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 | |
|---|---|---|---|---|---|---|
3826
CALL
Virgin Galactic
SPCE
$446M
| $5.65M | ﹤0.01% |
1,761,600
-81,500
| -4% | -$307K |
|
3827
PUT
Compass
COMP
$8.42B
| $5.65M | ﹤0.01% |
534,500
-302,100
| -36% | -$2.76M |
|
3828
CALL
Flowserve
FLS
$10.2B
| $5.64M | ﹤0.01% |
81,300
+100
| +0.1% | +$6.43K |
|
3829
PUT
AptarGroup
ATR
$8.46B
| $5.63M | ﹤0.01% |
46,200
-8,100
| -15% | -$1M |
|
3830
Yum! Brands
YUM
$42B
| $5.63M | ﹤0.01% |
37,237
+14,991
| +67% | +$2.22M |
|
3831
NorthWestern Energy
NWE
$4.33B
| $5.61M | ﹤0.01% |
86,992
+80,608
| +1,263% | +$5.1M |
|
|
NBSD
3832
Neuberger Short Duration Income ETF
NBSD
$1.28B
| $5.61M | ﹤0.01% |
109,664
+93,640
| +584% | +$4.79M |
|
3833
Capital Group Core Balanced ETF
CGBL
$7.6B
| $5.61M | ﹤0.01% |
+158,871
| New | +$5.56M |
|
3834
Blue Owl Capital
OBDC
$5.57B
| $5.61M | ﹤0.01% |
451,275
+320,043
| +244% | +$4.07M |
|
3835
iShares S&P 500 Value ETF
IVE
$50.2B
| $5.6M | ﹤0.01% |
26,406
-8,625
| -25% | -$1.81M |
|
3836
PUT
Otis Worldwide
OTIS
$27.3B
| $5.59M | ﹤0.01% |
64,000
-160,600
| -72% | -$14.4M |
|
3837
NextDecade
NEXT
$1.96B
| $5.59M | ﹤0.01% |
1,060,576
+499,940
| +89% | +$2.98M |
|
3838
Zeta Global
ZETA
$7.67B
| $5.59M | ﹤0.01% |
274,575
-199,365
| -42% | -$3.72M |
|
|
HOLX
3839
DELISTED
Hologic
HOLX
| $5.59M | ﹤0.01% |
75,010
-30,871
| -29% | -$2.26M |
|
3840
PUT
Atkore
ATKR
$3.16B
| $5.58M | ﹤0.01% |
88,300
-9,500
| -10% | -$620K |
|
|
AVB
3841
CALL
DELISTED
AvalonBay Communities
AVB
| $5.58M | ﹤0.01% |
30,800
-22,100
| -42% | -$4.01M |
|
3842
PUT
Lennox International
LII
$13.6B
| $5.58M | ﹤0.01% |
11,500
-50,400
| -81% | -$25.2M |
|
3843
iShares MSCI Chile ETF
ECH
$1.05B
| $5.58M | ﹤0.01% |
+138,108
| New | +$5.01M |
|
3844
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.6B
| $5.58M | ﹤0.01% |
+164,963
| New | +$5.59M |
|
3845
PUT
GigaCloud Technology
GCT
$1.89B
| $5.57M | ﹤0.01% |
141,800
-5,700
| -4% | -$189K |
|
3846
iShares MSCI Mexico ETF
EWW
$1.77B
| $5.57M | ﹤0.01% |
80,337
-52,295
| -39% | -$3.53M |
|
3847
PUT
Navios Maritime Partners
NMM
$2.48B
| $5.57M | ﹤0.01% |
106,200
-46,900
| -31% | -$2.33M |
|
3848
Haemonetics
HAE
$4.73B
| $5.56M | ﹤0.01% |
69,402
+33,589
| +94% | +$2.26M |
|
3849
PUT
BellRing Brands
BRBR
$1.24B
| $5.56M | ﹤0.01% |
207,900
+61,300
| +42% | +$1.9M |
|
3850
Carpenter Technology
CRS
$23.6B
| $5.56M | ﹤0.01% |
17,648
+7,125
| +68% | +$2.14M |
|
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.