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 | |
|---|---|---|---|---|---|---|
3426
PUT
XPO
XPO
$22.1B
| $6.82M | ﹤0.01% |
54,000
+27,900
| +107% | +$3.13M |
|
3427
Warrior Met Coal
HCC
$5.65B
| $6.82M | ﹤0.01% |
148,795
+60,058
| +68% | +$2.79M |
|
3428
East-West Bancorp
EWBC
$17.7B
| $6.82M | ﹤0.01% |
67,529
-33,349
| -33% | -$2.95M |
|
3429
Evercore
EVR
$11.2B
| $6.82M | ﹤0.01% |
25,246
+3,682
| +17% | +$810K |
|
3430
PUT
Banc of California
BANC
$2.95B
| $6.81M | ﹤0.01% |
484,900
+330,500
| +214% | +$4.5M |
|
3431
PUT
Trex
TREX
$4.66B
| $6.8M | ﹤0.01% |
125,000
+104,400
| +507% | +$5.92M |
|
3432
CALL
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$181M
| $6.79M | ﹤0.01% |
148,500
+91,800
| +162% | +$3.06M |
|
3433
CALL
iShares US Transportation ETF
IYT
$2.26B
| $6.79M | ﹤0.01% |
99,100
+82,200
| +486% | +$5.24M |
|
3434
CALL
CVR Partners
UAN
$1.32B
| $6.79M | ﹤0.01% |
76,400
+4,200
| +6% | +$338K |
|
3435
BlackRock US Equity Factor Rotation ETF
DYNF
$41.2B
| $6.78M | ﹤0.01% |
124,566
+107,524
| +631% | +$5.39M |
|
3436
Universal Health Services
UHS
$10.1B
| $6.78M | ﹤0.01% |
37,431
+20,344
| +119% | +$3.67M |
|
3437
InMode
INMD
$855M
| $6.78M | ﹤0.01% |
469,492
+340,433
| +264% | +$4.99M |
|
3438
Matador Resources
MTDR
$6.98B
| $6.78M | ﹤0.01% |
142,065
-53,742
| -27% | -$2.37M |
|
3439
Ingersoll Rand
IR
$30.5B
| $6.78M | ﹤0.01% |
81,456
+48,537
| +147% | +$3.82M |
|
|
ARR
3440
CALL
Armour Residential REIT
ARR
$2.31B
| $6.77M | ﹤0.01% |
402,900
-151,300
| -27% | -$2.43M |
|
3441
Qualys
QLYS
$6.47B
| $6.77M | ﹤0.01% |
47,401
-473
| -1% | -$62.6K |
|
|
CHX
3442
DELISTED
ChampionX
CHX
| $6.77M | ﹤0.01% |
272,617
+32,784
| +14% | +$825K |
|
3443
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.21B
| $6.77M | ﹤0.01% |
+141,513
| New | +$6.66M |
|
3444
Brighthouse Financial
BHF
$3.05B
| $6.76M | ﹤0.01% |
125,812
+114,616
| +1,024% | +$6.44M |
|
|
VTLE
3445
PUT
DELISTED
Vital Energy
VTLE
| $6.76M | ﹤0.01% |
420,300
+19,000
| +5% | +$311K |
|
|
MOMO
3446
PUT
Hello Group
MOMO
$845M
| $6.76M | ﹤0.01% |
801,200
+178,800
| +29% | +$1.17M |
|
3447
CALL
J&J Snack Foods
JJSF
$1.67B
| $6.76M | ﹤0.01% |
59,600
+600
| +1% | +$72.9K |
|
3448
PUT
ProShares UltraShort S&P500
SDS
$393M
| $6.75M | ﹤0.01% |
81,140
-3,140
| -4% | -$312K |
|
|
SMCX
3449
Defiance Daily Target 2X Long SMCI ETF
SMCX
$168M
| $6.75M | ﹤0.01% |
68,328
+43,970
| +181% | +$3.05M |
|
3450
Galicia Financial Group
GGAL
$6.78B
| $6.75M | ﹤0.01% |
134,045
+87,359
| +187% | +$5M |
|
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.