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 | |
|---|---|---|---|---|---|---|
701
PUT
Iris Energy
IREN
$14.2B
| $112M | 0.02% |
7,656,400
-500,100
| -6% | -$4.06M |
|
702
General Motors
GM
$76.3B
| $111M | 0.02% |
2,264,855
+1,187,803
| +110% | +$56.3M |
|
703
CALL
ON Semiconductor
ON
$28B
| $111M | 0.02% |
2,124,700
-59,000
| -3% | -$2.56M |
|
704
CALL
Duke Energy
DUK
$95.1B
| $111M | 0.02% |
941,100
-445,600
| -32% | -$52.6M |
|
705
Celsius Holdings
CELH
$8.86B
| $111M | 0.02% |
2,386,802
+1,912,849
| +404% | +$73.7M |
|
706
CALL
Seagate
STX
$180B
| $111M | 0.02% |
765,800
+255,500
| +50% | +$26.5M |
|
707
CALL
Williams Companies
WMB
$86.8B
| $110M | 0.02% |
1,755,200
-99,100
| -5% | -$5.85M |
|
708
CALL
International Paper
IP
$21.7B
| $110M | 0.02% |
2,348,400
+411,400
| +21% | +$19.4M |
|
709
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$407M
| $110M | 0.02% |
1,191,000
-60,350
| -5% | -$7M |
|
710
PUT
Valero Energy
VLO
$99.6B
| $110M | 0.02% |
815,500
-128,800
| -14% | -$16.1M |
|
|
FISV
711
PUT
Fiserv Inc
FISV
$28.2B
| $109M | 0.02% |
633,100
+381,800
| +152% | +$69.2M |
|
712
CALL
AB InBev
BUD
$156B
| $109M | 0.02% |
1,586,800
+15,400
| +1% | +$1.03M |
|
713
CALL
Prudential Financial
PRU
$42.3B
| $109M | 0.02% |
1,014,200
+267,900
| +36% | +$27.8M |
|
714
PUT
C3.ai
AI
$1.57B
| $109M | 0.02% |
4,427,000
+1,389,000
| +46% | +$31.8M |
|
715
CALL
Truist Financial
TFC
$62.1B
| $109M | 0.02% |
2,528,800
+475,800
| +23% | +$18.6M |
|
716
PUT
Insmed
INSM
$27.1B
| $109M | 0.02% |
1,079,200
+627,800
| +139% | +$48M |
|
717
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $109M | 0.02% |
625,700
+215,900
| +53% | +$30.4M |
|
718
CALL
Pinterest
PINS
$13.3B
| $109M | 0.02% |
3,027,400
+433,100
| +17% | +$13.1M |
|
719
PUT
Rivian
RIVN
$24B
| $108M | 0.02% |
7,866,700
-1,684,500
| -18% | -$22.9M |
|
|
MSTX
720
CALL
Defiance Daily Target 2x Long MSTR ETF
MSTX
$246M
| $108M | 0.02% |
267,290
+157,160
| +143% | +$55.8M |
|
721
Linde
LIN
$226B
| $107M | 0.01% |
227,953
+178,363
| +360% | +$81.4M |
|
722
PUT
W.W. Grainger
GWW
$62.3B
| $107M | 0.01% |
102,800
+69,900
| +212% | +$72.6M |
|
723
CALL
Nu Holdings
NU
$71.3B
| $106M | 0.01% |
7,757,100
+2,478,800
| +47% | +$29.7M |
|
724
Trade Desk
TTD
$6.24B
| $106M | 0.01% |
1,478,223
-118,260
| -7% | -$7.55M |
|
725
PUT
Invesco NASDAQ 100 ETF
QQQM
$103B
| $106M | 0.01% |
467,300
+413,600
| +770% | +$84.7M |
|
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.