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 | |
|---|---|---|---|---|---|---|
3501
PUT
Genuine Parts
GPC
$19B
| $7.13M | ﹤0.01% |
58,000
-12,500
| -18% | -$1.62M |
|
3502
CALL
BellRing Brands
BRBR
$1.24B
| $7.13M | ﹤0.01% |
266,700
-200
| -0.1% | -$6.21K |
|
3503
PUT
Klaviyo
KVYO
$5.74B
| $7.12M | ﹤0.01% |
219,400
+75,500
| +52% | +$2.11M |
|
3504
Sysco
SYY
$39.3B
| $7.12M | ﹤0.01% |
96,612
-57,490
| -37% | -$4.37M |
|
|
ROBN
3505
CALL
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$129M
| $7.11M | ﹤0.01% |
131,400
-87,500
| -40% | -$7.22M |
|
3506
CALL
Cheesecake Factory
CAKE
$5.58B
| $7.11M | ﹤0.01% |
140,800
+60,700
| +76% | +$3.04M |
|
3507
CALL
Scotiabank
BNS
$113B
| $7.1M | ﹤0.01% |
96,300
-26,900
| -22% | -$1.83M |
|
|
NAK
3508
CALL
Northern Dynasty Minerals
NAK
$944M
| $7.1M | ﹤0.01% |
3,601,600
+2,158,700
| +150% | +$4.17M |
|
3509
MGM Resorts International
MGM
$10.6B
| $7.09M | ﹤0.01% |
194,413
-58,851
| -23% | -$2M |
|
3510
Wendy's
WEN
$1.58B
| $7.09M | ﹤0.01% |
851,545
+230,653
| +37% | +$1.99M |
|
3511
Birkenstock
BIRK
$5.89B
| $7.09M | ﹤0.01% |
173,372
-89,652
| -34% | -$3.8M |
|
3512
PUT
The GEO Group
GEO
$4.25B
| $7.08M | ﹤0.01% |
439,300
-532,000
| -55% | -$8.87M |
|
3513
Life Time Group Holdings
LTH
$9.72B
| $7.08M | ﹤0.01% |
266,358
-108,342
| -29% | -$2.82M |
|
3514
PUT
CenterPoint Energy
CNP
$25.8B
| $7.07M | ﹤0.01% |
184,400
-186,300
| -50% | -$7.26M |
|
3515
CALL
Brown & Brown
BRO
$24.5B
| $7.07M | ﹤0.01% |
88,700
+11,500
| +15% | +$960K |
|
|
SEI
3516
PUT
Solaris Energy Infrastructure
SEI
$3.28B
| $7.07M | ﹤0.01% |
153,700
-79,700
| -34% | -$3.86M |
|
3517
PUT
Weyerhaeuser
WY
$17B
| $7.06M | ﹤0.01% |
298,100
+93,300
| +46% | +$2.16M |
|
3518
Vanguard Russell 3000 ETF
VTHR
$4.82B
| $7.06M | ﹤0.01% |
23,513
+15,889
| +208% | +$4.74M |
|
3519
PUT
NewAmsterdam Pharma
NAMS
$3.1B
| $7.06M | ﹤0.01% |
201,300
+63,500
| +46% | +$2.31M |
|
3520
Wolfspeed
WOLF
$1.34B
| $7.06M | ﹤0.01% |
405,471
+397,665
| +5,094% | +$9.12M |
|
3521
CALL
Yeti Holdings
YETI
$3.03B
| $7.05M | ﹤0.01% |
159,700
-40,800
| -20% | -$1.57M |
|
3522
Northern Trust
NTRS
$34.2B
| $7.05M | ﹤0.01% |
51,640
-35,009
| -40% | -$4.6M |
|
3523
CALL
Redwire
RDW
$2.72B
| $7.05M | ﹤0.01% |
927,200
+602,300
| +185% | +$4.42M |
|
3524
CALL
LegalZoom.com
LZ
$1.05B
| $7.05M | ﹤0.01% |
709,500
+121,000
| +21% | +$1.2M |
|
3525
PUT
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.92B
| $7.04M | ﹤0.01% |
61,400
+3,400
| +6% | +$392K |
|
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.