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 | |
|---|---|---|---|---|---|---|
|
SERV
4001
Serve Robotics
SERV
$436M
| $4.92M | ﹤0.01% |
430,179
-396,486
| -48% | -$3.48M |
|
4002
PUT
Aecom
ACM
$8.9B
| $4.92M | ﹤0.01% |
43,600
-3,300
| -7% | -$343K |
|
4003
CALL
Vanguard Total International Stock ETF
VXUS
$163B
| $4.92M | ﹤0.01% |
71,200
-29,300
| -29% | -$1.9M |
|
4004
PUT
-1x Short VIX Futures ETF
SVIX
$161M
| $4.92M | ﹤0.01% |
317,000
-5,600
| -2% | -$77.6K |
|
|
RDFN
4005
DELISTED
Redfin
RDFN
| $4.92M | ﹤0.01% |
439,308
+155,555
| +55% | +$1.53M |
|
4006
Charles River Laboratories
CRL
$13.9B
| $4.92M | ﹤0.01% |
32,398
-5,981
| -16% | -$798K |
|
4007
CALL
Vanguard FTSE Europe ETF
VGK
$30.9B
| $4.91M | ﹤0.01% |
63,400
-1,600
| -2% | -$118K |
|
4008
CALL
Corpay
CPAY
$26.8B
| $4.91M | ﹤0.01% |
14,800
+1,900
| +15% | +$620K |
|
|
ETHE
4009
CALL
Grayscale Ethereum Staking ETF Shares
ETHE
$1.86B
| $4.91M | ﹤0.01% |
+235,400
| New | +$4.29M |
|
4010
Prestige Consumer Healthcare
PBH
$2.49B
| $4.91M | ﹤0.01% |
61,456
-7,687
| -11% | -$643K |
|
4011
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$256M
| $4.91M | ﹤0.01% |
95,500
-21,800
| -19% | -$1.09M |
|
4012
CALL
UGI
UGI
$8.15B
| $4.9M | ﹤0.01% |
134,500
-66,900
| -33% | -$2.3M |
|
4013
ImmunityBio
IBRX
$8.53B
| $4.89M | ﹤0.01% |
1,851,908
+1,078,437
| +139% | +$2.9M |
|
4014
CALL
AutoNation
AN
$6.62B
| $4.89M | ﹤0.01% |
24,600
+4,000
| +19% | +$722K |
|
4015
First Trust Smith Unconstrained Bond ETF
UCON
$3.27B
| $4.88M | ﹤0.01% |
196,194
-96,259
| -33% | -$2.38M |
|
4016
Rhythm Pharmaceuticals
RYTM
$7.38B
| $4.88M | ﹤0.01% |
77,262
-5,718
| -7% | -$350K |
|
|
HPP
4017
PUT
Hudson Pacific Properties
HPP
$713M
| $4.88M | ﹤0.01% |
254,514
+179,243
| +238% | +$2.91M |
|
|
HUYA
4018
Huya Inc
HUYA
$498M
| $4.88M | ﹤0.01% |
1,385,551
+543,885
| +65% | +$1.97M |
|
4019
StepStone Group
STEP
$4.14B
| $4.88M | ﹤0.01% |
87,859
-6,473
| -7% | -$347K |
|
4020
Allegiant Air
ALGT
$2.16B
| $4.87M | ﹤0.01% |
88,564
+66,211
| +296% | +$3.41M |
|
4021
PUT
Lithia Motors
LAD
$8.14B
| $4.86M | ﹤0.01% |
14,400
-11,600
| -45% | -$3.59M |
|
4022
Arrowhead Research
ARWR
$12B
| $4.86M | ﹤0.01% |
307,745
+18,369
| +6% | +$264K |
|
4023
CALL
BlackBerry
BB
$4.78B
| $4.85M | ﹤0.01% |
1,059,300
-1,052,000
| -50% | -$3.97M |
|
4024
Unifirst Corp
UNF
$5.1B
| $4.84M | ﹤0.01% |
25,694
+3,129
| +14% | +$568K |
|
4025
Graham Holdings Company
GHC
$4.92B
| $4.83M | ﹤0.01% |
5,110
+1,225
| +32% | +$1.15M |
|
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.