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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CALL
Alibaba
BABA
$286B
| $4.81B | 0.55% |
26,936,800
+6,666,600
| +33% | +$874M |
|
27
CALL
Netflix
NFLX
$331B
| $4.78B | 0.55% |
39,868,000
-2,361,000
| -6% | -$288M |
|
|
28
CALL
Broadcom
AVGO
$1.75T
| $4.69B | 0.54% |
14,230,300
+596,300
| +4% | +$183M |
|
|
29
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $4.64B | 0.53% |
19,094,200
+993,300
| +5% | +$208M |
|
30
PUT
Amazon
AMZN
$2.79T
| $4.57B | 0.52% |
20,835,200
+751,300
| +4% | +$170M |
|
|
31
PUT
Broadcom
AVGO
$1.75T
| $4.54B | 0.52% |
13,752,500
+1,252,100
| +10% | +$384M |
|
32
PUT
TSMC
TSM
$2.17T
| $4.53B | 0.52% |
16,226,600
-752,400
| -4% | -$184M |
|
|
33
CALL
TSMC
TSM
$2.17T
| $4.5B | 0.51% |
16,119,700
+1,264,700
| +9% | +$309M |
|
34
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $4.48B | 0.51% |
18,509,000
+2,530,600
| +16% | +$581M |
|
35
CALL
Oracle
ORCL
$422B
| $4.42B | 0.51% |
15,718,400
+8,094,700
| +106% | +$2.06B |
|
36
CALL
Applovin
APP
$102B
| $4.38B | 0.5% |
6,101,400
+1,168,800
| +24% | +$539M |
|
37
CALL
Advanced Micro Devices
AMD
$773B
| $4.28B | 0.49% |
26,451,100
+57,100
| +0.2% | +$9.21M |
|
38
CALL
Robinhood
HOOD
$97.2B
| $4.11B | 0.47% |
28,711,900
+6,048,600
| +27% | +$660M |
|
39
CALL
Coinbase
COIN
$49.2B
| $4.1B | 0.47% |
12,149,100
+2,022,800
| +20% | +$686M |
|
|
40
PUT
Applovin
APP
$102B
| $3.83B | 0.44% |
5,333,000
+2,584,500
| +94% | +$1.19B |
|
41
PUT
SPDR Gold Trust
GLD
$152B
| $3.73B | 0.43% |
10,506,400
+1,926,200
| +22% | +$614M |
|
42
CALL
Eli Lilly
LLY
$1.12T
| $3.71B | 0.42% |
4,867,900
+1,475,900
| +44% | +$1.1B |
|
|
43
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $3.48B | 0.4% |
14,294,300
-1,175,500
| -8% | -$247M |
|
|
44
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $3.36B | 0.38% |
37,635,100
-1,481,700
| -4% | -$130M |
|
45
PUT
Costco
COST
$420B
| $3.34B | 0.38% |
3,609,600
+735,500
| +26% | +$705M |
|
|
46
CALL
iShares Bitcoin Trust
IBIT
$57.7B
| $3.28B | 0.38% |
50,522,000
+24,935,500
| +97% | +$1.62B |
|
|
47
PUT
Oracle
ORCL
$422B
| $3.24B | 0.37% |
11,512,400
+6,041,600
| +110% | +$1.54B |
|
48
CALL
Strategy Inc
MSTR
$47.4B
| $3.17B | 0.36% |
9,832,600
-765,400
| -7% | -$284M |
|
|
49
PUT
Eli Lilly
LLY
$1.12T
| $2.93B | 0.33% |
3,839,900
+723,200
| +23% | +$538M |
|
50
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.93B | 0.33% |
5,819,200
+1,918,000
| +49% | +$929M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.