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 | |
|---|---|---|---|---|---|---|
4826
Privia Health
PRVA
$2.66B
| $3.23M | ﹤0.01% |
140,314
+14,000
| +11% | +$324K |
|
4827
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.34B
| $3.22M | ﹤0.01% |
28,200
+2,000
| +8% | +$219K |
|
4828
iShares International Developed Real Estate ETF
IFGL
$81M
| $3.22M | ﹤0.01% |
141,809
+65,203
| +85% | +$1.39M |
|
4829
Packaging Corp of America
PKG
$21.4B
| $3.22M | ﹤0.01% |
17,086
+1,642
| +11% | +$310K |
|
4830
Sabre
SABR
$888M
| $3.21M | ﹤0.01% |
1,016,449
+130,457
| +15% | +$335K |
|
|
SKX
4831
DELISTED
Skechers
SKX
| $3.21M | ﹤0.01% |
50,893
-17,808
| -26% | -$1.02M |
|
4832
Columbia Banking Systems
COLB
$8.51B
| $3.21M | ﹤0.01% |
137,351
-24,168
| -15% | -$560K |
|
4833
PUT
Royalty Pharma
RPRX
$27.1B
| $3.21M | ﹤0.01% |
89,100
+43,900
| +97% | +$1.45M |
|
|
DFDV
4834
DeFi Development Corp
DFDV
$154M
| $3.21M | ﹤0.01% |
+164,504
| New | +$2.37M |
|
4835
CALL
United Bankshares
UBSI
$6.48B
| $3.21M | ﹤0.01% |
88,000
+35,500
| +68% | +$1.25M |
|
4836
CALL
PAR Technology
PAR
$792M
| $3.2M | ﹤0.01% |
46,200
+1,700
| +4% | +$106K |
|
4837
Fastly Inc
FSLY
$3.67B
| $3.2M | ﹤0.01% |
452,960
+70,077
| +18% | +$470K |
|
4838
First Trust Value Line Dividend Fund
FVD
$8.26B
| $3.2M | ﹤0.01% |
71,515
-500
| -0.7% | -$22K |
|
4839
PUT
Piper Sandler
PIPR
$5.34B
| $3.2M | ﹤0.01% |
46,000
+19,200
| +72% | +$1.2M |
|
|
MRX
4840
Marex Group Limited Ordinary Shares
MRX
$5.24B
| $3.2M | ﹤0.01% |
80,963
+46,321
| +134% | +$1.93M |
|
4841
PUT
Kiniksa Pharmaceuticals
KNSA
$6.09B
| $3.19M | ﹤0.01% |
+115,400
| New | +$2.94M |
|
|
ITOS
4842
PUT
DELISTED
iTeos Therapeutics
ITOS
| $3.19M | ﹤0.01% |
320,100
+177,200
| +124% | +$1.43M |
|
4843
New Fortress Energy
NFE
$83.6M
| $3.19M | ﹤0.01% |
960,952
+313,463
| +48% | +$1.36M |
|
|
BASE
4844
CALL
DELISTED
Couchbase
BASE
| $3.19M | ﹤0.01% |
130,700
+102,800
| +368% | +$1.87M |
|
4845
PUT
Gen Digital
GEN
$18.6B
| $3.18M | ﹤0.01% |
108,300
+30,500
| +39% | +$834K |
|
4846
AB InBev
BUD
$158B
| $3.18M | ﹤0.01% |
46,305
+33,410
| +259% | +$2.24M |
|
4847
Broadridge
BR
$20.9B
| $3.18M | ﹤0.01% |
13,079
+3,311
| +34% | +$787K |
|
4848
Expeditors International
EXPD
$24.8B
| $3.18M | ﹤0.01% |
27,790
+5,091
| +22% | +$570K |
|
4849
CALL
Western Union
WU
$2.26B
| $3.17M | ﹤0.01% |
376,900
-171,000
| -31% | -$1.63M |
|
4850
PUT
Douglas Emmett
DEI
$1.97B
| $3.17M | ﹤0.01% |
211,000
+166,800
| +377% | +$2.41M |
|
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.