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 | |
|---|---|---|---|---|---|---|
2951
PUT
InterDigital
IDCC
$8.64B
| $9.17M | ﹤0.01% |
40,900
+22,300
| +120% | +$4.72M |
|
2952
CALL
Magna International
MGA
$17.6B
| $9.17M | ﹤0.01% |
237,500
-63,300
| -21% | -$2.24M |
|
2953
ArcelorMittal
MT
$56.3B
| $9.16M | ﹤0.01% |
290,176
+176,784
| +156% | +$5.23M |
|
|
AMTM
2954
PUT
Amentum Holdings
AMTM
$5B
| $9.16M | ﹤0.01% |
388,100
-425,000
| -52% | -$8.88M |
|
2955
PUT
Capricor Therapeutics
CAPR
$585M
| $9.16M | ﹤0.01% |
922,700
+744,500
| +418% | +$7.86M |
|
2956
Essent Group
ESNT
$6.23B
| $9.15M | ﹤0.01% |
150,664
+13,294
| +10% | +$766K |
|
2957
CALL
Molina Healthcare
MOH
$10.4B
| $9.15M | ﹤0.01% |
30,700
-37,200
| -55% | -$11.7M |
|
2958
CALL
Telephone and Data Systems
TDS
$3.82B
| $9.14M | ﹤0.01% |
256,800
+163,800
| +176% | +$5.75M |
|
2959
PUT
Host Hotels & Resorts
HST
$15.3B
| $9.13M | ﹤0.01% |
594,600
+501,100
| +536% | +$7.42M |
|
2960
BrightSpring Health Services
BTSG
$12B
| $9.13M | ﹤0.01% |
386,961
+322,143
| +497% | +$6.72M |
|
2961
PUT
TC Energy
TRP
$64.6B
| $9.12M | ﹤0.01% |
186,900
+108,800
| +139% | +$5.34M |
|
2962
Entergy
ETR
$49.7B
| $9.11M | ﹤0.01% |
109,621
+20,704
| +23% | +$1.71M |
|
|
PR
2963
PUT
Permian Resources
PR
$19.4B
| $9.11M | ﹤0.01% |
668,700
+40,900
| +7% | +$526K |
|
2964
CALL
Solventum
SOLV
$15.5B
| $9.1M | ﹤0.01% |
120,000
-20,400
| -15% | -$1.44M |
|
2965
CALL
WEC Energy
WEC
$34.6B
| $9.1M | ﹤0.01% |
87,300
+7,400
| +9% | +$787K |
|
2966
Amneal Pharmaceuticals
AMRX
$6.27B
| $9.09M | ﹤0.01% |
1,123,343
+686,546
| +157% | +$5.18M |
|
2967
PUT
Yeti Holdings
YETI
$3.05B
| $9.07M | ﹤0.01% |
287,600
+119,100
| +71% | +$3.57M |
|
2968
Zillow
Z
$7.97B
| $9.06M | ﹤0.01% |
129,406
+34,233
| +36% | +$2.31M |
|
|
EMBJ
2969
CALL
Embraer S.A. ADS
EMBJ
$13.4B
| $9.06M | ﹤0.01% |
159,200
-27,700
| -15% | -$1.31M |
|
2970
Yum! Brands
YUM
$41.1B
| $9.05M | ﹤0.01% |
61,107
+27,397
| +81% | +$4M |
|
2971
Lemonade
LMND
$4.17B
| $9.05M | ﹤0.01% |
206,507
+118,226
| +134% | +$3.94M |
|
2972
CALL
Asana
ASAN
$2.34B
| $9.04M | ﹤0.01% |
669,900
-27,400
| -4% | -$429K |
|
|
BLD
2973
PUT
DELISTED
TopBuild
BLD
| $9.03M | ﹤0.01% |
27,900
+15,800
| +131% | +$4.69M |
|
2974
PUT
ASP Isotopes
ASPI
$619M
| $9.03M | ﹤0.01% |
1,227,200
+571,300
| +87% | +$3.83M |
|
|
SNDK
2975
PUT
Sandisk
SNDK
$217B
| $9.02M | ﹤0.01% |
198,800
+172,100
| +645% | +$6.58M |
|
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.