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 | |
|---|---|---|---|---|---|---|
3401
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.43B
| $7.64M | ﹤0.01% |
28,374
+15,277
| +117% | +$4.19M |
|
3402
CALL
Array Technologies
ARRY
$707M
| $7.63M | ﹤0.01% |
827,700
-193,300
| -19% | -$1.66M |
|
|
WAY
3403
Waystar Holding Corp
WAY
$5.03B
| $7.63M | ﹤0.01% |
233,002
-53,541
| -19% | -$1.91M |
|
3404
CALL
Aramark
ARMK
$15.3B
| $7.63M | ﹤0.01% |
207,000
-114,400
| -36% | -$4.36M |
|
3405
nVent Electric
NVT
$24B
| $7.63M | ﹤0.01% |
74,823
+36,101
| +93% | +$3.75M |
|
3406
CALL
Schwab US Broad Market ETF
SCHB
$44.7B
| $7.61M | ﹤0.01% |
290,000
+105,800
| +57% | +$2.75M |
|
3407
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.6B
| $7.59M | ﹤0.01% |
27,200
+13,400
| +97% | +$3.84M |
|
3408
CALL
Ventas
VTR
$47.1B
| $7.59M | ﹤0.01% |
98,100
+5,100
| +5% | +$385K |
|
3409
PUT
State Street SPDR S&P Insurance ETF
KIE
$709M
| $7.59M | ﹤0.01% |
126,200
-700
| -0.6% | -$41.2K |
|
|
NGD
3410
PUT
DELISTED
New Gold Inc
NGD
| $7.59M | ﹤0.01% |
871,400
+561,300
| +181% | +$4.23M |
|
3411
CALL
FIGS
FIGS
$2.56B
| $7.59M | ﹤0.01% |
668,100
+367,800
| +122% | +$3.45M |
|
3412
Sprouts Farmers Market
SFM
$7.6B
| $7.58M | ﹤0.01% |
95,176
+34,615
| +57% | +$3.11M |
|
3413
CALL
State Street SPDR S&P Dividend ETF
SDY
$22B
| $7.57M | ﹤0.01% |
54,400
+9,600
| +21% | +$1.34M |
|
3414
First Trust Technology AlphaDEX Fund
FXL
$2.76B
| $7.57M | ﹤0.01% |
44,977
+31,812
| +242% | +$5.39M |
|
|
ETH
3415
PUT
Grayscale Ethereum Staking Mini ETF Shares
ETH
$2.05B
| $7.56M | ﹤0.01% |
269,400
-371,100
| -58% | -$12.1M |
|
3416
Clear Channel Outdoor Holdings
CCO
$1.19B
| $7.56M | ﹤0.01% |
3,419,511
+1,717,861
| +101% | +$3.19M |
|
3417
Stride
LRN
$3.61B
| $7.55M | ﹤0.01% |
116,335
+107,562
| +1,226% | +$9.77M |
|
3418
Nutanix
NTNX
$18.7B
| $7.55M | ﹤0.01% |
146,129
+138,733
| +1,876% | +$8.48M |
|
3419
PUT
Boot Barn
BOOT
$4.69B
| $7.55M | ﹤0.01% |
42,800
+5,400
| +14% | +$1.01M |
|
|
KEEL
3420
PUT
Keel Infrastructure Corp
KEEL
$1.99B
| $7.55M | ﹤0.01% |
3,213,300
+346,100
| +12% | +$1.18M |
|
3421
CALL
Olin
OLN
$1.95B
| $7.55M | ﹤0.01% |
362,500
+230,400
| +174% | +$4.97M |
|
|
RSSL
3422
Global X Russell 2000 ETF
RSSL
$1.51B
| $7.55M | ﹤0.01% |
78,152
+52,205
| +201% | +$5.04M |
|
3423
T. Rowe Price
TROW
$23.7B
| $7.54M | ﹤0.01% |
73,656
+11,340
| +18% | +$1.17M |
|
|
THS
3424
PUT
DELISTED
Treehouse Foods
THS
| $7.53M | ﹤0.01% |
319,100
+304,900
| +2,147% | +$6.65M |
|
3425
Euronet Worldwide
EEFT
$2.62B
| $7.53M | ﹤0.01% |
98,893
+64,806
| +190% | +$5.05M |
|
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.