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 | |
|---|---|---|---|---|---|---|
3251
Navios Maritime Partners
NMM
$2.48B
| $8.63M | ﹤0.01% |
164,548
-50,784
| -24% | -$2.52M |
|
3252
Viatris
VTRS
$18.9B
| $8.63M | ﹤0.01% |
692,895
-1,189,747
| -63% | -$12.8M |
|
3253
CALL
Fastly Inc
FSLY
$3.66B
| $8.62M | ﹤0.01% |
846,400
+184,100
| +28% | +$1.82M |
|
3254
Bitdeer Technologies
BTDR
$2.75B
| $8.61M | ﹤0.01% |
768,303
+348,148
| +83% | +$5.61M |
|
3255
PUT
Structure Therapeutics
GPCR
$3.37B
| $8.6M | ﹤0.01% |
123,700
-121,300
| -50% | -$4.95M |
|
|
HDV
3256
iShares Core High Dividend ETF
HDV
$15.2B
| $8.59M | ﹤0.01% |
353,095
+8,600
| +2% | +$209K |
|
3257
Shake Shack
SHAK
$2.85B
| $8.58M | ﹤0.01% |
105,737
+7,517
| +8% | +$663K |
|
3258
PUT
Penumbra
PEN
$12.7B
| $8.58M | ﹤0.01% |
27,600
-4,100
| -13% | -$1.13M |
|
3259
CALL
Teledyne Technologies
TDY
$28.9B
| $8.58M | ﹤0.01% |
16,800
+3,000
| +22% | +$1.58M |
|
|
DAY
3260
CALL
DELISTED
Dayforce
DAY
| $8.57M | ﹤0.01% |
123,900
-34,900
| -22% | -$2.4M |
|
|
WW
3261
CALL
WW International
WW
$157M
| $8.57M | ﹤0.01% |
293,200
+17,000
| +6% | +$475K |
|
3262
Hanover Insurance
THG
$7.92B
| $8.57M | ﹤0.01% |
46,871
+45,121
| +2,578% | +$8.11M |
|
3263
CALL
PAR Technology
PAR
$810M
| $8.55M | ﹤0.01% |
235,600
+200,700
| +575% | +$7.24M |
|
3264
SoundHound AI
SOUN
$3.14B
| $8.53M | ﹤0.01% |
855,571
-412,452
| -33% | -$5.94M |
|
3265
PUT
Equifax
EFX
$22.8B
| $8.53M | ﹤0.01% |
39,300
-22,000
| -36% | -$4.82M |
|
3266
CALL
Hess Midstream
HESM
$5.08B
| $8.51M | ﹤0.01% |
246,700
+121,600
| +97% | +$4.09M |
|
3267
Northern Trust Morningstar US Market Factor Tilt ETF
TILT
$2.24B
| $8.49M | ﹤0.01% |
34,154
+21,099
| +162% | +$5.18M |
|
|
CWVX
3268
PUT
Tradr 2X Long CRWV Daily ETF
CWVX
$80.2M
| $8.49M | ﹤0.01% |
388,000
+368,300
| +1,870% | +$20.8M |
|
3269
Alamos Gold
AGI
$15.4B
| $8.48M | ﹤0.01% |
219,902
+174,685
| +386% | +$6.09M |
|
|
FITB
3270
Fifth Third Bancorp
FITB
$49.5B
| $8.48M | ﹤0.01% |
181,168
+28,305
| +19% | +$1.25M |
|
3271
iShares 0-3 Month Treasury Bond ETF
SGOV
$104B
| $8.47M | ﹤0.01% |
84,339
+811
| +1% | +$81.5K |
|
3272
PUT
MarketAxess Holdings
MKTX
$5.73B
| $8.45M | ﹤0.01% |
46,600
-38,200
| -45% | -$6.52M |
|
|
TPC
3273
Tutor Perini Cor
TPC
$4.68B
| $8.44M | ﹤0.01% |
125,950
+44,866
| +55% | +$2.94M |
|
3274
PUT
iShares Select Dividend ETF
DVY
$23.8B
| $8.44M | ﹤0.01% |
59,800
+22,400
| +60% | +$3.16M |
|
|
HNGE
3275
PUT
Hinge Health
HNGE
$7.13B
| $8.44M | ﹤0.01% |
181,700
-160,400
| -47% | -$7.73M |
|
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.