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 | |
|---|---|---|---|---|---|---|
3351
PUT
Magna International
MGA
$17.6B
| $7.08M | ﹤0.01% |
183,500
-64,500
| -26% | -$2.28M |
|
3352
CareTrust REIT
CTRE
$9.22B
| $7.08M | ﹤0.01% |
231,375
-5,127
| -2% | -$148K |
|
3353
Selective Insurance
SIGI
$5.51B
| $7.08M | ﹤0.01% |
81,706
+10,164
| +14% | +$891K |
|
3354
Regal Rexnord
RRX
$10.5B
| $7.08M | ﹤0.01% |
48,816
+28,202
| +137% | +$3.54M |
|
3355
American Healthcare REIT
AHR
$12.1B
| $7.07M | ﹤0.01% |
192,368
-32,084
| -14% | -$1.07M |
|
|
ARR
3356
PUT
Armour Residential REIT
ARR
$2.31B
| $7.07M | ﹤0.01% |
420,300
+24,000
| +6% | +$385K |
|
3357
CALL
Direxion Daily Technology Bear 3x ETF
TECS
$66.5M
| $7.06M | ﹤0.01% |
26,380
-3,190
| -11% | -$1.4M |
|
3358
Ryman Hospitality Properties
RHP
$8.92B
| $7.05M | ﹤0.01% |
71,451
+760
| +1% | +$71K |
|
3359
CALL
First Horizon
FHN
$11.7B
| $7.05M | ﹤0.01% |
332,500
+93,000
| +39% | +$1.77M |
|
3360
PUT
Comstock Resources
CRK
$4.2B
| $7.04M | ﹤0.01% |
254,500
+143,000
| +128% | +$3.26M |
|
3361
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $7.04M | ﹤0.01% |
87,912
-118,743
| -57% | -$8.56M |
|
3362
Astera Labs
ALAB
$50.2B
| $7.03M | ﹤0.01% |
77,800
+62,032
| +393% | +$4.9M |
|
3363
Terreno Realty
TRNO
$7.26B
| $7.03M | ﹤0.01% |
125,459
+882
| +0.7% | +$50.5K |
|
3364
Howard Hughes
HHH
$3.87B
| $7.03M | ﹤0.01% |
104,196
+40,445
| +63% | +$2.76M |
|
3365
CALL
Viking Holdings
VIK
$39.5B
| $7.03M | ﹤0.01% |
131,900
+1,800
| +1% | +$79.5K |
|
3366
Texas Capital Bancshares
TCBI
$4.29B
| $7.03M | ﹤0.01% |
88,509
-3,909
| -4% | -$280K |
|
3367
InterDigital
IDCC
$8.65B
| $7.02M | ﹤0.01% |
31,295
-1,571
| -5% | -$333K |
|
3368
PUT
Rapid7
RPD
$896M
| $7.01M | ﹤0.01% |
303,200
+181,900
| +150% | +$4.31M |
|
3369
Public Storage
PSA
$58.5B
| $7.01M | ﹤0.01% |
23,896
+7,280
| +44% | +$2.16M |
|
3370
Genuine Parts
GPC
$19B
| $7M | ﹤0.01% |
57,726
+30,159
| +109% | +$3.63M |
|
3371
PUT
Cytokinetics
CYTK
$10B
| $7M | ﹤0.01% |
211,900
-56,300
| -21% | -$1.96M |
|
|
LAZR
3372
CALL
DELISTED
Luminar Technologies
LAZR
| $7M | ﹤0.01% |
2,439,000
+40,100
| +2% | +$152K |
|
3373
iShares ESG Optimized MSCI USA ETF
SUSA
$4.14B
| $7M | ﹤0.01% |
55,226
+4,778
| +9% | +$563K |
|
3374
PUT
Halozyme
HALO
$12B
| $6.99M | ﹤0.01% |
134,400
+109,900
| +449% | +$6.25M |
|
3375
Q2 Holdings
QTWO
$4.06B
| $6.99M | ﹤0.01% |
74,686
-12,449
| -14% | -$1.05M |
|
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.