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 | |
|---|---|---|---|---|---|---|
5001
Enerpac Tool Group
EPAC
$1.92B
| $2.94M | ﹤0.01% |
72,458
+8,459
| +13% | +$356K |
|
5002
PUT
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| $2.94M | ﹤0.01% |
10,300
-11,100
| -52% | -$2.92M |
|
|
SEI
5003
Solaris Energy Infrastructure
SEI
$3.28B
| $2.94M | ﹤0.01% |
103,814
-49,614
| -32% | -$1.17M |
|
5004
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $2.94M | ﹤0.01% |
29,600
+24,100
| +438% | +$2.36M |
|
5005
Extreme Networks
EXTR
$2.95B
| $2.94M | ﹤0.01% |
163,552
-60,285
| -27% | -$888K |
|
5006
Invesco FTSE RAFI Emerging Markets ETF
PXH
$2.01B
| $2.93M | ﹤0.01% |
125,441
+90,608
| +260% | +$2M |
|
5007
Simplify Hedged Equity ETF
HEQT
$303M
| $2.93M | ﹤0.01% |
97,634
+49,668
| +104% | +$1.44M |
|
5008
Trump Media & Technology Group
DJT
$2.68B
| $2.93M | ﹤0.01% |
+162,617
| New | +$3.54M |
|
5009
TC Energy
TRP
$64.4B
| $2.93M | ﹤0.01% |
60,102
+50,346
| +516% | +$2.47M |
|
5010
Adient
ADNT
$1.47B
| $2.93M | ﹤0.01% |
150,564
-39,711
| -21% | -$587K |
|
5011
CALL
Saic
SAIC
$5.33B
| $2.93M | ﹤0.01% |
26,000
-14,900
| -36% | -$1.7M |
|
|
CON
5012
Concentra Group Holdings
CON
$4.37B
| $2.92M | ﹤0.01% |
142,179
-58,127
| -29% | -$1.24M |
|
5013
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$91.2M
| $2.92M | ﹤0.01% |
53,947
+37,119
| +221% | +$1.92M |
|
5014
PUT
Herbalife
HLF
$1.3B
| $2.92M | ﹤0.01% |
338,800
-70,100
| -17% | -$521K |
|
5015
Viasat
VSAT
$9.28B
| $2.92M | ﹤0.01% |
199,901
+37,138
| +23% | +$376K |
|
5016
Ultragenyx Pharmaceutical
RARE
$2.52B
| $2.92M | ﹤0.01% |
80,223
-40,237
| -33% | -$1.45M |
|
5017
Cogent Biosciences
COGT
$6.02B
| $2.92M | ﹤0.01% |
406,118
+269,376
| +197% | +$1.49M |
|
5018
PUT
PagerDuty
PD
$1.09B
| $2.92M | ﹤0.01% |
190,800
+125,700
| +193% | +$1.95M |
|
5019
PUT
CorMedix
CRMD
$647M
| $2.91M | ﹤0.01% |
236,600
-144,400
| -38% | -$1.59M |
|
5020
Enovis
ENOV
$1.44B
| $2.91M | ﹤0.01% |
92,908
-145,580
| -61% | -$4.82M |
|
5021
PUT
Green Brick Partners
GRBK
$3.15B
| $2.91M | ﹤0.01% |
46,300
+31,200
| +207% | +$1.85M |
|
5022
PUT
Prothena Corp
PRTA
$479M
| $2.91M | ﹤0.01% |
479,500
+452,100
| +1,650% | +$3.39M |
|
5023
CALL
iShares US Financials ETF
IYF
$4.31B
| $2.9M | ﹤0.01% |
24,000
+2,900
| +14% | +$327K |
|
5024
Interparfums
IPAR
$3.77B
| $2.9M | ﹤0.01% |
22,106
-6,355
| -22% | -$777K |
|
5025
iShares MSCI BIC ETF
BKF
$75.3M
| $2.9M | ﹤0.01% |
69,999
+7,803
| +13% | +$311K |
|
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.