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 | |
|---|---|---|---|---|---|---|
|
CNTA
4376
CALL
DELISTED
Centessa Pharmaceuticals
CNTA
| $4.01M | ﹤0.01% |
160,500
-269,800
| -63% | -$6.83M |
|
4377
CALL
Louisiana-Pacific
LPX
$4.98B
| $4.01M | ﹤0.01% |
49,700
-13,100
| -21% | -$1.11M |
|
4378
CALL
iShares S&P 100 ETF
OEF
$20.5B
| $4.01M | ﹤0.01% |
11,700
-7,600
| -39% | -$2.58M |
|
|
LB
4379
PUT
LandBridge Co
LB
$2.47B
| $4.01M | ﹤0.01% |
81,900
+6,800
| +9% | +$395K |
|
4380
iShares ESG Advanced MSCI EAFE ETF
DMXF
$963M
| $4.01M | ﹤0.01% |
53,382
-4,345
| -8% | -$331K |
|
4381
Jacobs Solutions
J
$17.8B
| $4.01M | ﹤0.01% |
30,261
+17,003
| +128% | +$2.49M |
|
4382
Robert Half
RHI
$4.64B
| $4.01M | ﹤0.01% |
147,522
+10,290
| +7% | +$294K |
|
4383
Invesco WilderHill Clean Energy ETF
PBW
$387M
| $4.01M | ﹤0.01% |
131,163
+58,444
| +80% | +$1.86M |
|
|
WLAC
4384
CALL
DELISTED
Willow Lane Acquisition Corp
WLAC
| $4M | ﹤0.01% |
+316,600
| New | +$3.89M |
|
4385
Ally Financial
ALLY
$12.8B
| $4M | ﹤0.01% |
88,317
-50,884
| -37% | -$2.1M |
|
4386
PUT
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$335M
| $4M | ﹤0.01% |
62,600
-172,100
| -73% | -$11.3M |
|
|
PVLA
4387
CALL
Palvella Therapeutics
PVLA
$2.16B
| $4M | ﹤0.01% |
38,200
+22,500
| +143% | +$1.92M |
|
4388
iShares MSCI Singapore ETF
EWS
$1.23B
| $4M | ﹤0.01% |
145,290
-74,965
| -34% | -$2.11M |
|
|
VPU
4389
CALL
Vanguard Utilities ETF
VPU
$8.26B
| $4M | ﹤0.01% |
21,600
+6,500
| +43% | +$1.25M |
|
4390
PUT
Nabors Industries
NBR
$1.39B
| $4M | ﹤0.01% |
73,600
-4,700
| -6% | -$229K |
|
4391
CALL
Imperial Oil
IMO
$63.1B
| $4M | ﹤0.01% |
46,300
-65,000
| -58% | -$5.92M |
|
4392
Spectrum Brands
SPB
$2.04B
| $4M | ﹤0.01% |
67,632
+27,616
| +69% | +$1.55M |
|
4393
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$793M
| $3.99M | ﹤0.01% |
+83,183
| New | +$3.94M |
|
4394
Ventas
VTR
$47.1B
| $3.99M | ﹤0.01% |
51,575
-30,054
| -37% | -$2.27M |
|
4395
CALL
Appian
APPN
$3.04B
| $3.99M | ﹤0.01% |
112,600
-90,200
| -44% | -$3.21M |
|
4396
Sable Offshore Corp
SOC
$861M
| $3.99M | ﹤0.01% |
442,020
-1,801,047
| -80% | -$17M |
|
4397
Coca-Cola Europacific Partners
CCEP
$48.2B
| $3.99M | ﹤0.01% |
43,955
-56,765
| -56% | -$5.13M |
|
4398
PUT
ScottsMiracle-Gro
SMG
$3.52B
| $3.99M | ﹤0.01% |
68,300
-35,300
| -34% | -$1.98M |
|
4399
CALL
Primoris Services
PRIM
$3.94B
| $3.98M | ﹤0.01% |
32,100
-44,400
| -58% | -$5.8M |
|
|
LINE
4400
PUT
Lineage Inc
LINE
$8.95B
| $3.98M | ﹤0.01% |
113,800
+35,500
| +45% | +$1.31M |
|
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.