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 | |
|---|---|---|---|---|---|---|
4401
CALL
Teucrium Corn Fund
CORN
$172M
| $3.97M | ﹤0.01% |
224,400
+63,000
| +39% | +$1.17M |
|
4402
CALL
Global X Defense Tech ETF
SHLD
$7.33B
| $3.97M | ﹤0.01% |
65,900
+53,600
| +436% | +$2.88M |
|
4403
Liberty Energy
LBRT
$3.1B
| $3.97M | ﹤0.01% |
345,404
+79,151
| +30% | +$959K |
|
4404
CoStar Group
CSGP
$13.1B
| $3.96M | ﹤0.01% |
49,307
-160,246
| -76% | -$12.5M |
|
4405
Wendy's
WEN
$1.58B
| $3.96M | ﹤0.01% |
346,971
+335,155
| +2,836% | +$4.09M |
|
4406
DT Midstream
DTM
$13.2B
| $3.96M | ﹤0.01% |
36,037
+2,843
| +9% | +$288K |
|
4407
Global X MLP & Energy Infrastructure ETF
MLPX
$3.63B
| $3.96M | ﹤0.01% |
63,199
+757
| +1% | +$46K |
|
4408
CALL
iShare MSCI Eurozone ETF
EZU
$9.87B
| $3.96M | ﹤0.01% |
66,600
+48,600
| +270% | +$2.75M |
|
4409
American States Water
AWR
$3.56B
| $3.95M | ﹤0.01% |
51,574
-7,218
| -12% | -$567K |
|
4410
Simply Good Foods
SMPL
$967M
| $3.95M | ﹤0.01% |
125,152
+5,165
| +4% | +$180K |
|
4411
Provident Financial Services
PFS
$3.07B
| $3.95M | ﹤0.01% |
225,304
+5,344
| +2% | +$88.7K |
|
4412
PUT
Harrow
HROW
$1.4B
| $3.95M | ﹤0.01% |
129,300
-126,300
| -49% | -$3.39M |
|
4413
PUT
Corpay
CPAY
$26.8B
| $3.95M | ﹤0.01% |
11,900
+7,300
| +159% | +$2.38M |
|
4414
CALL
YieldMax TSLA Option Income Strategy ETF
TSLY
$657M
| $3.95M | ﹤0.01% |
96,640
+88,080
| +1,029% | +$3.75M |
|
|
LB
4415
CALL
LandBridge Co
LB
$2.47B
| $3.95M | ﹤0.01% |
58,400
-32,400
| -36% | -$2.33M |
|
4416
Enova International
ENVA
$5.79B
| $3.95M | ﹤0.01% |
35,379
+562
| +2% | +$53.6K |
|
4417
Park National Corp
PRK
$3.58B
| $3.94M | ﹤0.01% |
23,586
+1,729
| +8% | +$272K |
|
4418
Seacoast Banking Corp of Florida
SBCF
$3.33B
| $3.94M | ﹤0.01% |
142,640
+1,733
| +1% | +$42.8K |
|
4419
Protagonist Therapeutics
PTGX
$9.34B
| $3.94M | ﹤0.01% |
71,241
-120,998
| -63% | -$5.81M |
|
4420
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$626M
| $3.94M | ﹤0.01% |
49,600
-163,400
| -77% | -$11.7M |
|
4421
Kinsale Capital Group
KNSL
$8.67B
| $3.94M | ﹤0.01% |
8,135
-3,785
| -32% | -$1.76M |
|
4422
COPT Defense Properties
CDP
$4.15B
| $3.94M | ﹤0.01% |
142,727
+9,693
| +7% | +$263K |
|
4423
JPMorgan BetaBuilders Canada ETF
BBCA
$11.4B
| $3.94M | ﹤0.01% |
+48,770
| New | +$3.7M |
|
4424
Royal Gold
RGLD
$22.3B
| $3.93M | ﹤0.01% |
22,109
+9,259
| +72% | +$1.64M |
|
4425
Church & Dwight Co
CHD
$24B
| $3.93M | ﹤0.01% |
40,907
+21,868
| +115% | +$2.16M |
|
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.