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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
PUT
Royal Caribbean
RCL
$78.1B
| $474M | 0.05% |
1,463,400
+279,000
| +24% | +$93.2M |
|
277
PUT
Shopify
SHOP
$192B
| $473M | 0.05% |
3,185,800
-484,700
| -13% | -$65.7M |
|
278
PUT
Lockheed Martin
LMT
$130B
| $473M | 0.05% |
948,100
-134,200
| -12% | -$60.9M |
|
279
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $470M | 0.05% |
2,480,000
+449,200
| +22% | +$83.7M |
|
280
CALL
Starbucks
SBUX
$122B
| $465M | 0.05% |
5,499,300
+2,151,100
| +64% | +$193M |
|
281
PUT
Teradyne
TER
$58.7B
| $465M | 0.05% |
3,378,800
-343,800
| -9% | -$37.6M |
|
282
CALL
ARK Innovation ETF
ARKK
$6.59B
| $465M | 0.05% |
5,388,300
+323,800
| +6% | +$24.8M |
|
283
PUT
Astera Labs
ALAB
$49.4B
| $464M | 0.05% |
2,370,000
+1,052,900
| +80% | +$173M |
|
284
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $464M | 0.05% |
3,332,900
+962,300
| +41% | +$130M |
|
285
PUT
DoorDash
DASH
$96.8B
| $461M | 0.05% |
1,695,000
+494,200
| +41% | +$124M |
|
286
CALL
AutoZone
AZO
$48.3B
| $459M | 0.05% |
107,000
+37,900
| +55% | +$152M |
|
287
CALL
Rigetti Computing
RGTI
$5.98B
| $458M | 0.05% |
15,388,300
+8,832,800
| +135% | +$155M |
|
288
CALL
Thermo Fisher Scientific
TMO
$233B
| $454M | 0.05% |
935,800
+408,600
| +78% | +$190M |
|
289
CALL
Accenture
ACN
$113B
| $451M | 0.05% |
1,830,900
+767,600
| +72% | +$200M |
|
|
ECHO
290
CALL
EchoStar
ECHO
$25.2B
| $447M | 0.05% |
5,853,300
+3,563,400
| +156% | +$161M |
|
|
B
291
CALL
Barrick Mining
B
$78.3B
| $447M | 0.05% |
13,630,700
-904,000
| -6% | -$22.9M |
|
|
292
CALL
Royal Caribbean
RCL
$78.1B
| $447M | 0.05% |
1,380,400
-236,900
| -15% | -$79.2M |
|
293
PUT
Affirm
AFRM
$25.8B
| $443M | 0.05% |
6,061,800
+2,707,300
| +81% | +$206M |
|
294
PUT
Texas Instruments
TXN
$241B
| $442M | 0.05% |
2,408,300
-267,800
| -10% | -$52.4M |
|
295
CALL
Verizon
VZ
$205B
| $441M | 0.05% |
10,039,200
+1,280,400
| +15% | +$55.4M |
|
296
UnitedHealth
UNH
$350B
| $438M | 0.05% |
1,269,534
-415,114
| -25% | -$126M |
|
|
NBIS
297
PUT
Nebius Group N.V.
NBIS
$59.6B
| $436M | 0.05% |
3,884,600
+1,205,800
| +45% | +$83.7M |
|
298
CALL
Sea Limited
SE
$72B
| $433M | 0.05% |
2,421,900
+369,700
| +18% | +$63.3M |
|
|
299
CALL
Affirm
AFRM
$25.8B
| $430M | 0.05% |
5,879,700
+1,542,900
| +36% | +$117M |
|
300
Pinduoduo
PDD
$126B
| $428M | 0.05% |
3,239,227
+2,118,467
| +189% | +$251M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.