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 | |
|---|---|---|---|---|---|---|
4251
CALL
Altimmune
ALT
$605M
| $4.33M | ﹤0.01% |
1,117,900
+969,400
| +653% | +$5.25M |
|
4252
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $4.33M | ﹤0.01% |
186,117
+169,696
| +1,033% | +$3.89M |
|
4253
PUT
Ametek
AME
$54.2B
| $4.32M | ﹤0.01% |
23,900
-17,800
| -43% | -$3.06M |
|
4254
CALL
Atkore
ATKR
$3.16B
| $4.32M | ﹤0.01% |
61,300
+15,700
| +34% | +$1.02M |
|
4255
Trimble
TRMB
$14.2B
| $4.32M | ﹤0.01% |
56,911
+34,760
| +157% | +$2.34M |
|
4256
PUT
Praxis Precision Medicines
PRAX
$9.63B
| $4.32M | ﹤0.01% |
102,800
-18,200
| -15% | -$693K |
|
4257
Samsara
IOT
$24B
| $4.32M | ﹤0.01% |
108,657
-878,713
| -89% | -$36.3M |
|
4258
VanEck Bitcoin Trust
HODL
$1.29B
| $4.32M | ﹤0.01% |
141,845
-30,443
| -18% | -$849K |
|
4259
PUT
AMC Entertainment Holdings
AMC
$2.31B
| $4.32M | ﹤0.01% |
1,393,500
-113,800
| -8% | -$338K |
|
|
ARR
4260
Armour Residential REIT
ARR
$2.31B
| $4.32M | ﹤0.01% |
256,976
+131,802
| +105% | +$2.12M |
|
4261
Extra Space Storage
EXR
$30.2B
| $4.32M | ﹤0.01% |
29,291
+13,372
| +84% | +$1.95M |
|
4262
CALL
Loews
L
$22.4B
| $4.32M | ﹤0.01% |
47,100
+28,800
| +157% | +$2.53M |
|
4263
PUT
Vera Therapeutics
VERA
$2.46B
| $4.31M | ﹤0.01% |
183,100
+142,100
| +347% | +$3.2M |
|
4264
CALL
Fidelity National Financial
FNF
$12.8B
| $4.31M | ﹤0.01% |
76,800
+1,600
| +2% | +$93.5K |
|
4265
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$150M
| $4.3M | ﹤0.01% |
156,140
+83,165
| +114% | +$2.14M |
|
4266
PUT
Loar Holdings
LOAR
$6.72B
| $4.3M | ﹤0.01% |
49,900
+42,300
| +557% | +$3.66M |
|
4267
Apple Hospitality REIT
APLE
$3.91B
| $4.3M | ﹤0.01% |
368,075
+62,631
| +21% | +$735K |
|
4268
CALL
Banco Santander
SAN
$213B
| $4.28M | ﹤0.01% |
516,200
+66,000
| +15% | +$491K |
|
4269
Resideo Technologies
REZI
$2.98B
| $4.28M | ﹤0.01% |
193,881
-9,256
| -5% | -$177K |
|
|
AVGX
4270
PUT
Defiance Daily Target 2X Long AVGO ETF
AVGX
$172M
| $4.28M | ﹤0.01% |
119,300
+49,800
| +72% | +$1.17M |
|
4271
PUT
Honda
HMC
$41.3B
| $4.27M | ﹤0.01% |
148,200
-88,400
| -37% | -$2.58M |
|
|
JKS
4272
JinkoSolar
JKS
$709M
| $4.27M | ﹤0.01% |
+201,303
| New | +$3.66M |
|
4273
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.3B
| $4.27M | ﹤0.01% |
58,717
+42,619
| +265% | +$2.88M |
|
4274
Ventas
VTR
$47.1B
| $4.26M | ﹤0.01% |
67,525
+33,801
| +100% | +$2.21M |
|
4275
CALL
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.14B
| $4.26M | ﹤0.01% |
158,700
-122,500
| -44% | -$3.18M |
|
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.