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 | |
|---|---|---|---|---|---|---|
4551
CALL
Avantor
AVTR
$9.86B
| $3.64M | ﹤0.01% |
317,300
-26,900
| -8% | -$331K |
|
4552
CALL
Kymera Therapeutics
KYMR
$9.82B
| $3.63M | ﹤0.01% |
46,700
-43,900
| -48% | -$2.96M |
|
|
P
4553
Everpure Inc
P
$31B
| $3.63M | ﹤0.01% |
54,203
-194,106
| -78% | -$16.2M |
|
4554
Viridian Therapeutics
VRDN
$2.61B
| $3.63M | ﹤0.01% |
116,524
+78,884
| +210% | +$2.16M |
|
|
BMNU
4555
CALL
T-REX 2X Long BMNR Daily Target ETF
BMNU
$375M
| $3.63M | ﹤0.01% |
+75,840
| New | +$11.6M |
|
4556
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$735M
| $3.62M | ﹤0.01% |
45,337
+6,980
| +18% | +$547K |
|
4557
CALL
indie Semiconductor
INDI
$799M
| $3.62M | ﹤0.01% |
1,025,200
-505,600
| -33% | -$2.22M |
|
4558
Boston Beer
SAM
$1.88B
| $3.62M | ﹤0.01% |
18,530
+15,286
| +471% | +$3.15M |
|
4559
CALL
Manchester United
MANU
$3.81B
| $3.61M | ﹤0.01% |
227,000
-265,200
| -54% | -$4.28M |
|
4560
CALL
Fossil Group
FOSL
$316M
| $3.61M | ﹤0.01% |
960,000
+855,700
| +820% | +$2.41M |
|
4561
CALL
NextNav
NN
$2.59B
| $3.61M | ﹤0.01% |
216,800
-176,200
| -45% | -$2.5M |
|
4562
Lightbridge
LTBR
$283M
| $3.61M | ﹤0.01% |
285,360
-315,938
| -53% | -$6.08M |
|
4563
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$267M
| $3.61M | ﹤0.01% |
52,728
+41,759
| +381% | +$2.8M |
|
|
AL
4564
CALL
DELISTED
Air Lease Corp
AL
| $3.59M | ﹤0.01% |
55,900
+40,000
| +252% | +$2.55M |
|
|
MSTZ
4565
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$57.7M
| $3.59M | ﹤0.01% |
209,315
-978,588
| -82% | -$9.95M |
|
4566
PUT
Popular Inc
BPOP
$10.8B
| $3.59M | ﹤0.01% |
28,800
+21,100
| +274% | +$2.49M |
|
4567
PUT
Beyond Meat
BYND
$238M
| $3.58M | ﹤0.01% |
145,730
+72,133
| +98% | +$3.01M |
|
4568
CALL
Aquestive Therapeutics
AQST
$630M
| $3.58M | ﹤0.01% |
554,900
+398,400
| +255% | +$2.48M |
|
4569
Schwab U.S Small- Cap ETF
SCHA
$22.7B
| $3.58M | ﹤0.01% |
125,816
+34,750
| +38% | +$981K |
|
4570
PUT
Idacorp
IDA
$7.85B
| $3.58M | ﹤0.01% |
28,300
-5,000
| -15% | -$650K |
|
4571
iShares US Telecommunications ETF
IYZ
$1.28B
| $3.58M | ﹤0.01% |
105,597
+83,673
| +382% | +$2.74M |
|
4572
CALL
Keros Therapeutics
KROS
$219M
| $3.58M | ﹤0.01% |
175,800
-41,700
| -19% | -$732K |
|
|
SAIL
4573
SailPoint Inc
SAIL
$11.2B
| $3.58M | ﹤0.01% |
176,908
+62,866
| +55% | +$1.31M |
|
4574
PUT
BlackSky Technology
BKSY
$970M
| $3.58M | ﹤0.01% |
190,800
+141,800
| +289% | +$2.89M |
|
4575
PUT
Ryman Hospitality Properties
RHP
$8.92B
| $3.58M | ﹤0.01% |
37,800
+34,600
| +1,081% | +$3.2M |
|
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.