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 | |
|---|---|---|---|---|---|---|
4326
PUT
AutoNation
AN
$6.62B
| $4.15M | ﹤0.01% |
20,900
+7,400
| +55% | +$1.34M |
|
4327
PUT
Ouster
OUST
$2.5B
| $4.15M | ﹤0.01% |
171,200
-122,800
| -42% | -$1.49M |
|
4328
PUT
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$181M
| $4.14M | ﹤0.01% |
90,600
+22,000
| +32% | +$733K |
|
|
ACLX
4329
DELISTED
Arcellx
ACLX
| $4.14M | ﹤0.01% |
62,933
+1,310
| +2% | +$81.6K |
|
4330
PUT
Alkermes
ALKS
$7.95B
| $4.14M | ﹤0.01% |
144,800
+57,500
| +66% | +$1.71M |
|
4331
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$71.6M
| $4.14M | ﹤0.01% |
16,790
+2,980
| +22% | +$859K |
|
4332
Boston Beer
SAM
$1.88B
| $4.14M | ﹤0.01% |
21,705
+1,030
| +5% | +$237K |
|
|
MZTI
4333
The Marzetti Company
MZTI
$3.13B
| $4.14M | ﹤0.01% |
23,971
+170
| +0.7% | +$29.3K |
|
4334
Academy Sports + Outdoors
ASO
$2.7B
| $4.14M | ﹤0.01% |
92,411
-22,786
| -20% | -$944K |
|
4335
Avantis International Equity ETF
AVDE
$19B
| $4.14M | ﹤0.01% |
+55,949
| New | +$3.91M |
|
4336
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.14B
| $4.14M | ﹤0.01% |
154,077
+9,339
| +6% | +$242K |
|
4337
PUT
TransUnion
TRU
$16.4B
| $4.14M | ﹤0.01% |
47,000
+36,900
| +365% | +$3.08M |
|
4338
PUT
Middleby
MIDD
$5.1B
| $4.13M | ﹤0.01% |
28,700
+8,800
| +44% | +$1.24M |
|
|
PINC
4339
DELISTED
Premier
PINC
| $4.13M | ﹤0.01% |
188,375
-484,247
| -72% | -$10.4M |
|
4340
PUT
Perion Network
PERI
$382M
| $4.13M | ﹤0.01% |
406,700
+32,100
| +9% | +$307K |
|
|
KLMN
4341
Invesco MSCI North America Climate ETF
KLMN
| $4.12M | ﹤0.01% |
+161,362
| New | +$3.8M |
|
4342
F5
FFIV
$22.3B
| $4.12M | ﹤0.01% |
14,009
+6,173
| +79% | +$1.71M |
|
4343
Simmons First National
SFNC
$3.28B
| $4.12M | ﹤0.01% |
217,453
+5,977
| +3% | +$113K |
|
|
PPLI
4344
People Inc
PPLI
$2.91B
| $4.12M | ﹤0.01% |
110,330
-25,848
| -19% | -$934K |
|
4345
Unusual Machines
UMAC
$1.2B
| $4.12M | ﹤0.01% |
480,302
+458,555
| +2,109% | +$2.89M |
|
|
SF
4346
CALL
Stifel
SF
$12.3B
| $4.11M | ﹤0.01% |
59,400
-34,050
| -36% | -$2.09M |
|
|
FYBR
4347
CALL
DELISTED
Frontier Communications
FYBR
| $4.11M | ﹤0.01% |
112,900
+6,600
| +6% | +$239K |
|
4348
Madison Square Garden
MSGE
$3.7B
| $4.11M | ﹤0.01% |
102,795
-15,808
| -13% | -$558K |
|
4349
PUT
ARK Web x.0 ETF
ARKW
$1.83B
| $4.1M | ﹤0.01% |
27,800
+17,500
| +170% | +$2M |
|
4350
Coca-Cola Consolidated
COKE
$13.2B
| $4.1M | ﹤0.01% |
36,750
+18,080
| +97% | +$2.18M |
|
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.