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 | |
|---|---|---|---|---|---|---|
776
Flutter Entertainment
FLUT
$17.8B
| $96.7M | 0.01% |
338,340
-578,245
| -63% | -$142M |
|
777
PUT
Petrobras
PBR
$120B
| $96.4M | 0.01% |
7,707,000
-1,675,800
| -18% | -$20.1M |
|
778
CALL
Lennar Class A
LEN
$21.2B
| $96.4M | 0.01% |
871,400
-762,000
| -47% | -$82.6M |
|
779
CALL
Novartis
NVS
$300B
| $95.8M | 0.01% |
791,900
+300,100
| +61% | +$33.8M |
|
|
PARA
780
DELISTED
Paramount Global Class B
PARA
| $95.4M | 0.01% |
7,396,253
+1,019,923
| +16% | +$11.9M |
|
781
CALL
Devon Energy
DVN
$53.1B
| $95.3M | 0.01% |
2,996,700
-761,800
| -20% | -$24.3M |
|
782
CALL
Kraft Heinz
KHC
$30.4B
| $95.2M | 0.01% |
3,686,000
+72,200
| +2% | +$2M |
|
783
Intuitive Surgical
ISRG
$132B
| $95.1M | 0.01% |
175,069
+113,671
| +185% | +$59.4M |
|
784
PUT
Mondelez International
MDLZ
$82.6B
| $95.1M | 0.01% |
1,410,000
+90,200
| +7% | +$6.02M |
|
785
CALL
Generac Holdings
GNRC
$12B
| $94.9M | 0.01% |
663,000
+420,900
| +174% | +$51.4M |
|
786
PUT
Parker-Hannifin
PH
$128B
| $94.6M | 0.01% |
135,500
-2,800
| -2% | -$1.77M |
|
787
PUT
Unity
U
$20.3B
| $94.6M | 0.01% |
3,907,400
+231,200
| +6% | +$5.09M |
|
788
CALL
Chewy
CHWY
$10B
| $94.5M | 0.01% |
2,218,400
-842,900
| -28% | -$33.6M |
|
789
CALL
Elevance Health
ELV
$87.3B
| $94.4M | 0.01% |
242,600
-49,400
| -17% | -$19.9M |
|
790
PUT
Expedia Group
EXPE
$40.7B
| $93.7M | 0.01% |
555,600
+69,900
| +14% | +$11.3M |
|
791
CALL
Monolithic Power Systems
MPWR
$63.2B
| $93.7M | 0.01% |
128,100
-5,100
| -4% | -$3.25M |
|
|
792
PUT
Kraft Heinz
KHC
$30.4B
| $93.5M | 0.01% |
3,621,600
+655,700
| +22% | +$18.2M |
|
793
CALL
Lyft
LYFT
$6.69B
| $93.3M | 0.01% |
5,917,900
-345,000
| -6% | -$4.83M |
|
794
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $92.9M | 0.01% |
848,000
-341,000
| -29% | -$33.7M |
|
795
PUT
American Tower
AMT
$83.1B
| $92.6M | 0.01% |
419,000
+112,800
| +37% | +$24.4M |
|
796
CALL
ProShares Ultra QQQ
QLD
$13.6B
| $92.3M | 0.01% |
1,568,400
+592,600
| +61% | +$28.8M |
|
797
Caterpillar
CAT
$373B
| $92.2M | 0.01% |
237,553
+33,539
| +16% | +$11.2M |
|
798
PUT
Western Digital
WDC
$157B
| $92.1M | 0.01% |
1,440,000
+236,800
| +20% | +$11.3M |
|
799
CALL
Old National Bancorp
ONB
$9.86B
| $91.9M | 0.01% |
4,308,400
-99,100
| -2% | -$2.05M |
|
800
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $91.9M | 0.01% |
959,523
-853,470
| -47% | -$80.7M |
|
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.