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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $310M | 0.04% |
3,095,000
-864,300
| -22% | -$77.8M |
|
402
CALL
Datadog
DDOG
$81.8B
| $310M | 0.04% |
2,173,500
-1,599,700
| -42% | -$220M |
|
403
PUT
IonQ
IONQ
$16.7B
| $308M | 0.04% |
5,006,900
+3,131,800
| +167% | +$147M |
|
|
SCHW
404
CALL
Charles Schwab
SCHW
$196B
| $304M | 0.03% |
3,187,900
-298,600
| -9% | -$28.3M |
|
405
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $304M | 0.03% |
2,729,700
+2,349,900
| +619% | +$258M |
|
406
PUT
Philip Morris
PM
$296B
| $304M | 0.03% |
1,871,600
-94,400
| -5% | -$15.9M |
|
407
JPMorgan Chase
JPM
$947B
| $302M | 0.03% |
956,347
+189,978
| +25% | +$56.5M |
|
408
CALL
Riot Platforms
RIOT
$7.45B
| $301M | 0.03% |
15,818,400
+5,494,100
| +53% | +$76.1M |
|
409
PUT
Altria Group
MO
$114B
| $300M | 0.03% |
4,544,100
+1,255,100
| +38% | +$79.5M |
|
410
CALL
Humana
HUM
$46.4B
| $299M | 0.03% |
1,150,000
-89,400
| -7% | -$23.5M |
|
|
SCHW
411
PUT
Charles Schwab
SCHW
$196B
| $298M | 0.03% |
3,118,300
+347,300
| +13% | +$33M |
|
412
CALL
Lyft
LYFT
$6.68B
| $297M | 0.03% |
13,479,800
+7,561,900
| +128% | +$127M |
|
|
AXON
413
CALL
Axon Enterprise
AXON
$48.7B
| $295M | 0.03% |
411,300
+86,300
| +27% | +$65.5M |
|
414
CALL
Duolingo
DUOL
$6.84B
| $295M | 0.03% |
915,500
+795,400
| +662% | +$266M |
|
415
CALL
DraftKings
DKNG
$12.8B
| $292M | 0.03% |
7,806,000
+2,164,400
| +38% | +$96M |
|
416
PUT
Newmont
NEM
$139B
| $291M | 0.03% |
3,456,600
-1,155,100
| -25% | -$80.6M |
|
417
PUT
TJX Companies
TJX
$155B
| $291M | 0.03% |
2,012,300
+786,500
| +64% | +$104M |
|
418
PUT
Carnival Corporation Ltd
CCL
$35.4B
| $289M | 0.03% |
10,011,800
+1,165,400
| +13% | +$35.2M |
|
419
PUT
Valero Energy
VLO
$100B
| $288M | 0.03% |
1,688,900
+873,400
| +107% | +$130M |
|
420
CALL
Blackrock
BLK
$181B
| $287M | 0.03% |
246,400
-182,400
| -43% | -$204M |
|
421
PUT
Workday
WDAY
$49.4B
| $287M | 0.03% |
1,191,000
-91,100
| -7% | -$21.1M |
|
422
PUT
Zscaler
ZS
$28.5B
| $286M | 0.03% |
953,400
-141,500
| -13% | -$40.3M |
|
423
PUT
Union Pacific
UNP
$184B
| $286M | 0.03% |
1,208,500
+348,700
| +41% | +$78.6M |
|
424
PUT
United Rentals
URI
$67.5B
| $284M | 0.03% |
297,700
+28,700
| +11% | +$25.6M |
|
425
SoFi Technologies
SOFI
$23.7B
| $284M | 0.03% |
10,743,114
+7,904,894
| +279% | +$188M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.