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 | |
|---|---|---|---|---|---|---|
3301
Pool Corp
POOL
$6.83B
| $8.29M | ﹤0.01% |
36,262
-21,979
| -38% | -$5.72M |
|
3302
PUT
Kodiak Gas Services
KGS
$5.83B
| $8.29M | ﹤0.01% |
221,700
+125,400
| +130% | +$4.43M |
|
|
SEE
3303
CALL
DELISTED
Sealed Air
SEE
| $8.28M | ﹤0.01% |
199,800
+3,300
| +2% | +$128K |
|
3304
PUT
Illinois Tool Works
ITW
$79.8B
| $8.28M | ﹤0.01% |
33,600
-20,700
| -38% | -$5.16M |
|
3305
BioMarin Pharmaceuticals
BMRN
$12.5B
| $8.27M | ﹤0.01% |
139,210
-42,784
| -24% | -$2.33M |
|
3306
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.71B
| $8.25M | ﹤0.01% |
678,500
-15,800
| -2% | -$248K |
|
3307
Century Aluminum
CENX
$4.61B
| $8.25M | ﹤0.01% |
210,483
-7,668
| -4% | -$240K |
|
3308
CALL
Liberty Global Class A
LBTYA
$3.64B
| $8.24M | ﹤0.01% |
739,900
+506,800
| +217% | +$5.61M |
|
3309
CALL
Direxion Daily NVDA Bear 1X ETF
NVDD
$19.9M
| $8.24M | ﹤0.01% |
214,900
+132,600
| +161% | +$5.17M |
|
|
JKS
3310
CALL
JinkoSolar
JKS
$709M
| $8.24M | ﹤0.01% |
319,200
+210,500
| +194% | +$5.37M |
|
3311
Hawaiian Electric Industries
HE
$1.97B
| $8.21M | ﹤0.01% |
667,799
+93
| +0% | +$1.08K |
|
|
SNV
3312
DELISTED
Synovus
SNV
| $8.21M | ﹤0.01% |
164,034
+82,016
| +100% | +$3.94M |
|
3313
CALL
Cooper Companies
COO
$13.9B
| $8.2M | ﹤0.01% |
100,100
+62,500
| +166% | +$4.68M |
|
3314
CALL
GDS Holdings
GDS
$6.69B
| $8.2M | ﹤0.01% |
235,000
-671,800
| -74% | -$23.2M |
|
|
GRMN
3315
PUT
Garmin
GRMN
$55B
| $8.17M | ﹤0.01% |
40,300
-29,900
| -43% | -$6.5M |
|
3316
PUT
Tyler Technologies
TYL
$15.5B
| $8.17M | ﹤0.01% |
18,000
-2,700
| -13% | -$1.29M |
|
3317
BlackBerry
BB
$4.78B
| $8.17M | ﹤0.01% |
2,155,432
-1,169,484
| -35% | -$5.14M |
|
3318
PUT
Halozyme
HALO
$12B
| $8.16M | ﹤0.01% |
121,300
-149,900
| -55% | -$10.1M |
|
3319
CALL
CoreCivic
CXW
$3.34B
| $8.15M | ﹤0.01% |
426,500
+173,100
| +68% | +$3.17M |
|
3320
Public Storage
PSA
$58.5B
| $8.15M | ﹤0.01% |
31,394
-35,799
| -53% | -$10M |
|
3321
Arcus Biosciences
RCUS
$3.72B
| $8.15M | ﹤0.01% |
341,865
-47,276
| -12% | -$965K |
|
|
TIGR
3322
PUT
UP Fintech Holding
TIGR
$906M
| $8.14M | ﹤0.01% |
851,200
-7,145,300
| -89% | -$68.2M |
|
3323
ASP Isotopes
ASPI
$595M
| $8.11M | ﹤0.01% |
1,516,643
+174,860
| +13% | +$1.39M |
|
3324
Harley-Davidson
HOG
$2.92B
| $8.11M | ﹤0.01% |
395,666
+313,239
| +380% | +$7.7M |
|
3325
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $8.1M | ﹤0.01% |
106,800
-53,200
| -33% | -$4.11M |
|
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.