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 | |
|---|---|---|---|---|---|---|
4601
ESCO Technologies
ESE
$7.18B
| $3.51M | ﹤0.01% |
17,973
+14,980
| +501% | +$3.16M |
|
4602
Ultragenyx Pharmaceutical
RARE
$2.52B
| $3.5M | ﹤0.01% |
152,316
-81,810
| -35% | -$2.69M |
|
4603
CALL
Bakkt Inc
BKKT
$347M
| $3.5M | ﹤0.01% |
348,900
-72,000
| -17% | -$1.59M |
|
4604
Teledyne Technologies
TDY
$28.8B
| $3.5M | ﹤0.01% |
6,853
+2,543
| +59% | +$1.34M |
|
4605
CALL
OppFi
OPFI
$602M
| $3.5M | ﹤0.01% |
334,600
-201,200
| -38% | -$2.04M |
|
4606
CALL
Nurix Therapeutics
NRIX
$2.72B
| $3.5M | ﹤0.01% |
184,400
+113,800
| +161% | +$1.63M |
|
4607
Mohawk Industries
MHK
$8.8B
| $3.49M | ﹤0.01% |
31,940
-34,643
| -52% | -$3.98M |
|
4608
TransAlta
TAC
$3.86B
| $3.49M | ﹤0.01% |
275,957
-128,999
| -32% | -$1.93M |
|
4609
United States Lime & Minerals
USLM
$3.44B
| $3.49M | ﹤0.01% |
29,122
-16,127
| -36% | -$2M |
|
4610
PUT
Cavco Industries
CVCO
$4.37B
| $3.49M | ﹤0.01% |
5,900
-100
| -2% | -$56.7K |
|
4611
CNX Resources
CNX
$5.36B
| $3.49M | ﹤0.01% |
94,782
+59,498
| +169% | +$2.13M |
|
|
NAK
4612
PUT
Northern Dynasty Minerals
NAK
$944M
| $3.48M | ﹤0.01% |
1,769,000
+1,239,700
| +234% | +$2.39M |
|
4613
PUT
iShares US Transportation ETF
IYT
$2.26B
| $3.48M | ﹤0.01% |
46,700
+17,800
| +62% | +$1.29M |
|
4614
PUT
Winnebago Industries
WGO
$865M
| $3.48M | ﹤0.01% |
85,800
+61,900
| +259% | +$2.26M |
|
4615
CALL
Alamo Group
ALG
$2.01B
| $3.47M | ﹤0.01% |
20,700
+19,300
| +1,379% | +$3.36M |
|
4616
American Battery Technology Co
ABAT
$351M
| $3.47M | ﹤0.01% |
1,039,721
+267,090
| +35% | +$1.25M |
|
4617
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$811M
| $3.47M | ﹤0.01% |
67,100
+28,600
| +74% | +$1.52M |
|
4618
PUT
AXIS Capital
AXS
$7.26B
| $3.47M | ﹤0.01% |
32,400
+10,900
| +51% | +$1.08M |
|
|
GLIBK
4619
CALL
Liberty Capital Corp Series C GCI Group Common Stock
GLIBK
$1.04B
| $3.47M | ﹤0.01% |
+93,200
| New | +$3.27M |
|
4620
Trimble
TRMB
$14.2B
| $3.47M | ﹤0.01% |
44,254
+11,306
| +34% | +$901K |
|
4621
CALL
Danaos Corp
DAC
$2.74B
| $3.47M | ﹤0.01% |
36,800
+2,300
| +7% | +$212K |
|
4622
PUT
Coca-Cola Europacific Partners
CCEP
$48.2B
| $3.46M | ﹤0.01% |
38,200
+11,700
| +44% | +$1.06M |
|
4623
Brown & Brown
BRO
$24.5B
| $3.46M | ﹤0.01% |
43,472
+14,910
| +52% | +$1.24M |
|
4624
CALL
Ericsson
ERIC
$32.5B
| $3.46M | ﹤0.01% |
359,000
+57,300
| +19% | +$543K |
|
|
ESPR
4625
DELISTED
Esperion Therapeutics
ESPR
| $3.46M | ﹤0.01% |
935,919
-18,530
| -2% | -$59.9K |
|
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.