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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
CALL
Delta Air Lines
DAL
$54.2B
| $391M | 0.04% |
6,891,800
+911,600
| +15% | +$52M |
|
327
TSMC
TSM
$2.17T
| $391M | 0.04% |
1,399,275
+541,546
| +63% | +$132M |
|
328
CALL
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.74B
| $390M | 0.04% |
12,500,100
+3,088,500
| +33% | +$86.3M |
|
|
TEM
329
PUT
Tempus AI
TEM
$13.1B
| $389M | 0.04% |
4,816,100
+1,490,900
| +45% | +$104M |
|
330
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $388M | 0.04% |
4,775,300
+716,600
| +18% | +$57.7M |
|
331
PUT
Western Digital
WDC
$166B
| $385M | 0.04% |
3,206,500
+1,766,500
| +123% | +$144M |
|
332
PUT
Amgen
AMGN
$238B
| $384M | 0.04% |
1,360,100
-721,800
| -35% | -$209M |
|
333
CALL
Cloudflare
NET
$104B
| $383M | 0.04% |
1,786,800
-112,100
| -6% | -$22.9M |
|
|
NVO
334
PUT
Novo Nordisk
NVO
$207B
| $382M | 0.04% |
6,886,800
+1,096,500
| +19% | +$64.2M |
|
335
PUT
JD.com
JD
$39.7B
| $381M | 0.04% |
10,892,400
+3,451,100
| +46% | +$112M |
|
336
Advanced Micro Devices
AMD
$773B
| $381M | 0.04% |
2,354,052
+748,040
| +47% | +$121M |
|
|
NVO
337
CALL
Novo Nordisk
NVO
$207B
| $378M | 0.04% |
6,819,900
+4,614,500
| +209% | +$270M |
|
338
PUT
American Express
AXP
$227B
| $377M | 0.04% |
1,134,700
+105,400
| +10% | +$33.5M |
|
339
PUT
Occidental Petroleum
OXY
$61.3B
| $376M | 0.04% |
7,948,500
+944,800
| +13% | +$42.7M |
|
340
PUT
Futu Holdings
FUTU
$17.3B
| $371M | 0.04% |
2,134,600
+868,000
| +69% | +$144M |
|
341
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $370M | 0.04% |
658,300
-62,000
| -9% | -$35.1M |
|
342
CALL
KLA
KLAC
$240B
| $369M | 0.04% |
3,418,000
+837,000
| +32% | +$78.1M |
|
343
PUT
Starbucks
SBUX
$122B
| $367M | 0.04% |
4,339,800
+900,600
| +26% | +$80.6M |
|
344
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $367M | 0.04% |
8,418,200
+707,600
| +9% | +$29.9M |
|
345
CALL
Zscaler
ZS
$29.4B
| $367M | 0.04% |
1,223,800
-298,800
| -20% | -$85.2M |
|
|
346
CALL
Western Digital
WDC
$166B
| $366M | 0.04% |
3,046,800
+493,700
| +19% | +$40.3M |
|
347
CALL
Alnylam Pharmaceuticals
ALNY
$31.6B
| $365M | 0.04% |
801,200
+598,400
| +295% | +$244M |
|
348
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $364M | 0.04% |
595,100
+153,900
| +35% | +$90.7M |
|
349
PUT
Capital One
COF
$134B
| $362M | 0.04% |
1,701,100
-177,900
| -9% | -$38.9M |
|
350
CALL
AT&T
T
$173B
| $361M | 0.04% |
12,784,500
-255,400
| -2% | -$7.25M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.