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 | |
|---|---|---|---|---|---|---|
4651
PUT
TTM Technologies
TTMI
$12.5B
| $3.41M | ﹤0.01% |
49,400
-44,700
| -48% | -$2.92M |
|
4652
CALL
Innovative Industrial Properties
IIPR
$1.55B
| $3.41M | ﹤0.01% |
71,900
+10,700
| +17% | +$554K |
|
4653
CALL
Allegiant Air
ALGT
$2.16B
| $3.39M | ﹤0.01% |
39,800
-11,900
| -23% | -$851K |
|
4654
CALL
HCI Group
HCI
$2.32B
| $3.39M | ﹤0.01% |
17,700
-225,100
| -93% | -$42.4M |
|
4655
PUT
Bit Digital
BTBT
$516M
| $3.39M | ﹤0.01% |
1,794,800
+175,400
| +11% | +$507K |
|
4656
C4 Therapeutics
CCCC
$474M
| $3.39M | ﹤0.01% |
1,775,783
+1,260,346
| +245% | +$2.99M |
|
4657
CALL
AdaptHealth
AHCO
$772M
| $3.38M | ﹤0.01% |
339,600
+31,800
| +10% | +$304K |
|
4658
Everest Group
EG
$14.5B
| $3.38M | ﹤0.01% |
9,954
-28,925
| -74% | -$9.55M |
|
4659
Global X Defense Tech ETF
SHLD
$7.33B
| $3.38M | ﹤0.01% |
52,116
+17,411
| +50% | +$1.15M |
|
4660
PUT
Installed Building Products
IBP
$6.53B
| $3.37M | ﹤0.01% |
13,000
-62,500
| -83% | -$16.2M |
|
4661
CALL
Leonardo DRS
DRS
$10.3B
| $3.37M | ﹤0.01% |
98,900
-82,100
| -45% | -$3.03M |
|
4662
Amplify Blockchain Technology ETF
BLOK
$1.09B
| $3.37M | ﹤0.01% |
59,257
+33,973
| +134% | +$2.19M |
|
4663
PUT
Teledyne Technologies
TDY
$28.8B
| $3.37M | ﹤0.01% |
6,600
+1,200
| +22% | +$632K |
|
|
SKYT
4664
PUT
DELISTED
SkyWater Technology
SKYT
| $3.37M | ﹤0.01% |
185,600
+18,200
| +11% | +$316K |
|
4665
PUT
Scholar Rock
SRRK
$7.04B
| $3.37M | ﹤0.01% |
76,500
-153,800
| -67% | -$5.77M |
|
4666
PUT
Hallador Energy
HNRG
$766M
| $3.37M | ﹤0.01% |
176,800
+33,500
| +23% | +$679K |
|
|
PPTA
4667
Perpetua Resources
PPTA
$3.14B
| $3.37M | ﹤0.01% |
139,010
+69,806
| +101% | +$1.72M |
|
4668
PUT
Host Hotels & Resorts
HST
$15.3B
| $3.37M | ﹤0.01% |
189,800
-78,500
| -29% | -$1.35M |
|
4669
PUT
Global X MSCI Argentina ETF
ARGT
$817M
| $3.36M | ﹤0.01% |
36,800
+1,900
| +5% | +$162K |
|
4670
CALL
Kyndryl
KD
$2.88B
| $3.36M | ﹤0.01% |
126,600
+33,400
| +36% | +$906K |
|
4671
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $3.36M | ﹤0.01% |
+63,578
| New | +$3.37M |
|
4672
Teradata
TDC
$2.68B
| $3.36M | ﹤0.01% |
110,383
-1,309
| -1% | -$34.3K |
|
4673
CorMedix
CRMD
$647M
| $3.36M | ﹤0.01% |
288,884
-159,541
| -36% | -$1.76M |
|
4674
CALL
UWM Holdings
UWMC
$2.39B
| $3.36M | ﹤0.01% |
766,700
+400
| +0.1% | +$2.15K |
|
4675
PUT
Ero Copper
ERO
$4.05B
| $3.36M | ﹤0.01% |
118,700
+95,500
| +412% | +$2.22M |
|
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.