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 | |
|---|---|---|---|---|---|---|
3101
Invesco S&P 500 Equal Weight ETF
RSP
$99.8B
| $8.37M | ﹤0.01% |
46,034
+1,816
| +4% | +$313K |
|
3102
CALL
Jones Lang LaSalle
JLL
$17.4B
| $8.36M | ﹤0.01% |
32,700
+8,500
| +35% | +$1.95M |
|
3103
Corpay
CPAY
$26.5B
| $8.36M | ﹤0.01% |
25,194
+19,905
| +376% | +$6.49M |
|
3104
CALL
Dynatrace
DT
$15.4B
| $8.36M | ﹤0.01% |
151,400
-133,300
| -47% | -$6.68M |
|
3105
Corebridge Financial
CRBG
$14.5B
| $8.35M | ﹤0.01% |
235,347
-128,016
| -35% | -$3.98M |
|
3106
Clover Health Investments
CLOV
$2.25B
| $8.35M | ﹤0.01% |
2,991,753
+829,541
| +38% | +$2.73M |
|
3107
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$250M
| $8.34M | ﹤0.01% |
195,800
-59,300
| -23% | -$2.34M |
|
3108
PUT
Cavco Industries
CVCO
$4.39B
| $8.34M | ﹤0.01% |
19,200
+14,500
| +309% | +$6.79M |
|
3109
PUT
SiTime
SITM
$18B
| $8.33M | ﹤0.01% |
39,100
-5,900
| -13% | -$1.07M |
|
|
WNS
3110
DELISTED
WNS Holdings
WNS
| $8.33M | ﹤0.01% |
131,738
-181,379
| -58% | -$10.9M |
|
3111
CALL
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.8B
| $8.33M | ﹤0.01% |
42,700
+15,500
| +57% | +$2.87M |
|
3112
Perrigo
PRGO
$1.99B
| $8.33M | ﹤0.01% |
311,565
-103,929
| -25% | -$2.72M |
|
3113
Banc of California
BANC
$2.97B
| $8.32M | ﹤0.01% |
592,496
-58,048
| -9% | -$791K |
|
3114
Alpha Metallurgical Resources
AMR
$2.88B
| $8.32M | ﹤0.01% |
74,000
-3,529
| -5% | -$412K |
|
3115
CALL
Invesco
IVZ
$14.7B
| $8.32M | ﹤0.01% |
527,700
+260,900
| +98% | +$3.75M |
|
3116
HEICO Corp
HEI
$47.1B
| $8.32M | ﹤0.01% |
25,370
+14,226
| +128% | +$3.94M |
|
3117
CALL
Owens Corning
OC
$11.4B
| $8.32M | ﹤0.01% |
60,500
+23,800
| +65% | +$3.29M |
|
3118
iShares Russell 1000 Value ETF
IWD
$84B
| $8.32M | ﹤0.01% |
+42,835
| New | +$7.93M |
|
3119
Leidos
LDOS
$17.6B
| $8.32M | ﹤0.01% |
52,736
+36,187
| +219% | +$5.35M |
|
3120
California Resources
CRC
$4.7B
| $8.32M | ﹤0.01% |
182,115
-35,941
| -16% | -$1.47M |
|
3121
PUT
Vanguard Morningstar Value ETF
VTV
$193B
| $8.31M | ﹤0.01% |
47,000
+15,500
| +49% | +$2.62M |
|
3122
UiPath
PATH
$9.5B
| $8.31M | ﹤0.01% |
648,840
-152,748
| -19% | -$1.83M |
|
3123
Sterling Infrastructure
STRL
$15.5B
| $8.3M | ﹤0.01% |
35,993
-115,661
| -76% | -$20.2M |
|
3124
PUT
First Majestic Silver
AG
$10.7B
| $8.3M | ﹤0.01% |
1,004,000
-57,100
| -5% | -$384K |
|
3125
Steven Madden
SHOO
$3.27B
| $8.28M | ﹤0.01% |
345,489
+56,347
| +19% | +$1.32M |
|
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.