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 | Miscellaneous | 93.94% |
| 2 | Technology | 1.79% |
| 3 | Consumer Discretionary | 0.82% |
| 4 | Financials | 0.79% |
| 5 | Healthcare | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
8876
Brown-Forman Class A
BF.A
$12.7B
| $569K | ﹤0.01% |
20,699
+11,688
| +130% | +$375K |
|
8877
CALL
Nicolet Bankshares
NIC
$3.6B
| $568K | ﹤0.01% |
4,600
-600
| -12% | -$70.1K |
|
8878
TFS Financial
TFSL
$4.92B
| $568K | ﹤0.01% |
43,852
+2,673
| +6% | +$34.4K |
|
8879
CALL
UMB Financial
UMBF
$11B
| $568K | ﹤0.01% |
5,400
+2,100
| +64% | +$209K |
|
|
YSG
8880
CALL
Yatsen Holding
YSG
$285M
| $568K | ﹤0.01% |
58,900
+42,800
| +266% | +$245K |
|
|
SAGE
8881
CALL
DELISTED
Sage Therapeutics
SAGE
| $567K | ﹤0.01% |
62,200
-24,700
| -28% | -$182K |
|
|
ETHE
8882
Grayscale Ethereum Staking ETF Shares
ETHE
$1.86B
| $567K | ﹤0.01% |
27,186
-63,487
| -70% | -$1.16M |
|
|
LIAK
8883
DELISTED
LifeX 2054 Inflation-Protected Longevity Income ETF
LIAK
| $567K | ﹤0.01% |
+2,858
| New | +$561K |
|
8884
CALL
Pulse Biosciences
PLSE
$3.39B
| $566K | ﹤0.01% |
37,500
-22,100
| -37% | -$367K |
|
8885
Citi Trends
CTRN
$560M
| $566K | ﹤0.01% |
+16,940
| New | +$431K |
|
8886
CALL
PubMatic
PUBM
$766M
| $565K | ﹤0.01% |
45,400
-65,600
| -59% | -$692K |
|
8887
CALL
Tenable Holdings
TENB
$4.15B
| $564K | ﹤0.01% |
16,700
-6,800
| -29% | -$221K |
|
|
YRD
8888
Yiren Digital
YRD
$91.9M
| $564K | ﹤0.01% |
96,010
+65,814
| +218% | +$414K |
|
8889
Five Star Bancorp
FSBC
$1.12B
| $564K | ﹤0.01% |
19,745
-1,175
| -6% | -$32.3K |
|
8890
Franklin FTSE Australia ETF
FLAU
$213M
| $563K | ﹤0.01% |
18,168
-19,233
| -51% | -$567K |
|
|
FSUN
8891
FirstSun Capital Bancorp
FSUN
$1.76B
| $563K | ﹤0.01% |
16,211
-187,527
| -92% | -$6.57M |
|
8892
Barnes & Noble Education
BNED
$415M
| $563K | ﹤0.01% |
47,856
-244,151
| -84% | -$2.6M |
|
|
OMAH
8893
VistaShares Target 15 Berkshire Select Income ETF
OMAH
$1.07B
| $563K | ﹤0.01% |
+29,176
| New | +$556K |
|
8894
PUT
AMN Healthcare
AMN
$1.34B
| $562K | ﹤0.01% |
27,200
-1,400
| -5% | -$29.1K |
|
8895
Hartford Multifactor Small Cap ETF
ROSC
$60.9M
| $562K | ﹤0.01% |
13,460
-476
| -3% | -$19K |
|
8896
CALL
Rigel Pharmaceuticals
RIGL
$868M
| $562K | ﹤0.01% |
30,000
+14,900
| +99% | +$282K |
|
8897
First Trust Low Duration Strategic Focus ETF
LDSF
$164M
| $561K | ﹤0.01% |
29,545
-1,752
| -6% | -$33K |
|
8898
VanEck Agribusiness ETF
MOO
$1.02B
| $561K | ﹤0.01% |
7,625
-33,669
| -82% | -$2.36M |
|
|
8899
Rigel Pharmaceuticals
RIGL
$868M
| $561K | ﹤0.01% |
29,956
-997
| -3% | -$18.9K |
|
8900
CALL
nLIGHT
LASR
$2.48B
| $561K | ﹤0.01% |
28,500
+18,500
| +185% | +$230K |
|
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's Q2 2025 filing shows 1,720 new, 5,716 increased, 5,055 reduced and 1,538 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.