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 | |
|---|---|---|---|---|---|---|
3301
CALL
Brown-Forman Class B
BF.B
$12.5B
| $7.34M | ﹤0.01% |
272,800
-116,200
| -30% | -$3.73M |
|
3302
Repligen
RGEN
$9.95B
| $7.34M | ﹤0.01% |
59,021
+20,292
| +52% | +$2.58M |
|
3303
PUT
Onto Innovation
ONTO
$16.6B
| $7.34M | ﹤0.01% |
72,700
-15,300
| -17% | -$1.63M |
|
3304
CALL
Globant
GLOB
$1.75B
| $7.31M | ﹤0.01% |
80,500
+55,400
| +221% | +$5.92M |
|
3305
Direxion Daily MSFT Bull 2X ETF
MSFU
$682M
| $7.31M | ﹤0.01% |
147,124
+125,670
| +586% | +$4.91M |
|
3306
Floor & Decor
FND
$5.64B
| $7.3M | ﹤0.01% |
96,137
-103,917
| -52% | -$7.72M |
|
3307
Towne Bank
TOWN
$3.46B
| $7.3M | ﹤0.01% |
213,550
+38,580
| +22% | +$1.29M |
|
3308
iShares Core MSCI EAFE ETF
IEFA
$195B
| $7.29M | ﹤0.01% |
87,375
-1,988,600
| -96% | -$158M |
|
3309
iShares Core S&P Small-Cap ETF
IJR
$110B
| $7.29M | ﹤0.01% |
66,704
+44,733
| +204% | +$4.62M |
|
3310
CALL
Danaos Corp
DAC
$2.74B
| $7.29M | ﹤0.01% |
84,500
+61,200
| +263% | +$5.02M |
|
3311
Mercury Insurance
MCY
$5.7B
| $7.28M | ﹤0.01% |
108,149
+43,087
| +66% | +$2.56M |
|
3312
Itron
ITRI
$4.27B
| $7.28M | ﹤0.01% |
55,279
+1,305
| +2% | +$148K |
|
3313
PUT
AptarGroup
ATR
$8.46B
| $7.27M | ﹤0.01% |
46,500
+41,900
| +911% | +$6.33M |
|
3314
PUT
Jackson Financial
JXN
$9.09B
| $7.27M | ﹤0.01% |
81,900
-6,900
| -8% | -$559K |
|
3315
iShares 0-3 Month Treasury Bond ETF
SGOV
$104B
| $7.26M | ﹤0.01% |
72,118
+5,769
| +9% | +$580K |
|
|
3316
PUT
Brown-Forman Class B
BF.B
$12.5B
| $7.26M | ﹤0.01% |
269,700
-354,300
| -57% | -$11.4M |
|
3317
PUT
Woodward
WWD
$20.2B
| $7.25M | ﹤0.01% |
29,600
+17,800
| +151% | +$3.64M |
|
3318
Cboe Global Markets
CBOE
$32.4B
| $7.25M | ﹤0.01% |
31,093
-48,250
| -61% | -$10.7M |
|
3319
CALL
iShares US Technology ETF
IYW
$25.3B
| $7.24M | ﹤0.01% |
41,800
-29,100
| -41% | -$4.41M |
|
3320
Synchrony
SYF
$25.4B
| $7.24M | ﹤0.01% |
108,419
+16,473
| +18% | +$921K |
|
3321
Schwab Fundamental US Small Company Index ETF
FNDA
$9.15B
| $7.22M | ﹤0.01% |
252,164
+211,538
| +521% | +$5.74M |
|
3322
PUT
Lennox International
LII
$13.6B
| $7.22M | ﹤0.01% |
12,600
-8,900
| -41% | -$4.98M |
|
|
GTM
3323
PUT
ZoomInfo Technologies
GTM
$1.22B
| $7.22M | ﹤0.01% |
713,400
-903,600
| -56% | -$8.36M |
|
3324
Option Care Health
OPCH
$3.58B
| $7.22M | ﹤0.01% |
222,230
-12,770
| -5% | -$413K |
|
3325
Papa John's
PZZA
$781M
| $7.22M | ﹤0.01% |
147,454
+30,694
| +26% | +$1.25M |
|
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.