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 | |
|---|---|---|---|---|---|---|
4226
JPMorgan BetaBuilders Japan ETF
BBJP
$19.1B
| $4.37M | ﹤0.01% |
70,802
+47,923
| +209% | +$2.8M |
|
4227
NiSource
NI
$19.5B
| $4.37M | ﹤0.01% |
108,429
-72,861
| -40% | -$2.86M |
|
4228
PUT
CVR Energy
CVI
$4.2B
| $4.37M | ﹤0.01% |
162,900
+137,900
| +552% | +$3.04M |
|
4229
State Street SPDR S&P Aerospace & Defense ETF
XAR
$5.96B
| $4.37M | ﹤0.01% |
20,730
+18,895
| +1,030% | +$3.42M |
|
4230
Genworth Financial
GNW
$3.77B
| $4.37M | ﹤0.01% |
561,728
-9,471
| -2% | -$66.2K |
|
4231
PUT
Corebridge Financial
CRBG
$14.5B
| $4.37M | ﹤0.01% |
123,100
-99,400
| -45% | -$3.09M |
|
4232
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$698M
| $4.37M | ﹤0.01% |
70,450
+5,212
| +8% | +$303K |
|
4233
PUT
ProShares Ultra Semiconductors
USD
$2.6B
| $4.37M | ﹤0.01% |
118,000
-166,800
| -59% | -$4.17M |
|
4234
ProShares UltraShort Bloomberg Crude Oil
SCO
$746M
| $4.36M | ﹤0.01% |
+60,421
| New | +$4.72M |
|
|
DQ
4235
PUT
Daqo New Energy
DQ
$926M
| $4.36M | ﹤0.01% |
287,100
-33,000
| -10% | -$469K |
|
|
BRSL
4236
PUT
Brightstar Lottery PLC
BRSL
$2.11B
| $4.35M | ﹤0.01% |
275,200
+43,900
| +19% | +$690K |
|
4237
PUT
Navios Maritime Partners
NMM
$2.48B
| $4.35M | ﹤0.01% |
115,400
+41,200
| +56% | +$1.52M |
|
|
PPL
4238
CALL
PPL Corp
PPL
$25.7B
| $4.35M | ﹤0.01% |
128,300
-866,900
| -87% | -$30.2M |
|
4239
PUT
FuboTV Inc
FUBO
$311M
| $4.35M | ﹤0.01% |
93,817
-16,325
| -15% | -$611K |
|
|
SAND
4240
DELISTED
Sandstorm Gold
SAND
| $4.34M | ﹤0.01% |
462,225
+158,978
| +52% | +$1.36M |
|
4241
Henry Schein
HSIC
$9.98B
| $4.34M | ﹤0.01% |
59,472
-28,540
| -32% | -$1.96M |
|
4242
CALL
Manhattan Associates
MANH
$13B
| $4.34M | ﹤0.01% |
22,000
-12,200
| -36% | -$2.21M |
|
4243
PUT
UroGen Pharma
URGN
$2.13B
| $4.34M | ﹤0.01% |
317,100
+284,300
| +867% | +$2.73M |
|
4244
Brunswick
BC
$4.97B
| $4.34M | ﹤0.01% |
78,617
+62,176
| +378% | +$3.14M |
|
4245
CALL
Aehr Test Systems
AEHR
$2.64B
| $4.34M | ﹤0.01% |
335,800
+248,800
| +286% | +$2.37M |
|
4246
Acadia Pharmaceuticals
ACAD
$5.02B
| $4.34M | ﹤0.01% |
201,270
-224,200
| -53% | -$4.17M |
|
4247
PUT
Porch Group
PRCH
$1.98B
| $4.34M | ﹤0.01% |
368,100
+332,000
| +920% | +$2.85M |
|
4248
Tanger
SKT
$4.33B
| $4.33M | ﹤0.01% |
141,598
+11,456
| +9% | +$351K |
|
4249
Franklin FTSE Eurozone ETF
FLEU
$73.1M
| $4.33M | ﹤0.01% |
+139,969
| New | +$4.09M |
|
|
VISN
4250
PUT
Vistance Networks Inc
VISN
$1.4B
| $4.33M | ﹤0.01% |
522,500
+129,300
| +33% | +$677K |
|
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.