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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BULL
301
Webull Corp
BULL
$4.67B
| $428M | 0.05% |
28,942,094
+27,993,605
| +2,951% | +$399M |
|
|
302
lululemon athletica
LULU
$13.7B
| $428M | 0.05% |
2,404,361
+1,995,575
| +488% | +$400M |
|
303
PUT
United Airlines
UAL
$36.7B
| $427M | 0.05% |
4,423,300
-1,412,100
| -24% | -$136M |
|
304
PUT
Baidu
BIDU
$31.6B
| $427M | 0.05% |
3,238,000
-512,700
| -14% | -$50.8M |
|
305
CALL
Constellation Energy
CEG
$96.7B
| $426M | 0.05% |
1,295,500
-53,100
| -4% | -$17.1M |
|
|
OKLO
306
PUT
Oklo
OKLO
$7.83B
| $425M | 0.05% |
3,810,200
+1,173,000
| +44% | +$91.9M |
|
307
CALL
Occidental Petroleum
OXY
$61.3B
| $425M | 0.05% |
8,995,600
+2,086,100
| +30% | +$94.3M |
|
308
PUT
United States Oil Fund
USO
$2.1B
| $420M | 0.05% |
5,699,900
-5,401,100
| -49% | -$405M |
|
|
CRCL
309
Circle Internet Group
CRCL
$22.3B
| $417M | 0.05% |
3,148,082
+2,458,044
| +356% | +$389M |
|
310
CALL
Texas Instruments
TXN
$241B
| $416M | 0.05% |
2,264,800
+490,000
| +28% | +$95.8M |
|
311
PUT
Hims & Hers Health
HIMS
$7.88B
| $412M | 0.05% |
7,271,000
-2,393,500
| -25% | -$123M |
|
|
AXON
312
PUT
Axon Enterprise
AXON
$51B
| $411M | 0.05% |
572,700
+153,800
| +37% | +$117M |
|
313
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $410M | 0.05% |
10,451,300
+2,027,600
| +24% | +$91.3M |
|
314
CALL
Seagate
STX
$193B
| $409M | 0.05% |
1,733,100
+967,300
| +126% | +$165M |
|
315
PUT
Roblox
RBLX
$27.4B
| $407M | 0.05% |
2,940,700
+551,100
| +23% | +$68.5M |
|
316
PUT
AT&T
T
$173B
| $406M | 0.05% |
14,376,700
+798,400
| +6% | +$22.7M |
|
317
Applovin
APP
$102B
| $405M | 0.05% |
563,344
-55,839
| -9% | -$25.7M |
|
318
PUT
Avis
CAR
$5.18B
| $403M | 0.05% |
2,510,000
-667,800
| -21% | -$113M |
|
319
PUT
ProShares UltraPro QQQ
TQQQ
$35.8B
| $401M | 0.05% |
7,747,600
-5,819,400
| -43% | -$265M |
|
|
BMNR
320
BitMine Immersion Technologies
BMNR
$13.8B
| $399M | 0.05% |
+7,689,603
| New | +$390M |
|
|
TEM
321
CALL
Tempus AI
TEM
$13.1B
| $396M | 0.05% |
4,909,800
+388,200
| +9% | +$27.2M |
|
322
CALL
Apollo Global Management
APO
$78.4B
| $394M | 0.05% |
2,954,000
+401,500
| +16% | +$56.8M |
|
|
323
PUT
Seagate
STX
$193B
| $393M | 0.05% |
1,666,600
+708,800
| +74% | +$121M |
|
324
PUT
KKR & Co
KKR
$97.4B
| $392M | 0.04% |
3,016,800
+994,100
| +49% | +$141M |
|
325
CALL
Intuitive Surgical
ISRG
$134B
| $392M | 0.04% |
875,500
+148,000
| +20% | +$71M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.