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 | |
|---|---|---|---|---|---|---|
4601
PUT
iShares S&P 500 Value ETF
IVE
$50.2B
| $3.62M | ﹤0.01% |
18,500
+1,200
| +7% | +$224K |
|
4602
SM Energy
SM
$8.71B
| $3.62M | ﹤0.01% |
146,298
-32,652
| -18% | -$791K |
|
4603
CALL
Cabot Corp
CBT
$4.32B
| $3.61M | ﹤0.01% |
48,100
+31,700
| +193% | +$2.43M |
|
4604
BlackLine
BL
$1.92B
| $3.61M | ﹤0.01% |
63,692
-16,871
| -21% | -$871K |
|
4605
PUT
Bank of Hawaii
BOH
$3.05B
| $3.61M | ﹤0.01% |
53,400
+3,600
| +7% | +$239K |
|
4606
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.82B
| $3.6M | ﹤0.01% |
45,366
+13,671
| +43% | +$1.04M |
|
4607
Agilysys
AGYS
$3.32B
| $3.6M | ﹤0.01% |
31,418
-9,725
| -24% | -$878K |
|
4608
PUT
GraniteShares 2x Long AMD Daily ETF
AMDL
$885M
| $3.6M | ﹤0.01% |
423,000
+101,100
| +31% | +$537K |
|
4609
Innovator Equity Managed Floor ETF
SFLR
$2.16B
| $3.6M | ﹤0.01% |
107,127
+57,917
| +118% | +$1.85M |
|
4610
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$11B
| $3.59M | ﹤0.01% |
135,168
+80,521
| +147% | +$2.11M |
|
4611
CALL
Brookfield Renewable
BEPC
$5.99B
| $3.59M | ﹤0.01% |
109,600
+42,900
| +64% | +$1.25M |
|
4612
Goosehead Insurance
GSHD
$1.7B
| $3.59M | ﹤0.01% |
34,032
+4,508
| +15% | +$478K |
|
4613
SEALSQ Corp
LAES
$552M
| $3.59M | ﹤0.01% |
890,843
+861,846
| +2,972% | +$2.65M |
|
4614
Darden Restaurants
DRI
$24.5B
| $3.59M | ﹤0.01% |
16,460
-31,493
| -66% | -$6.54M |
|
4615
American Eagle Outfitters
AEO
$2.83B
| $3.58M | ﹤0.01% |
372,233
-27,929
| -7% | -$300K |
|
4616
Invesco International BuyBack Achievers ETF
IPKW
$563M
| $3.58M | ﹤0.01% |
+73,579
| New | +$3.39M |
|
4617
PUT
Hercules Capital
HTGC
$3.27B
| $3.58M | ﹤0.01% |
195,800
-49,900
| -20% | -$884K |
|
4618
NBT Bancorp
NBTB
$2.68B
| $3.58M | ﹤0.01% |
86,102
-64,587
| -43% | -$2.69M |
|
4619
CALL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
| $3.58M | ﹤0.01% |
39,000
+2,500
| +7% | +$229K |
|
4620
Douglas Emmett
DEI
$1.97B
| $3.58M | ﹤0.01% |
237,759
+30,233
| +15% | +$437K |
|
4621
PUT
Stantec
STN
$8.41B
| $3.58M | ﹤0.01% |
32,900
-2,400
| -7% | -$231K |
|
4622
iShares Russell 3000 ETF
IWV
$20.3B
| $3.57M | ﹤0.01% |
10,179
+8,120
| +394% | +$2.64M |
|
|
CIM
4623
CALL
Chimera Investment
CIM
$963M
| $3.57M | ﹤0.01% |
257,500
+137,800
| +115% | +$1.76M |
|
4624
PUT
Travere Therapeutics
TVTX
$6.19B
| $3.57M | ﹤0.01% |
241,300
+211,100
| +699% | +$3.5M |
|
4625
Hilton Grand Vacations
HGV
$3.41B
| $3.57M | ﹤0.01% |
85,991
-93,704
| -52% | -$3.54M |
|
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.