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 | |
|---|---|---|---|---|---|---|
3401
CALL
KULR Technology Group
KULR
$119M
| $6.9M | ﹤0.01% |
967,600
+738,387
| +322% | +$7M |
|
3402
PUT
Unum
UNM
$14.7B
| $6.9M | ﹤0.01% |
85,400
-38,200
| -31% | -$3.02M |
|
3403
Kinetik
KNTK
$4.33B
| $6.89M | ﹤0.01% |
156,403
-964
| -0.6% | -$42.3K |
|
3404
CALL
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.38B
| $6.89M | ﹤0.01% |
166,300
-25,200
| -13% | -$1.03M |
|
3405
Symbotic
SYM
$5.18B
| $6.89M | ﹤0.01% |
+177,232
| New | +$4.64M |
|
3406
Hartford Financial Services
HIG
$37.5B
| $6.88M | ﹤0.01% |
54,258
-16,715
| -24% | -$2.08M |
|
|
GAP
3407
The Gap Inc
GAP
$8.45B
| $6.88M | ﹤0.01% |
315,429
-215,877
| -41% | -$4.82M |
|
3408
Fluence Energy
FLNC
$1.56B
| $6.87M | ﹤0.01% |
1,024,390
+637,441
| +165% | +$3.04M |
|
3409
Lincoln National
LNC
$8.29B
| $6.87M | ﹤0.01% |
198,589
+152,787
| +334% | +$5M |
|
3410
CALL
Carlisle Companies
CSL
$14.2B
| $6.87M | ﹤0.01% |
18,400
+2,200
| +14% | +$817K |
|
3411
Planet Labs
PL
$7.12B
| $6.87M | ﹤0.01% |
1,125,579
+476,445
| +73% | +$1.95M |
|
3412
PUT
Patterson-UTI
PTEN
$4.74B
| $6.87M | ﹤0.01% |
1,157,800
+33,100
| +3% | +$199K |
|
3413
Vital Farms
VITL
$463M
| $6.86M | ﹤0.01% |
178,199
+127,849
| +254% | +$4.32M |
|
3414
PUT
Kyndryl
KD
$2.88B
| $6.86M | ﹤0.01% |
163,400
-299,900
| -65% | -$10.8M |
|
3415
PUT
Trupanion
TRUP
$1.3B
| $6.85M | ﹤0.01% |
123,800
-40,600
| -25% | -$1.8M |
|
3416
CALL
PBF Energy
PBF
$8.45B
| $6.85M | ﹤0.01% |
316,200
+51,100
| +19% | +$971K |
|
3417
CALL
Saia
SAIA
$9.37B
| $6.85M | ﹤0.01% |
25,000
+13,600
| +119% | +$3.88M |
|
3418
Zurn Elkay Water Solutions
ZWS
$7.97B
| $6.84M | ﹤0.01% |
187,167
+14,625
| +8% | +$503K |
|
|
MOMO
3419
CALL
Hello Group
MOMO
$845M
| $6.84M | ﹤0.01% |
810,800
+560,800
| +224% | +$3.67M |
|
3420
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $6.84M | ﹤0.01% |
+86,061
| New | +$6.78M |
|
|
SNV
3421
DELISTED
Synovus
SNV
| $6.84M | ﹤0.01% |
132,146
-42,099
| -24% | -$1.93M |
|
3422
IDEX
IEX
$17B
| $6.83M | ﹤0.01% |
38,930
+32,928
| +549% | +$5.84M |
|
3423
iShares US Aerospace & Defense ETF
ITA
$14B
| $6.83M | ﹤0.01% |
36,223
-41,269
| -53% | -$6.85M |
|
3424
Revolution Medicines
RVMD
$44.6B
| $6.83M | ﹤0.01% |
185,669
-58,384
| -24% | -$2.24M |
|
3425
PUT
Jazz Pharmaceuticals
JAZZ
$15.9B
| $6.82M | ﹤0.01% |
64,300
+7,500
| +13% | +$815K |
|
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.