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 | |
|---|---|---|---|---|---|---|
3451
Teladoc Health
TDOC
$1.18B
| $7.43M | ﹤0.01% |
1,061,468
-449,643
| -30% | -$3.52M |
|
3452
Principal Financial Group
PFG
$23.9B
| $7.43M | ﹤0.01% |
84,176
-4,361
| -5% | -$368K |
|
3453
CALL
Goodyear
GT
$1.83B
| $7.42M | ﹤0.01% |
847,100
+309,100
| +57% | +$2.44M |
|
3454
CALL
Medpace
MEDP
$16.8B
| $7.41M | ﹤0.01% |
13,200
-17,900
| -58% | -$10.2M |
|
3455
Lionsgate Studios
LION
$3.39B
| $7.41M | ﹤0.01% |
811,847
+295,594
| +57% | +$2.1M |
|
3456
CALL
Northern Oil and Gas
NOG
$2.74B
| $7.41M | ﹤0.01% |
345,100
+56,100
| +19% | +$1.26M |
|
3457
CALL
Wabtec
WAB
$49.4B
| $7.41M | ﹤0.01% |
34,700
-8,500
| -20% | -$1.75M |
|
3458
iShares Global Industrials ETF
EXI
$1.45B
| $7.4M | ﹤0.01% |
42,223
-18,712
| -31% | -$3.24M |
|
|
IAUX
3459
i-80 Gold Corp
IAUX
$1.6B
| $7.4M | ﹤0.01% |
5,069,181
+4,966,936
| +4,858% | +$5.65M |
|
3460
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$248M
| $7.39M | ﹤0.01% |
133,500
+2,300
| +2% | +$116K |
|
|
SEZL
3461
CALL
Sezzle
SEZL
$4.18B
| $7.39M | ﹤0.01% |
116,400
-46,500
| -29% | -$3.17M |
|
3462
PUT
WD-40
WDFC
$2.91B
| $7.38M | ﹤0.01% |
37,500
+25,700
| +218% | +$5.07M |
|
3463
YieldMax Ultra Option Income Strategy ETF
ULTY
$748M
| $7.38M | ﹤0.01% |
197,716
+117,827
| +147% | +$5.3M |
|
3464
CALL
Brighthouse Financial
BHF
$3.05B
| $7.35M | ﹤0.01% |
113,500
-867,400
| -88% | -$51M |
|
3465
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$332M
| $7.35M | ﹤0.01% |
284,986
+248,774
| +687% | +$6.66M |
|
3466
CALL
SBA Communications
SBAC
$20.3B
| $7.35M | ﹤0.01% |
38,000
-13,900
| -27% | -$2.69M |
|
3467
PUT
iShares US Technology ETF
IYW
$25.3B
| $7.35M | ﹤0.01% |
36,800
-23,400
| -39% | -$4.68M |
|
3468
CALL
Hudbay
HBM
$13B
| $7.34M | ﹤0.01% |
370,000
-159,800
| -30% | -$2.7M |
|
|
OPRA
3469
Opera Ltd
OPRA
$1.74B
| $7.33M | ﹤0.01% |
517,838
+382,645
| +283% | +$5.64M |
|
3470
CALL
Global X MSCI Argentina ETF
ARGT
$817M
| $7.33M | ﹤0.01% |
80,200
-21,600
| -21% | -$1.84M |
|
3471
Caesars Entertainment
CZR
$6.06B
| $7.33M | ﹤0.01% |
313,385
-169,880
| -35% | -$3.82M |
|
3472
CALL
ProShares VIX Short-Term Futures ETF
VIXY
$216M
| $7.32M | ﹤0.01% |
285,300
-36,300
| -11% | -$1.15M |
|
3473
CALL
Enova International
ENVA
$5.79B
| $7.31M | ﹤0.01% |
46,500
+25,300
| +119% | +$3.29M |
|
3474
Genuine Parts
GPC
$19B
| $7.3M | ﹤0.01% |
59,354
+37,311
| +169% | +$4.83M |
|
3475
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $7.3M | ﹤0.01% |
+127,447
| New | +$7.28M |
|
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.