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 | |
|---|---|---|---|---|---|---|
526
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $163M | 0.02% |
709,200
-48,200
| -6% | -$10.8M |
|
527
PepsiCo
PEP
$197B
| $163M | 0.02% |
1,233,414
+1,033,396
| +517% | +$139M |
|
528
CALL
Cadence Design Systems
CDNS
$87B
| $163M | 0.02% |
527,800
-35,400
| -6% | -$10.3M |
|
529
CALL
Comcast
CMCSA
$95.9B
| $162M | 0.02% |
4,531,300
-1,162,800
| -20% | -$40.2M |
|
530
CALL
Workday
WDAY
$49.2B
| $161M | 0.02% |
670,200
+116,500
| +21% | +$28.4M |
|
531
PUT
Wynn Resorts
WYNN
$10.2B
| $161M | 0.02% |
1,715,700
+224,300
| +15% | +$19M |
|
532
CALL
Nice
NICE
$5.87B
| $160M | 0.02% |
950,200
-97,700
| -9% | -$15.7M |
|
533
CALL
Northrop Grumman
NOC
$78B
| $160M | 0.02% |
320,500
-53,700
| -14% | -$26.4M |
|
534
McDonald's
MCD
$193B
| $160M | 0.02% |
546,028
+329,867
| +153% | +$102M |
|
535
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $159M | 0.02% |
3,757,268
-1,154,600
| -24% | -$48.1M |
|
536
CALL
Take-Two Interactive
TTWO
$43.7B
| $159M | 0.02% |
655,800
-46,900
| -7% | -$10.6M |
|
537
CALL
Ford
F
$55.5B
| $159M | 0.02% |
14,638,400
-1,154,200
| -7% | -$11.8M |
|
538
CALL
CAVA Group
CAVA
$8.4B
| $158M | 0.02% |
1,881,200
+660,900
| +54% | +$56.4M |
|
539
CALL
Nutanix
NTNX
$18B
| $158M | 0.02% |
2,071,400
+213,200
| +11% | +$15.3M |
|
540
PUT
Nucor
NUE
$55.5B
| $158M | 0.02% |
1,218,600
+201,500
| +20% | +$23.5M |
|
541
PUT
Synopsys
SNPS
$75.5B
| $158M | 0.02% |
307,500
+73,800
| +32% | +$34.4M |
|
542
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $157M | 0.02% |
906,700
+511,600
| +129% | +$72.1M |
|
|
543
PUT
Northrop Grumman
NOC
$78B
| $157M | 0.02% |
314,500
-67,900
| -18% | -$33.4M |
|
544
PUT
Futu Holdings
FUTU
$16.2B
| $157M | 0.02% |
1,266,600
-107,700
| -8% | -$11M |
|
545
PUT
HCA Healthcare
HCA
$92.9B
| $156M | 0.02% |
408,300
-2,900
| -0.7% | -$1.04M |
|
|
FINV
546
FinVolution Group
FINV
$1.02B
| $156M | 0.02% |
16,494,630
-532
| -0% | -$4.55K |
|
547
PUT
Marathon Digital Holdings
MARA
$4.32B
| $156M | 0.02% |
9,955,300
+4,325,700
| +77% | +$61.9M |
|
548
CALL
Kroger
KR
$36.2B
| $156M | 0.02% |
2,175,200
-4,200
| -0.2% | -$290K |
|
549
CALL
SiriusXM
SIRI
$9.59B
| $153M | 0.02% |
6,657,400
+1,218,300
| +22% | +$26.2M |
|
550
Newmont
NEM
$139B
| $153M | 0.02% |
2,623,374
-159,746
| -6% | -$8.53M |
|
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.