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 | |
|---|---|---|---|---|---|---|
4101
CALL
Clearway Energy Class C
CWEN
$6.52B
| $4.75M | ﹤0.01% |
142,900
+51,200
| +56% | +$1.7M |
|
4102
DXC Technology
DXC
$1.79B
| $4.75M | ﹤0.01% |
324,339
+209,700
| +183% | +$2.88M |
|
4103
Fox Class B
FOX
$25.8B
| $4.75M | ﹤0.01% |
73,174
+46,056
| +170% | +$2.69M |
|
4104
Kaiser Aluminum
KALU
$2.56B
| $4.75M | ﹤0.01% |
+41,341
| New | +$3.93M |
|
4105
Essex Property Trust
ESS
$18.3B
| $4.75M | ﹤0.01% |
18,138
+7,243
| +66% | +$1.87M |
|
4106
PUT
Immunome
IMNM
$3.13B
| $4.74M | ﹤0.01% |
220,900
+165,600
| +299% | +$2.91M |
|
4107
CALL
Mueller Industries
MLI
$13.9B
| $4.74M | ﹤0.01% |
82,600
-71,200
| -46% | -$3.83M |
|
4108
Broadstone Net Lease
BNL
$4.32B
| $4.74M | ﹤0.01% |
272,892
-60,357
| -18% | -$1.09M |
|
4109
CALL
Arch Capital
ACGL
$33.7B
| $4.74M | ﹤0.01% |
49,400
-5,400
| -10% | -$494K |
|
4110
CALL
Reliance Steel & Aluminium
RS
$19.8B
| $4.74M | ﹤0.01% |
16,400
-15,200
| -48% | -$4.27M |
|
|
CWVX
4111
CALL
Tradr 2X Long CRWV Daily ETF
CWVX
$81.9M
| $4.74M | ﹤0.01% |
216,600
+136,780
| +171% | +$7.72M |
|
4112
CoreCivic
CXW
$3.34B
| $4.73M | ﹤0.01% |
247,690
+178,622
| +259% | +$3.27M |
|
4113
Charles River Laboratories
CRL
$13.9B
| $4.73M | ﹤0.01% |
23,707
-9,491
| -29% | -$1.72M |
|
4114
PUT
PENN Entertainment
PENN
$2.33B
| $4.72M | ﹤0.01% |
320,000
-77,800
| -20% | -$1.21M |
|
|
PSIX
4115
PUT
Power Solutions International
PSIX
$837M
| $4.72M | ﹤0.01% |
82,600
-11,200
| -12% | -$799K |
|
4116
CALL
Cirrus Logic
CRUS
$5.44B
| $4.72M | ﹤0.01% |
39,800
-27,300
| -41% | -$3.36M |
|
4117
BlackRock US Equity Factor Rotation ETF
DYNF
$41.2B
| $4.72M | ﹤0.01% |
77,541
+72,016
| +1,303% | +$4.33M |
|
4118
PUT
LKQ Corp
LKQ
$6.46B
| $4.71M | ﹤0.01% |
156,100
+84,300
| +117% | +$2.54M |
|
4119
Bunge Global
BG
$22.2B
| $4.71M | ﹤0.01% |
52,852
-10,056
| -16% | -$927K |
|
|
VSOL
4120
VanEck Solana ETF
VSOL
$19.1M
| $4.71M | ﹤0.01% |
+291,086
| New | +$4.96M |
|
4121
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.96B
| $4.7M | ﹤0.01% |
93,174
+54,268
| +139% | +$2.78M |
|
4122
WisdomTree International Quality Dividend Growth Fund
IQDG
$729M
| $4.7M | ﹤0.01% |
113,242
+91,161
| +413% | +$3.68M |
|
4123
PUT
Wendy's
WEN
$1.58B
| $4.69M | ﹤0.01% |
563,400
-407,400
| -42% | -$3.52M |
|
|
PPIH
4124
Perma-Pipe International
PPIH
$216M
| $4.69M | ﹤0.01% |
154,567
+93,267
| +152% | +$2.56M |
|
4125
Hubbell
HUBB
$24.3B
| $4.69M | ﹤0.01% |
10,557
+525
| +5% | +$230K |
|
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.