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 | |
|---|---|---|---|---|---|---|
3126
Glacier Bancorp
GBCI
$6.14B
| $8.28M | ﹤0.01% |
192,225
+3,018
| +2% | +$125K |
|
3127
CALL
Genesis Energy
GEL
$1.99B
| $8.28M | ﹤0.01% |
480,500
+223,400
| +87% | +$3.39M |
|
3128
CALL
Vodafone
VOD
$36.8B
| $8.28M | ﹤0.01% |
776,600
-1,486,800
| -66% | -$14.4M |
|
3129
PUT
Box
BOX
$4.93B
| $8.27M | ﹤0.01% |
242,100
+196,000
| +425% | +$6.43M |
|
3130
CALL
Biohaven
BHVN
$2.39B
| $8.27M | ﹤0.01% |
586,200
+338,100
| +136% | +$6.03M |
|
3131
PUT
Avantor
AVTR
$9.9B
| $8.27M | ﹤0.01% |
614,500
+529,400
| +622% | +$7.24M |
|
3132
UFP Industries
UFPI
$4.67B
| $8.27M | ﹤0.01% |
83,229
+7,513
| +10% | +$758K |
|
|
SERV
3133
CALL
Serve Robotics
SERV
$427M
| $8.27M | ﹤0.01% |
722,600
+21,800
| +3% | +$192K |
|
3134
iShares Global Infrastructure ETF
IGF
$10.5B
| $8.26M | ﹤0.01% |
139,515
+135,773
| +3,628% | +$7.75M |
|
3135
CALL
Century Aluminum
CENX
$4.64B
| $8.26M | ﹤0.01% |
458,300
-239,500
| -34% | -$4.07M |
|
3136
Danaos Corp
DAC
$2.76B
| $8.25M | ﹤0.01% |
95,707
+57,889
| +153% | +$4.75M |
|
3137
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.8B
| $8.24M | ﹤0.01% |
109,012
-7,066
| -6% | -$485K |
|
3138
PUT
Cheesecake Factory
CAKE
$5.62B
| $8.23M | ﹤0.01% |
131,400
-33,700
| -20% | -$1.79M |
|
3139
CALL
Insight Enterprises
NSIT
$4.63B
| $8.2M | ﹤0.01% |
+59,400
| New | +$8M |
|
3140
Radian Group
RDN
$4.85B
| $8.19M | ﹤0.01% |
227,362
-2,384
| -1% | -$79.7K |
|
3141
Birkenstock
BIRK
$5.95B
| $8.19M | ﹤0.01% |
166,432
+113,563
| +215% | +$5.84M |
|
3142
HP
HPQ
$27.7B
| $8.17M | ﹤0.01% |
334,001
-805,654
| -71% | -$20.5M |
|
3143
iShares Europe ETF
IEV
$1.7B
| $8.16M | ﹤0.01% |
128,962
+114,548
| +795% | +$6.96M |
|
3144
Diamondback Energy
FANG
$55.6B
| $8.16M | ﹤0.01% |
59,354
-16,176
| -21% | -$2.24M |
|
3145
CALL
Applied Industrial Technologies
AIT
$12B
| $8.14M | ﹤0.01% |
35,000
+18,800
| +116% | +$4.28M |
|
3146
Atlas Energy Solutions
AESI
$1.63B
| $8.13M | ﹤0.01% |
608,007
+502,093
| +474% | +$6.86M |
|
|
3147
Avantor
AVTR
$9.9B
| $8.13M | ﹤0.01% |
603,921
+554,523
| +1,123% | +$7.59M |
|
|
AD
3148
PUT
Array Digital Infrastructure
AD
$3.09B
| $8.12M | ﹤0.01% |
127,000
+123,000
| +3,075% | +$7.82M |
|
3149
CALL
Aramark
ARMK
$15.3B
| $8.12M | ﹤0.01% |
194,000
+175,200
| +932% | +$6.5M |
|
3150
Watts Water Technologies
WTS
$12.2B
| $8.12M | ﹤0.01% |
33,021
+171
| +0.5% | +$38.5K |
|
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.