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 | |
|---|---|---|---|---|---|---|
|
KAUG
3176
Innovator U.S. Small Cap Power Buffer ETF - August
KAUG
$65M
| $7.95M | ﹤0.01% |
320,026
+249,565
| +354% | +$6.01M |
|
|
CEP
3177
DELISTED
Cantor Equity Partners
CEP
| $7.95M | ﹤0.01% |
+286,029
| New | +$8.73M |
|
3178
PUT
Albertsons Companies
ACI
$6.07B
| $7.94M | ﹤0.01% |
369,100
-346,000
| -48% | -$7.53M |
|
3179
Stellantis
STLA
$20.4B
| $7.93M | ﹤0.01% |
790,647
-75,833
| -9% | -$747K |
|
3180
Gartner
IT
$12.5B
| $7.92M | ﹤0.01% |
19,595
-1,979
| -9% | -$828K |
|
3181
Rush Street Interactive
RSI
$3.03B
| $7.92M | ﹤0.01% |
531,557
-234,931
| -31% | -$2.92M |
|
3182
Lantheus
LNTH
$6.56B
| $7.91M | ﹤0.01% |
96,660
+5,642
| +6% | +$495K |
|
3183
PUT
Aurora
AUR
$11.6B
| $7.91M | ﹤0.01% |
1,509,300
+1,008,600
| +201% | +$6.33M |
|
3184
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.4B
| $7.91M | ﹤0.01% |
190,939
+42,850
| +29% | +$1.76M |
|
3185
CALL
Semtech
SMTC
$12.3B
| $7.9M | ﹤0.01% |
175,100
-42,800
| -20% | -$1.52M |
|
3186
PUT
Bread Financial
BFH
$4.08B
| $7.89M | ﹤0.01% |
138,200
+88,500
| +178% | +$4.46M |
|
3187
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.7B
| $7.89M | ﹤0.01% |
148,120
+130,198
| +726% | +$6.79M |
|
3188
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $7.89M | ﹤0.01% |
45,700
-17,400
| -28% | -$2.83M |
|
3189
PUT
International Flavors & Fragrances
IFF
$22.3B
| $7.88M | ﹤0.01% |
107,200
-51,900
| -33% | -$3.92M |
|
3190
Host Hotels & Resorts
HST
$15.3B
| $7.88M | ﹤0.01% |
512,977
+205,571
| +67% | +$3.04M |
|
3191
PUT
BCE
BCE
$21.8B
| $7.87M | ﹤0.01% |
355,100
+146,700
| +70% | +$3.21M |
|
3192
Arcosa
ACA
$7.13B
| $7.87M | ﹤0.01% |
90,729
+10,459
| +13% | +$875K |
|
|
VISN
3193
CALL
Vistance Networks Inc
VISN
$1.41B
| $7.86M | ﹤0.01% |
949,500
-30,600
| -3% | -$160K |
|
3194
PUT
Burford Capital
BUR
$953M
| $7.86M | ﹤0.01% |
551,300
+471,300
| +589% | +$6.16M |
|
3195
PUT
Sphere Entertainment
SPHR
$5.07B
| $7.86M | ﹤0.01% |
188,000
+49,900
| +36% | +$1.69M |
|
3196
iShares US Real Estate ETF
IYR
$4.6B
| $7.86M | ﹤0.01% |
82,894
+57,627
| +228% | +$5.38M |
|
3197
CALL
US Foods
USFD
$23.2B
| $7.86M | ﹤0.01% |
102,000
+60,700
| +147% | +$4.33M |
|
3198
Peabody Energy
BTU
$3.54B
| $7.85M | ﹤0.01% |
585,221
+251,019
| +75% | +$3.31M |
|
3199
iShares Micro-Cap ETF
IWC
$1.5B
| $7.85M | ﹤0.01% |
61,502
+10,482
| +21% | +$1.21M |
|
|
USAR
3200
PUT
USA Rare Earth Inc
USAR
$4.4B
| $7.85M | ﹤0.01% |
+716,300
| New | +$7.59M |
|
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.