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 | |
|---|---|---|---|---|---|---|
4501
First Trust Capital Strength ETF
FTCS
$8B
| $3.76M | ﹤0.01% |
40,680
-623
| -2% | -$57.6K |
|
4502
Direxion Daily S&P 500 High Beta Bull 3X ETF
HIBL
$78.5M
| $3.76M | ﹤0.01% |
57,237
-12,319
| -18% | -$780K |
|
4503
AES
AES
$10.5B
| $3.76M | ﹤0.01% |
261,948
-58,313
| -18% | -$822K |
|
4504
Barclays
BCS
$90.2B
| $3.76M | ﹤0.01% |
147,595
+132,565
| +882% | +$2.94M |
|
|
DEXC
4505
Dimensional Emerging Markets ex China Core Equity ETF
DEXC
$326M
| $3.75M | ﹤0.01% |
62,045
+48,488
| +358% | +$2.85M |
|
4506
PUT
Lattice Semiconductor
LSCC
$16.2B
| $3.75M | ﹤0.01% |
51,000
-34,600
| -40% | -$2.46M |
|
4507
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.5B
| $3.75M | ﹤0.01% |
+181,905
| New | +$3.75M |
|
4508
CALL
FirstCash
FCFS
$9.51B
| $3.75M | ﹤0.01% |
23,500
+3,100
| +15% | +$489K |
|
4509
ClearBridge Large Cap Growth Select ETF
LRGE
$383M
| $3.74M | ﹤0.01% |
45,435
+14,659
| +48% | +$1.22M |
|
4510
iShares Government/Credit Bond ETF
GBF
$128M
| $3.74M | ﹤0.01% |
35,717
+24,545
| +220% | +$2.59M |
|
4511
PUT
Extra Space Storage
EXR
$30.2B
| $3.74M | ﹤0.01% |
28,700
-3,600
| -11% | -$491K |
|
4512
CALL
Spectrum Brands
SPB
$2.04B
| $3.73M | ﹤0.01% |
63,100
+57,200
| +969% | +$3.22M |
|
4513
Burford Capital
BUR
$957M
| $3.73M | ﹤0.01% |
417,824
+313,879
| +302% | +$3.07M |
|
|
SQNS
4514
CALL
Sequans Communications SA
SQNS
$43.7M
| $3.72M | ﹤0.01% |
829,300
-1,595,000
| -66% | -$10.7M |
|
4515
CALL
Mercury Systems
MRCY
$5.32B
| $3.72M | ﹤0.01% |
51,000
-14,100
| -22% | -$1.05M |
|
4516
iShares US Medical Devices ETF
IHI
$3.41B
| $3.72M | ﹤0.01% |
59,787
+7,270
| +14% | +$449K |
|
4517
PUT
Alliance Resource Partners
ARLP
$3.37B
| $3.71M | ﹤0.01% |
159,900
+40,400
| +34% | +$980K |
|
4518
CALL
Pinnacle Financial Partners Inc
PNFP
$15.3B
| $3.71M | ﹤0.01% |
38,900
-4,700
| -11% | -$432K |
|
4519
CALL
Unusual Machines
UMAC
$1.2B
| $3.71M | ﹤0.01% |
291,300
+68,500
| +31% | +$803K |
|
4520
PUT
Bitwise Bitcoin ETF
BITB
$2.87B
| $3.71M | ﹤0.01% |
78,000
+51,800
| +198% | +$2.82M |
|
|
Q
4521
PUT
Qnity Electronics Inc
Q
$25.2B
| $3.71M | ﹤0.01% |
+45,400
| New | +$3.86M |
|
|
IMSR
4522
CALL
Terrestrial Energy
IMSR
$540M
| $3.7M | ﹤0.01% |
606,300
+380,200
| +168% | +$5.08M |
|
4523
CALL
Vanguard Consumer Discretionary ETF
VCR
$6.04B
| $3.7M | ﹤0.01% |
9,400
-2,700
| -22% | -$1.06M |
|
4524
CALL
Brookfield Renewable
BEPC
$5.99B
| $3.7M | ﹤0.01% |
96,500
+13,900
| +17% | +$559K |
|
4525
Service Corp International
SCI
$11.4B
| $3.7M | ﹤0.01% |
47,437
+877
| +2% | +$70.2K |
|
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.