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 | |
|---|---|---|---|---|---|---|
526
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $206M | 0.02% |
345,300
-142,800
| -29% | -$83.8M |
|
527
CALL
Lennar Class A
LEN
$21.2B
| $206M | 0.02% |
1,632,000
+760,600
| +87% | +$94.4M |
|
528
CALL
Boston Scientific
BSX
$71B
| $206M | 0.02% |
2,106,500
+46,800
| +2% | +$4.85M |
|
529
PUT
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.6B
| $205M | 0.02% |
2,052,000
+1,659,700
| +423% | +$166M |
|
530
CALL
FedEx
FDX
$79.1B
| $204M | 0.02% |
865,300
-306,700
| -26% | -$70.7M |
|
531
PUT
Dollar General
DG
$27.6B
| $204M | 0.02% |
1,971,000
-921,000
| -32% | -$101M |
|
532
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.63B
| $203M | 0.02% |
9,593,800
+2,858,800
| +42% | +$38.7M |
|
533
GE Vernova
GEV
$251B
| $201M | 0.02% |
326,349
+39,919
| +14% | +$24.2M |
|
534
PUT
Etsy
ETSY
$7.99B
| $201M | 0.02% |
3,021,800
+970,600
| +47% | +$58M |
|
535
PUT
Estee Lauder
EL
$37.7B
| $199M | 0.02% |
2,258,800
-375,700
| -14% | -$33.5M |
|
536
PUT
Danaher
DHR
$151B
| $199M | 0.02% |
1,003,100
+232,300
| +30% | +$46.2M |
|
537
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $199M | 0.02% |
764,800
+55,600
| +8% | +$13.8M |
|
538
PUT
Wolfspeed
WOLF
$1.29B
| $198M | 0.02% |
6,916,900
+1,403,600
| +25% | +$3.29M |
|
539
CALL
Valero Energy
VLO
$99.6B
| $197M | 0.02% |
1,159,200
+79,900
| +7% | +$11.9M |
|
540
CALL
Microchip Technology
MCHP
$40.3B
| $197M | 0.02% |
3,073,100
-743,400
| -19% | -$50.4M |
|
541
Qualcomm
QCOM
$166B
| $197M | 0.02% |
1,184,650
-20,105
| -2% | -$3.19M |
|
542
CALL
Rivian
RIVN
$24B
| $197M | 0.02% |
13,401,500
+1,450,800
| +12% | +$19.4M |
|
543
PUT
Airbnb
ABNB
$112B
| $196M | 0.02% |
1,612,900
+307,300
| +24% | +$39.8M |
|
|
BMNR
544
CALL
BitMine Immersion Technologies
BMNR
$14.6B
| $196M | 0.02% |
+3,769,800
| New | +$191M |
|
545
CALL
Medtronic
MDT
$119B
| $196M | 0.02% |
2,053,600
-573,800
| -22% | -$52.7M |
|
546
CALL
SLB Ltd
SLB
$80.1B
| $195M | 0.02% |
5,687,600
+1,791,000
| +46% | +$62.3M |
|
547
CALL
Cheniere Energy
LNG
$58B
| $195M | 0.02% |
827,800
+52,500
| +7% | +$12.3M |
|
548
CALL
Dollar Tree
DLTR
$26.3B
| $194M | 0.02% |
2,057,700
-6,200
| -0.3% | -$663K |
|
549
Booking.com
BKNG
$160B
| $194M | 0.02% |
899,100
-651,050
| -42% | -$145M |
|
550
PUT
Gilead Sciences
GILD
$182B
| $193M | 0.02% |
1,740,900
-629,500
| -27% | -$71.6M |
|
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.