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 | |
|---|---|---|---|---|---|---|
|
NEE.PRS
9701
NextEra Energy 7.299% Corporate Units
NEE.PRS
$2.07B
| $398K | ﹤0.01% |
8,450
+4,075
| +93% | +$194K |
|
9702
CALL
BuzzFeed
BZFD
$103M
| $398K | ﹤0.01% |
198,900
-49,200
| -20% | -$97.2K |
|
9703
Valmont Industries
VMI
$9.19B
| $398K | ﹤0.01% |
1,218
-4,605
| -79% | -$1.41M |
|
|
AFBI
9704
DELISTED
Affinity Bancshares
AFBI
| $397K | ﹤0.01% |
21,496
-7,608
| -26% | -$139K |
|
9705
CALL
Immersion
IMMR
$254M
| $397K | ﹤0.01% |
50,400
-159,300
| -76% | -$1.18M |
|
|
IRBT
9706
DELISTED
iRobot
IRBT
| $397K | ﹤0.01% |
126,883
-45,281
| -26% | -$125K |
|
9707
PUT
BGC Group
BGC
$5.76B
| $397K | ﹤0.01% |
+38,800
| New | +$356K |
|
9708
CALL
Tredegar Corp
TG
$272M
| $397K | ﹤0.01% |
45,100
+22,200
| +97% | +$179K |
|
9709
PUT
Arlo Technologies
ARLO
$1.39B
| $397K | ﹤0.01% |
+23,400
| New | +$299K |
|
9710
Star Holdings Shares of Beneficial Interest
STHO
$119M
| $397K | ﹤0.01% |
50,804
+22,292
| +78% | +$154K |
|
9711
PUT
German American Bancorp
GABC
$1.88B
| $397K | ﹤0.01% |
+10,300
| New | +$387K |
|
9712
Gaming and Leisure Properties
GLPI
$12.4B
| $397K | ﹤0.01% |
8,497
+3,063
| +56% | +$145K |
|
9713
Olema Pharmaceuticals
OLMA
$899M
| $397K | ﹤0.01% |
93,095
+21,307
| +30% | +$95K |
|
9714
PUT
Telesat
TSAT
$652M
| $396K | ﹤0.01% |
16,200
-6,400
| -28% | -$112K |
|
|
PARAA
9715
DELISTED
Paramount Global Class A
PARAA
| $396K | ﹤0.01% |
+17,249
| New | +$390K |
|
9716
Red River Bancshares
RRBI
$663M
| $395K | ﹤0.01% |
6,735
+146
| +2% | +$7.92K |
|
9717
PUT
Ibotta
IBTA
$747M
| $395K | ﹤0.01% |
10,800
-56,400
| -84% | -$2.63M |
|
9718
ProShares Ultra Bitcoin ETF
BITU
$501M
| $395K | ﹤0.01% |
7,637
-69,143
| -90% | -$3.14M |
|
9719
iShares Global Equity Factor ETF
GLOF
$214M
| $395K | ﹤0.01% |
8,200
-11,576
| -59% | -$517K |
|
9720
Alpha Pro Tech
APT
$54.6M
| $395K | ﹤0.01% |
84,214
+63,165
| +300% | +$286K |
|
|
APXM
9721
FT Vest U.S. Equity Max Buffer ETF - April
APXM
$20.8M
| $395K | ﹤0.01% |
+13,041
| New | +$391K |
|
9722
Digimarc Corp
DMRC
$135M
| $394K | ﹤0.01% |
29,857
-6,087
| -17% | -$78.1K |
|
|
LTM
9723
CALL
LATAM Airlines Group S.A.
LTM
$14.5B
| $394K | ﹤0.01% |
+9,700
| New | +$336K |
|
9724
PUT
Vanguard Consumer Staples ETF
VDC
$7.94B
| $394K | ﹤0.01% |
1,800
| – | – |
|
9725
Penumbra
PEN
$12.7B
| $394K | ﹤0.01% |
+1,536
| New | +$418K |
|
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.