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 | |
|---|---|---|---|---|---|---|
3726
Vanguard Extended Market ETF
VXF
$31.3B
| $6.08M | ﹤0.01% |
29,098
+8,936
| +44% | +$1.88M |
|
3727
Global X Blockchain ETF
BKCH
$261M
| $6.08M | ﹤0.01% |
95,171
+71,031
| +294% | +$6.23M |
|
|
ETHE
3728
Grayscale Ethereum Staking ETF Shares
ETHE
$1.86B
| $6.08M | ﹤0.01% |
249,368
-163,997
| -40% | -$4.66M |
|
3729
CALL
Church & Dwight Co
CHD
$24B
| $6.07M | ﹤0.01% |
72,400
-24,700
| -25% | -$2.11M |
|
3730
MarketAxess Holdings
MKTX
$5.73B
| $6.07M | ﹤0.01% |
33,473
-64,231
| -66% | -$11M |
|
3731
Alliant Energy
LNT
$17.6B
| $6.07M | ﹤0.01% |
93,295
+53,742
| +136% | +$3.6M |
|
|
TEN
3732
CALL
Tsakos Energy Navigation Ltd
TEN
$1.28B
| $6.05M | ﹤0.01% |
270,000
+132,400
| +96% | +$3.1M |
|
3733
CALL
Dave & Buster's
PLAY
$327M
| $6.05M | ﹤0.01% |
373,300
+12,300
| +3% | +$206K |
|
3734
RB Global
RBA
$15.9B
| $6.05M | ﹤0.01% |
+58,821
| New | +$5.98M |
|
3735
PUT
Ivanhoe Electric
IE
$1.79B
| $6.04M | ﹤0.01% |
378,000
+225,500
| +148% | +$3.23M |
|
|
ETHE
3736
PUT
Grayscale Ethereum Staking ETF Shares
ETHE
$1.86B
| $6.04M | ﹤0.01% |
247,800
-306,700
| -55% | -$8.72M |
|
3737
Lithia Motors
LAD
$8.14B
| $6.02M | ﹤0.01% |
18,106
+5,382
| +42% | +$1.71M |
|
3738
CALL
Costamare
CMRE
$1.86B
| $6.01M | ﹤0.01% |
380,700
+262,300
| +222% | +$3.62M |
|
3739
Sunoco
SUN
$14.1B
| $6.01M | ﹤0.01% |
114,594
+13,676
| +14% | +$723K |
|
3740
PUT
iShares MSCI Italy ETF
EWI
$1.12B
| $6M | ﹤0.01% |
+110,400
| New | +$5.8M |
|
3741
CALL
Apogee Therapeutics
APGE
$10.2B
| $5.99M | ﹤0.01% |
79,400
+40,400
| +104% | +$2.54M |
|
|
BMNU
3742
T-REX 2X Long BMNR Daily Target ETF
BMNU
$375M
| $5.99M | ﹤0.01% |
+125,349
| New | +$19.2M |
|
3743
CALL
Krispy Kreme
DNUT
$602M
| $5.99M | ﹤0.01% |
1,490,100
+875,300
| +142% | +$3.46M |
|
3744
CALL
Direxion Daily AAPL Bull 2X ETF
AAPU
$196M
| $5.99M | ﹤0.01% |
178,300
-101,700
| -36% | -$3.55M |
|
3745
PUT
Jack Henry & Associates
JKHY
$12.1B
| $5.99M | ﹤0.01% |
32,800
-140,600
| -81% | -$23.4M |
|
3746
Dentsply Sirona
XRAY
$2.22B
| $5.98M | ﹤0.01% |
523,399
+426,096
| +438% | +$5M |
|
3747
PUT
Rexford Industrial Realty
REXR
$8.28B
| $5.98M | ﹤0.01% |
154,500
-107,300
| -41% | -$4.43M |
|
3748
Unifirst Corp
UNF
$5.1B
| $5.98M | ﹤0.01% |
+30,979
| New | +$5.23M |
|
3749
Otis Worldwide
OTIS
$27.3B
| $5.97M | ﹤0.01% |
68,378
+11,555
| +20% | +$1.03M |
|
3750
Weibo
WB
$1.72B
| $5.97M | ﹤0.01% |
583,893
+96,500
| +20% | +$1.04M |
|
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.