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 | |
|---|---|---|---|---|---|---|
4526
Norwegian Cruise Line
NCLH
$7.65B
| $3.7M | ﹤0.01% |
165,585
+22,352
| +16% | +$472K |
|
4527
Abeona Therapeutics
ABEO
$339M
| $3.7M | ﹤0.01% |
+701,288
| New | +$3.53M |
|
4528
United Microelectronic
UMC
$49.6B
| $3.69M | ﹤0.01% |
470,067
+33,812
| +8% | +$257K |
|
4529
CALL
iShares Core S&P Total US Stock Market ETF
ITOT
$97.4B
| $3.69M | ﹤0.01% |
24,800
+4,200
| +20% | +$620K |
|
4530
CALL
St. Joe Company
JOE
$3.83B
| $3.68M | ﹤0.01% |
62,000
+19,700
| +47% | +$1.1M |
|
4531
Warrior Met Coal
HCC
$5.65B
| $3.68M | ﹤0.01% |
41,748
-31,396
| -43% | -$2.36M |
|
4532
Hertz
HTZ
$763M
| $3.68M | ﹤0.01% |
715,762
-881,011
| -55% | -$4.81M |
|
|
VTYX
4533
PUT
DELISTED
Ventyx Biosciences
VTYX
| $3.68M | ﹤0.01% |
407,400
+380,700
| +1,426% | +$2.85M |
|
4534
PUT
Groupon
GRPN
$794M
| $3.68M | ﹤0.01% |
208,700
-738,900
| -78% | -$13.9M |
|
4535
GraniteShares 2x Long TSLA Daily ETF
TSLR
$71.3M
| $3.68M | ﹤0.01% |
114,774
+72,203
| +170% | +$2.33M |
|
4536
PUT
iShares MSCI United Kingdom ETF
EWU
$3.81B
| $3.67M | ﹤0.01% |
83,500
+53,900
| +182% | +$2.31M |
|
4537
CALL
PagerDuty
PD
$1.09B
| $3.67M | ﹤0.01% |
280,100
+8,000
| +3% | +$117K |
|
4538
Perrigo
PRGO
$2.01B
| $3.67M | ﹤0.01% |
263,767
-12,739
| -5% | -$212K |
|
4539
Immunome
IMNM
$3.13B
| $3.67M | ﹤0.01% |
170,914
+100,749
| +144% | +$1.77M |
|
4540
PUT
Steven Madden
SHOO
$3.24B
| $3.67M | ﹤0.01% |
88,100
+65,000
| +281% | +$2.51M |
|
|
LLYX
4541
Defiance Daily Target 2x Long LLY ETF
LLYX
$42.6M
| $3.66M | ﹤0.01% |
143,692
+57,523
| +67% | +$1.23M |
|
4542
PUT
Procept Biorobotics
PRCT
$1.19B
| $3.66M | ﹤0.01% |
116,400
+3,200
| +3% | +$106K |
|
4543
iShares US Small Cap Equity Factor ETF
SMLF
$4.25B
| $3.66M | ﹤0.01% |
48,880
+23,210
| +90% | +$1.73M |
|
|
VG
4544
Venture Global Inc
VG
$35.5B
| $3.66M | ﹤0.01% |
536,335
+506,364
| +1,690% | +$4.22M |
|
4545
Tradr TSLA Bear Daily ETF
TSLQ
$93.9M
| $3.66M | ﹤0.01% |
201,308
+27,705
| +16% | +$616K |
|
4546
MicroSectors Gold Miners 3x Leveraged ETN
GDXU
$1.41B
| $3.64M | ﹤0.01% |
14,958
-4,944
| -25% | -$1.01M |
|
4547
CALL
Tradr 1.25X NVDA Bear Daily ETF
NVDS
$14.7M
| $3.64M | ﹤0.01% |
130,100
+77,367
| +147% | +$2.5M |
|
4548
Zebra Technologies
ZBRA
$16.9B
| $3.64M | ﹤0.01% |
15,006
-19,674
| -57% | -$5.26M |
|
4549
VictoryShares US Value Momentum ETF
ULVM
$266M
| $3.64M | ﹤0.01% |
+39,822
| New | +$3.61M |
|
4550
Emcor
EME
$32.6B
| $3.64M | ﹤0.01% |
5,945
+2,296
| +63% | +$1.49M |
|
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.