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 | |
|---|---|---|---|---|---|---|
501
CALL
Ulta Beauty
ULTA
$23.2B
| $223M | 0.03% |
408,400
+5,600
| +1% | +$2.87M |
|
502
PayPal
PYPL
$52.8B
| $222M | 0.03% |
3,316,505
+525,783
| +19% | +$37.1M |
|
503
CALL
Opendoor
OPEN
$3.33B
| $222M | 0.03% |
28,792,903
+27,375,686
| +1,932% | +$111M |
|
504
CALL
Deere & Co
DE
$175B
| $222M | 0.03% |
484,700
+2,600
| +0.5% | +$1.28M |
|
|
XYZ
505
PUT
Block Inc
XYZ
$48.9B
| $221M | 0.03% |
3,061,900
-751,200
| -20% | -$56.2M |
|
506
PUT
Ford
F
$55.5B
| $221M | 0.03% |
18,479,000
+2,815,000
| +18% | +$32.4M |
|
507
PUT
GameStop
GME
$8.09B
| $218M | 0.03% |
8,008,700
-1,918,900
| -19% | -$45.5M |
|
508
PUT
Marathon Digital Holdings
MARA
$4.32B
| $218M | 0.03% |
11,961,000
+2,005,700
| +20% | +$33.8M |
|
509
PUT
Fair Isaac
FICO
$25.2B
| $218M | 0.02% |
145,700
-41,700
| -22% | -$62.7M |
|
510
CALL
Philip Morris
PM
$298B
| $218M | 0.02% |
1,341,300
-556,400
| -29% | -$93.6M |
|
511
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $217M | 0.02% |
4,032,644
-1,147,876
| -22% | -$60.8M |
|
512
PUT
American Airlines Group
AAL
$9.02B
| $217M | 0.02% |
19,320,500
-3,317,400
| -15% | -$40.9M |
|
513
CALL
Airbnb
ABNB
$112B
| $214M | 0.02% |
1,759,700
+116,900
| +7% | +$15.1M |
|
514
Target
TGT
$77.2B
| $213M | 0.02% |
2,375,893
+867,385
| +57% | +$85.4M |
|
515
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $212M | 0.02% |
1,525,400
-438,100
| -22% | -$59.3M |
|
516
PUT
Linde
LIN
$226B
| $211M | 0.02% |
443,200
+147,700
| +50% | +$69.9M |
|
517
CALL
Gilead Sciences
GILD
$182B
| $210M | 0.02% |
1,889,800
-364,300
| -16% | -$41.4M |
|
518
CALL
Nu Holdings
NU
$71.3B
| $210M | 0.02% |
13,097,500
+5,340,400
| +69% | +$74.5M |
|
519
CALL
Wolfspeed
WOLF
$1.29B
| $209M | 0.02% |
7,319,300
+3,674,400
| +101% | +$8.61M |
|
520
PUT
Upstart Holdings
UPST
$2.91B
| $209M | 0.02% |
4,113,100
+1,940,500
| +89% | +$137M |
|
521
PUT
Honeywell
HON
$68.1B
| $209M | 0.02% |
1,051,345
+69,177
| +7% | +$14.5M |
|
522
CALL
3M
MMM
$92.3B
| $208M | 0.02% |
1,343,300
+165,700
| +14% | +$25.5M |
|
523
PUT
S&P Global
SPGI
$128B
| $208M | 0.02% |
427,100
+62,200
| +17% | +$33.3M |
|
524
Kenvue
KVUE
$37.3B
| $207M | 0.02% |
12,724,320
+7,684,890
| +152% | +$157M |
|
525
CALL
Marathon Petroleum
MPC
$102B
| $206M | 0.02% |
1,070,000
+43,500
| +4% | +$7.65M |
|
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.