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 | |
|---|---|---|---|---|---|---|
3351
Avery Dennison
AVY
$13.5B
| $7.92M | ﹤0.01% |
43,527
+28,915
| +198% | +$5M |
|
3352
CALL
Arcutis Biotherapeutics
ARQT
$2.99B
| $7.91M | ﹤0.01% |
272,400
+139,200
| +105% | +$3.56M |
|
3353
Cracker Barrel
CBRL
$1.24B
| $7.91M | ﹤0.01% |
311,383
+157,996
| +103% | +$5.05M |
|
3354
CALL
BlackSky Technology
BKSY
$970M
| $7.91M | ﹤0.01% |
421,700
+222,300
| +111% | +$4.53M |
|
3355
Albertsons Companies
ACI
$6.08B
| $7.9M | ﹤0.01% |
460,347
+327,168
| +246% | +$5.83M |
|
3356
PUT
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.38B
| $7.9M | ﹤0.01% |
540,900
-148,200
| -22% | -$2.28M |
|
3357
MPLX
MPLX
$60.1B
| $7.9M | ﹤0.01% |
148,049
-192,121
| -56% | -$10M |
|
3358
PUT
Virgin Galactic
SPCE
$446M
| $7.9M | ﹤0.01% |
2,461,300
+1,141,000
| +86% | +$4.3M |
|
3359
Baxter International
BAX
$13.5B
| $7.9M | ﹤0.01% |
413,340
-616,248
| -60% | -$12.3M |
|
3360
PUT
Goodyear
GT
$1.83B
| $7.9M | ﹤0.01% |
901,700
-460,700
| -34% | -$3.63M |
|
3361
PUT
Western Midstream Partners
WES
$20B
| $7.89M | ﹤0.01% |
199,700
-155,300
| -44% | -$6.02M |
|
3362
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$358M
| $7.89M | ﹤0.01% |
72,700
-11,600
| -14% | -$1.25M |
|
3363
CALL
iShares Russell 2000 Growth ETF
IWO
$14.8B
| $7.88M | ﹤0.01% |
24,400
+9,200
| +61% | +$2.99M |
|
3364
CALL
Construction Partners
ROAD
$6.25B
| $7.88M | ﹤0.01% |
72,600
+28,600
| +65% | +$3.22M |
|
3365
CALL
East-West Bancorp
EWBC
$17.7B
| $7.88M | ﹤0.01% |
70,100
+8,400
| +14% | +$891K |
|
3366
Sprott Physical Gold and Silver Trust
CEF
$7.99B
| $7.87M | ﹤0.01% |
171,779
+48,747
| +40% | +$1.97M |
|
|
CTRA
3367
PUT
DELISTED
Coterra Energy
CTRA
| $7.86M | ﹤0.01% |
298,700
-143,600
| -32% | -$3.62M |
|
3368
L3Harris
LHX
$48.9B
| $7.86M | ﹤0.01% |
26,772
+8,042
| +43% | +$2.32M |
|
|
SUPV
3369
CALL
Grupo Supervielle
SUPV
$728M
| $7.85M | ﹤0.01% |
664,200
+396,300
| +148% | +$3.88M |
|
|
MRP
3370
CALL
Millrose Properties Inc
MRP
$5.08B
| $7.84M | ﹤0.01% |
262,400
-121,900
| -32% | -$3.82M |
|
3371
CALL
FIVE9
FIVN
$2.54B
| $7.83M | ﹤0.01% |
390,700
-130,500
| -25% | -$2.77M |
|
3372
CALL
Par Pacific Holdings
PARR
$3.95B
| $7.83M | ﹤0.01% |
222,800
-160,200
| -42% | -$6.37M |
|
3373
PUT
Ashland
ASH
$3.41B
| $7.83M | ﹤0.01% |
133,400
+127,200
| +2,052% | +$6.72M |
|
3374
CALL
Lamar Advertising Co
LAMR
$15.3B
| $7.82M | ﹤0.01% |
61,800
-49,100
| -44% | -$6.15M |
|
3375
Concentrix
CNXC
$1.79B
| $7.82M | ﹤0.01% |
188,005
+36,569
| +24% | +$1.48M |
|
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.