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 | |
|---|---|---|---|---|---|---|
4451
Eldorado Gold
EGO
$11.9B
| $3.89M | ﹤0.01% |
191,375
+92,865
| +94% | +$1.81M |
|
4452
Wintrust Financial
WTFC
$10.3B
| $3.89M | ﹤0.01% |
31,373
-17,733
| -36% | -$2.03M |
|
4453
PUT
MoonLake Immunotherapeutics
MLTX
$1.28B
| $3.89M | ﹤0.01% |
82,400
+75,600
| +1,112% | +$3.08M |
|
4454
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$45.1M
| $3.89M | ﹤0.01% |
141,877
+568
| +0.4% | +$14.9K |
|
4455
Goodyear
GT
$1.83B
| $3.89M | ﹤0.01% |
374,712
-503,150
| -57% | -$5.33M |
|
4456
PUT
Phathom Pharmaceuticals
PHAT
$743M
| $3.88M | ﹤0.01% |
404,600
+385,800
| +2,052% | +$2.13M |
|
4457
CALL
RingCentral
RNG
$5.79B
| $3.88M | ﹤0.01% |
136,800
+23,300
| +21% | +$601K |
|
4458
PUT
WD-40
WDFC
$2.91B
| $3.88M | ﹤0.01% |
17,000
+9,600
| +130% | +$2.26M |
|
4459
PUT
Global E Online
GLBE
$6.71B
| $3.88M | ﹤0.01% |
115,600
-165,200
| -59% | -$5.58M |
|
4460
CALL
nVent Electric
NVT
$24B
| $3.87M | ﹤0.01% |
52,900
-9,100
| -15% | -$559K |
|
4461
Freshworks
FRSH
$3.62B
| $3.87M | ﹤0.01% |
259,770
+11,308
| +5% | +$163K |
|
4462
PUT
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $3.87M | ﹤0.01% |
62,400
+31,500
| +102% | +$1.85M |
|
4463
Walker & Dunlop
WD
$1.42B
| $3.87M | ﹤0.01% |
54,907
+9,147
| +20% | +$661K |
|
4464
CALL
Cirrus Logic
CRUS
$5.44B
| $3.87M | ﹤0.01% |
37,100
-6,200
| -14% | -$607K |
|
4465
Kiniksa Pharmaceuticals
KNSA
$6.09B
| $3.87M | ﹤0.01% |
139,782
+85,503
| +158% | +$2.18M |
|
4466
West Pharmaceutical
WST
$23.7B
| $3.86M | ﹤0.01% |
17,663
+10,632
| +151% | +$2.27M |
|
4467
CALL
Navitas Semiconductor
NVTS
$3B
| $3.86M | ﹤0.01% |
589,900
+303,300
| +106% | +$1.17M |
|
4468
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $3.86M | ﹤0.01% |
57,596
+53,270
| +1,231% | +$3.53M |
|
4469
Calix
CALX
$2.36B
| $3.86M | ﹤0.01% |
72,565
-1,188
| -2% | -$50.8K |
|
4470
Cullen/Frost Bankers
CFR
$10B
| $3.86M | ﹤0.01% |
30,009
-12,885
| -30% | -$1.58M |
|
|
NXH
4471
Neighborhood Intelligence Inc
NXH
$375M
| $3.86M | ﹤0.01% |
616,700
+319,905
| +108% | +$1.55M |
|
|
WRD
4472
WeRide Inc
WRD
$1.99B
| $3.85M | ﹤0.01% |
+488,712
| New | +$4.36M |
|
4473
PUT
Flywire
FLYW
$2.29B
| $3.85M | ﹤0.01% |
329,100
+318,800
| +3,095% | +$3.25M |
|
4474
XPO
XPO
$22.1B
| $3.85M | ﹤0.01% |
30,466
+13,695
| +82% | +$1.54M |
|
4475
iShares MSCI Japan ETF
EWJ
$22.7B
| $3.85M | ﹤0.01% |
51,289
-155,299
| -75% | -$11M |
|
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.