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 | |
|---|---|---|---|---|---|---|
3751
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.79B
| $5.64M | ﹤0.01% |
240,294
-1,941,894
| -89% | -$30.3M |
|
3752
iShares S&P Small-Cap 600 Value ETF
IJS
$8.28B
| $5.64M | ﹤0.01% |
56,659
+11,459
| +25% | +$1.08M |
|
3753
Dimensional International Small Cap ETF
DFIS
$5.94B
| $5.63M | ﹤0.01% |
+188,787
| New | +$5.22M |
|
3754
Kodak
KODK
$885M
| $5.63M | ﹤0.01% |
996,229
-484,857
| -33% | -$2.91M |
|
3755
PUT
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $5.63M | ﹤0.01% |
83,900
+27,500
| +49% | +$1.82M |
|
|
PPTA
3756
PUT
Perpetua Resources
PPTA
$3.14B
| $5.62M | ﹤0.01% |
463,100
+440,100
| +1,913% | +$5.93M |
|
3757
CALL
iRhythm Holdings
IRTC
$3.96B
| $5.62M | ﹤0.01% |
36,500
-9,100
| -20% | -$1.18M |
|
3758
Urban Outfitters
URBN
$6.95B
| $5.61M | ﹤0.01% |
77,338
-5,058
| -6% | -$304K |
|
3759
PUT
Weyerhaeuser
WY
$17B
| $5.61M | ﹤0.01% |
218,300
+166,900
| +325% | +$4.37M |
|
3760
CALL
Inspire Medical Systems
INSP
$1.78B
| $5.61M | ﹤0.01% |
43,200
-10,700
| -20% | -$1.55M |
|
3761
KeyCorp
KEY
$23.4B
| $5.61M | ﹤0.01% |
321,757
-300,259
| -48% | -$4.66M |
|
3762
CALL
TPG
TPG
$9B
| $5.6M | ﹤0.01% |
106,800
+81,200
| +317% | +$3.89M |
|
3763
CALL
Sunoco
SUN
$14.1B
| $5.6M | ﹤0.01% |
104,500
-156,100
| -60% | -$8.62M |
|
3764
PUT
DigitalOcean
DOCN
$13.1B
| $5.6M | ﹤0.01% |
196,000
+4,400
| +2% | +$128K |
|
|
SEE
3765
CALL
DELISTED
Sealed Air
SEE
| $5.59M | ﹤0.01% |
180,300
-150,800
| -46% | -$4.48M |
|
3766
Bank of Hawaii
BOH
$3.05B
| $5.59M | ﹤0.01% |
82,835
+773
| +0.9% | +$51.4K |
|
3767
Anavex Life Sciences
AVXL
$277M
| $5.59M | ﹤0.01% |
606,667
-180,433
| -23% | -$1.54M |
|
3768
CALL
Yeti Holdings
YETI
$3.03B
| $5.59M | ﹤0.01% |
177,400
-21,300
| -11% | -$639K |
|
3769
PUT
ICICI Bank
IBN
$107B
| $5.59M | ﹤0.01% |
166,200
+28,700
| +21% | +$950K |
|
3770
CALL
Pembina Pipeline
PBA
$27.9B
| $5.59M | ﹤0.01% |
149,000
+111,900
| +302% | +$4.22M |
|
3771
CALL
Baxter International
BAX
$13.5B
| $5.59M | ﹤0.01% |
184,500
-140,800
| -43% | -$4.27M |
|
3772
CALL
Lightbridge
LTBR
$283M
| $5.58M | ﹤0.01% |
417,600
-253,700
| -38% | -$2.8M |
|
|
SEPN
3773
PUT
Septerna Inc
SEPN
$1.82B
| $5.58M | ﹤0.01% |
528,100
+506,900
| +2,391% | +$4.17M |
|
3774
PUT
Red Cat Holdings
RCAT
$1.3B
| $5.58M | ﹤0.01% |
766,300
-68,500
| -8% | -$447K |
|
3775
Kadant
KAI
$3.57B
| $5.58M | ﹤0.01% |
17,572
+3,574
| +26% | +$1.12M |
|
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.