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 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
B
501
PUT
Barrick Mining
B
$79.3B
| $173M | 0.02% |
8,325,600
+380,500
| +5% | +$7.44M |
|
502
PUT
Charter Communications
CHTR
$17.9B
| $173M | 0.02% |
423,500
-38,200
| -8% | -$14.6M |
|
503
PUT
Airbnb
ABNB
$112B
| $173M | 0.02% |
1,305,600
-580,700
| -31% | -$73.6M |
|
504
CALL
American Airlines Group
AAL
$9.02B
| $171M | 0.02% |
15,283,600
+305,500
| +2% | +$3.27M |
|
505
CALL
MP Materials
MP
$10.2B
| $171M | 0.02% |
5,140,700
+3,925,600
| +323% | +$100M |
|
506
CALL
Automatic Data Processing
ADP
$112B
| $171M | 0.02% |
554,500
+94,100
| +20% | +$28.9M |
|
507
CALL
Futu Holdings
FUTU
$16.2B
| $171M | 0.02% |
1,381,000
+36,200
| +3% | +$3.7M |
|
508
CALL
Marathon Petroleum
MPC
$102B
| $171M | 0.02% |
1,026,500
+254,000
| +33% | +$38.1M |
|
509
PUT
Ford
F
$55.5B
| $170M | 0.02% |
15,664,000
-6,025,500
| -28% | -$61.4M |
|
510
CALL
Zoom
ZM
$30.7B
| $169M | 0.02% |
2,173,500
-656,100
| -23% | -$50.7M |
|
511
CALL
Cencora
COR
$61.8B
| $169M | 0.02% |
564,900
+36,700
| +7% | +$10.6M |
|
512
PUT
Enphase Energy
ENPH
$4.91B
| $169M | 0.02% |
4,250,900
+1,407,000
| +49% | +$65M |
|
513
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $168M | 0.02% |
999,400
-59,300
| -6% | -$8.64M |
|
514
PUT
Rocket Lab Corp
RKLB
$43.7B
| $168M | 0.02% |
4,706,900
+586,500
| +14% | +$14.4M |
|
515
CALL
On Holding
ONON
$9.86B
| $168M | 0.02% |
3,230,900
-640,700
| -17% | -$32.6M |
|
516
CALL
HCA Healthcare
HCA
$92.9B
| $168M | 0.02% |
437,800
-118,300
| -21% | -$42.6M |
|
517
CALL
Coupang
CPNG
$29.6B
| $167M | 0.02% |
5,586,200
+2,941,800
| +111% | +$75.4M |
|
518
CALL
Constellation Brands
STZ
$23.5B
| $167M | 0.02% |
1,027,600
+190,700
| +23% | +$34.2M |
|
519
PUT
Boston Scientific
BSX
$71B
| $167M | 0.02% |
1,553,100
+403,700
| +35% | +$40.8M |
|
520
CALL
Fair Isaac
FICO
$25.2B
| $166M | 0.02% |
90,600
+47,300
| +109% | +$88.8M |
|
521
Eli Lilly
LLY
$1.11T
| $165M | 0.02% |
212,045
+127,705
| +151% | +$99.2M |
|
|
OKLO
522
CALL
Oklo
OKLO
$7.38B
| $165M | 0.02% |
2,939,600
+894,700
| +44% | +$34.5M |
|
523
CALL
Rivian
RIVN
$24B
| $164M | 0.02% |
11,950,700
-90,100
| -0.7% | -$1.22M |
|
524
PUT
General Motors
GM
$76.3B
| $164M | 0.02% |
3,322,600
-2,363,000
| -42% | -$112M |
|
525
CALL
Western Digital
WDC
$157B
| $163M | 0.02% |
2,553,100
-1,384,700
| -35% | -$65.9M |
|
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 deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% 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 $5.24B trimmed.
- 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.