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 | |
|---|---|---|---|---|---|---|
|
TRML
9126
DELISTED
Tourmaline Bio
TRML
| $513K | ﹤0.01% |
32,073
-16,511
| -34% | -$268K |
|
9127
PUT
Global X Defense Tech ETF
SHLD
$7.33B
| $512K | ﹤0.01% |
+8,500
| New | +$457K |
|
|
SHYF
9128
DELISTED
The Shyft Group
SHYF
| $512K | ﹤0.01% |
40,818
-7,540
| -16% | -$73.9K |
|
|
BFS
9129
Saul Centers
BFS
$822M
| $512K | ﹤0.01% |
14,992
+2,089
| +16% | +$70.4K |
|
9130
Pangaea Logistics
PANL
$528M
| $512K | ﹤0.01% |
108,898
+51,892
| +91% | +$230K |
|
9131
Innovator International Developed Power Buffer ETF November
INOV
$38M
| $512K | ﹤0.01% |
15,869
-15,305
| -49% | -$475K |
|
9132
ProShares UltraShort Real Estate
SRS
$14.2M
| $511K | ﹤0.01% |
10,718
-1,278
| -11% | -$63.4K |
|
|
FAX
9133
abrdn Asia-Pacific Income Fund
FAX
$606M
| $511K | ﹤0.01% |
32,091
-60,231
| -65% | -$932K |
|
9134
CALL
Napco Security Technologies
NSSC
$1.26B
| $511K | ﹤0.01% |
+17,200
| New | +$443K |
|
9135
First Capital
FCAP
$209M
| $510K | ﹤0.01% |
12,359
-1,317
| -10% | -$59K |
|
9136
PUT
Amprius Technologies
AMPX
$1.44B
| $510K | ﹤0.01% |
121,200
-125,200
| -51% | -$352K |
|
9137
PUT
Suburban Propane Partners
SPH
$1.18B
| $510K | ﹤0.01% |
27,500
+17,600
| +178% | +$342K |
|
|
MADE
9138
iShares U.S. Manufacturing ETF
MADE
$60.1M
| $509K | ﹤0.01% |
19,168
-2,153
| -10% | -$52.4K |
|
9139
iShares Government/Credit Bond ETF
GBF
$128M
| $509K | ﹤0.01% |
4,873
-105,667
| -96% | -$10.9M |
|
9140
iShares Select U.S. REIT ETF
ICF
$2.08B
| $509K | ﹤0.01% |
8,319
-26,483
| -76% | -$1.6M |
|
|
SEMR
9141
DELISTED
Semrush
SEMR
| $508K | ﹤0.01% |
56,172
-123,629
| -69% | -$1.2M |
|
9142
Goldman Sachs Innovate Equity ETF
GINN
$215M
| $508K | ﹤0.01% |
7,543
-4,814
| -39% | -$295K |
|
9143
Playtika
PLTK
$885M
| $508K | ﹤0.01% |
107,391
-320,713
| -75% | -$1.58M |
|
9144
PUT
EverQuote
EVER
$904M
| $508K | ﹤0.01% |
21,000
+12,100
| +136% | +$287K |
|
9145
CALL
First Trust Water ETF
FIW
$1.89B
| $508K | ﹤0.01% |
4,700
-200
| -4% | -$20.6K |
|
|
PWOD
9146
DELISTED
Penns Woods Bancorp
PWOD
| $507K | ﹤0.01% |
16,709
-131,011
| -89% | -$3.76M |
|
9147
PUT
ASE Group
ASX
$98.4B
| $507K | ﹤0.01% |
+49,100
| New | +$458K |
|
|
JDIV
9148
JPMorgan Dividend Leaders ETF
JDIV
$13.1M
| $507K | ﹤0.01% |
9,794
-1,162
| -11% | -$56.3K |
|
9149
Direxion Daily AMZN Bear 1X ETF
AMZD
$12.7M
| $507K | ﹤0.01% |
46,314
-29,602
| -39% | -$365K |
|
9150
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$65.5M
| $506K | ﹤0.01% |
6,770
+1,180
| +21% | +$104K |
|
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.