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 | |
|---|---|---|---|---|---|---|
951
CALL
Wheaton Precious Metals
WPM
$72.8B
| $70.5M | 0.01% |
785,500
-276,500
| -26% | -$23.3M |
|
952
PUT
Shell
SHEL
$256B
| $70.4M | 0.01% |
1,000,400
+5,800
| +0.6% | +$389K |
|
953
CALL
MetLife
MET
$61.1B
| $70.3M | 0.01% |
874,500
-176,600
| -17% | -$13.6M |
|
954
Coca-Cola
KO
$396B
| $69.8M | 0.01% |
986,954
+416,865
| +73% | +$29.7M |
|
955
PUT
Credo Technology Group
CRDO
$41.5B
| $69.8M | 0.01% |
753,800
+200,500
| +36% | +$11.7M |
|
956
PUT
Las Vegas Sands
LVS
$30.4B
| $69.8M | 0.01% |
1,603,500
+108,700
| +7% | +$4.23M |
|
957
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $69.7M | 0.01% |
748,000
+139,000
| +23% | +$12.7M |
|
958
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $69.5M | 0.01% |
741,820
+221,880
| +43% | +$29.4M |
|
959
CALL
Hewlett Packard
HPE
$69.4B
| $69.5M | 0.01% |
3,400,700
+694,800
| +26% | +$11.6M |
|
960
CALL
HubSpot
HUBS
$12.2B
| $69.4M | 0.01% |
124,600
+13,700
| +12% | +$8.02M |
|
961
CALL
Prologis
PLD
$136B
| $69.3M | 0.01% |
659,600
+125,800
| +24% | +$13.2M |
|
962
PUT
Rigetti Computing
RGTI
$5.46B
| $69.2M | 0.01% |
5,831,100
+1,773,100
| +44% | +$18.7M |
|
963
CALL
Atlassian
TEAM
$43.4B
| $68.9M | 0.01% |
339,200
-168,800
| -33% | -$35.1M |
|
964
CALL
Cummins
CMI
$78.7B
| $68.9M | 0.01% |
210,300
+10,900
| +5% | +$3.37M |
|
965
NextEra Energy
NEE
$175B
| $68.9M | 0.01% |
992,123
+111,062
| +13% | +$7.71M |
|
966
PUT
iShares MSCI South Korea ETF
EWY
$27B
| $68.7M | 0.01% |
957,400
+215,900
| +29% | +$13M |
|
967
Bank of America
BAC
$436B
| $68.7M | 0.01% |
1,450,839
+346,914
| +31% | +$14.6M |
|
968
CALL
TKO Group
TKO
$14.1B
| $68.6M | 0.01% |
377,200
-173,100
| -31% | -$27.8M |
|
969
PUT
MP Materials
MP
$10.2B
| $68.5M | 0.01% |
2,059,500
+1,301,200
| +172% | +$33.2M |
|
970
PUT
Johnson Controls International
JCI
$86.6B
| $68.4M | 0.01% |
647,400
+338,400
| +110% | +$31.1M |
|
971
American Express
AXP
$228B
| $68.2M | 0.01% |
213,772
+12,023
| +6% | +$3.38M |
|
972
Alnylam Pharmaceuticals
ALNY
$31.6B
| $67.9M | 0.01% |
208,262
+137,797
| +196% | +$38.1M |
|
973
MongoDB
MDB
$32.4B
| $67.8M | 0.01% |
323,008
+252,493
| +358% | +$46.7M |
|
974
PUT
SAP
SAP
$252B
| $67.6M | 0.01% |
222,400
-89,900
| -29% | -$25.8M |
|
975
CALL
Oneok
OKE
$58.6B
| $67.6M | 0.01% |
828,400
+335,000
| +68% | +$27.9M |
|
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.