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 | |
|---|---|---|---|---|---|---|
|
PENG
4651
CALL
Penguin Solutions Inc
PENG
$2.54B
| $3.54M | ﹤0.01% |
178,600
+33,200
| +23% | +$601K |
|
4652
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$364M
| $3.54M | ﹤0.01% |
90,840
-629
| -0.7% | -$22.5K |
|
4653
Prospect Capital
PSEC
$1.15B
| $3.53M | ﹤0.01% |
1,111,526
+291,898
| +36% | +$1.01M |
|
4654
CALL
News Corp Class A
NWSA
$16.6B
| $3.53M | ﹤0.01% |
118,900
+6,600
| +6% | +$181K |
|
4655
Teleflex
TFX
$5.92B
| $3.53M | ﹤0.01% |
29,851
-5,098
| -15% | -$643K |
|
4656
CALL
Palomar
PLMR
$3.46B
| $3.53M | ﹤0.01% |
22,900
+3,300
| +17% | +$511K |
|
4657
CALL
First Trust Cloud Computing ETF
SKYY
$3.37B
| $3.53M | ﹤0.01% |
29,000
-21,000
| -42% | -$2.3M |
|
4658
Dimensional US Small Cap ETF
DFAS
$15.6B
| $3.52M | ﹤0.01% |
55,314
-61,736
| -53% | -$3.7M |
|
4659
CALL
Rush Street Interactive
RSI
$3.05B
| $3.52M | ﹤0.01% |
236,500
+146,200
| +162% | +$1.81M |
|
4660
CALL
Manulife Financial
MFC
$70.9B
| $3.52M | ﹤0.01% |
110,000
-107,200
| -49% | -$3.3M |
|
4661
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$516M
| $3.51M | ﹤0.01% |
42,339
+26,690
| +171% | +$2.05M |
|
4662
PUT
Sportradar
SRAD
$3.83B
| $3.51M | ﹤0.01% |
125,100
+41,400
| +49% | +$983K |
|
4663
Aptiv
APTV
$9.5B
| $3.51M | ﹤0.01% |
51,467
-63,171
| -55% | -$3.91M |
|
4664
Artisan Partners
APAM
$3.09B
| $3.51M | ﹤0.01% |
79,179
-5,802
| -7% | -$232K |
|
4665
PUT
Global Ship Lease
GSL
$1.6B
| $3.51M | ﹤0.01% |
133,400
-118,500
| -47% | -$2.77M |
|
|
HAPN
4666
Happen Inc
HAPN
$2.06B
| $3.51M | ﹤0.01% |
291,570
+39,591
| +16% | +$411K |
|
4667
PUT
Bio-Rad Laboratories Class A
BIO
$10.4B
| $3.5M | ﹤0.01% |
14,500
+6,300
| +77% | +$1.49M |
|
4668
PUT
iShares Russell 1000 Value ETF
IWD
$84.3B
| $3.5M | ﹤0.01% |
18,000
-15,000
| -45% | -$2.78M |
|
4669
American Superconductor
AMSC
$1.38B
| $3.5M | ﹤0.01% |
95,265
+44,438
| +87% | +$1.09M |
|
4670
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$458M
| $3.49M | ﹤0.01% |
54,600
+500
| +0.9% | +$31.9K |
|
4671
CALL
Essex Property Trust
ESS
$18.3B
| $3.49M | ﹤0.01% |
12,300
-17,300
| -58% | -$4.86M |
|
4672
PUT
MINISO
MNSO
$3.08B
| $3.49M | ﹤0.01% |
191,300
+33,100
| +21% | +$595K |
|
4673
Syndax Pharmaceuticals
SNDX
$1.74B
| $3.48M | ﹤0.01% |
371,463
+41,557
| +13% | +$457K |
|
4674
Global X Blockchain ETF
BKCH
$261M
| $3.48M | ﹤0.01% |
66,009
+54,004
| +450% | +$2.23M |
|
4675
WisdomTree Japan Hedged Equity Fund
DXJ
$7.34B
| $3.48M | ﹤0.01% |
30,417
-14,534
| -32% | -$1.59M |
|
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.