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 | |
|---|---|---|---|---|---|---|
3676
CALL
Intellia Therapeutics
NTLA
$1.8B
| $6.29M | ﹤0.01% |
699,800
+390,200
| +126% | +$5.37M |
|
3677
PUT
Appian
APPN
$3.04B
| $6.28M | ﹤0.01% |
177,400
-542,600
| -75% | -$19.3M |
|
3678
Vanguard FTSE Pacific ETF
VPL
$8.56B
| $6.28M | ﹤0.01% |
69,485
+50,168
| +260% | +$4.54M |
|
3679
CALL
Kodak
KODK
$885M
| $6.28M | ﹤0.01% |
742,400
+229,400
| +45% | +$1.72M |
|
3680
CALL
CryoPort
CYRX
$815M
| $6.28M | ﹤0.01% |
653,900
+379,000
| +138% | +$3.58M |
|
3681
Capital Group International Equity ETF
CGIE
$2.48B
| $6.27M | ﹤0.01% |
180,190
+173,839
| +2,737% | +$5.96M |
|
|
AVGX
3682
CALL
Defiance Daily Target 2X Long AVGO ETF
AVGX
$172M
| $6.27M | ﹤0.01% |
133,700
-92,900
| -41% | -$4.98M |
|
3683
Vanguard Russell 1000 Value ETF
VONV
$22B
| $6.27M | ﹤0.01% |
67,905
+63,348
| +1,390% | +$5.75M |
|
3684
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $6.26M | ﹤0.01% |
+106,664
| New | +$6.27M |
|
3685
Global X Artificial Intelligence & Technology ETF
AIQ
$10.4B
| $6.26M | ﹤0.01% |
+123,039
| New | +$6.25M |
|
3686
CALL
Harmony Gold Mining
HMY
$12.6B
| $6.25M | ﹤0.01% |
314,100
+83,900
| +36% | +$1.57M |
|
|
WCN
3687
CALL
Waste Connections
WCN
$41.7B
| $6.24M | ﹤0.01% |
35,600
-163,100
| -82% | -$28.2M |
|
3688
Builders FirstSource
BLDR
$7.29B
| $6.24M | ﹤0.01% |
60,670
-40,404
| -40% | -$4.54M |
|
3689
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.21B
| $6.24M | ﹤0.01% |
129,797
+76,094
| +142% | +$3.68M |
|
|
DYNC
3690
Dynamix Corp
DYNC
$241M
| $6.24M | ﹤0.01% |
606,595
+72,567
| +14% | +$753K |
|
|
DDFN
3691
Innovator Equity Dual Directional 15 Buffer ETF - November
DDFN
$75.6M
| $6.23M | ﹤0.01% |
+325,000
| New | +$6.19M |
|
3692
CALL
Curtiss-Wright
CW
$22B
| $6.23M | ﹤0.01% |
11,300
-14,200
| -56% | -$7.92M |
|
3693
Cboe Global Markets
CBOE
$32.4B
| $6.22M | ﹤0.01% |
24,797
-18,266
| -42% | -$4.54M |
|
3694
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.18B
| $6.22M | ﹤0.01% |
26,983
-9,176
| -25% | -$2.11M |
|
|
AVGX
3695
PUT
Defiance Daily Target 2X Long AVGO ETF
AVGX
$172M
| $6.22M | ﹤0.01% |
132,600
+17,800
| +16% | +$955K |
|
3696
Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
$143M
| $6.22M | ﹤0.01% |
30,137
+8,190
| +37% | +$1.96M |
|
3697
PUT
CoreCivic
CXW
$3.34B
| $6.21M | ﹤0.01% |
325,000
+21,800
| +7% | +$399K |
|
|
HIVE
3698
CALL
HIVE Digital Technologies
HIVE
$761M
| $6.2M | ﹤0.01% |
2,404,700
-127,100
| -5% | -$537K |
|
3699
ADT
ADT
$5.51B
| $6.2M | ﹤0.01% |
768,683
-782,337
| -50% | -$6.5M |
|
3700
CALL
New York Times
NYT
$11B
| $6.17M | ﹤0.01% |
88,900
-53,400
| -38% | -$3.31M |
|
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.