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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $1.84B | 0.21% |
19,736,700
+5,581,700
| +39% | +$507M |
|
77
PUT
First Solar
FSLR
$23B
| $1.84B | 0.21% |
8,327,400
+1,502,500
| +22% | +$288M |
|
78
PUT
Alibaba
BABA
$286B
| $1.83B | 0.21% |
10,225,700
-347,300
| -3% | -$45.5M |
|
79
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $1.83B | 0.21% |
5,594,600
+977,500
| +21% | +$289M |
|
|
80
CALL
First Solar
FSLR
$23B
| $1.75B | 0.2% |
7,942,700
+1,065,000
| +15% | +$204M |
|
81
PUT
JPMorgan Chase
JPM
$935B
| $1.74B | 0.2% |
5,517,300
+398,900
| +8% | +$119M |
|
82
PUT
ASML
ASML
$677B
| $1.73B | 0.2% |
1,784,200
+218,800
| +14% | +$172M |
|
|
83
Tesla
TSLA
$1.43T
| $1.72B | 0.2% |
3,857,846
+1,648,548
| +75% | +$572M |
|
84
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.67B | 0.19% |
31,253,000
+4,688,400
| +18% | +$235M |
|
85
PUT
Mercado Libre
MELI
$97.5B
| $1.65B | 0.19% |
704,200
+235,800
| +50% | +$566M |
|
86
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.63B | 0.19% |
20,074,000
-9,813,600
| -33% | -$791M |
|
|
87
PUT
iShares Bitcoin Trust
IBIT
$57.7B
| $1.61B | 0.18% |
24,768,100
+12,470,300
| +101% | +$811M |
|
|
88
CALL
ASML
ASML
$677B
| $1.6B | 0.18% |
1,648,800
+590,100
| +56% | +$464M |
|
89
PUT
Adobe
ADBE
$109B
| $1.55B | 0.18% |
4,394,200
+1,889,400
| +75% | +$678M |
|
90
PUT
Intel
INTC
$476B
| $1.54B | 0.18% |
45,942,500
+9,599,500
| +26% | +$233M |
|
91
CALL
Salesforce
CRM
$171B
| $1.52B | 0.17% |
6,413,000
+2,606,800
| +68% | +$657M |
|
|
92
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $1.52B | 0.17% |
16,258,200
+4,107,600
| +34% | +$373M |
|
|
93
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $1.5B | 0.17% |
4,611,300
-416,300
| -8% | -$123M |
|
|
94
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.5B | 0.17% |
28,179,400
+5,478,500
| +24% | +$275M |
|
95
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $1.5B | 0.17% |
27,862,400
-2,813,800
| -9% | -$149M |
|
|
96
NVIDIA
NVDA
$5.2T
| $1.48B | 0.17% |
7,912,263
-2,538,691
| -24% | -$443M |
|
|
97
CALL
Adobe
ADBE
$109B
| $1.46B | 0.17% |
4,142,900
+2,101,400
| +103% | +$754M |
|
98
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $1.41B | 0.16% |
18,502,200
+3,984,500
| +27% | +$240M |
|
99
CALL
Uber
UBER
$161B
| $1.4B | 0.16% |
14,239,700
-1,673,000
| -11% | -$156M |
|
|
100
Broadcom
AVGO
$1.75T
| $1.37B | 0.16% |
4,142,269
+1,697,284
| +69% | +$521M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.