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 | |
|---|---|---|---|---|---|---|
|
ONC
3576
CALL
BeOne Medicines Ltd
ONC
$41.5B
| $6.27M | ﹤0.01% |
25,900
-2,400
| -8% | -$589K |
|
3577
CALL
Madison Square Garden
MSGS
$9.38B
| $6.27M | ﹤0.01% |
30,000
-6,200
| -17% | -$1.19M |
|
3578
Altimmune
ALT
$605M
| $6.27M | ﹤0.01% |
1,619,747
+543,683
| +51% | +$2.94M |
|
|
SERV
3579
PUT
Serve Robotics
SERV
$436M
| $6.27M | ﹤0.01% |
547,800
-187,600
| -26% | -$1.65M |
|
3580
Zions Bancorporation
ZION
$9.89B
| $6.27M | ﹤0.01% |
120,654
-40,245
| -25% | -$1.89M |
|
3581
CNX Resources
CNX
$5.36B
| $6.27M | ﹤0.01% |
186,059
-26,669
| -13% | -$840K |
|
3582
PUT
Gaming and Leisure Properties
GLPI
$12.4B
| $6.26M | ﹤0.01% |
134,200
+113,100
| +536% | +$5.34M |
|
3583
State Street Ultra Short Term Bond ETF
ULST
$522M
| $6.26M | ﹤0.01% |
+153,912
| New | +$6.24M |
|
3584
CALL
Domo
DOMO
$182M
| $6.25M | ﹤0.01% |
447,200
+404,400
| +945% | +$4.07M |
|
|
FNGU
3585
MicroSectors FANG+ 3x Leveraged ETNs due Feb 17 2045
FNGU
$2.69B
| $6.25M | ﹤0.01% |
250,996
+232,092
| +1,228% | +$4.01M |
|
3586
PUT
Western Union
WU
$2.26B
| $6.24M | ﹤0.01% |
741,400
-29,600
| -4% | -$281K |
|
3587
CALL
Array Technologies
ARRY
$707M
| $6.24M | ﹤0.01% |
1,057,700
+432,100
| +69% | +$2.62M |
|
3588
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $6.24M | ﹤0.01% |
82,200
+42,700
| +108% | +$3.16M |
|
3589
PUT
Sharplink Inc
SBET
$1.78B
| $6.24M | ﹤0.01% |
+627,900
| New | +$8.51M |
|
3590
PUT
Harmony Gold Mining
HMY
$12.6B
| $6.23M | ﹤0.01% |
446,200
+167,000
| +60% | +$2.52M |
|
3591
CALL
Genworth Financial
GNW
$3.77B
| $6.23M | ﹤0.01% |
800,500
+289,900
| +57% | +$2.03M |
|
3592
CALL
Microvast
MVST
$278M
| $6.23M | ﹤0.01% |
1,715,200
+1,385,400
| +420% | +$4.05M |
|
3593
PUT
Sun Communities
SUI
$15B
| $6.22M | ﹤0.01% |
49,200
+14,100
| +40% | +$1.75M |
|
|
SA
3594
PUT
Seabridge Gold
SA
$3.49B
| $6.22M | ﹤0.01% |
428,500
+220,400
| +106% | +$2.8M |
|
3595
CALL
Axos Financial
AX
$5.55B
| $6.22M | ﹤0.01% |
81,800
+25,500
| +45% | +$1.72M |
|
3596
Direxion Daily AMZN Bull 2X ETF
AMZU
$304M
| $6.22M | ﹤0.01% |
169,604
+100,229
| +144% | +$3.1M |
|
3597
iShares MSCI USA Size Factor ETF
SIZE
$441M
| $6.22M | ﹤0.01% |
40,220
-7,298
| -15% | -$1.06M |
|
3598
BNY Mellon Core Bond ETF
BKAG
$2.26B
| $6.19M | ﹤0.01% |
146,851
+34,545
| +31% | +$1.44M |
|
3599
Western Digital
WDC
$166B
| $6.19M | ﹤0.01% |
96,772
-153,134
| -61% | -$7.29M |
|
3600
Palomar
PLMR
$3.46B
| $6.19M | ﹤0.01% |
40,138
+9,036
| +29% | +$1.4M |
|
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.