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 | |
|---|---|---|---|---|---|---|
3126
Star Bulk Carriers
SBLK
$3.41B
| $9.4M | ﹤0.01% |
489,010
+68,356
| +16% | +$1.28M |
|
3127
GE HealthCare
GEHC
$32.4B
| $9.4M | ﹤0.01% |
114,552
-38,039
| -25% | -$2.96M |
|
3128
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $9.39M | ﹤0.01% |
102,768
-34,082
| -25% | -$3.12M |
|
3129
CALL
State Street SPDR S&P Semiconductor ETF
XSD
$2.6B
| $9.39M | ﹤0.01% |
29,200
-23,800
| -45% | -$7.85M |
|
3130
PUT
iShares Russell 1000 Value ETF
IWD
$84.4B
| $9.38M | ﹤0.01% |
44,600
-24,800
| -36% | -$5.12M |
|
3131
Entergy
ETR
$49.4B
| $9.38M | ﹤0.01% |
101,463
+37,913
| +60% | +$3.6M |
|
|
FLY
3132
Firefly Aerospace
FLY
$3.53B
| $9.38M | ﹤0.01% |
419,187
+234,467
| +127% | +$5.43M |
|
3133
CALL
ING
ING
$101B
| $9.37M | ﹤0.01% |
334,700
+90,300
| +37% | +$2.33M |
|
3134
PUT
Crane Co
CR
$11.9B
| $9.37M | ﹤0.01% |
50,800
-4,600
| -8% | -$853K |
|
3135
State Street
STT
$53.1B
| $9.37M | ﹤0.01% |
72,611
+5,442
| +8% | +$652K |
|
3136
First Trust Cloud Computing ETF
SKYY
$3.39B
| $9.36M | ﹤0.01% |
71,970
+57,117
| +385% | +$7.63M |
|
3137
FuboTV Inc
FUBO
$314M
| $9.36M | ﹤0.01% |
309,536
-7,182
| -2% | -$287K |
|
3138
CALL
Valley National Bancorp
VLY
$7.66B
| $9.36M | ﹤0.01% |
801,000
+555,200
| +226% | +$6.16M |
|
3139
Alaska Air
ALK
$4.73B
| $9.35M | ﹤0.01% |
185,959
-319,950
| -63% | -$14.8M |
|
3140
CALL
Green Plains
GPRE
$965M
| $9.35M | ﹤0.01% |
953,800
+16,300
| +2% | +$164K |
|
3141
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $9.35M | ﹤0.01% |
78,300
+17,100
| +28% | +$2.05M |
|
3142
PUT
Pool Corp
POOL
$6.75B
| $9.33M | ﹤0.01% |
40,800
-58,600
| -59% | -$15.2M |
|
3143
Royal Caribbean
RCL
$75.4B
| $9.3M | ﹤0.01% |
33,332
-30,005
| -47% | -$8.48M |
|
3144
CALL
Immunome
IMNM
$3.14B
| $9.29M | ﹤0.01% |
432,700
+236,900
| +121% | +$4.16M |
|
3145
MakeMyTrip
MMYT
$5.54B
| $9.29M | ﹤0.01% |
113,164
+105,579
| +1,392% | +$8.66M |
|
3146
PUT
Aehr Test Systems
AEHR
$2.73B
| $9.28M | ﹤0.01% |
459,600
-108,100
| -19% | -$2.61M |
|
3147
CALL
Lattice Semiconductor
LSCC
$16.4B
| $9.28M | ﹤0.01% |
126,100
-100,000
| -44% | -$7.12M |
|
|
LFSC
3148
F/m Emerald Life Sciences Innovation ETF
LFSC
$127M
| $9.27M | ﹤0.01% |
+253,148
| New | +$8.68M |
|
3149
Curtiss-Wright
CW
$21.9B
| $9.23M | ﹤0.01% |
16,738
-5,328
| -24% | -$2.97M |
|
3150
CALL
Gossamer Bio
GOSS
$83M
| $9.21M | ﹤0.01% |
2,970,700
-330,900
| -10% | -$944K |
|
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.