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 | |
|---|---|---|---|---|---|---|
4776
CALL
Burford Capital
BUR
$957M
| $3.3M | ﹤0.01% |
231,500
+122,200
| +112% | +$1.6M |
|
4777
CALL
Compass
COMP
$8.42B
| $3.3M | ﹤0.01% |
525,600
+106,400
| +25% | +$729K |
|
4778
CALL
Adient
ADNT
$1.47B
| $3.3M | ﹤0.01% |
169,500
+48,600
| +40% | +$718K |
|
4779
PUT
Viasat
VSAT
$9.28B
| $3.3M | ﹤0.01% |
225,700
+101,600
| +82% | +$1.03M |
|
4780
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.07B
| $3.29M | ﹤0.01% |
76,111
+68,067
| +846% | +$2.74M |
|
4781
SEI Investments
SEIC
$13.4B
| $3.29M | ﹤0.01% |
36,588
+23,972
| +190% | +$1.93M |
|
4782
Immersion
IMMR
$254M
| $3.29M | ﹤0.01% |
417,149
+59,285
| +17% | +$441K |
|
4783
PUT
Danaos Corp
DAC
$2.74B
| $3.29M | ﹤0.01% |
38,100
+3,600
| +10% | +$295K |
|
4784
Northern Oil and Gas
NOG
$2.74B
| $3.29M | ﹤0.01% |
115,897
-3,696
| -3% | -$99.4K |
|
4785
PUT
Cirrus Logic
CRUS
$5.44B
| $3.28M | ﹤0.01% |
31,500
+14,100
| +81% | +$1.38M |
|
|
EIPI
4786
FT Energy Income Partners Enhanced Income ETF
EIPI
$1.1B
| $3.28M | ﹤0.01% |
166,475
+140,760
| +547% | +$2.72M |
|
4787
PUT
iShare MSCI Eurozone ETF
EZU
$9.87B
| $3.28M | ﹤0.01% |
55,200
+41,700
| +309% | +$2.36M |
|
4788
W.R. Berkley
WRB
$25.4B
| $3.28M | ﹤0.01% |
44,651
+5,535
| +14% | +$397K |
|
4789
PUT
iPath Series B S&P 500 VIX Mid-Term Futures ETN
VXZ
$29.2M
| $3.28M | ﹤0.01% |
56,100
-29,100
| -34% | -$1.76M |
|
4790
PUT
Chemours
CC
$2.35B
| $3.28M | ﹤0.01% |
286,400
+42,200
| +17% | +$476K |
|
4791
CALL
ThredUp
TDUP
$357M
| $3.28M | ﹤0.01% |
437,700
+346,000
| +377% | +$2.03M |
|
4792
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.2B
| $3.28M | ﹤0.01% |
29,280
-9,429
| -24% | -$975K |
|
4793
PUT
AdaptHealth
AHCO
$772M
| $3.27M | ﹤0.01% |
347,200
-186,100
| -35% | -$1.64M |
|
4794
United States Brent Oil Fund
BNO
$638M
| $3.27M | ﹤0.01% |
111,981
+76,483
| +215% | +$2.15M |
|
4795
Avantis US Large Cap Value ETF
AVLV
$19B
| $3.27M | ﹤0.01% |
47,870
+42,459
| +785% | +$2.73M |
|
4796
CALL
FLEX LNG
FLNG
$1.7B
| $3.26M | ﹤0.01% |
148,500
+50,200
| +51% | +$1.18M |
|
4797
Dana Inc
DAN
$3.26B
| $3.26M | ﹤0.01% |
190,239
+19,423
| +11% | +$290K |
|
4798
SELLAS Life Sciences
SLS
$2.67B
| $3.26M | ﹤0.01% |
1,489,672
+800,976
| +116% | +$1.23M |
|
4799
First Trust RBA American Industrial Renaissance ETF
AIRR
$9.55B
| $3.26M | ﹤0.01% |
40,077
-521
| -1% | -$38.4K |
|
4800
Lamb Weston
LW
$7.56B
| $3.26M | ﹤0.01% |
62,902
-10,537
| -14% | -$564K |
|
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.