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 | |
|---|---|---|---|---|---|---|
|
SAIL
4851
CALL
SailPoint Inc
SAIL
$11.2B
| $3.17M | ﹤0.01% |
+138,800
| New | +$2.62M |
|
4852
PUT
Loews
L
$22.4B
| $3.17M | ﹤0.01% |
34,600
+31,100
| +889% | +$2.73M |
|
4853
CALL
Direxion Daily Healthcare Bull 3X ETF
CURE
$191M
| $3.17M | ﹤0.01% |
40,200
-1,700
| -4% | -$137K |
|
4854
Avantis International Small Cap Value ETF
AVDV
$20.3B
| $3.17M | ﹤0.01% |
+39,964
| New | +$2.96M |
|
4855
Fidelity Value Factor ETF
FVAL
$1.36B
| $3.16M | ﹤0.01% |
49,535
+26,498
| +115% | +$1.59M |
|
4856
PUT
DHT Holdings
DHT
$3.17B
| $3.16M | ﹤0.01% |
292,500
+65,000
| +29% | +$717K |
|
4857
CALL
Elanco Animal Health
ELAN
$12B
| $3.16M | ﹤0.01% |
221,400
-102,200
| -32% | -$1.19M |
|
|
OPLN
4858
Openlane
OPLN
$4.28B
| $3.16M | ﹤0.01% |
129,238
-6,910
| -5% | -$146K |
|
4859
iShares Treasury Floating Rate Bond ETF
TFLO
$6.68B
| $3.16M | ﹤0.01% |
62,360
+29,544
| +90% | +$1.49M |
|
4860
Chefs' Warehouse
CHEF
$4.69B
| $3.16M | ﹤0.01% |
49,479
+997
| +2% | +$59.2K |
|
|
BTC
4861
PUT
Grayscale Bitcoin Mini Trust ETF
BTC
$4.11B
| $3.16M | ﹤0.01% |
66,100
+30,500
| +86% | +$1.33M |
|
|
VNET
4862
CALL
VNET Group
VNET
$1.86B
| $3.15M | ﹤0.01% |
457,100
-570,500
| -56% | -$3.42M |
|
4863
PUT
Scholar Rock
SRRK
$7.04B
| $3.15M | ﹤0.01% |
88,900
-67,400
| -43% | -$2.12M |
|
4864
PUT
West Fraser Timber
WFG
$5.3B
| $3.14M | ﹤0.01% |
42,900
+32,600
| +317% | +$2.42M |
|
|
MNRS
4865
Grayscale Bitcoin Miners ETF
MNRS
$10.7M
| $3.14M | ﹤0.01% |
125,196
-20,360
| -14% | -$407K |
|
|
GES
4866
CALL
DELISTED
Guess Inc
GES
| $3.14M | ﹤0.01% |
260,000
+75,500
| +41% | +$843K |
|
4867
Dick's Sporting Goods
DKS
$12.1B
| $3.14M | ﹤0.01% |
15,891
-15,392
| -49% | -$2.85M |
|
4868
PUT
Uranium Energy
UEC
$6.14B
| $3.14M | ﹤0.01% |
462,200
+80,300
| +21% | +$450K |
|
4869
CALL
Trinity Capital Inc
TRIN
$1.76B
| $3.14M | ﹤0.01% |
+223,200
| New | +$3.22M |
|
4870
iShares Morningstar US Equity ETF
ILCB
$1.31B
| $3.14M | ﹤0.01% |
36,581
+23,313
| +176% | +$1.85M |
|
4871
CALL
Century Communities
CCS
$1.97B
| $3.14M | ﹤0.01% |
55,700
+10,600
| +24% | +$594K |
|
4872
PUT
Acuity Brands
AYI
$10B
| $3.13M | ﹤0.01% |
10,500
+7,800
| +289% | +$2.02M |
|
4873
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$548M
| $3.13M | ﹤0.01% |
33,902
+25,186
| +289% | +$2.3M |
|
4874
PUT
Vanguard Russell 2000 ETF
VTWO
$17B
| $3.13M | ﹤0.01% |
+35,900
| New | +$2.92M |
|
4875
CALL
Hawaiian Electric Industries
HE
$1.97B
| $3.13M | ﹤0.01% |
294,400
+33,100
| +13% | +$345K |
|
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.