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 | |
|---|---|---|---|---|---|---|
3601
Emcor
EME
$32.6B
| $6.19M | ﹤0.01% |
11,574
-4,381
| -27% | -$1.93M |
|
3602
CALL
MoonLake Immunotherapeutics
MLTX
$1.28B
| $6.18M | ﹤0.01% |
131,000
+64,200
| +96% | +$2.62M |
|
3603
CALL
Under Armour
UAA
$2.18B
| $6.18M | ﹤0.01% |
904,900
+657,900
| +266% | +$4.1M |
|
3604
VanEck Morningstar Wide Moat ETF
MOAT
$12.5B
| $6.17M | ﹤0.01% |
65,807
+23,348
| +55% | +$2.05M |
|
3605
Coherent
COHR
$54.7B
| $6.16M | ﹤0.01% |
69,066
-369,043
| -84% | -$26.6M |
|
3606
Franklin Electric
FELE
$4.45B
| $6.15M | ﹤0.01% |
68,570
+11,228
| +20% | +$985K |
|
3607
Avery Dennison
AVY
$13.5B
| $6.15M | ﹤0.01% |
35,060
+25,134
| +253% | +$4.41M |
|
3608
CarMax
KMX
$8.81B
| $6.15M | ﹤0.01% |
91,514
+42,579
| +87% | +$2.86M |
|
3609
Portland General Electric
POR
$5.83B
| $6.15M | ﹤0.01% |
151,334
+7,605
| +5% | +$319K |
|
3610
CALL
Nexstar Media Group
NXST
$5.65B
| $6.14M | ﹤0.01% |
35,500
-21,900
| -38% | -$3.59M |
|
3611
KB Home
KBH
$3.36B
| $6.13M | ﹤0.01% |
115,715
+5,169
| +5% | +$275K |
|
3612
iShares Global Energy ETF
IXC
$2.79B
| $6.13M | ﹤0.01% |
155,993
+61,814
| +66% | +$2.37M |
|
3613
CF Industries
CF
$19B
| $6.13M | ﹤0.01% |
66,602
+16,508
| +33% | +$1.41M |
|
3614
PUT
Dave & Buster's
PLAY
$327M
| $6.12M | ﹤0.01% |
203,600
+109,400
| +116% | +$2.47M |
|
3615
First Bancorp
FBP
$4.28B
| $6.12M | ﹤0.01% |
293,597
-5,353
| -2% | -$105K |
|
|
VOYG
3616
PUT
Voyager Technologies
VOYG
$2.09B
| $6.11M | ﹤0.01% |
+155,700
| New | +$7.42M |
|
3617
PUT
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.59B
| $6.11M | ﹤0.01% |
73,900
+53,200
| +257% | +$4.18M |
|
3618
CALL
Direxion Daily AMZN Bull 2X ETF
AMZU
$304M
| $6.1M | ﹤0.01% |
166,400
+36,400
| +28% | +$1.12M |
|
|
ETNB
3619
PUT
DELISTED
89bio
ETNB
| $6.08M | ﹤0.01% |
619,600
+539,900
| +677% | +$4.47M |
|
3620
CALL
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.7B
| $6.08M | ﹤0.01% |
80,500
+8,800
| +12% | +$604K |
|
3621
Sysco
SYY
$39.3B
| $6.08M | ﹤0.01% |
80,236
+3,474
| +5% | +$252K |
|
3622
iShares Intermediate Government/Credit Bond ETF
GVI
$3.81B
| $6.07M | ﹤0.01% |
56,802
+46,482
| +450% | +$4.92M |
|
3623
Alexandria Real Estate Equities
ARE
$8.87B
| $6.06M | ﹤0.01% |
83,499
-5,720
| -6% | -$425K |
|
3624
Advanced Energy
AEIS
$10.9B
| $6.06M | ﹤0.01% |
45,741
-3,413
| -7% | -$376K |
|
3625
CALL
Teladoc Health
TDOC
$1.18B
| $6.06M | ﹤0.01% |
695,500
-829,200
| -54% | -$6.01M |
|
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.