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 | |
|---|---|---|---|---|---|---|
3076
Par Pacific Holdings
PARR
$3.86B
| $8.5M | ﹤0.01% |
320,239
+164,679
| +106% | +$3.14M |
|
3077
Polaris
PII
$3.63B
| $8.49M | ﹤0.01% |
208,840
-145,255
| -41% | -$5.47M |
|
3078
Comfort Systems
FIX
$56.8B
| $8.49M | ﹤0.01% |
15,825
+13,946
| +742% | +$6.08M |
|
3079
Vanguard Real Estate ETF
VNQ
$38.8B
| $8.49M | ﹤0.01% |
95,278
-15,022
| -14% | -$1.32M |
|
3080
CALL
Vanguard Financials ETF
VFH
$13.9B
| $8.48M | ﹤0.01% |
66,600
+3,800
| +6% | +$453K |
|
3081
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $8.47M | ﹤0.01% |
315,200
+109,600
| +53% | +$3.02M |
|
3082
Atlantic Union Bankshares
AUB
$5.83B
| $8.47M | ﹤0.01% |
270,833
+83,716
| +45% | +$2.42M |
|
3083
PUT
FirstEnergy
FE
$26.8B
| $8.47M | ﹤0.01% |
210,400
-420,300
| -67% | -$17.3M |
|
3084
CALL
AllianceBernstein
AB
$3.41B
| $8.46M | ﹤0.01% |
207,300
-30,500
| -13% | -$1.2M |
|
3085
PUT
Magnite
MGNI
$3.35B
| $8.44M | ﹤0.01% |
350,100
-47,500
| -12% | -$700K |
|
3086
Dycom Industries
DY
$9.29B
| $8.44M | ﹤0.01% |
34,522
-6,970
| -17% | -$1.37M |
|
3087
PUT
Rhythm Pharmaceuticals
RYTM
$7.75B
| $8.44M | ﹤0.01% |
133,500
+111,200
| +499% | +$6.81M |
|
3088
Pool Corp
POOL
$6.76B
| $8.43M | ﹤0.01% |
28,920
+12,801
| +79% | +$3.87M |
|
3089
FuboTV Inc
FUBO
$305M
| $8.43M | ﹤0.01% |
181,960
+24,604
| +16% | +$921K |
|
|
SEE
3090
PUT
DELISTED
Sealed Air
SEE
| $8.42M | ﹤0.01% |
271,500
-423,000
| -61% | -$12.6M |
|
3091
JPMorgan International Research Enhanced Equity ETF
JIRE
$11.3B
| $8.42M | ﹤0.01% |
+118,953
| New | +$7.93M |
|
3092
Howmet Aerospace
HWM
$107B
| $8.42M | ﹤0.01% |
45,222
+779
| +2% | +$120K |
|
3093
PUT
Recursion Pharmaceuticals
RXRX
$1.84B
| $8.42M | ﹤0.01% |
1,663,100
+499,300
| +43% | +$2.45M |
|
3094
PUT
Energy Fuels
UUUU
$3.93B
| $8.41M | ﹤0.01% |
1,463,100
+692,500
| +90% | +$3.32M |
|
3095
CALL
Organon & Co
OGN
$3.61B
| $8.41M | ﹤0.01% |
868,900
+408,600
| +89% | +$4.21M |
|
3096
PUT
BlackLine
BL
$1.96B
| $8.4M | ﹤0.01% |
148,300
+128,500
| +649% | +$6.64M |
|
3097
CALL
Bitwise Bitcoin ETF
BITB
$2.96B
| $8.4M | ﹤0.01% |
143,300
-42,900
| -23% | -$2.3M |
|
3098
PUT
Omnicom Group
OMC
$24.1B
| $8.38M | ﹤0.01% |
116,500
+82,100
| +239% | +$6.06M |
|
3099
CALL
Centene
CNC
$32.3B
| $8.38M | ﹤0.01% |
154,400
-158,200
| -51% | -$9.28M |
|
3100
PUT
iShares Core S&P Small-Cap ETF
IJR
$111B
| $8.37M | ﹤0.01% |
76,600
+3,600
| +5% | +$372K |
|
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.