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 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
CALL
Occidental Petroleum
OXY
$61.3B
| $290M | 0.04% |
6,909,500
-781,600
| -10% | -$32.7M |
|
352
Netflix
NFLX
$331B
| $289M | 0.04% |
2,160,480
-378,760
| -15% | -$42.8M |
|
353
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $289M | 0.04% |
550,700
+160,900
| +41% | +$89.8M |
|
|
TEM
354
CALL
Tempus AI
TEM
$13.1B
| $287M | 0.04% |
4,521,600
+2,175,300
| +93% | +$125M |
|
355
CALL
Hilton Worldwide
HLT
$73.5B
| $287M | 0.04% |
1,077,000
-1,150,300
| -52% | -$274M |
|
356
CALL
iShares Semiconductor ETF
SOXX
$42.4B
| $280M | 0.04% |
1,173,600
+831,200
| +243% | +$167M |
|
357
Pfizer
PFE
$160B
| $279M | 0.04% |
11,526,965
+887,751
| +8% | +$20.7M |
|
358
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $276M | 0.04% |
488,100
+40,400
| +9% | +$21.7M |
|
359
PUT
SoFi Technologies
SOFI
$24.4B
| $276M | 0.04% |
15,176,400
+68,700
| +0.5% | +$906K |
|
360
PUT
Dick's Sporting Goods
DKS
$16.4B
| $276M | 0.04% |
1,393,000
+1,021,200
| +275% | +$189M |
|
361
PUT
Take-Two Interactive
TTWO
$44.8B
| $274M | 0.04% |
1,129,000
+521,200
| +86% | +$117M |
|
362
CALL
IonQ
IONQ
$18.2B
| $273M | 0.04% |
6,358,400
+2,565,300
| +68% | +$86M |
|
363
PUT
Eaton
ETN
$163B
| $272M | 0.04% |
762,900
+259,100
| +51% | +$79.8M |
|
364
PUT
Datadog
DDOG
$84.6B
| $272M | 0.04% |
2,026,300
+316,700
| +19% | +$35.1M |
|
365
PUT
RTX Corp
RTX
$283B
| $272M | 0.04% |
1,862,900
+345,700
| +23% | +$46.1M |
|
366
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $272M | 0.04% |
3,276,700
+275,800
| +9% | +$22M |
|
|
TLN
367
CALL
Talen Energy Corp
TLN
$15.1B
| $271M | 0.04% |
933,500
-41,200
| -4% | -$9.78M |
|
368
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $271M | 0.04% |
5,180,520
+978,039
| +23% | +$48.4M |
|
|
AXON
369
CALL
Axon Enterprise
AXON
$51B
| $269M | 0.04% |
325,000
+96,000
| +42% | +$65.3M |
|
370
PUT
KKR & Co
KKR
$97.4B
| $269M | 0.04% |
2,022,700
+496,900
| +33% | +$58.2M |
|
371
PUT
Newmont
NEM
$139B
| $269M | 0.04% |
4,611,700
-543,200
| -11% | -$29M |
|
372
CALL
Microchip Technology
MCHP
$41.3B
| $269M | 0.04% |
3,816,500
+1,379,400
| +57% | +$75.8M |
|
373
CALL
GameStop
GME
$8.17B
| $268M | 0.04% |
10,998,000
+3,872,000
| +54% | +$104M |
|
374
CALL
FedEx
FDX
$76.9B
| $266M | 0.04% |
1,172,000
+19,000
| +2% | +$4.16M |
|
375
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $265M | 0.04% |
1,963,500
-47,900
| -2% | -$6.47M |
|
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 deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- 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.