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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
PUT
Humana
HUM
$46.4B
| $332M | 0.04% |
1,275,700
-26,000
| -2% | -$6.84M |
|
377
PUT
RTX Corp
RTX
$282B
| $331M | 0.04% |
1,976,900
+114,000
| +6% | +$17.7M |
|
378
CALL
United Airlines
UAL
$36.9B
| $330M | 0.04% |
3,424,400
-1,785,700
| -34% | -$172M |
|
|
379
Palantir
PLTR
$423B
| $330M | 0.04% |
1,807,950
-4,501,577
| -71% | -$730M |
|
380
PUT
Arista Networks
ANET
$237B
| $329M | 0.04% |
2,258,400
-42,400
| -2% | -$5.46M |
|
381
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $328M | 0.04% |
11,331,400
+2,364,200
| +26% | +$71.4M |
|
382
CALL
TJX Companies
TJX
$155B
| $327M | 0.04% |
2,262,900
+817,000
| +57% | +$109M |
|
383
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $325M | 0.04% |
2,105,800
-497,000
| -19% | -$75.3M |
|
384
CALL
Amgen
AMGN
$240B
| $325M | 0.04% |
1,150,100
-369,800
| -24% | -$107M |
|
385
CALL
Celestica
CLS
$37.1B
| $324M | 0.04% |
1,315,400
+116,700
| +10% | +$23.5M |
|
386
CALL
W.W. Grainger
GWW
$62.3B
| $324M | 0.04% |
339,800
+38,300
| +13% | +$38.5M |
|
387
PUT
Deere & Co
DE
$175B
| $324M | 0.04% |
707,600
+60,300
| +9% | +$29.7M |
|
388
PUT
Ulta Beauty
ULTA
$23.2B
| $323M | 0.04% |
591,100
-46,600
| -7% | -$23.9M |
|
389
PUT
Datadog
DDOG
$81.1B
| $323M | 0.04% |
2,269,200
+242,900
| +12% | +$33.4M |
|
390
CALL
Hilton Worldwide
HLT
$74.3B
| $322M | 0.04% |
1,240,200
+163,200
| +15% | +$44.1M |
|
391
PUT
Cameco
CCJ
$44.5B
| $322M | 0.04% |
3,834,800
-2,403,600
| -39% | -$186M |
|
392
Pfizer
PFE
$159B
| $321M | 0.04% |
12,596,004
+1,069,039
| +9% | +$26.4M |
|
393
PUT
DraftKings
DKNG
$12.9B
| $321M | 0.04% |
8,576,100
+3,089,500
| +56% | +$137M |
|
|
394
CALL
RTX Corp
RTX
$282B
| $319M | 0.04% |
1,908,000
-118,600
| -6% | -$18.4M |
|
395
PUT
Procter & Gamble
PG
$341B
| $317M | 0.04% |
2,064,400
-213,100
| -9% | -$33.3M |
|
|
EA
396
PUT
DELISTED
Electronic Arts
EA
| $317M | 0.04% |
1,571,300
+711,200
| +83% | +$118M |
|
|
EA
397
CALL
DELISTED
Electronic Arts
EA
| $313M | 0.04% |
1,553,100
+946,700
| +156% | +$157M |
|
398
CALL
Danaher
DHR
$151B
| $313M | 0.04% |
1,578,500
+670,200
| +74% | +$133M |
|
399
CALL
Marathon Digital Holdings
MARA
$4.32B
| $313M | 0.04% |
17,129,200
-2,020,500
| -11% | -$34.1M |
|
400
PUT
Duolingo
DUOL
$6.87B
| $312M | 0.04% |
970,500
+666,500
| +219% | +$223M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.