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 | |
|---|---|---|---|---|---|---|
3601
CALL
Nuvation Bio
NUVB
$2.34B
| $6.66M | ﹤0.01% |
743,000
+728,900
| +5,170% | +$4.52M |
|
3602
Schwab Fundamental International Small Company Index ETF
FNDC
$3.18B
| $6.65M | ﹤0.01% |
+149,188
| New | +$6.63M |
|
|
EFOR
3603
Everforth Inc
EFOR
$1.31B
| $6.65M | ﹤0.01% |
137,961
+74,868
| +119% | +$3.45M |
|
3604
CALL
NGL Energy Partners
NGL
$2.25B
| $6.64M | ﹤0.01% |
664,500
+316,900
| +91% | +$2.66M |
|
3605
CALL
Atmus Filtration Technologies
ATMU
$3.89B
| $6.64M | ﹤0.01% |
127,900
-3,900
| -3% | -$189K |
|
3606
First Trust Nasdaq Semiconductor ETF
FTXL
$1.24B
| $6.64M | ﹤0.01% |
51,230
+23,369
| +84% | +$2.89M |
|
3607
CALL
Evercore
EVR
$11.2B
| $6.63M | ﹤0.01% |
19,500
-18,700
| -49% | -$6.01M |
|
3608
Peloton Interactive
PTON
$2.39B
| $6.63M | ﹤0.01% |
1,076,026
-627,609
| -37% | -$4.42M |
|
|
PSIX
3609
CALL
Power Solutions International
PSIX
$837M
| $6.62M | ﹤0.01% |
115,900
-12,700
| -10% | -$906K |
|
3610
PUT
Polestar Automotive Holding UK
PSNY
$1.84B
| $6.61M | ﹤0.01% |
309,300
+288,457
| +1,384% | +$6.02M |
|
3611
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$113M
| $6.6M | ﹤0.01% |
284,700
+129,300
| +83% | +$2.7M |
|
3612
Immunovant
IMVT
$8.51B
| $6.59M | ﹤0.01% |
259,117
+14,893
| +6% | +$332K |
|
3613
CALL
T-REX 2X Long Tesla Daily Target ETF
TSLT
$164M
| $6.58M | ﹤0.01% |
246,400
-298,400
| -55% | -$8.1M |
|
3614
PUT
Vanguard Total International Stock ETF
VXUS
$163B
| $6.58M | ﹤0.01% |
87,200
+20,400
| +31% | +$1.52M |
|
3615
Fidelity National Information Services
FIS
$21.4B
| $6.57M | ﹤0.01% |
98,901
-274,649
| -74% | -$18.1M |
|
|
METU
3616
Direxion Daily META Bull 2X ETF
METU
$477M
| $6.57M | ﹤0.01% |
204,639
-37,314
| -15% | -$1.28M |
|
|
LBRDA
3617
CALL
DELISTED
Liberty Broadband Class A
LBRDA
| $6.57M | ﹤0.01% |
136,100
-500
| -0.4% | -$25.9K |
|
3618
CALL
PagSeguro Digital
PAGS
$2.45B
| $6.57M | ﹤0.01% |
681,500
-448,000
| -40% | -$4.3M |
|
3619
Eversource Energy
ES
$26.7B
| $6.57M | ﹤0.01% |
97,540
-87,171
| -47% | -$6.12M |
|
3620
CALL
Axos Financial
AX
$5.55B
| $6.56M | ﹤0.01% |
76,100
-900
| -1% | -$74.1K |
|
3621
PUT
Novavax
NVAX
$1.53B
| $6.55M | ﹤0.01% |
974,200
-340,400
| -26% | -$2.57M |
|
3622
CALL
LKQ Corp
LKQ
$6.46B
| $6.53M | ﹤0.01% |
216,200
+70,600
| +48% | +$2.13M |
|
3623
CMS Energy
CMS
$21.4B
| $6.53M | ﹤0.01% |
93,323
+57,074
| +157% | +$4.15M |
|
|
SOLS
3624
PUT
Solstice Advanced Materials
SOLS
$10.1B
| $6.52M | ﹤0.01% |
+134,300
| New | +$6.32M |
|
|
PCRB
3625
DELISTED
Putnam ESG Core Bond ETF
PCRB
| $6.52M | ﹤0.01% |
132,263
-73,083
| -36% | -$3.62M |
|
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.