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 | |
|---|---|---|---|---|---|---|
3976
PUT
Gulfport Energy Corp
GPOR
$3.12B
| $5.14M | ﹤0.01% |
24,700
-27,900
| -53% | -$5.56M |
|
3977
PUT
Comstock Resources
CRK
$4.2B
| $5.13M | ﹤0.01% |
221,300
-13,200
| -6% | -$291K |
|
3978
iShares Global Tech ETF
IXN
$9.5B
| $5.13M | ﹤0.01% |
+48,818
| New | +$5.15M |
|
|
VOYG
3979
PUT
Voyager Technologies
VOYG
$2.09B
| $5.12M | ﹤0.01% |
196,000
-68,300
| -26% | -$1.85M |
|
3980
PUT
Lantheus
LNTH
$6.58B
| $5.12M | ﹤0.01% |
76,900
-24,000
| -24% | -$1.4M |
|
3981
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.34B
| $5.12M | ﹤0.01% |
35,500
-25,700
| -42% | -$3.52M |
|
3982
PIMCO RAFI Multi-Factor International Equity ETF
MFDX
$469M
| $5.12M | ﹤0.01% |
+133,117
| New | +$5M |
|
3983
iShares US Insurance ETF
IAK
$530M
| $5.11M | ﹤0.01% |
37,551
+13,760
| +58% | +$1.82M |
|
3984
CALL
Zymeworks
ZYME
$2.02B
| $5.11M | ﹤0.01% |
194,100
+39,900
| +26% | +$870K |
|
3985
CALL
LCI Industries
LCII
$2.5B
| $5.11M | ﹤0.01% |
42,100
+36,800
| +694% | +$3.91M |
|
3986
PUT
Brookfield
BN
$92.3B
| $5.11M | ﹤0.01% |
111,300
-331,950
| -75% | -$15.1M |
|
3987
PUT
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.39B
| $5.11M | ﹤0.01% |
8,157
-2,922
| -26% | -$2.15M |
|
3988
Ameren
AEE
$29.4B
| $5.1M | ﹤0.01% |
51,083
-29,961
| -37% | -$3.07M |
|
3989
PUT
ProShares UltraPro Russell2000
URTY
$325M
| $5.1M | ﹤0.01% |
95,900
-1,100
| -1% | -$59.5K |
|
3990
First Trust US Equity Opportunities ETF
FPX
$1.48B
| $5.1M | ﹤0.01% |
31,157
+5,202
| +20% | +$854K |
|
3991
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.7B
| $5.09M | ﹤0.01% |
71,302
+50,700
| +246% | +$3.8M |
|
3992
CALL
Stratasys
SSYS
$678M
| $5.08M | ﹤0.01% |
585,600
+143,500
| +32% | +$1.42M |
|
3993
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.6B
| $5.08M | ﹤0.01% |
61,500
-500
| -0.8% | -$41.1K |
|
|
CGIC
3994
Capital Group International Core Equity ETF
CGIC
$2.47B
| $5.07M | ﹤0.01% |
156,153
+146,193
| +1,468% | +$4.61M |
|
3995
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.52B
| $5.07M | ﹤0.01% |
87,836
+39,499
| +82% | +$2.26M |
|
3996
Nasdaq
NDAQ
$55.5B
| $5.07M | ﹤0.01% |
52,206
-6,611
| -11% | -$595K |
|
3997
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$160M
| $5.07M | ﹤0.01% |
51,025
+29,580
| +138% | +$2.92M |
|
3998
CALL
Finance of America Companies
FOA
$166M
| $5.07M | ﹤0.01% |
209,400
-234,200
| -53% | -$5.33M |
|
3999
PUT
Vanguard Health Care ETF
VHT
$19.3B
| $5.07M | ﹤0.01% |
17,600
-10,700
| -38% | -$2.99M |
|
|
GRMN
4000
Garmin
GRMN
$55B
| $5.06M | ﹤0.01% |
24,964
+1,101
| +5% | +$239K |
|
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.