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 | |
|---|---|---|---|---|---|---|
676
CALL
2x Bitcoin ETF
BITX
$1.26B
| $118M | 0.02% |
2,185,800
+388,400
| +22% | +$18.7M |
|
677
CALL
Kenvue
KVUE
$37.3B
| $118M | 0.02% |
5,637,400
+2,919,900
| +107% | +$66.4M |
|
678
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $118M | 0.02% |
207,100
-11,900
| -5% | -$6.25M |
|
679
Pinduoduo
PDD
$124B
| $117M | 0.02% |
1,120,760
-75,452
| -6% | -$7.92M |
|
|
EXE
680
CALL
Expand Energy Corp
EXE
$22.3B
| $117M | 0.02% |
1,001,600
-700
| -0.1% | -$78.1K |
|
681
CALL
Global X Uranium ETF
URA
$6.41B
| $117M | 0.02% |
3,017,500
-109,200
| -3% | -$3.17M |
|
682
CALL
Okta
OKTA
$22.8B
| $117M | 0.02% |
1,167,100
-529,300
| -31% | -$56.5M |
|
683
CALL
Riot Platforms
RIOT
$7.51B
| $117M | 0.02% |
10,324,300
+2,694,300
| +35% | +$22.9M |
|
684
GameStop
GME
$8.09B
| $116M | 0.02% |
4,764,534
-1,981,075
| -29% | -$53.1M |
|
685
CALL
RH
RH
$2.71B
| $116M | 0.02% |
614,600
-47,200
| -7% | -$8.77M |
|
686
Intel
INTC
$461B
| $116M | 0.02% |
5,179,679
-6,533,861
| -56% | -$135M |
|
687
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $116M | 0.02% |
1,940,700
+355,400
| +22% | +$20.3M |
|
688
CALL
Wayfair
W
$14.1B
| $116M | 0.02% |
2,259,600
-8,300
| -0.4% | -$310K |
|
689
PUT
Microchip Technology
MCHP
$40.3B
| $115M | 0.02% |
1,632,300
+308,300
| +23% | +$16.9M |
|
690
Wells Fargo
WFC
$256B
| $115M | 0.02% |
1,433,431
-283,491
| -17% | -$20.4M |
|
691
PUT
Energy Transfer Partners
ET
$72.6B
| $115M | 0.02% |
6,331,600
-1,349,700
| -18% | -$23.6M |
|
692
Baidu
BIDU
$31.3B
| $115M | 0.02% |
1,337,221
-261,311
| -16% | -$22.5M |
|
693
PUT
D.R. Horton
DHI
$41.7B
| $114M | 0.02% |
887,100
+210,100
| +31% | +$25.9M |
|
694
CALL
Rio Tinto
RIO
$170B
| $114M | 0.02% |
1,952,900
+217,200
| +13% | +$12.8M |
|
695
CALL
Phillips 66
PSX
$96.5B
| $114M | 0.02% |
954,300
+297,900
| +45% | +$33.4M |
|
696
CALL
Progressive
PGR
$130B
| $114M | 0.02% |
425,900
-82,400
| -16% | -$22.6M |
|
697
PUT
ON Semiconductor
ON
$28B
| $113M | 0.02% |
2,164,700
+116,400
| +6% | +$5.06M |
|
698
Procter & Gamble
PG
$341B
| $113M | 0.02% |
710,387
+176,714
| +33% | +$28.8M |
|
699
PUT
NuScale Power
SMR
$3.71B
| $113M | 0.02% |
2,846,800
+1,712,500
| +151% | +$43M |
|
700
Mastercard
MA
$525B
| $112M | 0.02% |
199,578
+49,675
| +33% | +$27.5M |
|
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.