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 | |
|---|---|---|---|---|---|---|
4726
Savara
SVRA
$1.08B
| $3.28M | ﹤0.01% |
543,756
+522,392
| +2,445% | +$2.56M |
|
4727
PUT
PJT Partners
PJT
$4.67B
| $3.28M | ﹤0.01% |
19,600
+11,700
| +148% | +$2M |
|
4728
CALL
Ryder
R
$9.43B
| $3.27M | ﹤0.01% |
17,100
-20,300
| -54% | -$3.65M |
|
4729
PUT
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$94.8M
| $3.27M | ﹤0.01% |
155,600
-4,000
| -3% | -$81.6K |
|
4730
CALL
AMN Healthcare
AMN
$1.34B
| $3.27M | ﹤0.01% |
207,500
+181,900
| +711% | +$3.25M |
|
4731
CALL
Vanguard FTSE Europe ETF
VGK
$30.9B
| $3.27M | ﹤0.01% |
39,100
-18,600
| -32% | -$1.51M |
|
4732
CALL
Arqit Quantum
ARQQ
$349M
| $3.27M | ﹤0.01% |
149,400
+109,000
| +270% | +$3.77M |
|
4733
CALL
Polestar Automotive Holding UK
PSNY
$1.84B
| $3.27M | ﹤0.01% |
152,900
+149,453
| +4,336% | +$3.12M |
|
4734
PUT
Stem
STEM
$52.4M
| $3.27M | ﹤0.01% |
217,100
-68,500
| -24% | -$1.31M |
|
4735
Yext
YEXT
$693M
| $3.27M | ﹤0.01% |
405,175
+237,017
| +141% | +$2M |
|
4736
YieldMax Universe Fund of Option Income ETFs
YMAX
$387M
| $3.26M | ﹤0.01% |
327,070
+136,240
| +71% | +$1.55M |
|
4737
CALL
Jack in the Box
JACK
$311M
| $3.26M | ﹤0.01% |
172,200
+54,200
| +46% | +$980K |
|
4738
CALL
ESCO Technologies
ESE
$7.18B
| $3.26M | ﹤0.01% |
16,700
| – | – |
|
|
GES
4739
PUT
DELISTED
Guess Inc
GES
| $3.26M | ﹤0.01% |
194,800
+162,600
| +505% | +$2.75M |
|
4740
CALL
Evolv Technologies
EVLV
$949M
| $3.25M | ﹤0.01% |
454,600
-126,300
| -22% | -$898K |
|
4741
PUT
Crescent Energy
CRGY
$4.47B
| $3.25M | ﹤0.01% |
387,900
+200,100
| +107% | +$1.76M |
|
4742
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.86B
| $3.25M | ﹤0.01% |
84,055
+62,851
| +296% | +$2.39M |
|
4743
CALL
RB Global
RBA
$15.9B
| $3.25M | ﹤0.01% |
31,600
-47,400
| -60% | -$4.82M |
|
4744
Genworth Financial
GNW
$3.77B
| $3.25M | ﹤0.01% |
359,681
-277,448
| -44% | -$2.42M |
|
4745
PagerDuty
PD
$1.09B
| $3.24M | ﹤0.01% |
247,249
+91,858
| +59% | +$1.34M |
|
4746
Sweetgreen
SG
$830M
| $3.24M | ﹤0.01% |
479,275
-76,401
| -14% | -$525K |
|
4747
Better Home & Finance Holding
BETR
$263M
| $3.24M | ﹤0.01% |
99,391
+86,866
| +694% | +$4.7M |
|
4748
PUT
AllianceBernstein
AB
$3.43B
| $3.23M | ﹤0.01% |
84,000
+5,600
| +7% | +$222K |
|
4749
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $3.23M | ﹤0.01% |
+35,357
| New | +$3.22M |
|
4750
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$251M
| $3.23M | ﹤0.01% |
43,030
+1,150
| +3% | +$88.8K |
|
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.