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 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
CALL
Rocket Lab Corp
RKLB
$46.4B
| $264M | 0.04% |
7,393,100
+401,600
| +6% | +$9.83M |
|
377
PUT
Gilead Sciences
GILD
$181B
| $263M | 0.04% |
2,370,400
+595,000
| +34% | +$63.3M |
|
378
CALL
Core Scientific
CORZ
$5.72B
| $261M | 0.04% |
15,283,100
+5,481,300
| +56% | +$54.9M |
|
|
XYZ
379
PUT
Block Inc
XYZ
$49.4B
| $259M | 0.04% |
3,813,100
+291,200
| +8% | +$16.9M |
|
380
Nike
NKE
$60.5B
| $258M | 0.04% |
3,636,974
-1,855,398
| -34% | -$111M |
|
381
CALL
AutoZone
AZO
$48.3B
| $257M | 0.04% |
69,100
+23,100
| +50% | +$85.1M |
|
382
SPDR Gold Trust
GLD
$154B
| $256M | 0.04% |
838,905
+825,904
| +6,353% | +$250M |
|
|
NBIS
383
CALL
Nebius Group N.V.
NBIS
$59.6B
| $255M | 0.04% |
4,615,800
+1,916,300
| +71% | +$66M |
|
384
DoorDash
DASH
$96.8B
| $255M | 0.04% |
1,034,160
+585,928
| +131% | +$118M |
|
385
PUT
American Airlines Group
AAL
$9.15B
| $254M | 0.04% |
22,637,900
-4,566,900
| -17% | -$48.9M |
|
|
SCHW
386
PUT
Charles Schwab
SCHW
$194B
| $253M | 0.04% |
2,771,000
+603,700
| +28% | +$50.5M |
|
387
PUT
Delta Air Lines
DAL
$54.2B
| $253M | 0.04% |
5,138,600
+122,000
| +2% | +$5.6M |
|
388
CALL
Abbott
ABT
$202B
| $252M | 0.04% |
1,854,800
-306,400
| -14% | -$40.4M |
|
389
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $252M | 0.04% |
8,967,200
+821,600
| +10% | +$17.6M |
|
390
CALL
Marriott International
MAR
$92.9B
| $251M | 0.03% |
920,200
-113,300
| -11% | -$28.4M |
|
391
PUT
Roblox
RBLX
$27.4B
| $251M | 0.03% |
2,389,600
+240,200
| +11% | +$18.9M |
|
392
CALL
Trade Desk
TTD
$6.19B
| $251M | 0.03% |
3,481,900
-710,900
| -17% | -$45.4M |
|
393
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $251M | 0.03% |
441,200
+72,800
| +20% | +$38.3M |
|
|
394
CALL
Gilead Sciences
GILD
$181B
| $250M | 0.03% |
2,254,100
+111,800
| +5% | +$11.9M |
|
395
CALL
iShares MSCI Brazil ETF
EWZ
$8.04B
| $250M | 0.03% |
8,648,200
-311,700
| -3% | -$8.41M |
|
|
396
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $249M | 0.03% |
8,846,400
-1,558,900
| -15% | -$33.4M |
|
397
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $248M | 0.03% |
438,400
+125,100
| +40% | +$67.1M |
|
398
PUT
Medtronic
MDT
$119B
| $246M | 0.03% |
2,825,900
+1,456,500
| +106% | +$124M |
|
399
CALL
Deere & Co
DE
$175B
| $245M | 0.03% |
482,100
-161,600
| -25% | -$79.1M |
|
400
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $244M | 0.03% |
2,227,578
+2,197,299
| +7,257% | +$236M |
|
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 deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- 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.