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 | |
|---|---|---|---|---|---|---|
9051
Cambria Tactical Yield ETF
TYLD
$55.9M
| $528K | ﹤0.01% |
+20,910
| New | +$531K |
|
9052
PUT
Simply Good Foods
SMPL
$967M
| $528K | ﹤0.01% |
16,700
-5,200
| -24% | -$181K |
|
|
SCPH
9053
DELISTED
scPharmaceuticals
SCPH
| $528K | ﹤0.01% |
138,460
+64,551
| +87% | +$200K |
|
|
NB
9054
CALL
NioCorp Developments
NB
$601M
| $528K | ﹤0.01% |
226,400
+83,700
| +59% | +$209K |
|
9055
PUT
Dorman Products
DORM
$3.84B
| $527K | ﹤0.01% |
4,300
-4,300
| -50% | -$523K |
|
9056
CALL
Navient
NAVI
$887M
| $527K | ﹤0.01% |
37,400
+2,000
| +6% | +$25.7K |
|
9057
CALL
Orion Group Holdings
ORN
$375M
| $527K | ﹤0.01% |
+58,100
| New | +$435K |
|
9058
PUT
Arrowhead Research
ARWR
$12B
| $526K | ﹤0.01% |
33,300
-96,500
| -74% | -$1.38M |
|
9059
CALL
Vanguard Materials ETF
VAW
$3.11B
| $526K | ﹤0.01% |
2,700
+800
| +42% | +$150K |
|
|
IMF
9060
Invesco Managed Futures Strategy ETF
IMF
$321M
| $526K | ﹤0.01% |
12,065
-2,062
| -15% | -$90.9K |
|
9061
Tenaris
TS
$27.2B
| $526K | ﹤0.01% |
14,060
-14,660
| -51% | -$503K |
|
|
AWF
9062
AllianceBernstein Global High Income Fund
AWF
$876M
| $526K | ﹤0.01% |
+47,673
| New | +$506K |
|
9063
CALL
Kennametal
KMT
$2.25B
| $526K | ﹤0.01% |
22,900
+9,800
| +75% | +$204K |
|
9064
Carter Bankshares
CARE
$729M
| $525K | ﹤0.01% |
30,300
-30,395
| -50% | -$481K |
|
9065
PUT
Interparfums
IPAR
$3.77B
| $525K | ﹤0.01% |
+4,000
| New | +$489K |
|
9066
Simulations Plus
SLP
$372M
| $525K | ﹤0.01% |
30,094
+2,204
| +8% | +$61.8K |
|
9067
Innovator US Equity Power Buffer ETF April
PAPR
$963M
| $525K | ﹤0.01% |
+14,070
| New | +$505K |
|
9068
iShares iBonds Oct 2028 Term TIPS ETF
IBIE
$163M
| $525K | ﹤0.01% |
19,961
+5,649
| +39% | +$147K |
|
|
CMPS
9069
PUT
Compass Pathways
CMPS
$1.9B
| $524K | ﹤0.01% |
187,300
+153,000
| +446% | +$576K |
|
9070
CALL
Invesco Water Resources ETF
PHO
$2.05B
| $524K | ﹤0.01% |
7,500
-24,000
| -76% | -$1.59M |
|
9071
CALL
Quantum-Si Incorporated
QSI
$171M
| $524K | ﹤0.01% |
267,500
+167,800
| +168% | +$248K |
|
9072
WisdomTree US Quality Growth Fund
QGRW
$2.96B
| $524K | ﹤0.01% |
9,974
-14,534
| -59% | -$683K |
|
9073
New Oriental
EDU
$9.36B
| $524K | ﹤0.01% |
9,706
-47,915
| -83% | -$2.28M |
|
9074
CALL
ProShares UltraPro Short Russell2000
SRTY
$72.9M
| $524K | ﹤0.01% |
7,650
-6,875
| -47% | -$611K |
|
9075
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$522M
| $524K | ﹤0.01% |
7,361
-23,984
| -77% | -$1.68M |
|
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.