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 | |
|---|---|---|---|---|---|---|
751
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $100M | 0.01% |
2,995,700
-48,800
| -2% | -$1.37M |
|
752
CALL
Dominion Energy
D
$58.6B
| $100M | 0.01% |
1,776,700
+1,063,800
| +149% | +$58.3M |
|
|
DOCU
753
CALL
DocuSign
DOCU
$11.9B
| $100M | 0.01% |
1,287,600
+229,400
| +22% | +$18.6M |
|
754
CALL
Stanley Black & Decker
SWK
$14.9B
| $100M | 0.01% |
1,480,200
+898,400
| +154% | +$58M |
|
755
Strategy Inc
MSTR
$48.7B
| $99.7M | 0.01% |
246,720
-605,018
| -71% | -$220M |
|
756
PUT
Progressive
PGR
$130B
| $99.6M | 0.01% |
373,400
-122,900
| -25% | -$33.7M |
|
|
HES
757
CALL
DELISTED
Hess
HES
| $99.2M | 0.01% |
716,100
+142,000
| +25% | +$19.2M |
|
758
CALL
GraniteShares 2x Long COIN Daily ETF
CONL
$621M
| $99.1M | 0.01% |
2,148,100
+1,876,900
| +692% | +$44.1M |
|
759
PUT
Autodesk
ADSK
$53.7B
| $99M | 0.01% |
319,900
-73,600
| -19% | -$20.9M |
|
760
PUT
Core Scientific
CORZ
$5.55B
| $98.8M | 0.01% |
5,789,100
+2,061,100
| +55% | +$20.6M |
|
761
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.22B
| $98.7M | 0.01% |
2,515,500
-862,200
| -26% | -$33.3M |
|
762
PUT
TransDigm Group
TDG
$66.3B
| $98.7M | 0.01% |
64,900
+1,200
| +2% | +$1.69M |
|
763
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.9B
| $98.5M | 0.01% |
1,006,940
+674,400
| +203% | +$96.7M |
|
764
CALL
Corning
GLW
$125B
| $98.4M | 0.01% |
1,871,000
-299,700
| -14% | -$14M |
|
765
PUT
Coherent
COHR
$53.9B
| $98.1M | 0.01% |
1,099,300
+364,300
| +50% | +$26.2M |
|
766
CALL
BP
BP
$113B
| $98M | 0.01% |
3,272,900
-451,600
| -12% | -$13.2M |
|
767
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $97.8M | 0.01% |
1,208,000
-25,000
| -2% | -$2.03M |
|
768
CALL
Southwest Airlines
LUV
$19.9B
| $97.7M | 0.01% |
3,013,200
+490,600
| +19% | +$14.8M |
|
769
PUT
On Holding
ONON
$9.86B
| $97.6M | 0.01% |
1,875,500
+423,200
| +29% | +$21.6M |
|
770
DraftKings
DKNG
$12.9B
| $97.2M | 0.01% |
2,266,489
+903,831
| +66% | +$32.4M |
|
771
PUT
Paychex
PAYX
$44.8B
| $97.1M | 0.01% |
667,800
+329,700
| +98% | +$49.6M |
|
772
lululemon athletica
LULU
$13.9B
| $97.1M | 0.01% |
408,786
+55,479
| +16% | +$15.3M |
|
|
NVO
773
Novo Nordisk
NVO
$207B
| $97.1M | 0.01% |
1,406,758
-8,155
| -0.6% | -$555K |
|
|
EA
774
CALL
DELISTED
Electronic Arts
EA
| $96.8M | 0.01% |
606,400
-78,200
| -11% | -$11.6M |
|
775
PUT
Duke Energy
DUK
$95.1B
| $96.7M | 0.01% |
819,500
+25,900
| +3% | +$3.06M |
|
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.