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 | |
|---|---|---|---|---|---|---|
4526
CALL
The RealReal
REAL
$1.33B
| $3.75M | ﹤0.01% |
781,900
-11,700
| -1% | -$64.4K |
|
4527
PUT
New Fortress Energy
NFE
$83.6M
| $3.74M | ﹤0.01% |
1,127,300
+581,400
| +107% | +$2.53M |
|
4528
PUT
Synaptics
SYNA
$3.72B
| $3.74M | ﹤0.01% |
57,700
-500
| -0.9% | -$29.4K |
|
4529
Icahn Enterprises
IEP
$4.82B
| $3.74M | ﹤0.01% |
464,815
+383,969
| +475% | +$3.29M |
|
|
MSLC
4530
Morgan Stanley Pathway Large Cap Equity ETF
MSLC
$4.08B
| $3.74M | ﹤0.01% |
73,218
+32,120
| +78% | +$1.52M |
|
4531
PUT
Progress Software
PRGS
$1.84B
| $3.73M | ﹤0.01% |
58,500
+42,800
| +273% | +$2.6M |
|
4532
CALL
T-REX 2X Long Tesla Daily Target ETF
TSLT
$164M
| $3.73M | ﹤0.01% |
231,800
+102,400
| +79% | +$1.62M |
|
4533
Mercury Systems
MRCY
$5.32B
| $3.73M | ﹤0.01% |
69,315
+5,391
| +8% | +$263K |
|
4534
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$16.9B
| $3.73M | ﹤0.01% |
87,494
+53,428
| +157% | +$2.15M |
|
4535
PUT
CRH
CRH
$63.8B
| $3.73M | ﹤0.01% |
40,600
-342,900
| -89% | -$31.3M |
|
4536
PUT
Stratasys
SSYS
$678M
| $3.72M | ﹤0.01% |
324,500
-19,500
| -6% | -$198K |
|
4537
CALL
NETSCOUT
NTCT
$2.84B
| $3.72M | ﹤0.01% |
+149,900
| New | +$3.33M |
|
4538
Oceaneering
OII
$5.04B
| $3.72M | ﹤0.01% |
179,356
+24,375
| +16% | +$470K |
|
|
TMHC
4539
PUT
DELISTED
Taylor Morrison
TMHC
| $3.72M | ﹤0.01% |
60,500
+49,800
| +465% | +$2.89M |
|
4540
Sharplink Inc
SBET
$1.78B
| $3.72M | ﹤0.01% |
+374,171
| New | +$5.07M |
|
4541
SBA Communications
SBAC
$20.3B
| $3.71M | ﹤0.01% |
15,814
+1,609
| +11% | +$368K |
|
4542
CALL
Full Truck Alliance
YMM
$9.14B
| $3.71M | ﹤0.01% |
314,400
+80,500
| +34% | +$937K |
|
4543
CALL
Essential Utilities
WTRG
$11.7B
| $3.71M | ﹤0.01% |
99,900
+85,700
| +604% | +$3.34M |
|
4544
Sprott Physical Gold and Silver Trust
CEF
$7.99B
| $3.71M | ﹤0.01% |
123,131
+51,432
| +72% | +$1.5M |
|
4545
Ardelyx
ARDX
$984M
| $3.71M | ﹤0.01% |
945,284
-158,040
| -14% | -$652K |
|
4546
Marqeta
MQ
$1.71B
| $3.71M | ﹤0.01% |
158,889
-141,957
| -47% | -$2.69M |
|
4547
YieldMax TSLA Option Income Strategy ETF
TSLY
$657M
| $3.7M | ﹤0.01% |
90,657
+17,220
| +23% | +$734K |
|
4548
SPDR Gold MiniShares Trust
GLDM
$31B
| $3.7M | ﹤0.01% |
56,492
+863
| +2% | +$56.2K |
|
4549
PUT
iShares TIPS Bond ETF
TIP
$15B
| $3.7M | ﹤0.01% |
33,600
-337,400
| -91% | -$36.8M |
|
4550
CALL
Piper Sandler
PIPR
$5.34B
| $3.7M | ﹤0.01% |
53,200
+5,200
| +11% | +$324K |
|
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.