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 | |
|---|---|---|---|---|---|---|
3001
PUT
Vanguard Total International Stock ETF
VXUS
$164B
| $8.87M | ﹤0.01% |
128,400
+39,500
| +44% | +$2.56M |
|
3002
United Bankshares
UBSI
$6.47B
| $8.87M | ﹤0.01% |
243,357
+24,689
| +11% | +$867K |
|
3003
Bright Horizons
BFAM
$3.62B
| $8.86M | ﹤0.01% |
71,689
-17,655
| -20% | -$2.17M |
|
3004
CALL
Algonquin Power & Utilities
AQN
$4.37B
| $8.86M | ﹤0.01% |
1,546,000
-347,900
| -18% | -$1.91M |
|
|
CVSA
3005
Covista Inc
CVSA
$4.79B
| $8.84M | ﹤0.01% |
69,486
+23,974
| +53% | +$2.83M |
|
3006
PUT
Semtech
SMTC
$13.3B
| $8.84M | ﹤0.01% |
195,800
-114,300
| -37% | -$4.07M |
|
3007
ADMA Biologics
ADMA
$2.12B
| $8.83M | ﹤0.01% |
484,717
+176,526
| +57% | +$3.6M |
|
3008
CALL
McCormick & Company Non-Voting
MKC
$14.7B
| $8.83M | ﹤0.01% |
116,400
-20,500
| -15% | -$1.54M |
|
3009
PUT
Guardant Health
GH
$22.6B
| $8.81M | ﹤0.01% |
169,300
-58,100
| -26% | -$2.59M |
|
3010
Magnite
MGNI
$3.35B
| $8.79M | ﹤0.01% |
364,532
-37,265
| -9% | -$549K |
|
3011
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
| $8.79M | ﹤0.01% |
115,800
+14,500
| +14% | +$1.07M |
|
3012
Molina Healthcare
MOH
$10.4B
| $8.76M | ﹤0.01% |
29,414
+3,647
| +14% | +$1.15M |
|
3013
Roper Technologies
ROP
$41.8B
| $8.75M | ﹤0.01% |
15,439
+4,668
| +43% | +$2.64M |
|
3014
Marriott Vacations Worldwide
VAC
$3.83B
| $8.75M | ﹤0.01% |
120,995
-17,853
| -13% | -$1.13M |
|
3015
Home BancShares
HOMB
$5.94B
| $8.74M | ﹤0.01% |
307,187
-950
| -0.3% | -$26.4K |
|
3016
Legend Biotech
LEGN
$3.99B
| $8.74M | ﹤0.01% |
246,146
+146,947
| +148% | +$4.76M |
|
3017
PUT
ProShares Ultra Silver
AGQ
$1.67B
| $8.73M | ﹤0.01% |
183,900
-14,200
| -7% | -$599K |
|
3018
TriNet
TNET
$3.19B
| $8.73M | ﹤0.01% |
119,305
+34,158
| +40% | +$2.71M |
|
3019
PUT
Huntington Ingalls Industries
HII
$11.7B
| $8.72M | ﹤0.01% |
36,100
-42,200
| -54% | -$9.43M |
|
3020
PUT
Royal Bank of Canada
RY
$284B
| $8.71M | ﹤0.01% |
66,200
+7,800
| +13% | +$954K |
|
3021
CALL
Trimble
TRMB
$14.3B
| $8.71M | ﹤0.01% |
114,600
-143,400
| -56% | -$9.63M |
|
3022
Pentair
PNR
$9.91B
| $8.7M | ﹤0.01% |
84,790
+4,174
| +5% | +$390K |
|
3023
Patterson-UTI
PTEN
$4.68B
| $8.7M | ﹤0.01% |
1,467,445
-1,218,598
| -45% | -$7.34M |
|
3024
CALL
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.7B
| $8.7M | ﹤0.01% |
166,200
-16,400
| -9% | -$820K |
|
3025
TTM Technologies
TTMI
$13.1B
| $8.69M | ﹤0.01% |
212,991
+74,168
| +53% | +$2.05M |
|
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.