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 | |
|---|---|---|---|---|---|---|
626
Newmont
NEM
$139B
| $161M | 0.02% |
1,913,284
-710,090
| -27% | -$49.5M |
|
627
CALL
State Street SPDR S&P Retail ETF
XRT
$329M
| $161M | 0.02% |
1,868,000
-799,300
| -30% | -$66.6M |
|
628
PUT
Cigna
CI
$74.1B
| $161M | 0.02% |
557,500
+123,700
| +29% | +$36.6M |
|
629
CALL
NIO
NIO
$10.9B
| $160M | 0.02% |
21,057,400
+4,425,800
| +27% | +$23.8M |
|
630
CALL
Sunrun
RUN
$2.15B
| $160M | 0.02% |
9,274,900
-1,284,400
| -12% | -$17.2M |
|
631
Amgen
AMGN
$240B
| $159M | 0.02% |
564,870
+327,513
| +138% | +$95M |
|
632
Uber
UBER
$162B
| $159M | 0.02% |
1,624,762
-514,067
| -24% | -$48.1M |
|
633
PUT
Equinix
EQIX
$104B
| $159M | 0.02% |
202,900
+46,800
| +30% | +$36.6M |
|
|
GLXY
634
CALL
Galaxy Digital Inc
GLXY
$4.44B
| $159M | 0.02% |
4,688,100
+3,023,700
| +182% | +$81.5M |
|
635
PUT
Novartis
NVS
$300B
| $158M | 0.02% |
1,233,400
+192,100
| +18% | +$23.4M |
|
636
PUT
Burlington
BURL
$20.8B
| $158M | 0.02% |
621,300
-138,300
| -18% | -$37.6M |
|
637
CALL
Coupang
CPNG
$29.6B
| $158M | 0.02% |
4,896,900
-689,300
| -12% | -$20.8M |
|
638
CALL
iShares MSCI South Korea ETF
EWY
$27B
| $158M | 0.02% |
1,967,300
+306,400
| +18% | +$22.8M |
|
639
PUT
MP Materials
MP
$10.2B
| $157M | 0.02% |
2,348,000
+288,500
| +14% | +$18.2M |
|
640
CALL
Constellation Brands
STZ
$23.5B
| $157M | 0.02% |
1,167,700
+140,100
| +14% | +$22.3M |
|
641
CALL
Wayfair
W
$14.1B
| $157M | 0.02% |
1,753,700
-505,900
| -22% | -$37.1M |
|
642
PUT
Interactive Brokers
IBKR
$42.2B
| $157M | 0.02% |
2,274,600
-897,400
| -28% | -$56.5M |
|
643
PUT
Progressive
PGR
$130B
| $156M | 0.02% |
632,500
+259,100
| +69% | +$63.9M |
|
644
PUT
General Motors
GM
$76.3B
| $156M | 0.02% |
2,551,100
-771,500
| -23% | -$43M |
|
645
PUT
CME Group
CME
$100B
| $155M | 0.02% |
574,500
+35,100
| +7% | +$9.55M |
|
646
PUT
Cheniere Energy
LNG
$58B
| $155M | 0.02% |
659,400
+45,600
| +7% | +$10.7M |
|
647
CALL
BridgeBio Pharma
BBIO
$15.8B
| $155M | 0.02% |
2,978,400
+41,300
| +1% | +$2.01M |
|
648
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $155M | 0.02% |
1,001,900
-199,800
| -17% | -$30.3M |
|
649
PUT
Hilton Worldwide
HLT
$74.3B
| $154M | 0.02% |
594,100
-531,900
| -47% | -$144M |
|
|
HUT
650
CALL
Hut 8
HUT
$9.81B
| $154M | 0.02% |
4,425,700
+1,521,400
| +52% | +$38.7M |
|
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.