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 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$17.9B
| $244M | 0.03% |
9,720,800
-878,100
| -8% | -$14.1M |
|
402
PUT
JD.com
JD
$39.6B
| $243M | 0.03% |
7,441,300
+2,658,100
| +56% | +$90.7M |
|
403
PUT
GameStop
GME
$8.1B
| $242M | 0.03% |
9,927,600
+4,172,600
| +73% | +$112M |
|
404
CALL
DraftKings
DKNG
$12.8B
| $242M | 0.03% |
5,641,600
-142,700
| -2% | -$5.12M |
|
405
Costco
COST
$428B
| $240M | 0.03% |
242,252
+137,334
| +131% | +$137M |
|
406
PUT
Albemarle
ALB
$17B
| $237M | 0.03% |
3,778,700
+1,924,700
| +104% | +$114M |
|
407
CALL
Unity
U
$20.4B
| $236M | 0.03% |
9,757,200
+307,400
| +3% | +$6.76M |
|
408
PUT
Arista Networks
ANET
$238B
| $235M | 0.03% |
2,300,800
+526,200
| +30% | +$45.5M |
|
409
CALL
S&P Global
SPGI
$129B
| $235M | 0.03% |
446,400
-93,700
| -17% | -$46.8M |
|
|
410
PUT
DraftKings
DKNG
$12.8B
| $235M | 0.03% |
5,486,600
+1,896,900
| +53% | +$68M |
|
|
411
CALL
JD.com
JD
$39.6B
| $235M | 0.03% |
7,199,200
-2,734,400
| -28% | -$93.3M |
|
412
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $235M | 0.03% |
772,700
+245,200
| +46% | +$69M |
|
413
PUT
AST SpaceMobile
ASTS
$19.6B
| $234M | 0.03% |
5,014,200
+2,419,200
| +93% | +$70M |
|
414
PUT
Apollo Global Management
APO
$78.5B
| $234M | 0.03% |
1,650,400
+119,500
| +8% | +$15.8M |
|
415
PUT
Affirm
AFRM
$26.2B
| $232M | 0.03% |
3,354,500
-70,400
| -2% | -$3.65M |
|
416
CALL
KLA
KLAC
$232B
| $231M | 0.03% |
2,581,000
-413,000
| -14% | -$31.1M |
|
417
CALL
Medtronic
MDT
$119B
| $229M | 0.03% |
2,627,400
+1,419,400
| +118% | +$120M |
|
418
PUT
NextEra Energy
NEE
$174B
| $229M | 0.03% |
3,298,400
+1,591,500
| +93% | +$111M |
|
419
CALL
KKR & Co
KKR
$97.8B
| $228M | 0.03% |
1,714,500
+674,000
| +65% | +$78.9M |
|
420
CALL
iShares US Real Estate ETF
IYR
$4.64B
| $228M | 0.03% |
2,405,500
+1,323,100
| +122% | +$123M |
|
421
Advanced Micro Devices
AMD
$745B
| $228M | 0.03% |
1,606,012
+97,864
| +6% | +$10.7M |
|
422
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $227M | 0.03% |
1,251,100
-205,300
| -14% | -$35.4M |
|
423
CALL
Celsius Holdings
CELH
$8.77B
| $227M | 0.03% |
4,900,800
-3,593,700
| -42% | -$138M |
|
|
FISV
424
CALL
Fiserv Inc
FISV
$28.2B
| $226M | 0.03% |
1,312,800
+667,300
| +103% | +$121M |
|
425
PUT
Quanta Services
PWR
$91.9B
| $225M | 0.03% |
595,900
+461,800
| +344% | +$148M |
|
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 deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- 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.