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 | |
|---|---|---|---|---|---|---|
4676
CALL
Artisan Partners
APAM
$3.09B
| $3.48M | ﹤0.01% |
78,400
+17,100
| +28% | +$683K |
|
|
DFDV
4677
PUT
DeFi Development Corp
DFDV
$154M
| $3.48M | ﹤0.01% |
+178,310
| New | +$2.57M |
|
4678
Impinj
PI
$5.2B
| $3.47M | ﹤0.01% |
31,280
-20,572
| -40% | -$2.04M |
|
4679
CALL
FormFactor
FORM
$7.94B
| $3.47M | ﹤0.01% |
100,900
-66,300
| -40% | -$2.01M |
|
4680
IDT Corp
IDT
$1.72B
| $3.47M | ﹤0.01% |
50,750
+21,460
| +73% | +$1.23M |
|
4681
PUT
Antero Midstream
AM
$10.6B
| $3.47M | ﹤0.01% |
182,900
-6,900
| -4% | -$123K |
|
4682
PUT
Zillow
ZG
$8.23B
| $3.47M | ﹤0.01% |
50,600
+44,200
| +691% | +$2.93M |
|
|
MASI
4683
PUT
DELISTED
Masimo
MASI
| $3.47M | ﹤0.01% |
20,600
+9,300
| +82% | +$1.49M |
|
4684
CALL
Varonis Systems
VRNS
$5.04B
| $3.46M | ﹤0.01% |
68,200
-12,600
| -16% | -$573K |
|
4685
InfraCap MLP ETF
AMZA
$481M
| $3.46M | ﹤0.01% |
79,842
-1,600
| -2% | -$68.1K |
|
4686
Levi Strauss
LEVI
$8.19B
| $3.46M | ﹤0.01% |
187,106
-186,900
| -50% | -$3.11M |
|
4687
CALL
Bank of Hawaii
BOH
$3.05B
| $3.46M | ﹤0.01% |
51,200
-5,400
| -10% | -$359K |
|
|
HOLX
4688
DELISTED
Hologic
HOLX
| $3.46M | ﹤0.01% |
53,024
+11,378
| +27% | +$682K |
|
4689
Weyerhaeuser
WY
$17B
| $3.45M | ﹤0.01% |
134,304
+69,667
| +108% | +$1.82M |
|
4690
CALL
Tecnoglass Holdings
TGLS
$1.78B
| $3.45M | ﹤0.01% |
44,600
+12,400
| +39% | +$962K |
|
4691
Fox Class B
FOX
$25.8B
| $3.45M | ﹤0.01% |
66,821
-626
| -0.9% | -$30.5K |
|
4692
Spectrum Brands
SPB
$2.04B
| $3.45M | ﹤0.01% |
65,078
-131,058
| -67% | -$7.82M |
|
4693
Scholar Rock
SRRK
$7.04B
| $3.45M | ﹤0.01% |
97,334
-63,440
| -39% | -$1.99M |
|
4694
PUT
ProShares UltraPro Short S&P 500
SPXU
$387M
| $3.44M | ﹤0.01% |
51,225
+18,725
| +58% | +$1.66M |
|
|
SMST
4695
CALL
Defiance Daily Target 2x Short MSTR ETF
SMST
$15.9M
| $3.44M | ﹤0.01% |
143,800
+131,240
| +1,045% | +$4.76M |
|
|
DEXC
4696
Dimensional Emerging Markets ex China Core Equity ETF
DEXC
$326M
| $3.44M | ﹤0.01% |
63,052
+54,204
| +613% | +$2.73M |
|
4697
Sanofi
SNY
$107B
| $3.44M | ﹤0.01% |
71,204
+64,378
| +943% | +$3.29M |
|
4698
ArcBest
ARCB
$3.05B
| $3.44M | ﹤0.01% |
44,659
+3,290
| +8% | +$214K |
|
4699
Cincinnati Financial
CINF
$26.4B
| $3.44M | ﹤0.01% |
23,086
-42,399
| -65% | -$6.07M |
|
4700
PUT
USA Compression Partners
USAC
$3.9B
| $3.44M | ﹤0.01% |
141,300
+100,600
| +247% | +$2.49M |
|
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.