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 | |
|---|---|---|---|---|---|---|
4876
PUT
Huntington Bancshares
HBAN
$34.2B
| $3.13M | ﹤0.01% |
186,500
-242,200
| -56% | -$3.65M |
|
4877
CALL
Bit Digital
BTBT
$516M
| $3.12M | ﹤0.01% |
1,426,600
-763,900
| -35% | -$1.69M |
|
4878
O-I Glass
OI
$1.14B
| $3.12M | ﹤0.01% |
211,845
-85,826
| -29% | -$1.1M |
|
4879
CALL
US Commodity Index
USCI
$390M
| $3.12M | ﹤0.01% |
42,600
+34,000
| +395% | +$2.41M |
|
4880
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $3.12M | ﹤0.01% |
52,000
+200
| +0.4% | +$11.2K |
|
4881
CALL
Choice Hotels
CHH
$4.9B
| $3.12M | ﹤0.01% |
24,600
-10,200
| -29% | -$1.29M |
|
4882
Global X SuperDividend ETF
SDIV
$1.23B
| $3.11M | ﹤0.01% |
138,100
+19,502
| +16% | +$410K |
|
4883
PUT
Itaú Unibanco
ITUB
$82.7B
| $3.11M | ﹤0.01% |
472,379
-506,399
| -52% | -$3.09M |
|
4884
CALL
Gates Industrial Corp
GTES
$6.55B
| $3.11M | ﹤0.01% |
135,200
+50,600
| +60% | +$1.02M |
|
4885
PUT
Huntsman Corp
HUN
$1.66B
| $3.11M | ﹤0.01% |
298,800
+123,200
| +70% | +$1.5M |
|
4886
CALL
AnaptysBio
ANAB
$1.67B
| $3.11M | ﹤0.01% |
140,100
+69,300
| +98% | +$1.45M |
|
4887
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.88B
| $3.11M | ﹤0.01% |
+57,006
| New | +$2.92M |
|
4888
Phinia Inc
PHIN
$2.52B
| $3.11M | ﹤0.01% |
69,831
+6,638
| +11% | +$280K |
|
4889
CALL
Ramaco Resources Class A
METC
$843M
| $3.11M | ﹤0.01% |
236,400
+186,746
| +376% | +$1.78M |
|
4890
PUT
Flowserve
FLS
$10.2B
| $3.1M | ﹤0.01% |
59,300
+41,600
| +235% | +$1.96M |
|
4891
Commerce Bancshares
CBSH
$8.32B
| $3.1M | ﹤0.01% |
52,395
-10,606
| -17% | -$622K |
|
4892
Innospec
IOSP
$2.35B
| $3.1M | ﹤0.01% |
36,861
+2,558
| +7% | +$224K |
|
4893
CALL
iShares 10-20 Year Treasury Bond ETF
TLH
$11B
| $3.1M | ﹤0.01% |
30,500
-40,300
| -57% | -$4.04M |
|
4894
United Parks & Resorts
PRKS
$1.93B
| $3.1M | ﹤0.01% |
65,719
-32,160
| -33% | -$1.44M |
|
4895
CALL
Extra Space Storage
EXR
$30.2B
| $3.1M | ﹤0.01% |
21,000
-19,500
| -48% | -$2.84M |
|
4896
CMS Energy
CMS
$21.4B
| $3.1M | ﹤0.01% |
44,686
+16,908
| +61% | +$1.2M |
|
4897
CALL
H&R Block
HRB
$6.47B
| $3.09M | ﹤0.01% |
56,300
+2,200
| +4% | +$127K |
|
4898
Blue Owl Capital
OWL
$8.22B
| $3.09M | ﹤0.01% |
160,828
+21,601
| +16% | +$400K |
|
4899
Macy's
M
$5.79B
| $3.09M | ﹤0.01% |
264,892
+32,663
| +14% | +$379K |
|
4900
Frontline
FRO
$9.84B
| $3.09M | ﹤0.01% |
188,198
-288,985
| -61% | -$4.9M |
|
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.