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 | |
|---|---|---|---|---|---|---|
3051
TPG
TPG
$8.99B
| $8.6M | ﹤0.01% |
164,015
+41,403
| +34% | +$1.99M |
|
3052
Hancock Whitney
HWC
$6.02B
| $8.6M | ﹤0.01% |
149,835
-15,697
| -9% | -$835K |
|
3053
Amplify Junior Silver Miners ETF
SILJ
$4.39B
| $8.6M | ﹤0.01% |
580,794
-937,499
| -62% | -$12.2M |
|
3054
CALL
State Street SPDR S&P Dividend ETF
SDY
$22B
| $8.59M | ﹤0.01% |
63,300
+35,500
| +128% | +$4.71M |
|
3055
CALL
Vista Energy
VIST
$7.81B
| $8.59M | ﹤0.01% |
179,600
+51,600
| +40% | +$2.44M |
|
3056
PUT
Owens Corning
OC
$11.4B
| $8.58M | ﹤0.01% |
62,400
+31,300
| +101% | +$4.32M |
|
3057
PUT
Axos Financial
AX
$5.52B
| $8.57M | ﹤0.01% |
112,700
+26,400
| +31% | +$1.78M |
|
3058
PUT
Alamos Gold
AGI
$15.9B
| $8.57M | ﹤0.01% |
322,600
+133,600
| +71% | +$3.57M |
|
3059
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $8.55M | ﹤0.01% |
333,902
+242,016
| +263% | +$5.83M |
|
3060
Magnolia Oil & Gas
MGY
$6.32B
| $8.55M | ﹤0.01% |
380,278
-25,347
| -6% | -$561K |
|
3061
Labcorp
LH
$27.3B
| $8.54M | ﹤0.01% |
32,550
+25,730
| +377% | +$6.27M |
|
3062
JFrog
FROG
$12.8B
| $8.54M | ﹤0.01% |
194,713
+153,718
| +375% | +$5.84M |
|
3063
BlackSky Technology
BKSY
$1.01B
| $8.54M | ﹤0.01% |
415,160
+246,759
| +147% | +$2.66M |
|
3064
PUT
Freedom Holding
FRHC
$10.9B
| $8.54M | ﹤0.01% |
58,500
+28,300
| +94% | +$4.18M |
|
3065
CALL
RELX
RELX
$63.2B
| $8.54M | ﹤0.01% |
+157,100
| New | +$8.31M |
|
3066
PUT
HF Sinclair
DINO
$17.2B
| $8.54M | ﹤0.01% |
207,800
-252,000
| -55% | -$8.68M |
|
3067
PUT
Public Service Enterprise Group
PEG
$36.5B
| $8.54M | ﹤0.01% |
101,400
+45,300
| +81% | +$3.65M |
|
3068
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.7B
| $8.52M | ﹤0.01% |
162,833
+130,155
| +398% | +$6.5M |
|
3069
Life Time Group Holdings
LTH
$9.91B
| $8.52M | ﹤0.01% |
280,983
+73,134
| +35% | +$2.17M |
|
3070
PUT
McCormick & Company Non-Voting
MKC
$14.7B
| $8.52M | ﹤0.01% |
112,400
-22,200
| -16% | -$1.66M |
|
3071
CALL
TE Connectivity
TEL
$58.8B
| $8.52M | ﹤0.01% |
50,500
-88,500
| -64% | -$13.4M |
|
3072
CALL
Vanguard Energy ETF
VDE
$10.6B
| $8.52M | ﹤0.01% |
71,500
+25,200
| +54% | +$2.93M |
|
3073
Loar Holdings
LOAR
$6.85B
| $8.51M | ﹤0.01% |
98,809
+92,952
| +1,587% | +$8.04M |
|
3074
PUT
Murphy USA
MUSA
$9.36B
| $8.5M | ﹤0.01% |
20,900
+9,100
| +77% | +$4.14M |
|
3075
PUT
Palomar
PLMR
$3.41B
| $8.5M | ﹤0.01% |
55,100
+42,200
| +327% | +$6.53M |
|
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.