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 | |
|---|---|---|---|---|---|---|
|
TEN
4276
PUT
Tsakos Energy Navigation Ltd
TEN
$1.28B
| $4.26M | ﹤0.01% |
222,100
-206,200
| -48% | -$3.62M |
|
4277
A.O. Smith
AOS
$8.21B
| $4.26M | ﹤0.01% |
64,988
+23,350
| +56% | +$1.53M |
|
|
AGS
4278
CALL
DELISTED
PlayAGS
AGS
| $4.26M | ﹤0.01% |
340,800
+299,700
| +729% | +$3.65M |
|
4279
Jazz Pharmaceuticals
JAZZ
$15.9B
| $4.25M | ﹤0.01% |
40,090
+15,898
| +66% | +$1.73M |
|
4280
Federal Agricultural Mortgage
AGM
$2.4B
| $4.25M | ﹤0.01% |
21,890
-5,774
| -21% | -$1.06M |
|
4281
NorthWestern Energy
NWE
$4.33B
| $4.25M | ﹤0.01% |
82,869
-27,252
| -25% | -$1.51M |
|
4282
Intapp
INTA
$3.33B
| $4.25M | ﹤0.01% |
82,312
+8,688
| +12% | +$475K |
|
|
AD
4283
CALL
Array Digital Infrastructure
AD
$3.11B
| $4.25M | ﹤0.01% |
66,400
-30,700
| -32% | -$1.95M |
|
4284
CALL
Lamar Advertising Co
LAMR
$15.3B
| $4.25M | ﹤0.01% |
35,000
+13,000
| +59% | +$1.51M |
|
4285
Hormel Foods
HRL
$11.9B
| $4.24M | ﹤0.01% |
140,095
-88,606
| -39% | -$2.67M |
|
4286
PUT
Chemed
CHE
$6.84B
| $4.24M | ﹤0.01% |
8,700
+5,200
| +149% | +$2.96M |
|
4287
Power Integrations
POWI
$2.88B
| $4.24M | ﹤0.01% |
75,773
+7,415
| +11% | +$381K |
|
4288
Visteon
VC
$2.72B
| $4.23M | ﹤0.01% |
45,382
-31,307
| -41% | -$2.58M |
|
4289
DigitalOcean
DOCN
$13.1B
| $4.23M | ﹤0.01% |
148,211
+47,377
| +47% | +$1.38M |
|
|
NLOP
4290
CALL
Net Lease Office Properties
NLOP
$171M
| $4.23M | ﹤0.01% |
130,000
+15,500
| +14% | +$474K |
|
4291
CALL
Perrigo
PRGO
$2.01B
| $4.23M | ﹤0.01% |
158,300
-103,000
| -39% | -$2.7M |
|
4292
First Trust US Equity Opportunities ETF
FPX
$1.48B
| $4.23M | ﹤0.01% |
29,188
+14,838
| +103% | +$1.88M |
|
4293
PUT
State Street SPDR S&P Insurance ETF
KIE
$709M
| $4.23M | ﹤0.01% |
70,800
+46,900
| +196% | +$2.72M |
|
4294
Rush Enterprises Class A
RUSHA
$8.27B
| $4.23M | ﹤0.01% |
82,092
+5,600
| +7% | +$284K |
|
4295
Vista Energy
VIST
$7.76B
| $4.23M | ﹤0.01% |
88,434
-42,016
| -32% | -$1.99M |
|
4296
CALL
Viatris
VTRS
$18.8B
| $4.23M | ﹤0.01% |
473,300
-381,500
| -45% | -$3.23M |
|
4297
PUT
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$335M
| $4.22M | ﹤0.01% |
81,300
+58,100
| +250% | +$2.14M |
|
4298
CALL
Clearway Energy Class C
CWEN
$6.52B
| $4.22M | ﹤0.01% |
131,800
-43,500
| -25% | -$1.3M |
|
4299
CALL
JFrog
FROG
$12.2B
| $4.22M | ﹤0.01% |
96,100
+14,400
| +18% | +$547K |
|
4300
CALL
Cullen/Frost Bankers
CFR
$10B
| $4.22M | ﹤0.01% |
32,800
+2,100
| +7% | +$257K |
|
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.