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 | |
|---|---|---|---|---|---|---|
3026
Sportradar
SRAD
$3.78B
| $10.1M | ﹤0.01% |
+424,707
| New | +$10.2M |
|
3027
CALL
CG Oncology
CGON
$7B
| $10.1M | ﹤0.01% |
242,800
+192,300
| +381% | +$7.96M |
|
3028
CALL
Texas Roadhouse
TXRH
$13.1B
| $10.1M | ﹤0.01% |
60,700
-70,800
| -54% | -$12M |
|
3029
iShares MSCI EAFE Growth ETF
EFG
$17.2B
| $10.1M | ﹤0.01% |
88,433
-58,066
| -40% | -$6.66M |
|
3030
Cogent Biosciences
COGT
$6.44B
| $10.1M | ﹤0.01% |
283,497
+204,874
| +261% | +$5.76M |
|
3031
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $10.1M | ﹤0.01% |
121,528
+31,236
| +35% | +$2.59M |
|
3032
PUT
Recursion Pharmaceuticals
RXRX
$1.84B
| $10.1M | ﹤0.01% |
2,458,400
+296,300
| +14% | +$1.47M |
|
|
FIGR
3033
PUT
Figure Technology Solutions
FIGR
$8.53B
| $10.1M | ﹤0.01% |
246,100
-313,900
| -56% | -$12.6M |
|
3034
NetEase
NTES
$78.6B
| $10M | ﹤0.01% |
73,024
-6,443
| -8% | -$915K |
|
3035
PUT
Carlisle Companies
CSL
$14.3B
| $10M | ﹤0.01% |
31,400
+2,800
| +10% | +$907K |
|
3036
Prudential Financial
PRU
$41.5B
| $10M | ﹤0.01% |
88,798
+28,325
| +47% | +$3.04M |
|
3037
CALL
Vanguard Health Care ETF
VHT
$19.4B
| $10M | ﹤0.01% |
34,800
+16,200
| +87% | +$4.53M |
|
|
JBTM
3038
JBT Marel
JBTM
$6.12B
| $10M | ﹤0.01% |
66,474
+64,326
| +2,995% | +$9.07M |
|
3039
Simon Property Group
SPG
$69.5B
| $10M | ﹤0.01% |
54,096
-3,131
| -5% | -$569K |
|
|
BTC
3040
CALL
Grayscale Bitcoin Mini Trust ETF
BTC
$4.23B
| $10M | ﹤0.01% |
258,500
-17,200
| -6% | -$762K |
|
3041
Steris
STE
$22.7B
| $10M | ﹤0.01% |
39,488
+27,996
| +244% | +$7.03M |
|
|
AGIX
3042
KraneShares Public-Private AI & Technology ETF
AGIX
$687M
| $10M | ﹤0.01% |
275,675
-208,682
| -43% | -$7.73M |
|
3043
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$241M
| $9.99M | ﹤0.01% |
133,030
-21,960
| -14% | -$1.7M |
|
3044
Rocket Lab Corp
RKLB
$43.2B
| $9.98M | ﹤0.01% |
143,121
-92,714
| -39% | -$5.31M |
|
3045
CALL
iShares MSCI France ETF
EWQ
$332M
| $9.98M | ﹤0.01% |
+221,800
| New | +$9.87M |
|
3046
PUT
Scotiabank
BNS
$113B
| $9.97M | ﹤0.01% |
135,300
-46,800
| -26% | -$3.18M |
|
|
KYIV
3047
CALL
Kyivstar Group
KYIV
$3.13B
| $9.95M | ﹤0.01% |
766,700
+582,100
| +315% | +$7.67M |
|
3048
Globe Life
GL
$13.5B
| $9.95M | ﹤0.01% |
71,132
+49,891
| +235% | +$6.76M |
|
3049
VanEck Bitcoin Trust
HODL
$1.33B
| $9.93M | ﹤0.01% |
401,700
+368,686
| +1,117% | +$10.4M |
|
3050
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.65B
| $9.93M | ﹤0.01% |
155,074
+136,629
| +741% | +$8.81M |
|
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.