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 | |
|---|---|---|---|---|---|---|
4026
PTC
PTC
$17.1B
| $4.99M | ﹤0.01% |
28,615
+14,798
| +107% | +$2.75M |
|
4027
CALL
Lincoln Electric
LECO
$15.5B
| $4.98M | ﹤0.01% |
20,800
+5,700
| +38% | +$1.35M |
|
4028
Stellantis
STLA
$20.4B
| $4.98M | ﹤0.01% |
457,583
-512,685
| -53% | -$5.51M |
|
4029
CALL
Vermilion Energy
VET
$1.9B
| $4.98M | ﹤0.01% |
596,700
+32,800
| +6% | +$271K |
|
4030
KeyCorp
KEY
$23.4B
| $4.97M | ﹤0.01% |
240,755
-202,919
| -46% | -$3.78M |
|
|
SVM
4031
Silvercorp Metals
SVM
$2.82B
| $4.97M | ﹤0.01% |
595,660
-776,432
| -57% | -$5.64M |
|
|
WCC
4032
PUT
WESCO International
WCC
$16.4B
| $4.97M | ﹤0.01% |
20,300
-5,700
| -22% | -$1.4M |
|
4033
CALL
Better Home & Finance Holding
BETR
$263M
| $4.97M | ﹤0.01% |
152,400
+86,500
| +131% | +$4.68M |
|
4034
CALL
Murphy USA
MUSA
$9.25B
| $4.96M | ﹤0.01% |
12,300
+1,100
| +10% | +$422K |
|
4035
PUT
iShares S&P 500 Value ETF
IVE
$50.2B
| $4.96M | ﹤0.01% |
23,400
-6,500
| -22% | -$1.36M |
|
|
JKS
4036
PUT
JinkoSolar
JKS
$709M
| $4.95M | ﹤0.01% |
191,900
-110,200
| -36% | -$2.81M |
|
4037
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.08B
| $4.95M | ﹤0.01% |
35,084
+7,132
| +26% | +$1.01M |
|
4038
PUT
Organon & Co
OGN
$3.61B
| $4.95M | ﹤0.01% |
690,700
+161,100
| +30% | +$1.27M |
|
4039
WesBanco
WSBC
$3.88B
| $4.95M | ﹤0.01% |
148,961
+29,199
| +24% | +$944K |
|
4040
CALL
Vicor
VICR
$8.66B
| $4.94M | ﹤0.01% |
45,100
+28,500
| +172% | +$2.42M |
|
4041
Altimmune
ALT
$605M
| $4.94M | ﹤0.01% |
1,369,017
-5,165
| -0.4% | -$22.5K |
|
4042
PUT
Trupanion
TRUP
$1.3B
| $4.94M | ﹤0.01% |
132,100
-33,400
| -20% | -$1.31M |
|
4043
PUT
Corpay
CPAY
$26.8B
| $4.94M | ﹤0.01% |
16,400
+9,100
| +125% | +$2.64M |
|
4044
PUT
Globus Medical
GMED
$11.1B
| $4.92M | ﹤0.01% |
56,400
+48,900
| +652% | +$3.71M |
|
4045
PUT
Penske Automotive Group
PAG
$14.2B
| $4.92M | ﹤0.01% |
31,100
+1,200
| +4% | +$197K |
|
4046
CALL
Star Bulk Carriers
SBLK
$3.4B
| $4.91M | ﹤0.01% |
255,600
+25,800
| +11% | +$482K |
|
|
BRR
4047
ProCap Financial Inc
BRR
$196M
| $4.91M | ﹤0.01% |
1,390,202
+732,876
| +111% | +$5.85M |
|
4048
CALL
Sanmina
SANM
$10.4B
| $4.91M | ﹤0.01% |
32,700
-92,900
| -74% | -$13.7M |
|
4049
CALL
Aurora
AUR
$11.7B
| $4.9M | ﹤0.01% |
1,277,000
+696,200
| +120% | +$3.19M |
|
4050
PUT
Vanguard Dividend Appreciation ETF
VIG
$113B
| $4.9M | ﹤0.01% |
22,300
-44,500
| -67% | -$9.72M |
|
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.