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 | Miscellaneous | 93.94% |
| 2 | Technology | 1.79% |
| 3 | Consumer Discretionary | 0.82% |
| 4 | Financials | 0.79% |
| 5 | Healthcare | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3976
CALL
Mueller Industries
MLI
$13.9B
| $4.97M | ﹤0.01% |
125,200
-43,600
| -26% | -$1.65M |
|
3977
PUT
Photronics
PLAB
$1.64B
| $4.97M | ﹤0.01% |
264,100
+200,800
| +317% | +$3.76M |
|
3978
ProShares Short Bitcoin Strategy ETF
BITI
$113M
| $4.97M | ﹤0.01% |
252,419
-62,093
| -20% | -$1.35M |
|
3979
Blackstone Mortgage Trust
BXMT
$2.31B
| $4.97M | ﹤0.01% |
258,296
+38,757
| +18% | +$735K |
|
3980
CALL
Icahn Enterprises
IEP
$4.82B
| $4.97M | ﹤0.01% |
617,500
+136,000
| +28% | +$1.16M |
|
3981
Vaxcyte
PCVX
$8.9B
| $4.97M | ﹤0.01% |
152,852
-165,486
| -52% | -$5.42M |
|
3982
Cogent Communications
CCOI
$486M
| $4.97M | ﹤0.01% |
103,057
+39,086
| +61% | +$1.98M |
|
3983
Signet Jewelers
SIG
$3.21B
| $4.97M | ﹤0.01% |
62,440
-25,936
| -29% | -$1.72M |
|
3984
CALL
Encompass Health
EHC
$11.9B
| $4.97M | ﹤0.01% |
40,500
+14,700
| +57% | +$1.68M |
|
3985
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$458M
| $4.96M | ﹤0.01% |
77,600
+34,600
| +80% | +$2.21M |
|
3986
State Street SPDR S&P Metals & Mining ETF
XME
$4.74B
| $4.96M | ﹤0.01% |
73,795
-15,457
| -17% | -$918K |
|
3987
PUT
Academy Sports + Outdoors
ASO
$2.7B
| $4.96M | ﹤0.01% |
110,600
+36,100
| +48% | +$1.5M |
|
3988
Hasbro
HAS
$13.3B
| $4.96M | ﹤0.01% |
67,135
+21,980
| +49% | +$1.39M |
|
|
ESGR
3989
DELISTED
Enstar Group
ESGR
| $4.95M | ﹤0.01% |
14,727
-1,814
| -11% | -$607K |
|
3990
CALL
Dana Inc
DAN
$3.26B
| $4.95M | ﹤0.01% |
288,700
+16,300
| +6% | +$243K |
|
3991
PUT
Plains GP Holdings
PAGP
$5.54B
| $4.95M | ﹤0.01% |
254,800
-126,200
| -33% | -$2.35M |
|
3992
Corning
GLW
$128B
| $4.94M | ﹤0.01% |
94,005
-253,097
| -73% | -$11.8M |
|
3993
State Street SPDR Portfolio Europe ETF
SPEU
$741M
| $4.94M | ﹤0.01% |
102,006
+86,005
| +537% | +$3.98M |
|
3994
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $4.94M | ﹤0.01% |
41,502
-59,336
| -59% | -$7M |
|
3995
CoreCivic
CXW
$3.34B
| $4.94M | ﹤0.01% |
234,417
+6,364
| +3% | +$137K |
|
|
SEZL
3996
Sezzle
SEZL
$4.18B
| $4.94M | ﹤0.01% |
27,534
+10,594
| +63% | +$938K |
|
3997
iShares Russell 2500 ETF
SMMD
$3.78B
| $4.93M | ﹤0.01% |
72,722
-40,643
| -36% | -$2.58M |
|
3998
CALL
Kodak
KODK
$885M
| $4.93M | ﹤0.01% |
872,300
+289,700
| +50% | +$1.74M |
|
|
NXH
3999
CALL
Neighborhood Intelligence Inc
NXH
$375M
| $4.93M | ﹤0.01% |
787,600
+185,350
| +31% | +$898K |
|
4000
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.35B
| $4.92M | ﹤0.01% |
32,616
+25,175
| +338% | +$3.46M |
|
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's Q2 2025 filing shows 1,720 new, 5,716 increased, 5,055 reduced and 1,538 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B.
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 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.