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 | |
|---|---|---|---|---|---|---|
4451
ODDITY Tech
ODD
$662M
| $3.86M | ﹤0.01% |
96,084
+84,016
| +696% | +$3.8M |
|
4452
iShares MSCI Kokusai Fund
TOK
$256M
| $3.86M | ﹤0.01% |
27,938
+10,060
| +56% | +$1.37M |
|
4453
Group 1 Automotive
GPI
$3.15B
| $3.86M | ﹤0.01% |
9,814
+4,777
| +95% | +$1.96M |
|
4454
Fidelity Small-Mid Multifactor ETF
FSMD
$2.54B
| $3.86M | ﹤0.01% |
87,419
+5,971
| +7% | +$262K |
|
4455
Knight Transportation
KNX
$10.9B
| $3.85M | ﹤0.01% |
73,720
+49,663
| +206% | +$2.33M |
|
4456
GraniteShares Gold Shares
BAR
$1.45B
| $3.85M | ﹤0.01% |
90,692
+40,409
| +80% | +$1.65M |
|
4457
CALL
Masco
MAS
$14.4B
| $3.85M | ﹤0.01% |
60,700
-39,400
| -39% | -$2.56M |
|
|
ARIS
4458
CALL
Aris Mining
ARIS
$4.18B
| $3.85M | ﹤0.01% |
237,300
-80,400
| -25% | -$988K |
|
4459
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.3B
| $3.85M | ﹤0.01% |
43,063
+22,766
| +112% | +$2.03M |
|
4460
2x Bitcoin ETF
BITX
$1.21B
| $3.85M | ﹤0.01% |
138,774
+109,246
| +370% | +$4.42M |
|
|
LBRDA
4461
DELISTED
Liberty Broadband Class A
LBRDA
| $3.84M | ﹤0.01% |
79,617
-15,331
| -16% | -$794K |
|
4462
PUT
Sprott Junior Uranium Miners ETF
URNJ
$387M
| $3.84M | ﹤0.01% |
152,500
+136,500
| +853% | +$3.76M |
|
4463
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$65.5M
| $3.84M | ﹤0.01% |
182,400
+120,100
| +193% | +$3.26M |
|
4464
Core & Main
CNM
$8.05B
| $3.84M | ﹤0.01% |
73,911
+66,915
| +956% | +$3.43M |
|
4465
CALL
Cavco Industries
CVCO
$4.37B
| $3.84M | ﹤0.01% |
6,500
+500
| +8% | +$283K |
|
4466
CALL
ADT
ADT
$5.51B
| $3.84M | ﹤0.01% |
475,700
+252,900
| +114% | +$2.1M |
|
4467
Marathon Digital Holdings
MARA
$4.12B
| $3.84M | ﹤0.01% |
427,469
-1,076,351
| -72% | -$15.9M |
|
4468
Acadia Healthcare
ACHC
$2.66B
| $3.84M | ﹤0.01% |
270,453
-115,723
| -30% | -$2.19M |
|
4469
ProShares Ultra Russell2000
UWM
$248M
| $3.84M | ﹤0.01% |
81,574
+35,484
| +77% | +$1.68M |
|
|
CPRX
4470
DELISTED
Catalyst Pharmaceutical
CPRX
| $3.83M | ﹤0.01% |
164,212
+97,224
| +145% | +$2.17M |
|
4471
Avalo Therapeutics
AVTX
$1.05B
| $3.83M | ﹤0.01% |
210,994
+163,596
| +345% | +$2.76M |
|
4472
PUT
Atour Lifestyle Holdings
ATAT
$4.83B
| $3.83M | ﹤0.01% |
97,100
+58,400
| +151% | +$2.29M |
|
4473
CALL
Rentokil
RTO
$11.8B
| $3.82M | ﹤0.01% |
129,800
+5,200
| +4% | +$144K |
|
4474
PUT
RenaissanceRe
RNR
$13.7B
| $3.82M | ﹤0.01% |
13,600
-8,600
| -39% | -$2.26M |
|
4475
PUT
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $3.82M | ﹤0.01% |
61,200
-11,100
| -15% | -$680K |
|
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.