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 | |
|---|---|---|---|---|---|---|
2926
Leonardo DRS
DRS
$10.4B
| $9.31M | ﹤0.01% |
200,373
+80,269
| +67% | +$3.22M |
|
|
LBRDA
2927
DELISTED
Liberty Broadband Class A
LBRDA
| $9.31M | ﹤0.01% |
95,169
-4,153
| -4% | -$368K |
|
2928
CALL
Diageo
DEO
$51.2B
| $9.31M | ﹤0.01% |
92,300
-35,400
| -28% | -$3.84M |
|
2929
CALL
Vera Therapeutics
VERA
$2.49B
| $9.31M | ﹤0.01% |
395,000
+117,000
| +42% | +$2.63M |
|
2930
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $9.3M | ﹤0.01% |
32,546
-144,358
| -82% | -$38M |
|
|
QXO
2931
QXO Inc
QXO
$14.4B
| $9.3M | ﹤0.01% |
431,856
-512,679
| -54% | -$8.42M |
|
|
MSTU
2932
PUT
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$6.67B
| $9.3M | ﹤0.01% |
10,752
+427
| +4% | +$323K |
|
2933
PUT
Transocean
RIG
$6.41B
| $9.3M | ﹤0.01% |
3,589,500
-258,800
| -7% | -$667K |
|
2934
Fox Class A
FOXA
$28.3B
| $9.29M | ﹤0.01% |
165,747
-224,153
| -57% | -$11.8M |
|
2935
Commault Systems
CVLT
$5.82B
| $9.29M | ﹤0.01% |
53,265
-19,186
| -26% | -$3.27M |
|
2936
CALL
iShares Russell Mid-Cap ETF
IWR
$57.6B
| $9.27M | ﹤0.01% |
100,800
+69,400
| +221% | +$6M |
|
2937
CALL
Omega Healthcare
OHI
$14B
| $9.26M | ﹤0.01% |
252,700
-5,900
| -2% | -$219K |
|
2938
PUT
Jefferies Financial Group
JEF
$12.2B
| $9.26M | ﹤0.01% |
169,300
-71,200
| -30% | -$3.52M |
|
2939
CALL
Trupanion
TRUP
$1.3B
| $9.25M | ﹤0.01% |
167,200
-15,600
| -9% | -$691K |
|
2940
CALL
Waters Corp
WAT
$41.4B
| $9.25M | ﹤0.01% |
26,500
-19,700
| -43% | -$6.77M |
|
|
MRP
2941
PUT
Millrose Properties Inc
MRP
$5.06B
| $9.25M | ﹤0.01% |
324,400
+159,700
| +97% | +$4.22M |
|
|
VMRK
2942
PUT
Vivmark Residential
VMRK
$26.1B
| $9.24M | ﹤0.01% |
136,900
+63,000
| +85% | +$4.33M |
|
|
MRP
2943
CALL
Millrose Properties Inc
MRP
$5.06B
| $9.23M | ﹤0.01% |
323,700
+247,100
| +323% | +$6.53M |
|
2944
SPX Corp
SPXC
$10.3B
| $9.22M | ﹤0.01% |
55,015
-2,253
| -4% | -$330K |
|
2945
First Interstate BancSystem
FIBK
$3.55B
| $9.22M | ﹤0.01% |
320,001
+34,798
| +12% | +$938K |
|
2946
PUT
Howard Hughes
HHH
$3.88B
| $9.22M | ﹤0.01% |
136,600
+90,800
| +198% | +$6.2M |
|
|
BRSL
2947
Brightstar Lottery PLC
BRSL
$2.07B
| $9.21M | ﹤0.01% |
582,298
+103,758
| +22% | +$1.63M |
|
2948
Rambus
RMBS
$9.88B
| $9.2M | ﹤0.01% |
143,716
+12,219
| +9% | +$655K |
|
2949
CALL
Flex
FLEX
$42.6B
| $9.2M | ﹤0.01% |
184,300
+134,400
| +269% | +$5.24M |
|
2950
Rithm Capital
RITM
$5.59B
| $9.17M | ﹤0.01% |
812,653
-43,244
| -5% | -$476K |
|
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.