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 | |
|---|---|---|---|---|---|---|
9426
CALL
SPS Commerce
SPSC
$3.06B
| $449K | ﹤0.01% |
3,300
+400
| +14% | +$55.4K |
|
9427
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.15B
| $449K | ﹤0.01% |
43,296
+5,586
| +15% | +$57.9K |
|
9428
APi Group
APG
$17.2B
| $449K | ﹤0.01% |
13,187
-853,084
| -98% | -$24.4M |
|
9429
PUT
Globus Medical
GMED
$11.1B
| $449K | ﹤0.01% |
7,600
-8,900
| -54% | -$575K |
|
9430
Dine Brands
DIN
$425M
| $448K | ﹤0.01% |
18,433
-4,921
| -21% | -$114K |
|
|
FLNA
9431
PUT
Filana Therapeutics
FLNA
$44.9M
| $448K | ﹤0.01% |
247,500
-61,000
| -20% | -$109K |
|
9432
Innovator US Equity Power Buffer ETF December
PDEC
$998M
| $448K | ﹤0.01% |
11,192
-39,708
| -78% | -$1.51M |
|
9433
Global X S&P 500 Tail Risk ETF
XTR
$4.94M
| $448K | ﹤0.01% |
15,779
-1,137
| -7% | -$30.3K |
|
9434
CALL
James River Group Holdings
JRVR
$191M
| $448K | ﹤0.01% |
+76,400
| New | +$387K |
|
9435
Avnet
AVT
$7.27B
| $448K | ﹤0.01% |
8,432
-30,173
| -78% | -$1.5M |
|
9436
PUT
Phunware
PHUN
$42.8M
| $447K | ﹤0.01% |
141,100
-47,300
| -25% | -$140K |
|
9437
CALL
Designer Brands
DBI
$279M
| $447K | ﹤0.01% |
187,900
+1,800
| +1% | +$5.43K |
|
9438
PUT
Neurogene
NGNE
$732M
| $447K | ﹤0.01% |
29,900
-3,100
| -9% | -$48.6K |
|
9439
PUT
Extreme Networks
EXTR
$2.95B
| $447K | ﹤0.01% |
24,900
-65,000
| -72% | -$957K |
|
9440
Texas Capital Texas Oil Index ETF
OILT
$14.1M
| $446K | ﹤0.01% |
20,556
+10,903
| +113% | +$233K |
|
9441
BWX Technologies
BWXT
$14B
| $446K | ﹤0.01% |
3,098
+315
| +11% | +$36.8K |
|
9442
PUT
Enova International
ENVA
$5.79B
| $446K | ﹤0.01% |
4,000
+400
| +11% | +$38.2K |
|
9443
ALPS O'Shares Global Internet Giants ETF
OGIG
$112M
| $446K | ﹤0.01% |
+8,319
| New | +$398K |
|
9444
PUT
VanEck Mortgage REIT Income ETF
MORT
$367M
| $446K | ﹤0.01% |
+42,200
| New | +$429K |
|
9445
CALL
Ocugen
OCGN
$448M
| $445K | ﹤0.01% |
459,200
+318,100
| +225% | +$264K |
|
9446
PUT
Encore Capital Group
ECPG
$2.1B
| $445K | ﹤0.01% |
11,500
-3,500
| -23% | -$127K |
|
|
QIG
9447
WisdomTree U.S. Corporate Bond Fund
QIG
$17.4M
| $445K | ﹤0.01% |
9,948
+408
| +4% | +$18K |
|
9448
PUT
Atomera
ATOM
$164M
| $444K | ﹤0.01% |
88,100
-35,000
| -28% | -$187K |
|
9449
PUT
Colliers International
CIGI
$5.26B
| $444K | ﹤0.01% |
3,400
+500
| +17% | +$60.9K |
|
9450
PUT
Glacier Bancorp
GBCI
$6.1B
| $444K | ﹤0.01% |
+10,300
| New | +$427K |
|
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.