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 | |
|---|---|---|---|---|---|---|
3901
CALL
Vornado Realty Trust
VNO
$7.13B
| $5.37M | ﹤0.01% |
161,500
+7,200
| +5% | +$263K |
|
3902
Alpha Metallurgical Resources
AMR
$2.87B
| $5.37M | ﹤0.01% |
26,878
+11,686
| +77% | +$2.02M |
|
3903
CALL
Assurant
AIZ
$14.1B
| $5.37M | ﹤0.01% |
22,300
-15,500
| -41% | -$3.46M |
|
|
TTAN
3904
PUT
ServiceTitan Inc
TTAN
$9.53B
| $5.37M | ﹤0.01% |
50,400
-29,700
| -37% | -$2.9M |
|
|
GEMI
3905
CALL
Gemini Space Station
GEMI
$558M
| $5.36M | ﹤0.01% |
540,800
+220,900
| +69% | +$3.45M |
|
3906
Park Hotels & Resorts
PK
$3.19B
| $5.36M | ﹤0.01% |
512,552
+326,406
| +175% | +$3.5M |
|
3907
CALL
Insight Enterprises
NSIT
$4.57B
| $5.36M | ﹤0.01% |
65,800
-1,300
| -2% | -$122K |
|
3908
CALL
Cadiz
CDZI
$338M
| $5.36M | ﹤0.01% |
955,000
+666,400
| +231% | +$3.58M |
|
3909
PUT
Qiagen
QGEN
$8.9B
| $5.36M | ﹤0.01% |
119,100
+32,000
| +37% | +$1.48M |
|
3910
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.63B
| $5.35M | ﹤0.01% |
82,500
+25,800
| +46% | +$1.59M |
|
3911
Matador Resources
MTDR
$6.98B
| $5.35M | ﹤0.01% |
126,016
-37,425
| -23% | -$1.57M |
|
|
HAPN
3912
PUT
Happen Inc
HAPN
$2.06B
| $5.34M | ﹤0.01% |
282,000
+203,600
| +260% | +$3.6M |
|
|
EMBJ
3913
Embraer S.A. ADS
EMBJ
$12.9B
| $5.34M | ﹤0.01% |
+82,928
| New | +$5.2M |
|
|
AVB
3914
DELISTED
AvalonBay Communities
AVB
| $5.34M | ﹤0.01% |
29,437
-24,121
| -45% | -$4.38M |
|
3915
Kanzhun
BZ
$7.95B
| $5.33M | ﹤0.01% |
261,731
+228,457
| +687% | +$4.94M |
|
3916
PUT
IAMGOLD
IAG
$11.8B
| $5.32M | ﹤0.01% |
322,900
-47,000
| -13% | -$662K |
|
3917
CALL
ChargePoint
CHPT
$144M
| $5.32M | ﹤0.01% |
801,600
-270,500
| -25% | -$2.56M |
|
3918
iShares Global Energy ETF
IXC
$2.79B
| $5.32M | ﹤0.01% |
+126,815
| New | +$5.33M |
|
3919
Quest Diagnostics
DGX
$26.8B
| $5.31M | ﹤0.01% |
30,628
+13,696
| +81% | +$2.49M |
|
3920
PUT
Oshkosh
OSK
$9.51B
| $5.31M | ﹤0.01% |
42,300
+4,100
| +11% | +$527K |
|
3921
PUT
Innovative Industrial Properties
IIPR
$1.55B
| $5.31M | ﹤0.01% |
112,200
+31,400
| +39% | +$1.63M |
|
|
FOLD
3922
CALL
DELISTED
Amicus Therapeutics
FOLD
| $5.31M | ﹤0.01% |
372,900
-59,500
| -14% | -$585K |
|
|
BETA
3923
Beta Technologies Inc
BETA
$4.72B
| $5.31M | ﹤0.01% |
+188,061
| New | +$5.61M |
|
3924
CALL
Verisk Analytics
VRSK
$25B
| $5.3M | ﹤0.01% |
23,700
+13,800
| +139% | +$3.11M |
|
3925
CALL
ARK Blockchain & Fintech Innovation ETF
ARKF
$816M
| $5.3M | ﹤0.01% |
111,200
-7,600
| -6% | -$397K |
|
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.