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 | |
|---|---|---|---|---|---|---|
876
PUT
Centrus Energy
LEU
$3.53B
| $80.3M | 0.01% |
438,200
+185,000
| +73% | +$19.8M |
|
877
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $80.2M | 0.01% |
738,600
-46,700
| -6% | -$4.6M |
|
878
PUT
DexCom
DXCM
$34.4B
| $80M | 0.01% |
917,000
+456,400
| +99% | +$35.8M |
|
879
Lam Research
LRCX
$388B
| $80M | 0.01% |
822,170
-576,193
| -41% | -$45.7M |
|
880
PUT
Celestica
CLS
$37.1B
| $80M | 0.01% |
512,200
-112,100
| -18% | -$11.9M |
|
881
CALL
Ross Stores
ROST
$77.5B
| $79.8M | 0.01% |
625,600
+215,200
| +52% | +$29.9M |
|
882
CALL
Vanguard Morningstar Growth ETF
VUG
$224B
| $79.7M | 0.01% |
1,091,400
+528,000
| +94% | +$34.8M |
|
883
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $79.7M | 0.01% |
1,341,478
+293,661
| +28% | +$16.4M |
|
884
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.63B
| $79.5M | 0.01% |
6,735,000
+4,029,400
| +149% | +$46.7M |
|
885
CALL
Crown Castle
CCI
$32.5B
| $79.3M | 0.01% |
771,600
-327,700
| -30% | -$33.2M |
|
886
PUT
Caesars Entertainment
CZR
$6.04B
| $79.1M | 0.01% |
2,786,200
+361,600
| +15% | +$9.83M |
|
887
Chevron
CVX
$398B
| $79.1M | 0.01% |
552,159
+149,896
| +37% | +$21.1M |
|
888
CALL
VanEck Oil Services ETF
OIH
$1.94B
| $79M | 0.01% |
343,200
-124,500
| -27% | -$27.9M |
|
889
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $79M | 0.01% |
139,508
+88,317
| +173% | +$47.4M |
|
890
PUT
Toast
TOST
$21.2B
| $78.8M | 0.01% |
1,779,100
+967,700
| +119% | +$38M |
|
891
Moderna
MRNA
$55.4B
| $78.6M | 0.01% |
2,849,112
+1,620,401
| +132% | +$42.7M |
|
892
CALL
Rigetti Computing
RGTI
$5.46B
| $77.7M | 0.01% |
6,555,500
+1,670,800
| +34% | +$17.6M |
|
893
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $77.7M | 0.01% |
788,500
-878,200
| -53% | -$83.5M |
|
894
PUT
Ferrari
RACE
$74.6B
| $77.7M | 0.01% |
158,300
-700
| -0.4% | -$325K |
|
895
PUT
Fabrinet
FN
$15.1B
| $77.6M | 0.01% |
263,500
+126,900
| +93% | +$28.3M |
|
|
PARA
896
PUT
DELISTED
Paramount Global Class B
PARA
| $77.5M | 0.01% |
6,005,100
-1,001,700
| -14% | -$11.7M |
|
897
CALL
Live Nation Entertainment
LYV
$43B
| $77.3M | 0.01% |
511,200
-274,100
| -35% | -$37.7M |
|
898
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $77M | 0.01% |
1,603,500
+85,800
| +6% | +$5.05M |
|
899
CALL
BHP
BHP
$247B
| $76.9M | 0.01% |
1,599,800
+189,400
| +13% | +$9.1M |
|
900
PUT
Stryker
SYK
$126B
| $76.6M | 0.01% |
193,600
+89,400
| +86% | +$33.4M |
|
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.