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 | |
|---|---|---|---|---|---|---|
826
CALL
AstraZeneca
AZN
$259B
| $87.4M | 0.01% |
625,050
-138,200
| -18% | -$19.4M |
|
827
CALL
Cintas
CTAS
$83B
| $86.9M | 0.01% |
390,100
-94,200
| -19% | -$20.3M |
|
828
CALL
Invesco NASDAQ 100 ETF
QQQM
$103B
| $86.9M | 0.01% |
382,500
+210,000
| +122% | +$43M |
|
829
CALL
FTAI Aviation
FTAI
$20.4B
| $86.7M | 0.01% |
754,000
-433,400
| -36% | -$48.5M |
|
830
PUT
EQT Corp
EQT
$33.6B
| $86.6M | 0.01% |
1,484,500
+511,100
| +53% | +$27.6M |
|
831
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $86.5M | 0.01% |
3,141,913
-2,007,493
| -39% | -$53M |
|
832
CALL
Johnson Controls International
JCI
$86.6B
| $86.5M | 0.01% |
818,900
-5,000
| -0.6% | -$460K |
|
833
CALL
Sunrun
RUN
$2.15B
| $86.4M | 0.01% |
10,559,300
+7,930,900
| +302% | +$62.4M |
|
834
Ford
F
$55.5B
| $86.3M | 0.01% |
7,957,185
-1,704,711
| -18% | -$17.4M |
|
835
Hilton Worldwide
HLT
$74.3B
| $86.3M | 0.01% |
323,965
+189,996
| +142% | +$45.2M |
|
836
PUT
Alcoa
AA
$13B
| $86.2M | 0.01% |
2,922,100
+1,436,400
| +97% | +$38.8M |
|
837
Regeneron Pharmaceuticals
REGN
$85.3B
| $86.1M | 0.01% |
164,092
+12,634
| +8% | +$7.05M |
|
838
CALL
iShares US Aerospace & Defense ETF
ITA
$14B
| $86.1M | 0.01% |
456,500
+110,900
| +32% | +$18.4M |
|
839
Alibaba
BABA
$284B
| $86M | 0.01% |
758,741
-646,884
| -46% | -$76.6M |
|
840
PUT
Dow Inc
DOW
$22.7B
| $85.9M | 0.01% |
3,244,100
+1,145,000
| +55% | +$33.3M |
|
841
CALL
Domino's
DPZ
$11.5B
| $85.8M | 0.01% |
190,400
+31,500
| +20% | +$14.8M |
|
842
PUT
Wayfair
W
$14.1B
| $85.7M | 0.01% |
1,674,900
-963,900
| -37% | -$36M |
|
843
PUT
Prologis
PLD
$136B
| $85.5M | 0.01% |
813,700
+267,500
| +49% | +$28.1M |
|
844
PUT
Darden Restaurants
DRI
$25.6B
| $85.4M | 0.01% |
392,000
+45,300
| +13% | +$9.4M |
|
845
Constellation Brands
STZ
$23.5B
| $85.4M | 0.01% |
525,123
+342,488
| +188% | +$61.4M |
|
846
PUT
PG&E
PCG
$39.9B
| $85.3M | 0.01% |
6,117,100
+2,045,700
| +50% | +$33.3M |
|
847
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $85.2M | 0.01% |
1,260,200
+83,600
| +7% | +$5.29M |
|
848
PUT
Agnico Eagle Mines
AEM
$110B
| $84.9M | 0.01% |
714,200
-611,800
| -46% | -$71M |
|
849
Accenture
ACN
$114B
| $84.9M | 0.01% |
284,047
+217,790
| +329% | +$66.3M |
|
850
Philip Morris
PM
$298B
| $84.7M | 0.01% |
465,031
+149,469
| +47% | +$25.7M |
|
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.