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 | |
|---|---|---|---|---|---|---|
|
JFIN
5026
PUT
Jiayin Group
JFIN
$110M
| $2.9M | ﹤0.01% |
181,000
+16,100
| +10% | +$218K |
|
5027
Tiptree Inc
TIPT
$687M
| $2.9M | ﹤0.01% |
122,906
+83,037
| +208% | +$1.85M |
|
5028
PUT
AXIS Capital
AXS
$7.26B
| $2.9M | ﹤0.01% |
+27,900
| New | +$2.78M |
|
5029
PUT
MACOM Technology Solutions
MTSI
$20.3B
| $2.89M | ﹤0.01% |
20,200
-10,800
| -35% | -$1.26M |
|
5030
PUT
Sensata Technologies
ST
$5.97B
| $2.89M | ﹤0.01% |
96,100
+20,300
| +27% | +$498K |
|
5031
Simplify Managed Futures Strategy ETF
CTA
$1.58B
| $2.89M | ﹤0.01% |
+108,196
| New | +$3.01M |
|
5032
PUT
Varonis Systems
VRNS
$5.04B
| $2.89M | ﹤0.01% |
56,900
+38,400
| +208% | +$1.75M |
|
5033
Worthington Enterprises
WOR
$2.8B
| $2.89M | ﹤0.01% |
45,371
-21,398
| -32% | -$1.19M |
|
5034
Strategic Education
STRA
$1.88B
| $2.89M | ﹤0.01% |
33,912
-3,026
| -8% | -$257K |
|
5035
PUT
China Yuchai International
CYD
$1.43B
| $2.89M | ﹤0.01% |
120,700
-3,100
| -3% | -$54.4K |
|
5036
PUT
Globe Life
GL
$13.3B
| $2.88M | ﹤0.01% |
23,200
-78,800
| -77% | -$9.57M |
|
|
PMT
5037
PennyMac Mortgage Investment
PMT
$814M
| $2.88M | ﹤0.01% |
224,170
+95,232
| +74% | +$1.21M |
|
5038
Akebia Therapeutics
AKBA
$243M
| $2.88M | ﹤0.01% |
791,352
+104,073
| +15% | +$286K |
|
5039
Triumph Financial Inc
TFIN
$1.72B
| $2.88M | ﹤0.01% |
52,238
+9,589
| +22% | +$534K |
|
5040
AllianceBernstein
AB
$3.43B
| $2.88M | ﹤0.01% |
70,492
-256,095
| -78% | -$10M |
|
5041
PUT
Fiverr
FVRR
$340M
| $2.87M | ﹤0.01% |
98,000
-52,300
| -35% | -$1.5M |
|
5042
PUT
PBF Energy
PBF
$8.45B
| $2.87M | ﹤0.01% |
132,600
-115,200
| -46% | -$2.19M |
|
|
APLS
5043
PUT
DELISTED
Apellis Pharmaceuticals
APLS
| $2.87M | ﹤0.01% |
165,900
-3,700
| -2% | -$68.5K |
|
5044
VictoryShares US Value Momentum ETF
ULVM
$266M
| $2.87M | ﹤0.01% |
33,718
+11,660
| +53% | +$932K |
|
|
SVM
5045
Silvercorp Metals
SVM
$2.82B
| $2.87M | ﹤0.01% |
679,975
+117,723
| +21% | +$456K |
|
5046
PUT
Remitly
RELY
$5.62B
| $2.87M | ﹤0.01% |
152,700
+7,200
| +5% | +$150K |
|
5047
FB Financial Corp
FBK
$2.89B
| $2.86M | ﹤0.01% |
63,238
+8,855
| +16% | +$385K |
|
5048
CALL
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.4B
| $2.86M | ﹤0.01% |
87,700
+49,600
| +130% | +$1.47M |
|
5049
DigitalBridge
DBRG
$2.99B
| $2.86M | ﹤0.01% |
276,657
-7,476
| -3% | -$71.3K |
|
|
DCH
5050
Dauch Corp
DCH
$1.5B
| $2.86M | ﹤0.01% |
701,524
+306,892
| +78% | +$1.24M |
|
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.