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 | |
|---|---|---|---|---|---|---|
3551
CALL
Otis Worldwide
OTIS
$27.3B
| $6.93M | ﹤0.01% |
79,300
-211,400
| -73% | -$18.9M |
|
|
CSGS
3552
DELISTED
CSG Systems International
CSGS
| $6.91M | ﹤0.01% |
90,114
+46,299
| +106% | +$3.42M |
|
3553
CALL
ScottsMiracle-Gro
SMG
$3.52B
| $6.91M | ﹤0.01% |
118,400
+5,100
| +5% | +$286K |
|
3554
PUT
Dycom Industries
DY
$8.88B
| $6.89M | ﹤0.01% |
20,400
+6,500
| +47% | +$2.05M |
|
3555
PUT
Silicon Motion
SIMO
$8.33B
| $6.89M | ﹤0.01% |
74,300
-50,100
| -40% | -$4.6M |
|
3556
Ametek
AME
$54.2B
| $6.89M | ﹤0.01% |
33,541
+300
| +0.9% | +$58.4K |
|
3557
Masco
MAS
$14.4B
| $6.89M | ﹤0.01% |
108,498
+18,559
| +21% | +$1.2M |
|
|
FRMI
3558
Fermi Inc
FRMI
$3.2B
| $6.88M | ﹤0.01% |
+859,942
| New | +$16.8M |
|
|
DAWN
3559
DELISTED
Day One Biopharmaceuticals
DAWN
| $6.87M | ﹤0.01% |
737,660
+708,806
| +2,457% | +$5.92M |
|
3560
NewAmsterdam Pharma
NAMS
$3.1B
| $6.86M | ﹤0.01% |
195,635
+43,798
| +29% | +$1.59M |
|
3561
CALL
OSI Systems
OSIS
$3.29B
| $6.86M | ﹤0.01% |
26,900
+300
| +1% | +$78.4K |
|
3562
PUT
UWM Holdings
UWMC
$2.39B
| $6.86M | ﹤0.01% |
1,565,700
+1,025,200
| +190% | +$5.51M |
|
3563
CALL
iShares MSCI Turkey ETF
TUR
$225M
| $6.85M | ﹤0.01% |
199,000
+161,900
| +436% | +$5.48M |
|
3564
PUT
Universal Display
OLED
$3.81B
| $6.84M | ﹤0.01% |
58,600
-22,600
| -28% | -$2.93M |
|
3565
Laureate Education
LAUR
$5.34B
| $6.83M | ﹤0.01% |
202,955
-53,559
| -21% | -$1.65M |
|
3566
Iron Mountain
IRM
$35B
| $6.82M | ﹤0.01% |
82,195
+14,952
| +22% | +$1.4M |
|
3567
CALL
Winnebago Industries
WGO
$865M
| $6.82M | ﹤0.01% |
168,200
+126,200
| +300% | +$4.6M |
|
3568
Forward Air
FWRD
$574M
| $6.8M | ﹤0.01% |
272,123
+46,495
| +21% | +$1.05M |
|
3569
PUT
Carpenter Technology
CRS
$23.6B
| $6.8M | ﹤0.01% |
21,600
-27,700
| -56% | -$8.33M |
|
3570
PUT
Zebra Technologies
ZBRA
$16.9B
| $6.8M | ﹤0.01% |
28,000
+6,100
| +28% | +$1.63M |
|
|
3571
PUT
Ametek
AME
$54.2B
| $6.8M | ﹤0.01% |
33,100
+31,500
| +1,969% | +$6.13M |
|
3572
PUT
Richtech Robotics
RR
$412M
| $6.79M | ﹤0.01% |
2,101,400
+310,500
| +17% | +$1.37M |
|
3573
Thomson Reuters
TRI
$46B
| $6.79M | ﹤0.01% |
50,663
-185,529
| -79% | -$26.9M |
|
3574
CALL
A.O. Smith
AOS
$8.21B
| $6.77M | ﹤0.01% |
101,300
+7,300
| +8% | +$493K |
|
3575
QuantumScape Corp
QS
$3.45B
| $6.76M | ﹤0.01% |
648,752
-733,368
| -53% | -$10.1M |
|
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.