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 | |
|---|---|---|---|---|---|---|
3501
Weibo
WB
$1.72B
| $6.54M | ﹤0.01% |
686,276
-522,669
| -43% | -$4.59M |
|
3502
CALL
IAMGOLD
IAG
$11.8B
| $6.54M | ﹤0.01% |
889,700
+181,000
| +26% | +$1.27M |
|
3503
Piper Sandler
PIPR
$5.34B
| $6.54M | ﹤0.01% |
94,104
+7,628
| +9% | +$475K |
|
3504
Harrow
HROW
$1.4B
| $6.53M | ﹤0.01% |
213,909
+8,595
| +4% | +$231K |
|
|
WCC
3505
WESCO International
WCC
$16.4B
| $6.53M | ﹤0.01% |
35,273
+16,017
| +83% | +$2.64M |
|
|
HNGE
3506
PUT
Hinge Health
HNGE
$7.05B
| $6.53M | ﹤0.01% |
+126,200
| New | +$5.1M |
|
3507
ICICI Bank
IBN
$107B
| $6.52M | ﹤0.01% |
193,883
-329,287
| -63% | -$10.9M |
|
3508
PUT
Alerian MLP ETF
AMLP
$13.4B
| $6.5M | ﹤0.01% |
133,000
-186,500
| -58% | -$9.04M |
|
3509
ESCO Technologies
ESE
$7.18B
| $6.5M | ﹤0.01% |
33,856
+2,416
| +8% | +$413K |
|
3510
ACM Research
ACMR
$5.18B
| $6.48M | ﹤0.01% |
250,374
-194,381
| -44% | -$4.37M |
|
3511
PUT
OSI Systems
OSIS
$3.29B
| $6.48M | ﹤0.01% |
28,800
+2,900
| +11% | +$619K |
|
3512
FirstCash
FCFS
$9.51B
| $6.47M | ﹤0.01% |
47,863
+1,677
| +4% | +$215K |
|
3513
TeraWulf
WULF
$7.66B
| $6.47M | ﹤0.01% |
1,476,276
+1,149,687
| +352% | +$3.93M |
|
|
XIFR
3514
CALL
XPLR Infrastructure LP
XIFR
$1.11B
| $6.46M | ﹤0.01% |
788,400
-114,600
| -13% | -$995K |
|
3515
IES Holdings
IESC
$12.3B
| $6.46M | ﹤0.01% |
43,584
-10,836
| -20% | -$1.28M |
|
3516
CALL
Fidelity MSCI Information Technology Index ETF
FTEC
$21.1B
| $6.45M | ﹤0.01% |
32,700
+19,700
| +152% | +$3.41M |
|
3517
Otis Worldwide
OTIS
$27.3B
| $6.45M | ﹤0.01% |
65,122
+30,725
| +89% | +$2.97M |
|
|
WBS
3518
CALL
DELISTED
Webster Financial
WBS
| $6.45M | ﹤0.01% |
118,100
+47,500
| +67% | +$2.37M |
|
3519
Interactive Brokers
IBKR
$43.4B
| $6.45M | ﹤0.01% |
116,353
-438,719
| -79% | -$20.8M |
|
3520
CALL
Glaukos
GKOS
$10.6B
| $6.45M | ﹤0.01% |
62,400
+5,500
| +10% | +$516K |
|
3521
NetApp
NTAP
$36.7B
| $6.44M | ﹤0.01% |
60,469
+17,157
| +40% | +$1.63M |
|
|
SFBS
3522
ServisFirst Bancshares
SFBS
$4.72B
| $6.44M | ﹤0.01% |
166,190
+1,444
| +0.9% | +$53.3K |
|
3523
CALL
CVR Energy
CVI
$4.2B
| $6.44M | ﹤0.01% |
239,800
-18,300
| -7% | -$403K |
|
3524
Celanese
CE
$4.94B
| $6.44M | ﹤0.01% |
116,305
-97,197
| -46% | -$4.84M |
|
3525
PPG Industries
PPG
$25.4B
| $6.43M | ﹤0.01% |
56,549
+22,730
| +67% | +$2.46M |
|
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.