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 | |
|---|---|---|---|---|---|---|
4076
PUT
Critical Metals Corp
CRML
$1.05B
| $4.83M | ﹤0.01% |
696,600
+522,200
| +299% | +$5.69M |
|
4077
Immersion
IMMR
$254M
| $4.83M | ﹤0.01% |
710,853
+315,965
| +80% | +$2.14M |
|
|
SGI
4078
PUT
Somnigroup International
SGI
$13.5B
| $4.83M | ﹤0.01% |
54,100
-2,600
| -5% | -$227K |
|
4079
WisdomTree Bitcoin Fund
BTCW
$179M
| $4.83M | ﹤0.01% |
52,105
+45,206
| +655% | +$4.79M |
|
4080
Lucid Motors
LCID
$1.97B
| $4.83M | ﹤0.01% |
456,841
-290,144
| -39% | -$4.64M |
|
|
GRRR
4081
PUT
Gorilla Technology Group
GRRR
$396M
| $4.83M | ﹤0.01% |
442,000
-309,000
| -41% | -$4.6M |
|
4082
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.26B
| $4.82M | ﹤0.01% |
105,887
-6,479
| -6% | -$299K |
|
4083
CALL
Aurinia Pharmaceuticals
AUPH
$2.17B
| $4.82M | ﹤0.01% |
302,200
-107,200
| -26% | -$1.52M |
|
4084
Vanguard Dividend Appreciation ETF
VIG
$113B
| $4.82M | ﹤0.01% |
21,921
+16,094
| +276% | +$3.52M |
|
|
GAP
4085
The Gap Inc
GAP
$8.45B
| $4.82M | ﹤0.01% |
188,103
-832,837
| -82% | -$20.2M |
|
4086
Hartford Financial Services
HIG
$37.5B
| $4.81M | ﹤0.01% |
34,940
+908
| +3% | +$120K |
|
|
SEZL
4087
Sezzle
SEZL
$4.18B
| $4.81M | ﹤0.01% |
75,826
+55,614
| +275% | +$3.79M |
|
4088
PUT
Vanguard Total World Stock ETF
VT
$81.2B
| $4.81M | ﹤0.01% |
34,100
+8,900
| +35% | +$1.24M |
|
4089
CALL
Caleres
CAL
$419M
| $4.81M | ﹤0.01% |
395,200
+337,600
| +586% | +$4.15M |
|
4090
CALL
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.92B
| $4.8M | ﹤0.01% |
41,900
+33,300
| +387% | +$3.84M |
|
4091
CALL
Dine Brands
DIN
$425M
| $4.8M | ﹤0.01% |
149,400
-89,200
| -37% | -$2.59M |
|
4092
PUT
Banco Bradesco
BBD
$34.4B
| $4.8M | ﹤0.01% |
1,441,200
-603,500
| -30% | -$2.05M |
|
|
SW
4093
CALL
Smurfit Westrock
SW
$25.3B
| $4.79M | ﹤0.01% |
123,800
-127,700
| -51% | -$4.87M |
|
|
CHYM
4094
PUT
Chime Financial
CHYM
$12.6B
| $4.78M | ﹤0.01% |
190,000
+14,700
| +8% | +$312K |
|
4095
PUT
Red Rock Resorts
RRR
$3.37B
| $4.78M | ﹤0.01% |
77,100
+60,300
| +359% | +$3.53M |
|
4096
UWM Holdings
UWMC
$2.39B
| $4.77M | ﹤0.01% |
1,089,727
-148,478
| -12% | -$799K |
|
|
VZLA
4097
PUT
Vizsla Silver
VZLA
$1.4B
| $4.77M | ﹤0.01% |
+872,200
| New | +$4.1M |
|
4098
SM Energy
SM
$8.71B
| $4.76M | ﹤0.01% |
254,723
+212,673
| +506% | +$4.31M |
|
4099
PUT
Valley National Bancorp
VLY
$7.69B
| $4.76M | ﹤0.01% |
407,700
+186,700
| +84% | +$2.07M |
|
|
VOYG
4100
Voyager Technologies
VOYG
$2.09B
| $4.76M | ﹤0.01% |
182,082
-95,274
| -34% | -$2.58M |
|
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.