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 | |
|---|---|---|---|---|---|---|
3776
CALL
Carter's
CRI
$1.23B
| $5.58M | ﹤0.01% |
185,100
+112,100
| +154% | +$3.8M |
|
3777
Black Hills Corp
BKH
$5.55B
| $5.58M | ﹤0.01% |
99,389
-2,910
| -3% | -$170K |
|
3778
CALL
Omnicom Group
OMC
$24.2B
| $5.58M | ﹤0.01% |
77,500
-61,400
| -44% | -$4.54M |
|
3779
W.W. Grainger
GWW
$61.5B
| $5.57M | ﹤0.01% |
5,359
+1,781
| +50% | +$1.85M |
|
|
SW
3780
Smurfit Westrock
SW
$25.3B
| $5.57M | ﹤0.01% |
129,165
+69,397
| +116% | +$2.97M |
|
3781
ProShares UltraShort Silver
ZSL
$63.7M
| $5.57M | ﹤0.01% |
21,591
+18,157
| +529% | +$5.47M |
|
3782
PUT
BrightSpring Health Services
BTSG
$11.7B
| $5.57M | ﹤0.01% |
236,200
+223,000
| +1,689% | +$4.65M |
|
3783
CALL
Byrna Technologies
BYRN
$81.6M
| $5.56M | ﹤0.01% |
180,200
+87,700
| +95% | +$2.14M |
|
|
SEI
3784
CALL
Solaris Energy Infrastructure
SEI
$3.28B
| $5.56M | ﹤0.01% |
196,600
-218,600
| -53% | -$5.15M |
|
3785
TKO Group
TKO
$13.5B
| $5.56M | ﹤0.01% |
30,564
-2,667
| -8% | -$428K |
|
3786
Bankunited
BKU
$3.3B
| $5.56M | ﹤0.01% |
156,246
+3,020
| +2% | +$101K |
|
3787
CALL
iShares Core MSCI EAFE ETF
IEFA
$195B
| $5.56M | ﹤0.01% |
66,600
-11,300
| -15% | -$897K |
|
3788
FNB Corp
FNB
$6.55B
| $5.56M | ﹤0.01% |
381,034
-51,783
| -12% | -$700K |
|
3789
CNO Financial Group
CNO
$5.12B
| $5.55M | ﹤0.01% |
143,873
+19,758
| +16% | +$753K |
|
3790
PUT
Winnebago Industries
WGO
$865M
| $5.55M | ﹤0.01% |
191,400
+70,100
| +58% | +$2.3M |
|
3791
CALL
Erie Indemnity
ERIE
$13.6B
| $5.55M | ﹤0.01% |
16,000
-18,400
| -53% | -$6.83M |
|
|
NUVL
3792
DELISTED
Nuvalent
NUVL
| $5.55M | ﹤0.01% |
72,692
+23,736
| +48% | +$1.74M |
|
3793
Star Bulk Carriers
SBLK
$3.4B
| $5.54M | ﹤0.01% |
321,302
-140,610
| -30% | -$2.19M |
|
3794
PUT
Hormel Foods
HRL
$11.9B
| $5.54M | ﹤0.01% |
183,200
-46,300
| -20% | -$1.4M |
|
3795
CALL
Levi Strauss
LEVI
$8.19B
| $5.53M | ﹤0.01% |
299,100
+109,200
| +58% | +$1.82M |
|
3796
CALL
Amplify Blockchain Technology ETF
BLOK
$1.09B
| $5.53M | ﹤0.01% |
96,800
+49,500
| +105% | +$2.24M |
|
|
SA
3797
CALL
Seabridge Gold
SA
$3.49B
| $5.52M | ﹤0.01% |
380,200
+259,200
| +214% | +$3.29M |
|
|
VMRK
3798
Vivmark Residential
VMRK
$26.1B
| $5.51M | ﹤0.01% |
81,591
+43,074
| +112% | +$2.96M |
|
3799
Owens Corning
OC
$11.3B
| $5.51M | ﹤0.01% |
40,041
+16,726
| +72% | +$2.31M |
|
3800
Spire
SR
$4.88B
| $5.51M | ﹤0.01% |
75,434
-8,908
| -11% | -$667K |
|
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.