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 | |
|---|---|---|---|---|---|---|
2876
CALL
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$342M
| $9.69M | ﹤0.01% |
186,800
+61,400
| +49% | +$2.27M |
|
2877
CALL
Everest Group
EG
$14.5B
| $9.69M | ﹤0.01% |
28,500
-35,600
| -56% | -$12.3M |
|
2878
CALL
iShares Select Dividend ETF
DVY
$23.8B
| $9.68M | ﹤0.01% |
72,900
-12,000
| -14% | -$1.55M |
|
2879
CALL
Ametek
AME
$55.9B
| $9.68M | ﹤0.01% |
53,500
-82,500
| -61% | -$14.2M |
|
2880
PUT
Surgery Partners
SGRY
$1.82B
| $9.68M | ﹤0.01% |
435,500
+397,500
| +1,046% | +$8.84M |
|
2881
ProShares Short S&P500
SH
$824M
| $9.68M | ﹤0.01% |
243,951
+231,218
| +1,816% | +$10M |
|
2882
Kodiak Gas Services
KGS
$6.08B
| $9.67M | ﹤0.01% |
282,264
+80,959
| +40% | +$2.8M |
|
2883
Enphase Energy
ENPH
$5.19B
| $9.67M | ﹤0.01% |
243,895
-988,170
| -80% | -$45.6M |
|
2884
Denison Mines
DNN
$3.32B
| $9.66M | ﹤0.01% |
5,310,393
+2,675,897
| +102% | +$4.05M |
|
2885
VanEck Oil Services ETF
OIH
$1.97B
| $9.66M | ﹤0.01% |
41,968
-65,552
| -61% | -$14.7M |
|
2886
T. Rowe Price
TROW
$24B
| $9.65M | ﹤0.01% |
100,022
-100,403
| -50% | -$9.22M |
|
2887
CALL
Core & Main
CNM
$8.19B
| $9.65M | ﹤0.01% |
159,900
+56,400
| +54% | +$3.02M |
|
2888
Nextpower Inc. Common Stock
NXT
$13.6B
| $9.65M | ﹤0.01% |
177,457
-75,952
| -30% | -$3.81M |
|
|
2889
Everest Group
EG
$14.5B
| $9.64M | ﹤0.01% |
28,359
+9,273
| +49% | +$3.2M |
|
2890
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $9.63M | ﹤0.01% |
118,969
+104,438
| +719% | +$8.47M |
|
2891
CALL
Sociedad Química y Minera de Chile
SQM
$23B
| $9.62M | ﹤0.01% |
272,800
+72,600
| +36% | +$2.48M |
|
|
VSXY
2892
CALL
Victoria's Secret
VSXY
$7.13B
| $9.61M | ﹤0.01% |
519,100
-52,600
| -9% | -$1.03M |
|
2893
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.42B
| $9.59M | ﹤0.01% |
35,598
-44,506
| -56% | -$10.7M |
|
2894
iShares US Home Construction ETF
ITB
$2.23B
| $9.59M | ﹤0.01% |
102,879
-35,102
| -25% | -$3.21M |
|
2895
CALL
Entergy
ETR
$49.7B
| $9.58M | ﹤0.01% |
115,300
-226,400
| -66% | -$18.7M |
|
2896
CALL
Mattel
MAT
$4.26B
| $9.57M | ﹤0.01% |
485,500
+318,600
| +191% | +$5.67M |
|
2897
Guardant Health
GH
$22.6B
| $9.54M | ﹤0.01% |
183,404
-12,140
| -6% | -$542K |
|
2898
PUT
InMode
INMD
$854M
| $9.54M | ﹤0.01% |
660,800
+200,600
| +44% | +$2.94M |
|
|
ANSS
2899
DELISTED
Ansys
ANSS
| $9.52M | ﹤0.01% |
27,107
+3,938
| +17% | +$1.29M |
|
2900
CALL
Axcelis
ACLS
$3.78B
| $9.52M | ﹤0.01% |
136,600
+13,300
| +11% | +$759K |
|
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.