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 | |
|---|---|---|---|---|---|---|
3626
Howard Hughes
HHH
$3.87B
| $6.52M | ﹤0.01% |
81,696
+30,662
| +60% | +$2.54M |
|
3627
Willis Towers Watson
WTW
$31.9B
| $6.51M | ﹤0.01% |
19,822
-14,004
| -41% | -$4.58M |
|
3628
Capital Group Dividend Value ETF
CGDV
$38.8B
| $6.5M | ﹤0.01% |
+149,018
| New | +$6.4M |
|
3629
PUT
FMC
FMC
$1.42B
| $6.5M | ﹤0.01% |
468,400
-270,700
| -37% | -$5.16M |
|
|
MSTZ
3630
CALL
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$57.7M
| $6.49M | ﹤0.01% |
378,500
-498,400
| -57% | -$5.07M |
|
3631
Cenovus Energy
CVE
$58.2B
| $6.48M | ﹤0.01% |
383,237
+197,487
| +106% | +$3.43M |
|
3632
CALL
Snap-on
SNA
$20.3B
| $6.48M | ﹤0.01% |
18,800
+3,200
| +21% | +$1.09M |
|
3633
Vanguard Real Estate ETF
VNQ
$38.6B
| $6.48M | ﹤0.01% |
73,183
+39,617
| +118% | +$3.56M |
|
3634
PUT
ProShares Ultra Semiconductors
USD
$2.6B
| $6.47M | ﹤0.01% |
123,300
-34,500
| -22% | -$1.83M |
|
|
CMPS
3635
CALL
Compass Pathways
CMPS
$1.9B
| $6.47M | ﹤0.01% |
938,100
+443,900
| +90% | +$2.71M |
|
|
SEE
3636
DELISTED
Sealed Air
SEE
| $6.47M | ﹤0.01% |
156,133
+104,426
| +202% | +$4.04M |
|
3637
PUT
Main Street Capital
MAIN
$5.47B
| $6.46M | ﹤0.01% |
107,000
+9,600
| +10% | +$566K |
|
3638
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.43B
| $6.46M | ﹤0.01% |
24,000
+9,700
| +68% | +$2.66M |
|
|
VZLA
3639
Vizsla Silver
VZLA
$1.4B
| $6.45M | ﹤0.01% |
1,180,036
+1,080,366
| +1,084% | +$5.07M |
|
3640
CALL
MoonLake Immunotherapeutics
MLTX
$1.28B
| $6.45M | ﹤0.01% |
489,100
-62,400
| -11% | -$736K |
|
3641
Varonis Systems
VRNS
$5.04B
| $6.45M | ﹤0.01% |
196,519
+170,323
| +650% | +$7.15M |
|
3642
Wave Life Sciences
WVE
$993M
| $6.44M | ﹤0.01% |
378,987
+182,707
| +93% | +$1.86M |
|
3643
PUT
DigitalBridge
DBRG
$2.99B
| $6.44M | ﹤0.01% |
419,800
+2,900
| +0.7% | +$34.8K |
|
3644
PUT
MakeMyTrip
MMYT
$5.55B
| $6.44M | ﹤0.01% |
78,400
+41,400
| +112% | +$3.4M |
|
|
URG
3645
Ur-Energy
URG
$561M
| $6.44M | ﹤0.01% |
4,630,205
+2,680,027
| +137% | +$3.97M |
|
3646
PUT
FuboTV Inc
FUBO
$311M
| $6.43M | ﹤0.01% |
212,783
+73,066
| +52% | +$2.92M |
|
3647
CALL
Sportradar
SRAD
$3.83B
| $6.43M | ﹤0.01% |
270,700
-52,100
| -16% | -$1.25M |
|
3648
CALL
Fidelity MSCI Information Technology Index ETF
FTEC
$21.1B
| $6.43M | ﹤0.01% |
28,600
+3,200
| +13% | +$725K |
|
|
MASI
3649
PUT
DELISTED
Masimo
MASI
| $6.42M | ﹤0.01% |
49,400
+18,600
| +60% | +$2.66M |
|
3650
PUT
Vornado Realty Trust
VNO
$7.13B
| $6.42M | ﹤0.01% |
193,000
+24,600
| +15% | +$899K |
|
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.