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 | |
|---|---|---|---|---|---|---|
651
Intuit
INTU
$101B
| $122M | 0.02% |
155,198
+51,803
| +50% | +$35.1M |
|
652
CALL
Emerson Electric
EMR
$87.9B
| $122M | 0.02% |
915,700
+323,100
| +55% | +$37.1M |
|
|
TLN
653
PUT
Talen Energy Corp
TLN
$14.6B
| $122M | 0.02% |
418,800
+172,300
| +70% | +$40.9M |
|
654
CALL
eBay
EBAY
$47.7B
| $122M | 0.02% |
1,633,800
+745,300
| +84% | +$52.8M |
|
655
CALL
NRG Energy
NRG
$23.5B
| $122M | 0.02% |
757,200
+301,800
| +66% | +$39.8M |
|
656
Thomson Reuters
TRI
$47.1B
| $121M | 0.02% |
594,459
+488,207
| +459% | +$93M |
|
657
PUT
Monolithic Power Systems
MPWR
$63.2B
| $121M | 0.02% |
165,800
+4,100
| +3% | +$2.61M |
|
658
CALL
Roku
ROKU
$23.5B
| $121M | 0.02% |
1,376,000
-265,900
| -16% | -$18.6M |
|
|
659
PUT
NRG Energy
NRG
$23.5B
| $121M | 0.02% |
752,100
+44,900
| +6% | +$5.92M |
|
660
PUT
3M
MMM
$92.3B
| $120M | 0.02% |
791,200
+100
| +0% | +$14.3K |
|
|
DOCU
661
PUT
DocuSign
DOCU
$11.9B
| $120M | 0.02% |
1,540,500
+596,100
| +63% | +$48.2M |
|
662
CALL
Chubb
CB
$133B
| $120M | 0.02% |
413,900
-33,800
| -8% | -$9.73M |
|
663
PUT
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.52B
| $120M | 0.02% |
5,105,400
-297,900
| -6% | -$4.65M |
|
664
iShares Core MSCI Total International Stock ETF
IXUS
$60.6B
| $120M | 0.02% |
+1,549,778
| New | +$113M |
|
665
CALL
Toast
TOST
$21.2B
| $120M | 0.02% |
2,702,400
-57,800
| -2% | -$2.27M |
|
666
CALL
Albemarle
ALB
$16.7B
| $119M | 0.02% |
1,904,300
+1,003,200
| +111% | +$59.3M |
|
667
CALL
EOG Resources
EOG
$78.8B
| $119M | 0.02% |
997,600
+129,900
| +15% | +$14.8M |
|
668
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.22B
| $119M | 0.02% |
3,040,300
+1,679,500
| +123% | +$64.8M |
|
669
CALL
iShares MSCI South Korea ETF
EWY
$27B
| $119M | 0.02% |
1,660,900
+1,238,800
| +293% | +$74.3M |
|
670
PUT
Astera Labs
ALAB
$48.1B
| $119M | 0.02% |
1,317,100
+415,700
| +46% | +$32.8M |
|
671
PUT
Simon Property Group
SPG
$71.4B
| $119M | 0.02% |
740,600
+365,400
| +97% | +$57.7M |
|
672
Lockheed Martin
LMT
$130B
| $119M | 0.02% |
256,736
+180,299
| +236% | +$84.4M |
|
673
AST SpaceMobile
ASTS
$18.7B
| $119M | 0.02% |
2,542,844
+1,318,304
| +108% | +$38.2M |
|
674
Boeing
BA
$166B
| $119M | 0.02% |
566,723
-713,358
| -56% | -$135M |
|
675
PUT
Analog Devices
ADI
$181B
| $118M | 0.02% |
496,700
+44,900
| +10% | +$9.35M |
|
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.