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 | |
|---|---|---|---|---|---|---|
551
Mercado Libre
MELI
$98.8B
| $193M | 0.02% |
82,563
+59,611
| +260% | +$143M |
|
|
GLXY
552
PUT
Galaxy Digital Inc
GLXY
$4.44B
| $193M | 0.02% |
5,699,100
+4,596,800
| +417% | +$124M |
|
553
Adobe
ADBE
$110B
| $192M | 0.02% |
545,622
-313,871
| -37% | -$113M |
|
554
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $192M | 0.02% |
322,300
-116,100
| -26% | -$68.1M |
|
555
PUT
Analog Devices
ADI
$181B
| $192M | 0.02% |
779,800
+283,100
| +57% | +$68.1M |
|
556
PUT
NuScale Power
SMR
$3.71B
| $192M | 0.02% |
5,320,400
+2,473,600
| +87% | +$98.6M |
|
557
PUT
Apollo Global Management
APO
$78.4B
| $191M | 0.02% |
1,430,700
-219,700
| -13% | -$31.1M |
|
|
ETHA
558
iShares Ethereum Trust ETF
ETHA
$7.69B
| $190M | 0.02% |
6,028,689
+5,089,635
| +542% | +$151M |
|
559
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $189M | 0.02% |
4,183,500
+1,187,800
| +40% | +$46.8M |
|
560
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $189M | 0.02% |
997,000
-254,100
| -20% | -$47.3M |
|
561
Nike
NKE
$60.5B
| $189M | 0.02% |
2,712,097
-924,877
| -25% | -$68.9M |
|
562
PUT
Lyft
LYFT
$6.69B
| $189M | 0.02% |
8,590,100
+3,880,800
| +82% | +$64.9M |
|
563
CALL
Comcast
CMCSA
$95.9B
| $188M | 0.02% |
5,983,200
+1,451,900
| +32% | +$48.7M |
|
564
CALL
CleanSpark
CLSK
$3.06B
| $187M | 0.02% |
12,928,600
+1,341,600
| +12% | +$15.1M |
|
565
CALL
iShares Semiconductor ETF
SOXX
$41.3B
| $187M | 0.02% |
690,700
-482,900
| -41% | -$120M |
|
566
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$675M
| $186M | 0.02% |
3,430,800
-1,279,100
| -27% | -$59.4M |
|
567
CALL
Elevance Health
ELV
$87.3B
| $186M | 0.02% |
576,200
+333,600
| +138% | +$104M |
|
568
CALL
Fortinet
FTNT
$112B
| $186M | 0.02% |
2,212,800
+772,800
| +54% | +$69M |
|
569
CALL
SoundHound AI
SOUN
$3.11B
| $185M | 0.02% |
11,509,400
+6,910,700
| +150% | +$91.7M |
|
570
CALL
Roku
ROKU
$23.5B
| $185M | 0.02% |
1,847,500
+471,500
| +34% | +$43.5M |
|
571
Freeport-McMoran
FCX
$112B
| $185M | 0.02% |
4,715,927
+3,453,176
| +273% | +$150M |
|
|
572
PUT
Fortinet
FTNT
$112B
| $184M | 0.02% |
2,194,200
+876,700
| +67% | +$78.2M |
|
573
CALL
Moderna
MRNA
$55.4B
| $184M | 0.02% |
7,133,600
+1,726,900
| +32% | +$48.2M |
|
574
PUT
Agnico Eagle Mines
AEM
$110B
| $184M | 0.02% |
1,092,900
+378,700
| +53% | +$52M |
|
575
PUT
Southwest Airlines
LUV
$19.9B
| $184M | 0.02% |
5,767,600
+3,210,400
| +126% | +$105M |
|
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.