL
Primo Brands
PRMB
$8.12B
| $11.7M | ﹤0.01% |
713,800
+588,500
| +470% | +$10.9M |
|
|
SII
2862
CALL
Sprott
SII
$3.51B
| $11.7M | ﹤0.01% |
119,000
-129,200
| -52% | -$11.5M |
|
2863
PUT
B2Gold
BTG
$7.7B
| $11.6M | ﹤0.01% |
2,579,200
+1,604,200
| +165% | +$7.48M |
|
2864
FMC
FMC
$1.33B
| $11.6M | ﹤0.01% |
838,549
+584,024
| +229% | +$11.1M |
|
2865
Ashland
ASH
$3.39B
| $11.6M | ﹤0.01% |
198,034
+151,303
| +324% | +$8M |
|
2866
CALL
Roundhill Generative AI & Technology ETF
CHAT
$1.88B
| $11.6M | ﹤0.01% |
196,900
+80,900
| +70% | +$5.02M |
|
|
ONC
2867
CALL
BeOne Medicines Ltd
ONC
$42.1B
| $11.6M | ﹤0.01% |
38,200
+6,400
| +20% | +$2.09M |
|
2868
PUT
Redwire
RDW
$2.82B
| $11.6M | ﹤0.01% |
1,526,200
-818,200
| -35% | -$6M |
|
2869
Globalstar
GSAT
$10.6B
| $11.6M | ﹤0.01% |
189,840
+172,212
| +977% | +$9.51M |
|
2870
CALL
Eversource Energy
ES
$26.7B
| $11.6M | ﹤0.01% |
172,000
+165,100
| +2,393% | +$11.6M |
|
|
EH
2871
CALL
EHang Holdings
EH
$353M
| $11.6M | ﹤0.01% |
878,600
-834,300
| -49% | -$13.2M |
|
2872
CALL
iShares US Technology ETF
IYW
$25.6B
| $11.6M | ﹤0.01% |
57,900
+32,800
| +131% | +$6.56M |
|
2873
PUT
HEICO Corp
HEI
$47.1B
| $11.6M | ﹤0.01% |
35,700
-22,600
| -39% | -$7.14M |
|
2874
CALL
BorgWarner
BWA
$13.2B
| $11.5M | ﹤0.01% |
256,100
-43,300
| -14% | -$1.9M |
|
2875
CALL
Solventum
SOLV
$15.5B
| $11.5M | ﹤0.01% |
145,600
-26,200
| -15% | -$2.01M |
|
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.