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 | |
|---|---|---|---|---|---|---|
701
CALL
Dick's Sporting Goods
DKS
$16.1B
| $139M | 0.02% |
625,000
-328,600
| -34% | -$71.5M |
|
702
Eli Lilly
LLY
$1.11T
| $139M | 0.02% |
182,018
-30,027
| -14% | -$22.3M |
|
703
PUT
D.R. Horton
DHI
$41.7B
| $138M | 0.02% |
816,600
-70,500
| -8% | -$11.1M |
|
704
PUT
Elevance Health
ELV
$87.3B
| $138M | 0.02% |
427,500
+87,100
| +26% | +$27.1M |
|
705
CALL
Kinder Morgan
KMI
$69B
| $138M | 0.02% |
4,873,800
+667,900
| +16% | +$18.3M |
|
706
CALL
EQT Corp
EQT
$33.6B
| $137M | 0.02% |
2,519,800
+1,089,300
| +76% | +$57.6M |
|
|
DOCU
707
CALL
DocuSign
DOCU
$11.9B
| $137M | 0.02% |
1,894,400
+606,800
| +47% | +$46.8M |
|
708
PUT
Vanguard Information Technology ETF
VGT
$143B
| $136M | 0.02% |
1,461,600
-134,400
| -8% | -$11.7M |
|
709
PUT
iShares MSCI Canada ETF
EWC
$6.9B
| $136M | 0.02% |
2,691,400
+1,050,400
| +64% | +$50.3M |
|
710
CALL
American Airlines Group
AAL
$9.02B
| $136M | 0.02% |
12,092,400
-3,191,200
| -21% | -$39.3M |
|
711
Salesforce
CRM
$171B
| $136M | 0.02% |
573,398
-76,143
| -12% | -$19.2M |
|
712
PUT
Okta
OKTA
$22.8B
| $136M | 0.02% |
1,481,800
+154,500
| +12% | +$14.4M |
|
713
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $136M | 0.02% |
346,100
-59,400
| -15% | -$24.8M |
|
|
FISV
714
CALL
Fiserv Inc
FISV
$28.2B
| $136M | 0.02% |
1,051,000
-261,800
| -20% | -$37.5M |
|
715
CALL
Linde
LIN
$226B
| $135M | 0.02% |
284,600
+17,200
| +6% | +$8.14M |
|
716
CALL
American Tower
AMT
$83.1B
| $134M | 0.02% |
698,800
+102,800
| +17% | +$21.4M |
|
717
Wynn Resorts
WYNN
$10.2B
| $134M | 0.02% |
1,046,734
-1,289,276
| -55% | -$149M |
|
718
CALL
On Holding
ONON
$9.86B
| $134M | 0.02% |
3,158,400
-72,500
| -2% | -$3.45M |
|
719
PUT
Rivian
RIVN
$24B
| $134M | 0.02% |
9,104,200
+1,237,500
| +16% | +$16.6M |
|
720
CALL
Kroger
KR
$36.2B
| $133M | 0.02% |
1,977,200
-198,000
| -9% | -$13.8M |
|
721
CALL
O'Reilly Automotive
ORLY
$73.4B
| $133M | 0.02% |
1,235,400
-145,200
| -11% | -$14.6M |
|
722
ARK Innovation ETF
ARKK
$6.41B
| $133M | 0.02% |
1,540,732
-333,973
| -18% | -$25.5M |
|
723
GE Aerospace
GE
$355B
| $133M | 0.02% |
441,468
+242,995
| +122% | +$66.4M |
|
724
PUT
Vale
VALE
$64B
| $133M | 0.02% |
12,226,600
-2,130,000
| -15% | -$21.7M |
|
725
CALL
NXP Semiconductors
NXPI
$56.1B
| $133M | 0.02% |
582,300
+119,300
| +26% | +$26.8M |
|
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.