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 | |
|---|---|---|---|---|---|---|
2951
CALL
Critical Metals Corp
CRML
$1.18B
| $10.7M | ﹤0.01% |
1,543,300
+1,235,600
| +402% | +$13.5M |
|
|
SERV
2952
PUT
Serve Robotics
SERV
$423M
| $10.7M | ﹤0.01% |
1,030,400
-955,500
| -48% | -$11.5M |
|
2953
PACCAR
PCAR
$66.6B
| $10.7M | ﹤0.01% |
97,649
-18,384
| -16% | -$1.88M |
|
2954
United States Antimony
UAMY
$772M
| $10.7M | ﹤0.01% |
2,129,950
+1,530,200
| +255% | +$12M |
|
2955
CALL
Brookfield Asset Management
BAM
$83.2B
| $10.7M | ﹤0.01% |
203,800
-35,600
| -15% | -$1.91M |
|
2956
CALL
Haemonetics
HAE
$4.78B
| $10.7M | ﹤0.01% |
133,200
-10,900
| -8% | -$732K |
|
|
XOVR
2957
EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF
XOVR
$1.9B
| $10.7M | ﹤0.01% |
529,984
+498,646
| +1,591% | +$10.2M |
|
2958
MannKind Corp
MNKD
$1.31B
| $10.7M | ﹤0.01% |
1,882,234
+676,784
| +56% | +$3.73M |
|
2959
CALL
Alliance Resource Partners
ARLP
$3.39B
| $10.7M | ﹤0.01% |
459,400
+64,000
| +16% | +$1.55M |
|
2960
PUT
Liquidia Corp
LQDA
$6.26B
| $10.6M | ﹤0.01% |
308,700
-264,700
| -46% | -$7.54M |
|
2961
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.7B
| $10.6M | ﹤0.01% |
182,963
+81,363
| +80% | +$4.73M |
|
2962
Direxion Daily GOOGL Bull 2X ETF
GGLL
$967M
| $10.6M | ﹤0.01% |
109,704
-90,507
| -45% | -$7.71M |
|
2963
iShares Global 100 ETF
IOO
$9.36B
| $10.6M | ﹤0.01% |
83,896
+75,264
| +872% | +$9.36M |
|
2964
Invesco S&P 500 Equal Weight ETF
RSP
$99.8B
| $10.6M | ﹤0.01% |
55,453
-31,750
| -36% | -$6.03M |
|
2965
PUT
Innodata
INOD
$2.04B
| $10.6M | ﹤0.01% |
208,400
-21,100
| -9% | -$1.38M |
|
2966
CALL
Warner Music
WMG
$14.7B
| $10.6M | ﹤0.01% |
345,900
+69,100
| +25% | +$2.11M |
|
|
FETH
2967
CALL
Fidelity Ethereum Fund
FETH
$1.35B
| $10.6M | ﹤0.01% |
358,000
+134,100
| +60% | +$4.63M |
|
2968
PUT
Essex Property Trust
ESS
$18B
| $10.6M | ﹤0.01% |
40,500
+6,900
| +21% | +$1.79M |
|
2969
PUT
Fiverr
FVRR
$338M
| $10.6M | ﹤0.01% |
536,200
+347,900
| +185% | +$7.49M |
|
2970
PUT
Camtek
CAMT
$6.76B
| $10.6M | ﹤0.01% |
99,600
-31,500
| -24% | -$3.54M |
|
|
2971
PUT
Brookfield Asset Management
BAM
$83.2B
| $10.6M | ﹤0.01% |
201,600
+48,000
| +31% | +$2.58M |
|
|
FRMI
2972
PUT
Fermi Inc
FRMI
$3.49B
| $10.6M | ﹤0.01% |
+1,319,900
| New | +$25.7M |
|
2973
CALL
Canadian Imperial Bank of Commerce
CM
$104B
| $10.5M | ﹤0.01% |
116,400
-15,500
| -12% | -$1.33M |
|
2974
iShares Core MSCI Emerging Markets ETF
IEMG
$162B
| $10.5M | ﹤0.01% |
156,713
-1,175,538
| -88% | -$78.9M |
|
2975
PUT
Inspire Medical Systems
INSP
$1.76B
| $10.5M | ﹤0.01% |
114,100
+1,900
| +2% | +$182K |
|
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.