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 | |
|---|---|---|---|---|---|---|
4426
PUT
Cogent Communications
CCOI
$486M
| $3.92M | ﹤0.01% |
181,700
+68,800
| +61% | +$2.03M |
|
4427
CALL
Beyond Meat
BYND
$238M
| $3.92M | ﹤0.01% |
159,210
+95,957
| +152% | +$4M |
|
4428
Direxion Daily AMZN Bull 2X ETF
AMZU
$304M
| $3.91M | ﹤0.01% |
111,991
+28,371
| +34% | +$1.03M |
|
4429
Geospace Technologies
GEOS
$68.3M
| $3.91M | ﹤0.01% |
231,285
+84,541
| +58% | +$1.7M |
|
|
DAY
4430
DELISTED
Dayforce
DAY
| $3.91M | ﹤0.01% |
56,539
+26,934
| +91% | +$1.85M |
|
|
BETA
4431
PUT
Beta Technologies Inc
BETA
$4.72B
| $3.91M | ﹤0.01% |
+138,600
| New | +$4.14M |
|
4432
CALL
UroGen Pharma
URGN
$2.13B
| $3.91M | ﹤0.01% |
166,900
-202,800
| -55% | -$4.4M |
|
4433
CALL
TORM
TRMD
$3.34B
| $3.91M | ﹤0.01% |
199,600
-137,000
| -41% | -$2.89M |
|
4434
Samsara
IOT
$24B
| $3.91M | ﹤0.01% |
+110,233
| New | +$4.27M |
|
4435
Atlanta Braves Holdings Series B
BATRK
$3.24B
| $3.91M | ﹤0.01% |
98,995
-5,995
| -6% | -$237K |
|
4436
CALL
RingCentral
RNG
$5.79B
| $3.9M | ﹤0.01% |
135,200
-94,700
| -41% | -$2.7M |
|
|
HI
4437
DELISTED
Hillenbrand
HI
| $3.9M | ﹤0.01% |
122,973
+64,945
| +112% | +$2M |
|
|
HAPN
4438
Happen Inc
HAPN
$2.06B
| $3.9M | ﹤0.01% |
205,797
+156,319
| +316% | +$2.76M |
|
4439
CALL
KBR
KBR
$4.79B
| $3.9M | ﹤0.01% |
96,900
+10,600
| +12% | +$454K |
|
4440
PUT
Allegro MicroSystems
ALGM
$6.67B
| $3.89M | ﹤0.01% |
147,600
-1,007,700
| -87% | -$27.7M |
|
|
NXH
4441
CALL
Neighborhood Intelligence Inc
NXH
$375M
| $3.89M | ﹤0.01% |
712,900
-621,840
| -47% | -$4.51M |
|
4442
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$98.1M
| $3.89M | ﹤0.01% |
48,782
+31,599
| +184% | +$2.42M |
|
4443
Vicor
VICR
$8.66B
| $3.89M | ﹤0.01% |
35,449
+7,497
| +27% | +$637K |
|
4444
CALL
Procure Space ETF
UFO
$575M
| $3.88M | ﹤0.01% |
100,500
+92,100
| +1,096% | +$3.37M |
|
4445
Cheesecake Factory
CAKE
$5.58B
| $3.88M | ﹤0.01% |
76,944
-78,640
| -51% | -$3.94M |
|
4446
PUT
Direxion Daily Healthcare Bull 3X ETF
CURE
$191M
| $3.88M | ﹤0.01% |
34,800
-214,000
| -86% | -$21.9M |
|
4447
PUT
The RealReal
REAL
$1.33B
| $3.87M | ﹤0.01% |
245,400
-108,700
| -31% | -$1.42M |
|
4448
CALL
Terex
TEX
$7.28B
| $3.87M | ﹤0.01% |
72,500
+61,100
| +536% | +$3.09M |
|
4449
CALL
ITT
ITT
$18.1B
| $3.87M | ﹤0.01% |
22,300
+4,700
| +27% | +$842K |
|
4450
PUT
Huntsman Corp
HUN
$1.66B
| $3.86M | ﹤0.01% |
386,100
-211,300
| -35% | -$1.93M |
|
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.