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 | |
|---|---|---|---|---|---|---|
3701
Bath & Body Works
BBWI
$3.88B
| $5.81M | ﹤0.01% |
193,773
-136,176
| -41% | -$3.99M |
|
3702
United States Lime & Minerals
USLM
$3.44B
| $5.8M | ﹤0.01% |
58,143
-11,449
| -16% | -$1.12M |
|
|
WRD
3703
PUT
WeRide Inc
WRD
$1.99B
| $5.8M | ﹤0.01% |
+736,300
| New | +$6.57M |
|
3704
CALL
Keros Therapeutics
KROS
$219M
| $5.8M | ﹤0.01% |
434,500
+232,200
| +115% | +$3.13M |
|
3705
Burford Capital
BUR
$957M
| $5.8M | ﹤0.01% |
406,561
+76,367
| +23% | +$998K |
|
3706
PUT
NexGen Energy
NXE
$6.97B
| $5.8M | ﹤0.01% |
835,100
-1,853,000
| -69% | -$10.5M |
|
3707
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$248M
| $5.79M | ﹤0.01% |
136,000
-6,200
| -4% | -$245K |
|
3708
Addus HomeCare
ADUS
$2.16B
| $5.79M | ﹤0.01% |
50,278
+28,710
| +133% | +$3.1M |
|
3709
GDS Holdings
GDS
$6.69B
| $5.79M | ﹤0.01% |
+189,414
| New | +$4.8M |
|
3710
CALL
WillScot Mobile Mini Holdings
WSC
$3.79B
| $5.79M | ﹤0.01% |
211,200
-320,900
| -60% | -$8.55M |
|
3711
CALL
Broadridge
BR
$20.9B
| $5.78M | ﹤0.01% |
23,800
-13,900
| -37% | -$3.3M |
|
3712
PUT
Lumen
LUMN
$6.23B
| $5.78M | ﹤0.01% |
1,319,900
+99,200
| +8% | +$384K |
|
3713
Eastern Bankshares
EBC
$5.09B
| $5.78M | ﹤0.01% |
378,309
-201,405
| -35% | -$3.02M |
|
3714
Mid-America Apartment Communities
MAA
$15B
| $5.77M | ﹤0.01% |
39,007
+26,412
| +210% | +$4.12M |
|
3715
CALL
Pinnacle West Capital
PNW
$11.8B
| $5.77M | ﹤0.01% |
64,500
+13,900
| +27% | +$1.27M |
|
3716
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $5.77M | ﹤0.01% |
63,408
+31,835
| +101% | +$2.73M |
|
3717
CALL
Gen Digital
GEN
$18.6B
| $5.77M | ﹤0.01% |
196,100
-190,500
| -49% | -$5.21M |
|
3718
CALL
Fomento Económico Mexicano
FMX
$40.9B
| $5.76M | ﹤0.01% |
55,900
+25,500
| +84% | +$2.63M |
|
3719
CALL
National Vision
EYE
$1.37B
| $5.75M | ﹤0.01% |
250,000
+62,500
| +33% | +$1.07M |
|
3720
U-Haul Holding Co Series N
UHAL.B
$11.7B
| $5.75M | ﹤0.01% |
105,713
-33,478
| -24% | -$1.87M |
|
3721
Camtek
CAMT
$6.33B
| $5.74M | ﹤0.01% |
67,915
-270,516
| -80% | -$18.2M |
|
3722
WSFS Financial
WSFS
$4B
| $5.74M | ﹤0.01% |
104,391
-10,066
| -9% | -$523K |
|
3723
iShares MSCI ACWI ETF
ACWI
$33.3B
| $5.74M | ﹤0.01% |
44,640
+2,249
| +5% | +$270K |
|
3724
CALL
Invesco CurrencyShares Swiss Franc Trust
FXF
$381M
| $5.74M | ﹤0.01% |
51,300
+48,300
| +1,610% | +$5.19M |
|
3725
Nektar Therapeutics
NKTR
$2.48B
| $5.73M | ﹤0.01% |
221,891
+184,744
| +497% | +$2.07M |
|
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.