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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.93% |
| 2 | Communication Services | 0.62% |
| 3 | Consumer Discretionary | 0.62% |
| 4 | Industrials | 0.48% |
| 5 | Healthcare | 0.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
TSMC
TSM
$2.17T
| $8.04B | 0.63% |
16,843,200
+2,751,500
| +20% | +$1.12B |
|
27
PUT
Apple
AAPL
$4.51T
| $7.85B | 0.61% |
27,144,600
+6,966,000
| +35% | +$1.99B |
|
28
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $7.25B | 0.56% |
24,136,000
+2,735,100
| +13% | +$769M |
|
|
29
PUT
Microsoft
MSFT
$3.59T
| $7.21B | 0.56% |
19,333,100
+4,319,600
| +29% | +$1.75B |
|
30
PUT
Intel
INTC
$476B
| $7.15B | 0.56% |
51,233,700
+7,964,300
| +18% | +$805M |
|
|
31
CALL
Intel
INTC
$476B
| $6.87B | 0.54% |
49,208,100
-1,800,400
| -4% | -$182M |
|
32
CALL
Broadcom
AVGO
$1.75T
| $6.65B | 0.52% |
17,612,000
+3,300,500
| +23% | +$1.32B |
|
33
PUT
Meta Platforms (Facebook)
META
$1.4T
| $6.36B | 0.5% |
11,286,900
+878,300
| +8% | +$537M |
|
|
34
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $6.27B | 0.49% |
17,749,200
+850,700
| +5% | +$304M |
|
35
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20.6B
| $6.15B | 0.48% |
23,061,900
+1,502,800
| +7% | +$253M |
|
|
36
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $6.03B | 0.47% |
16,872,500
-1,191,000
| -7% | -$429M |
|
|
37
PUT
Amazon
AMZN
$2.79T
| $5.55B | 0.43% |
23,306,900
+3,770,700
| +19% | +$946M |
|
38
PUT
SPDR Gold Trust
GLD
$152B
| $5.51B | 0.43% |
14,969,500
+349,500
| +2% | +$145M |
|
|
39
PUT
Broadcom
AVGO
$1.75T
| $5.35B | 0.42% |
14,174,100
+886,200
| +7% | +$355M |
|
40
CALL
Marvell Technology
MRVL
$213B
| $5.15B | 0.4% |
17,293,600
+7,226,200
| +72% | +$1.45B |
|
|
41
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $5.07B | 0.4% |
14,360,500
+4,601,700
| +47% | +$1.64B |
|
42
CALL
Goldman Sachs
GS
$303B
| $4.99B | 0.39% |
4,933,800
+210,200
| +4% | +$205M |
|
43
CALL
Eli Lilly
LLY
$1.12T
| $4.52B | 0.35% |
3,769,500
+558,700
| +17% | +$571M |
|
44
CALL
UnitedHealth
UNH
$350B
| $4.4B | 0.34% |
10,595,900
-5,324,400
| -33% | -$1.97B |
|
45
PUT
Applied Materials
AMAT
$391B
| $4.31B | 0.34% |
5,962,800
+2,987,300
| +100% | +$1.38B |
|
|
46
Invesco QQQ Trust
QQQ
$486B
| $4.29B | 0.33% |
5,825,227
-2,591,841
| -31% | -$1.78B |
|
47
CALL
Netflix
NFLX
$331B
| $4.19B | 0.33% |
58,739,300
+211,700
| +0.4% | +$18.6M |
|
|
48
NVIDIA
NVDA
$5.2T
| $4.16B | 0.32% |
20,815,494
+11,965,950
| +135% | +$2.46B |
|
49
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $4.07B | 0.32% |
47,096,700
+10,250,200
| +28% | +$880M |
|
50
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $4.05B | 0.32% |
5,896,900
+4,936,900
| +514% | +$3.29B |
|
Similar funds
Jeff Yass's Q2 2026 Portfolio in Review
As of Q2 2026, Jeff Yass held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $142B of net new capital in Q2 2026, opening 1,956 new positions and adding to 5,793 existing holdings. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, up from 2% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.78B trimmed.
- Jeff Yass's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Jeff Yass's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Jeff Yass's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Jeff Yass opened 1,956 new positions and closed 1,748 in Q2 2026.
- Jeff Yass's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.