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 | |
|---|---|---|---|---|---|---|
4626
PUT
Viking Holdings
VIK
$39.5B
| $3.57M | ﹤0.01% |
67,000
+19,100
| +40% | +$843K |
|
|
LIAT
4627
DELISTED
LifeX 2059 Inflation-Protected Longevity Income ETF
LIAT
| $3.57M | ﹤0.01% |
15,609
+12,969
| +491% | +$2.93M |
|
4628
PUT
Vanguard FTSE All-World ex-US ETF
VEU
$70.4B
| $3.57M | ﹤0.01% |
53,100
-14,300
| -21% | -$905K |
|
4629
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $3.57M | ﹤0.01% |
28,854
-1,399
| -5% | -$165K |
|
4630
Iovance Biotherapeutics
IOVA
$3.63B
| $3.56M | ﹤0.01% |
2,071,472
+269,279
| +15% | +$670K |
|
|
CNH
4631
CALL
CNH Industrial
CNH
$18.8B
| $3.56M | ﹤0.01% |
274,900
-128,700
| -32% | -$1.59M |
|
4632
CALL
Beam Therapeutics
BEAM
$3.03B
| $3.56M | ﹤0.01% |
209,300
-84,200
| -29% | -$1.47M |
|
|
HBI
4633
CALL
DELISTED
Hanesbrands
HBI
| $3.56M | ﹤0.01% |
777,200
-379,200
| -33% | -$1.83M |
|
4634
iShares US Consumer Staples ETF
IYK
$1.42B
| $3.55M | ﹤0.01% |
50,439
+32,828
| +186% | +$2.31M |
|
4635
PUT
Regions Financial
RF
$25.8B
| $3.55M | ﹤0.01% |
151,100
+39,000
| +35% | +$825K |
|
4636
CALL
Teekay
TK
$1.14B
| $3.55M | ﹤0.01% |
430,400
+397,400
| +1,204% | +$3.08M |
|
4637
CarGurus
CARG
$3.26B
| $3.55M | ﹤0.01% |
106,036
-5,299
| -5% | -$160K |
|
4638
Healthpeak Properties
DOC
$14.5B
| $3.55M | ﹤0.01% |
202,672
+104,255
| +106% | +$1.85M |
|
4639
Alarm.com
ALRM
$2.82B
| $3.55M | ﹤0.01% |
62,731
+1,946
| +3% | +$108K |
|
4640
CALL
Direxion Daily Real Estate Bear 3X ETF
DRV
$26.8M
| $3.55M | ﹤0.01% |
140,700
-21,000
| -13% | -$564K |
|
4641
Shutterstock
SSTK
$221M
| $3.55M | ﹤0.01% |
187,154
+66,929
| +56% | +$1.18M |
|
|
SEM
4642
DELISTED
Select Medical
SEM
| $3.55M | ﹤0.01% |
233,744
+93,212
| +66% | +$1.45M |
|
4643
First Trust Limited Duration Investment Grade Corporate ETF
FSIG
$1.52B
| $3.55M | ﹤0.01% |
185,514
+96,328
| +108% | +$1.83M |
|
4644
Kosmos Energy
KOS
$1.64B
| $3.55M | ﹤0.01% |
2,062,085
+1,468,933
| +248% | +$2.66M |
|
4645
Blackbaud
BLKB
$2.21B
| $3.55M | ﹤0.01% |
55,219
-6,444
| -10% | -$403K |
|
4646
PUT
Biohaven
BHVN
$2.33B
| $3.54M | ﹤0.01% |
251,200
+124,200
| +98% | +$2.21M |
|
4647
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$291M
| $3.54M | ﹤0.01% |
62,760
+26,273
| +72% | +$1.34M |
|
4648
MINISO
MNSO
$3.08B
| $3.54M | ﹤0.01% |
194,467
-260
| -0.1% | -$4.67K |
|
4649
ADT
ADT
$5.51B
| $3.54M | ﹤0.01% |
418,085
-932,862
| -69% | -$7.64M |
|
4650
PUT
IAMGOLD
IAG
$11.8B
| $3.54M | ﹤0.01% |
481,700
+210,200
| +77% | +$1.47M |
|
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.