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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.93% |
| 2 | Communication Services | 0.62% |
| 3 | Consumer Discretionary | 0.62% |
| 4 | Industrials | 0.48% |
| 5 | Healthcare | 0.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
PUT
Ciena
CIEN
$56B
| $468M | 0.04% |
953,700
+404,000
| +73% | +$206M |
|
327
PUT
McDonald's
MCD
$192B
| $465M | 0.04% |
1,721,700
+377,400
| +28% | +$108M |
|
328
PUT
SoFi Technologies
SOFI
$24.4B
| $463M | 0.04% |
25,846,200
-1,672,000
| -6% | -$28.3M |
|
|
CBRS
329
CALL
Cerebras Systems
CBRS
$46.6B
| $463M | 0.04% |
+2,094,000
| New | +$493M |
|
330
CALL
Celestica
CLS
$37.4B
| $461M | 0.04% |
1,263,700
-174,700
| -12% | -$65.6M |
|
331
PUT
Merck
MRK
$376B
| $456M | 0.04% |
3,551,600
+337,200
| +10% | +$39.5M |
|
332
CALL
Occidental Petroleum
OXY
$61.3B
| $456M | 0.04% |
9,391,800
-2,987,700
| -24% | -$170M |
|
333
PUT
American Express
AXP
$227B
| $456M | 0.04% |
1,347,200
-106,200
| -7% | -$34M |
|
334
PUT
Verizon
VZ
$205B
| $451M | 0.04% |
10,641,100
+788,800
| +8% | +$37M |
|
335
CALL
Starbucks
SBUX
$122B
| $450M | 0.04% |
4,405,400
-1,445,700
| -25% | -$146M |
|
336
Applied Materials
AMAT
$391B
| $448M | 0.03% |
619,519
+211,742
| +52% | +$97.7M |
|
337
PUT
Deere & Co
DE
$175B
| $447M | 0.03% |
705,400
+181,900
| +35% | +$105M |
|
338
CALL
Hilton Worldwide
HLT
$73.5B
| $446M | 0.03% |
1,350,300
+239,500
| +22% | +$78.7M |
|
339
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $443M | 0.03% |
2,793,000
+858,700
| +44% | +$128M |
|
|
340
PUT
Starbucks
SBUX
$122B
| $443M | 0.03% |
4,333,200
-591,500
| -12% | -$59.6M |
|
341
CALL
Nokia
NOK
$57B
| $442M | 0.03% |
33,276,700
+27,317,300
| +458% | +$352M |
|
342
Vanguard S&P 500 ETF
VOO
$1.02T
| $442M | 0.03% |
643,313
+233,186
| +57% | +$155M |
|
343
PUT
Procter & Gamble
PG
$336B
| $439M | 0.03% |
2,995,100
+693,900
| +30% | +$101M |
|
344
CALL
Charter Communications
CHTR
$17.9B
| $437M | 0.03% |
3,071,400
+1,560,800
| +103% | +$260M |
|
345
Shopify
SHOP
$192B
| $435M | 0.03% |
3,812,940
+1,558,887
| +69% | +$178M |
|
346
CALL
RTX Corp
RTX
$283B
| $433M | 0.03% |
2,284,000
-632,000
| -22% | -$116M |
|
347
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $433M | 0.03% |
693,900
+86,100
| +14% | +$58.6M |
|
348
PUT
Chevron
CVX
$403B
| $430M | 0.03% |
2,591,300
-833,600
| -24% | -$155M |
|
349
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $428M | 0.03% |
3,926,364
-1,506,210
| -28% | -$164M |
|
350
PUT
Super Micro Computer
SMCI
$24.1B
| $427M | 0.03% |
14,560,900
+310,700
| +2% | +$9.9M |
|
Similar funds
Jeff Yass's Q2 2026 Portfolio in Review
As of Q2 2026, Jeff Yass held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $142B of net new capital in Q2 2026, opening 1,956 new positions and adding to 5,793 existing holdings. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, up from 2% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.78B trimmed.
- Jeff Yass's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Jeff Yass's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Jeff Yass's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Jeff Yass opened 1,956 new positions and closed 1,748 in Q2 2026.
- Jeff Yass's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.