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 | |
|---|---|---|---|---|---|---|
4226
CALL
Bit Digital
BTBT
$516M
| $4.41M | ﹤0.01% |
2,332,900
-1,125,400
| -33% | -$3.25M |
|
4227
SBA Communications
SBAC
$20.3B
| $4.41M | ﹤0.01% |
22,791
-25,336
| -53% | -$4.89M |
|
4228
PUT
Warrior Met Coal
HCC
$5.65B
| $4.4M | ﹤0.01% |
49,900
-61,700
| -55% | -$4.64M |
|
4229
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $4.4M | ﹤0.01% |
58,000
-35,900
| -38% | -$2.77M |
|
4230
CALL
Broadridge
BR
$20.9B
| $4.4M | ﹤0.01% |
19,700
-9,800
| -33% | -$2.24M |
|
|
RAL
4231
Ralliant Corp
RAL
$6.83B
| $4.39M | ﹤0.01% |
86,262
+43,643
| +102% | +$2.05M |
|
4232
CALL
Genius Sports
GENI
$2.15B
| $4.39M | ﹤0.01% |
398,300
-131,900
| -25% | -$1.44M |
|
|
SMLR
4233
CALL
DELISTED
Semler Scientific
SMLR
| $4.38M | ﹤0.01% |
286,700
+140,500
| +96% | +$3.19M |
|
4234
CenterPoint Energy
CNP
$25.8B
| $4.37M | ﹤0.01% |
114,091
+27,175
| +31% | +$1.06M |
|
|
VMRK
4235
Vivmark Residential
VMRK
$26.1B
| $4.37M | ﹤0.01% |
69,375
-26,491
| -28% | -$1.63M |
|
4236
PUT
PagSeguro Digital
PAGS
$2.45B
| $4.37M | ﹤0.01% |
453,500
-70,900
| -14% | -$680K |
|
4237
CALL
Digital Turbine
APPS
$1.34B
| $4.37M | ﹤0.01% |
874,000
-77,800
| -8% | -$440K |
|
4238
Direxion Daily FTSE China Bull 3X ETF
YINN
$670M
| $4.37M | ﹤0.01% |
102,518
-158,734
| -61% | -$7.54M |
|
|
4239
Broadridge
BR
$20.9B
| $4.37M | ﹤0.01% |
19,560
+9,960
| +104% | +$2.27M |
|
4240
iShares MSCI USA Equal Weighted ETF
EUSA
$1.94B
| $4.36M | ﹤0.01% |
42,200
+38,025
| +911% | +$3.91M |
|
4241
CALL
Weatherford International
WFRD
$6.72B
| $4.36M | ﹤0.01% |
55,700
-14,300
| -20% | -$1.04M |
|
4242
Schwab US REIT ETF
SCHH
$11.3B
| $4.35M | ﹤0.01% |
+208,393
| New | +$4.42M |
|
4243
CALL
Global Ship Lease
GSL
$1.6B
| $4.35M | ﹤0.01% |
124,200
+39,000
| +46% | +$1.27M |
|
4244
PUT
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.4B
| $4.35M | ﹤0.01% |
120,100
-24,100
| -17% | -$874K |
|
4245
TriMas Corp
TRS
$1.42B
| $4.35M | ﹤0.01% |
122,628
+54,938
| +81% | +$1.92M |
|
4246
Vanguard Communication Services ETF
VOX
$5.88B
| $4.34M | ﹤0.01% |
22,436
+15,151
| +208% | +$2.84M |
|
4247
POET Technologies
POET
$1.3B
| $4.34M | ﹤0.01% |
686,181
+217,018
| +46% | +$1.38M |
|
4248
iShares Russell Mid-Cap Value ETF
IWS
$15.8B
| $4.34M | ﹤0.01% |
30,751
+23,473
| +323% | +$3.28M |
|
4249
PUT
VanEck Pharmaceutical ETF
PPH
$993M
| $4.33M | ﹤0.01% |
42,000
+8,100
| +24% | +$788K |
|
4250
JPMorgan Active Growth ETF
JGRO
$9.91B
| $4.33M | ﹤0.01% |
46,659
+20,358
| +77% | +$1.91M |
|
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.