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 | |
|---|---|---|---|---|---|---|
3076
CALL
AXT Inc
AXTI
$4.13B
| $9.74M | ﹤0.01% |
+595,700
| New | +$5.75M |
|
3077
SolarEdge
SEDG
$1.99B
| $9.74M | ﹤0.01% |
337,577
+305,476
| +952% | +$10.7M |
|
|
MESO
3078
CALL
Mesoblast
MESO
$2.3B
| $9.72M | ﹤0.01% |
538,600
+318,500
| +145% | +$5.48M |
|
3079
CALL
Asana
ASAN
$2.36B
| $9.71M | ﹤0.01% |
708,400
+46,700
| +7% | +$642K |
|
3080
Archer Daniels Midland
ADM
$38.3B
| $9.7M | ﹤0.01% |
168,808
-53,627
| -24% | -$3.2M |
|
3081
CALL
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.43B
| $9.7M | ﹤0.01% |
267,700
+186,700
| +230% | +$6.77M |
|
3082
CALL
iQIYI
IQ
$922M
| $9.7M | ﹤0.01% |
5,051,300
-857,800
| -15% | -$1.84M |
|
3083
PUT
StoneCo
STNE
$2.19B
| $9.67M | ﹤0.01% |
654,100
-54,100
| -8% | -$905K |
|
3084
PUT
Thor Industries
THO
$4B
| $9.67M | ﹤0.01% |
94,200
-45,200
| -32% | -$4.7M |
|
3085
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$323M
| $9.67M | ﹤0.01% |
357,600
-21,100
| -6% | -$589K |
|
3086
CALL
Brown-Forman Class B
BF.B
$12.6B
| $9.66M | ﹤0.01% |
+370,700
| New | +$10.4M |
|
|
MPT
3087
CALL
Medical Properties Trust
MPT
$2.46B
| $9.65M | ﹤0.01% |
1,930,900
-1,996,200
| -51% | -$10.4M |
|
3088
Okta
OKTA
$29.4B
| $9.64M | ﹤0.01% |
111,504
-93,167
| -46% | -$8.13M |
|
3089
Synchrony
SYF
$26.2B
| $9.64M | ﹤0.01% |
115,550
-99,364
| -46% | -$7.59M |
|
3090
PUT
SLM Corp
SLM
$5.06B
| $9.64M | ﹤0.01% |
356,200
+198,300
| +126% | +$5.44M |
|
|
MSTU
3091
CALL
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$6.14B
| $9.63M | ﹤0.01% |
115,880
+80,483
| +227% | +$19M |
|
3092
Harmony Gold Mining
HMY
$12.8B
| $9.62M | ﹤0.01% |
483,550
-435,463
| -47% | -$8.12M |
|
3093
PUT
Stride
LRN
$3.57B
| $9.6M | ﹤0.01% |
147,900
-19,000
| -11% | -$1.73M |
|
|
PTIR
3094
PUT
GraniteShares 2x Long PLTR Daily ETF
PTIR
$383M
| $9.59M | ﹤0.01% |
358,700
-419,800
| -54% | -$12.8M |
|
3095
CALL
Idaho Strategic Resources
IDR
$523M
| $9.58M | ﹤0.01% |
237,600
-88,400
| -27% | -$3.38M |
|
3096
CALL
Tradr TSLA Bear Daily ETF
TSLQ
$91.6M
| $9.57M | ﹤0.01% |
527,000
+338,400
| +179% | +$7.53M |
|
3097
PUT
iShares MSCI Germany ETF
EWG
$1.74B
| $9.57M | ﹤0.01% |
225,100
+69,800
| +45% | +$2.89M |
|
3098
CALL
iShares US Medical Devices ETF
IHI
$3.39B
| $9.56M | ﹤0.01% |
153,900
-11,400
| -7% | -$704K |
|
3099
PUT
Royal Bank of Canada
RY
$284B
| $9.56M | ﹤0.01% |
56,100
-118,500
| -68% | -$18.2M |
|
|
LBRDK
3100
DELISTED
Liberty Broadband Class C
LBRDK
| $9.56M | ﹤0.01% |
196,792
-14,466
| -7% | -$752K |
|
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.