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 | |
|---|---|---|---|---|---|---|
4201
CALL
RenaissanceRe
RNR
$13.7B
| $4.42M | ﹤0.01% |
18,200
+4,600
| +34% | +$1.11M |
|
4202
Tower Semiconductor
TSEM
$23.5B
| $4.42M | ﹤0.01% |
101,964
+86,061
| +541% | +$3.3M |
|
4203
CALL
Lucid Motors
LCID
$1.97B
| $4.42M | ﹤0.01% |
209,460
-226,380
| -52% | -$5.42M |
|
4204
JPMorgan BetaBuilders US Treasury Bond 1-3 Year ETF
BBSB
$55.1M
| $4.42M | ﹤0.01% |
44,541
-15,598
| -26% | -$1.54M |
|
4205
PUT
Organon & Co
OGN
$3.61B
| $4.41M | ﹤0.01% |
456,000
-65,700
| -13% | -$678K |
|
4206
CALL
B&G Foods
BGS
$286M
| $4.41M | ﹤0.01% |
1,043,500
+50,800
| +5% | +$265K |
|
4207
PUT
NETGEAR
NTGR
$573M
| $4.41M | ﹤0.01% |
151,800
+83,500
| +122% | +$2.24M |
|
4208
CALL
Shoals Technologies Group
SHLS
$1.2B
| $4.41M | ﹤0.01% |
1,037,700
+194,400
| +23% | +$845K |
|
4209
CALL
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.3B
| $4.41M | ﹤0.01% |
26,800
-4,700
| -15% | -$744K |
|
4210
CALL
Praxis Precision Medicines
PRAX
$9.63B
| $4.41M | ﹤0.01% |
104,800
-6,000
| -5% | -$228K |
|
4211
International Seaways
INSW
$4.89B
| $4.41M | ﹤0.01% |
120,772
-15,368
| -11% | -$551K |
|
4212
CALL
ZTO Express
ZTO
$16.3B
| $4.41M | ﹤0.01% |
248,200
-129,600
| -34% | -$2.35M |
|
|
VISN
4213
Vistance Networks Inc
VISN
$1.4B
| $4.41M | ﹤0.01% |
532,058
+197,678
| +59% | +$1.03M |
|
4214
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.31B
| $4.4M | ﹤0.01% |
+64,000
| New | +$4.02M |
|
4215
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $4.4M | ﹤0.01% |
40,538
-140,228
| -78% | -$13.8M |
|
4216
CALL
Evolv Technologies
EVLV
$949M
| $4.39M | ﹤0.01% |
704,300
+431,500
| +158% | +$2M |
|
4217
Kontoor Brands
KTB
$4.21B
| $4.39M | ﹤0.01% |
66,588
-11,711
| -15% | -$757K |
|
4218
CALL
iShares US Financial Services ETF
IYG
$2.23B
| $4.39M | ﹤0.01% |
51,300
+6,400
| +14% | +$508K |
|
4219
CALL
ACV Auctions
ACVA
$1.22B
| $4.39M | ﹤0.01% |
270,400
-44,200
| -14% | -$688K |
|
4220
CALL
Constellium
CSTM
$3.66B
| $4.38M | ﹤0.01% |
329,600
+241,400
| +274% | +$2.71M |
|
4221
Vanguard Industrials ETF
VIS
$8.07B
| $4.38M | ﹤0.01% |
15,635
+6,265
| +67% | +$1.62M |
|
4222
CALL
Avantor
AVTR
$9.86B
| $4.38M | ﹤0.01% |
325,300
-132,300
| -29% | -$1.81M |
|
4223
Genius Sports
GENI
$2.15B
| $4.38M | ﹤0.01% |
420,925
+298,632
| +244% | +$2.98M |
|
4224
CALL
T-Rex 2X Inverse Tesla Daily Target ETF
TSLZ
$28.2M
| $4.38M | ﹤0.01% |
132,615
+114,225
| +621% | +$5.42M |
|
4225
PUT
Xperi
XPER
$293M
| $4.38M | ﹤0.01% |
553,100
+197,800
| +56% | +$1.49M |
|
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.