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 | |
|---|---|---|---|---|---|---|
2976
CALL
InMode
INMD
$854M
| $9.01M | ﹤0.01% |
624,300
+2,000
| +0.3% | +$29.3K |
|
2977
Group 1 Automotive
GPI
$3.12B
| $9.01M | ﹤0.01% |
20,642
-227
| -1% | -$95.3K |
|
2978
PUT
Impinj
PI
$5.14B
| $9.01M | ﹤0.01% |
81,100
+13,600
| +20% | +$1.35M |
|
2979
Tyson Foods
TSN
$19.5B
| $9M | ﹤0.01% |
160,876
+33,108
| +26% | +$1.9M |
|
2980
VICI Properties
VICI
$28.4B
| $9M | ﹤0.01% |
275,939
+195,414
| +243% | +$6.22M |
|
2981
CALL
Q2 Holdings
QTWO
$4.1B
| $8.98M | ﹤0.01% |
96,000
+69,400
| +261% | +$5.86M |
|
2982
Jackson Financial
JXN
$9.04B
| $8.98M | ﹤0.01% |
101,141
-9,035
| -8% | -$732K |
|
2983
PUT
Ambarella
AMBA
$3.12B
| $8.97M | ﹤0.01% |
135,800
+13,800
| +11% | +$732K |
|
2984
PUT
Parsons
PSN
$5.26B
| $8.97M | ﹤0.01% |
125,000
-65,800
| -34% | -$4.35M |
|
2985
Badger Meter
BMI
$4B
| $8.97M | ﹤0.01% |
36,617
+385
| +1% | +$87.2K |
|
2986
PUT
Noble Corp
NE
$7.46B
| $8.97M | ﹤0.01% |
337,700
+49,500
| +17% | +$1.19M |
|
2987
APA Corp
APA
$14.8B
| $8.96M | ﹤0.01% |
489,802
-859,385
| -64% | -$14.9M |
|
2988
PUT
Calumet Specialty Products
CLMT
$4.02B
| $8.95M | ﹤0.01% |
568,200
-207,000
| -27% | -$2.63M |
|
|
APLS
2989
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $8.95M | ﹤0.01% |
516,800
+193,300
| +60% | +$3.58M |
|
2990
PUT
Canadian National Railway
CNI
$76.5B
| $8.93M | ﹤0.01% |
85,800
-15,800
| -16% | -$1.61M |
|
2991
NVR
NVR
$17B
| $8.91M | ﹤0.01% |
1,207
+266
| +28% | +$1.91M |
|
2992
Huntington Bancshares
HBAN
$34.1B
| $8.91M | ﹤0.01% |
531,787
-192,609
| -27% | -$2.91M |
|
2993
CBIZ
CBZ
$2.97B
| $8.91M | ﹤0.01% |
124,265
+26,049
| +27% | +$1.88M |
|
2994
CALL
Plug Power
PLUG
$3.17B
| $8.91M | ﹤0.01% |
5,976,800
-4,130,600
| -41% | -$4.12M |
|
|
VRNT
2995
CALL
DELISTED
Verint Systems
VRNT
| $8.9M | ﹤0.01% |
452,600
+253,500
| +127% | +$4.43M |
|
|
IPG
2996
DELISTED
Interpublic Group of Companies
IPG
| $8.89M | ﹤0.01% |
363,199
+67,753
| +23% | +$1.65M |
|
2997
PUT
GDS Holdings
GDS
$6.71B
| $8.89M | ﹤0.01% |
290,700
-56,900
| -16% | -$1.44M |
|
2998
CALL
Alphatec Holdings
ATEC
$1.48B
| $8.88M | ﹤0.01% |
800,000
+670,400
| +517% | +$7.7M |
|
2999
PUT
dLocal
DLO
$4.46B
| $8.87M | ﹤0.01% |
782,600
+5,300
| +0.7% | +$52.2K |
|
3000
CALL
Kohl's
KSS
$2.06B
| $8.87M | ﹤0.01% |
1,046,500
-454,700
| -30% | -$3.5M |
|
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.