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 | |
|---|---|---|---|---|---|---|
3026
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.76B
| $8.69M | ﹤0.01% |
157,335
+34,682
| +28% | +$1.78M |
|
3027
McGrath RentCorp
MGRC
$2.78B
| $8.69M | ﹤0.01% |
74,947
-11,624
| -13% | -$1.29M |
|
3028
CALL
Finance of America Companies
FOA
$169M
| $8.68M | ﹤0.01% |
372,400
-141,400
| -28% | -$2.97M |
|
3029
Vanguard Health Care ETF
VHT
$19.4B
| $8.68M | ﹤0.01% |
34,964
+10,495
| +43% | +$2.59M |
|
3030
Skywest
SKYW
$3.84B
| $8.68M | ﹤0.01% |
84,308
+12,898
| +18% | +$1.23M |
|
3031
CALL
Cracker Barrel
CBRL
$1.23B
| $8.68M | ﹤0.01% |
142,100
-60,500
| -30% | -$3.05M |
|
3032
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.8B
| $8.68M | ﹤0.01% |
118,500
+67,500
| +132% | +$4.45M |
|
3033
CALL
InterDigital
IDCC
$8.64B
| $8.68M | ﹤0.01% |
38,700
+11,300
| +41% | +$2.39M |
|
3034
TE Connectivity
TEL
$58.8B
| $8.66M | ﹤0.01% |
51,351
+916
| +2% | +$139K |
|
3035
VeriSign
VRSN
$26.6B
| $8.65M | ﹤0.01% |
29,940
-3,272
| -10% | -$886K |
|
3036
Herc Holdings
HRI
$5.2B
| $8.64M | ﹤0.01% |
65,605
-15,605
| -19% | -$1.89M |
|
3037
CALL
iShares TIPS Bond ETF
TIP
$15.1B
| $8.64M | ﹤0.01% |
78,500
-47,900
| -38% | -$5.22M |
|
3038
Perimeter Solutions
PRM
$5.24B
| $8.63M | ﹤0.01% |
620,260
+453,552
| +272% | +$5.24M |
|
|
HDV
3039
iShares Core High Dividend ETF
HDV
$15.2B
| $8.63M | ﹤0.01% |
368,390
+310,945
| +541% | +$7.17M |
|
3040
PUT
Bank OZK
OZK
$5.39B
| $8.63M | ﹤0.01% |
183,400
-25,900
| -12% | -$1.13M |
|
3041
PUT
Immunocore
IMCR
$1.89B
| $8.63M | ﹤0.01% |
275,000
+252,200
| +1,106% | +$7.83M |
|
|
SARO
3042
CALL
StandardAero Inc
SARO
$8.3B
| $8.63M | ﹤0.01% |
272,600
+257,000
| +1,647% | +$7.21M |
|
3043
PUT
Globalstar
GSAT
$10.6B
| $8.63M | ﹤0.01% |
366,300
-971,800
| -73% | -$19.6M |
|
3044
CALL
Westlake Corp
WLK
$9.45B
| $8.63M | ﹤0.01% |
113,600
+97,000
| +584% | +$7.94M |
|
3045
VanEck Junior Gold Miners ETF
GDXJ
$9.92B
| $8.62M | ﹤0.01% |
127,519
+40,308
| +46% | +$2.55M |
|
3046
PUT
PureCycle Technologies
PCT
$1.34B
| $8.62M | ﹤0.01% |
629,100
-452,600
| -42% | -$4.01M |
|
3047
Keurig Dr Pepper
KDP
$43.4B
| $8.62M | ﹤0.01% |
260,681
+140,812
| +117% | +$4.76M |
|
3048
PUT
Global X Silver Miners ETF NEW
SIL
$5.59B
| $8.62M | ﹤0.01% |
179,000
-10,900
| -6% | -$465K |
|
3049
CALL
Blackstone Secured Lending
BXSL
$5.76B
| $8.61M | ﹤0.01% |
280,100
+235,000
| +521% | +$7.17M |
|
3050
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $8.61M | ﹤0.01% |
58,368
-974,115
| -94% | -$133M |
|
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.