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 | |
|---|---|---|---|---|---|---|
3226
CALL
Schrodinger
SDGR
$1.48B
| $7.71M | ﹤0.01% |
383,300
+97,900
| +34% | +$2.24M |
|
3227
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.39B
| $7.71M | ﹤0.01% |
459,829
+261,730
| +132% | +$4.05M |
|
3228
PUT
New Oriental
EDU
$9.3B
| $7.71M | ﹤0.01% |
142,900
-94,400
| -40% | -$4.48M |
|
3229
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $7.69M | ﹤0.01% |
250,772
+97,870
| +64% | +$2.95M |
|
3230
Tidewater
TDW
$4.62B
| $7.69M | ﹤0.01% |
166,775
+61,031
| +58% | +$2.47M |
|
3231
PUT
Western Alliance Bancorporation
WAL
$8.56B
| $7.69M | ﹤0.01% |
98,600
+11,400
| +13% | +$819K |
|
3232
CALL
Harmony Biosciences
HRMY
$2.29B
| $7.69M | ﹤0.01% |
243,300
+127,300
| +110% | +$4.1M |
|
3233
Invesco Total Return Bond ETF
GTO
$2.49B
| $7.69M | ﹤0.01% |
163,910
+112,788
| +221% | +$5.23M |
|
3234
ARK Web x.0 ETF
ARKW
$1.83B
| $7.68M | ﹤0.01% |
52,034
-20,550
| -28% | -$2.35M |
|
3235
CALL
Travel + Leisure Co
TNL
$4.39B
| $7.68M | ﹤0.01% |
148,800
+51,000
| +52% | +$2.4M |
|
3236
PUT
Zebra Technologies
ZBRA
$16.8B
| $7.68M | ﹤0.01% |
24,900
+3,200
| +15% | +$869K |
|
3237
First Financial Bankshares
FFIN
$4.77B
| $7.68M | ﹤0.01% |
213,369
+3,709
| +2% | +$129K |
|
3238
ProShares Ultra Gold
UGL
$862M
| $7.67M | ﹤0.01% |
221,315
+69,615
| +46% | +$2.42M |
|
|
SA
3239
Seabridge Gold
SA
$3.5B
| $7.66M | ﹤0.01% |
527,835
+156,338
| +42% | +$1.99M |
|
3240
CALL
Novavax
NVAX
$1.47B
| $7.66M | ﹤0.01% |
1,215,900
-115,200
| -9% | -$763K |
|
3241
CALL
Toro Company
TTC
$9.38B
| $7.64M | ﹤0.01% |
108,100
+1,300
| +1% | +$92.2K |
|
3242
CALL
Hormel Foods
HRL
$11.7B
| $7.64M | ﹤0.01% |
252,500
+48,000
| +23% | +$1.45M |
|
3243
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.52B
| $7.63M | ﹤0.01% |
+201,113
| New | +$7.35M |
|
3244
United Natural Foods
UNFI
$2.81B
| $7.63M | ﹤0.01% |
327,482
+244,950
| +297% | +$6.39M |
|
3245
PUT
Essex Property Trust
ESS
$18.2B
| $7.62M | ﹤0.01% |
26,900
+13,500
| +101% | +$3.79M |
|
3246
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.19B
| $7.62M | ﹤0.01% |
35,971
+14,216
| +65% | +$2.8M |
|
|
JBTM
3247
JBT Marel
JBTM
$6.08B
| $7.61M | ﹤0.01% |
63,321
+5,292
| +9% | +$591K |
|
3248
PUT
Reinsurance Group of America
RGA
$16B
| $7.6M | ﹤0.01% |
38,300
+31,600
| +472% | +$6.17M |
|
3249
CALL
Amer Sports
AS
$17.9B
| $7.6M | ﹤0.01% |
196,000
+171,900
| +713% | +$5.29M |
|
3250
Lennox International
LII
$13.5B
| $7.59M | ﹤0.01% |
13,238
+8,576
| +184% | +$4.8M |
|
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.