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 | |
|---|---|---|---|---|---|---|
3876
CALL
Energy Vault
NRGV
$644M
| $5.47M | ﹤0.01% |
1,187,200
+496,400
| +72% | +$1.9M |
|
3877
Intellia Therapeutics
NTLA
$1.8B
| $5.47M | ﹤0.01% |
608,665
-281,696
| -32% | -$3.88M |
|
|
TGNA
3878
CALL
DELISTED
TEGNA Inc
TGNA
| $5.47M | ﹤0.01% |
281,900
-40,500
| -13% | -$800K |
|
3879
Clover Health Investments
CLOV
$2.25B
| $5.46M | ﹤0.01% |
2,325,253
-376,643
| -14% | -$1.03M |
|
3880
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.38B
| $5.46M | ﹤0.01% |
135,331
-20,770
| -13% | -$855K |
|
3881
Noble Corp
NE
$7.31B
| $5.46M | ﹤0.01% |
193,178
+139,778
| +262% | +$4.13M |
|
3882
CALL
ARK 21Shares Bitcoin ETF
ARKB
$2.96B
| $5.45M | ﹤0.01% |
187,800
-6,300
| -3% | -$209K |
|
3883
Applied Digital
APLD
$7.2B
| $5.45M | ﹤0.01% |
222,292
+204,945
| +1,181% | +$5.9M |
|
3884
PUT
Cooper Companies
COO
$13.9B
| $5.45M | ﹤0.01% |
66,500
+6,700
| +11% | +$502K |
|
3885
Axsome Therapeutics
AXSM
$10.4B
| $5.45M | ﹤0.01% |
29,841
-20,405
| -41% | -$2.85M |
|
3886
Global X MLP & Energy Infrastructure ETF
MLPX
$3.63B
| $5.44M | ﹤0.01% |
89,939
+40,071
| +80% | +$2.4M |
|
3887
CALL
Integer Holdings
ITGR
$4.26B
| $5.44M | ﹤0.01% |
69,300
+63,100
| +1,018% | +$5.03M |
|
3888
Synaptics
SYNA
$3.72B
| $5.43M | ﹤0.01% |
73,426
+58,735
| +400% | +$4.12M |
|
3889
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.85B
| $5.42M | ﹤0.01% |
102,183
-23,761
| -19% | -$1.23M |
|
3890
CALL
Saia
SAIA
$9.37B
| $5.42M | ﹤0.01% |
16,600
+6,900
| +71% | +$2.09M |
|
3891
Verra Mobility
VRRM
$667M
| $5.42M | ﹤0.01% |
241,662
+99,209
| +70% | +$2.27M |
|
3892
CALL
FuboTV Inc
FUBO
$311M
| $5.41M | ﹤0.01% |
179,042
-109,541
| -38% | -$4.37M |
|
3893
State Street Utilities Select Sector SPDR ETF
XLU
$21.9B
| $5.41M | ﹤0.01% |
126,625
-73,931
| -37% | -$3.27M |
|
3894
CALL
STAAR Surgical
STAA
$1.11B
| $5.4M | ﹤0.01% |
+233,900
| New | +$6.03M |
|
3895
Interactive Brokers
IBKR
$43.4B
| $5.4M | ﹤0.01% |
83,937
-163
| -0.2% | -$10.9K |
|
|
REVG
3896
PUT
DELISTED
REV Group
REVG
| $5.39M | ﹤0.01% |
88,700
+76,500
| +627% | +$4.29M |
|
3897
PUT
W.R. Berkley
WRB
$25.4B
| $5.39M | ﹤0.01% |
76,900
+64,500
| +520% | +$4.75M |
|
3898
CALL
Affiliated Managers Group
AMG
$9.59B
| $5.39M | ﹤0.01% |
18,700
+15,900
| +568% | +$4.11M |
|
3899
CALL
Cognex
CGNX
$10.2B
| $5.39M | ﹤0.01% |
149,700
-184,600
| -55% | -$7.47M |
|
3900
CALL
HF Sinclair
DINO
$17.7B
| $5.38M | ﹤0.01% |
116,700
-207,000
| -64% | -$10.7M |
|
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.