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 | |
|---|---|---|---|---|---|---|
|
PPL
4001
PPL Corp
PPL
$25.7B
| $5.06M | ﹤0.01% |
144,584
-117,304
| -45% | -$4.23M |
|
4002
Hormel Foods
HRL
$11.9B
| $5.05M | ﹤0.01% |
213,118
-301,968
| -59% | -$7.05M |
|
4003
PUT
iShares Russell 1000 ETF
IWB
$49.1B
| $5.04M | ﹤0.01% |
13,500
-2,500
| -16% | -$926K |
|
4004
CALL
FirstService
FSV
$6.18B
| $5.04M | ﹤0.01% |
32,400
+30,900
| +2,060% | +$5.03M |
|
4005
CALL
iShares Core MSCI EAFE ETF
IEFA
$195B
| $5.04M | ﹤0.01% |
56,300
-10,200
| -15% | -$902K |
|
4006
PUT
TransUnion
TRU
$16.4B
| $5.03M | ﹤0.01% |
58,700
+17,600
| +43% | +$1.45M |
|
4007
PUT
Yeti Holdings
YETI
$3.03B
| $5.03M | ﹤0.01% |
113,900
-50,600
| -31% | -$1.95M |
|
4008
ProShares Short Bitcoin Strategy ETF
BITI
$113M
| $5.03M | ﹤0.01% |
217,087
+174,230
| +407% | +$3.64M |
|
4009
CALL
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $5.03M | ﹤0.01% |
90,100
+18,600
| +26% | +$1.06M |
|
4010
PUT
Chemours
CC
$2.35B
| $5.02M | ﹤0.01% |
426,200
+147,800
| +53% | +$1.9M |
|
4011
Kemper
KMPR
$1.65B
| $5.02M | ﹤0.01% |
123,943
+103,986
| +521% | +$4.45M |
|
|
SEMR
4012
DELISTED
Semrush
SEMR
| $5.02M | ﹤0.01% |
422,591
+328,944
| +351% | +$3.08M |
|
4013
Expeditors International
EXPD
$24.8B
| $5.02M | ﹤0.01% |
33,695
+16,308
| +94% | +$2.22M |
|
4014
PUT
Warby Parker
WRBY
$3.09B
| $5.02M | ﹤0.01% |
230,200
+153,100
| +199% | +$3.33M |
|
4015
Babcock & Wilcox
BW
$1.07B
| $5.02M | ﹤0.01% |
791,043
+450,609
| +132% | +$2.22M |
|
|
CCC
4016
CCC Intelligent Solutions
CCC
$4.41B
| $5.01M | ﹤0.01% |
630,787
-2,185,528
| -78% | -$17.8M |
|
|
WYFI
4017
CALL
WhiteFiber Inc
WYFI
$690M
| $5.01M | ﹤0.01% |
317,000
+276,700
| +687% | +$6.84M |
|
4018
CALL
NNN REIT
NNN
$8.77B
| $5.01M | ﹤0.01% |
126,300
+53,700
| +74% | +$2.2M |
|
4019
DaVita
DVA
$11.5B
| $5M | ﹤0.01% |
44,038
+678
| +2% | +$82.4K |
|
4020
Allegion
ALLE
$13.4B
| $5M | ﹤0.01% |
31,408
-9,970
| -24% | -$1.66M |
|
4021
DHT Holdings
DHT
$3.17B
| $5M | ﹤0.01% |
409,403
+359,076
| +713% | +$4.52M |
|
4022
Magnite
MGNI
$3.4B
| $4.99M | ﹤0.01% |
307,607
-305,378
| -50% | -$5.07M |
|
4023
Direxion Daily MSFT Bull 2X ETF
MSFU
$682M
| $4.99M | ﹤0.01% |
120,379
+18,024
| +18% | +$857K |
|
4024
CALL
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$335M
| $4.99M | ﹤0.01% |
78,100
-64,300
| -45% | -$4.23M |
|
4025
CALL
W.R. Berkley
WRB
$25.4B
| $4.99M | ﹤0.01% |
71,100
-53,100
| -43% | -$3.91M |
|
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.