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 | |
|---|---|---|---|---|---|---|
10176
PUT
Sonos
SONO
$1.81B
| $322K | ﹤0.01% |
29,800
-80,100
| -73% | -$779K |
|
|
PMM
10177
Franklin Managed Municipal Income Trust
PMM
$267M
| $322K | ﹤0.01% |
53,856
-422
| -0.8% | -$2.5K |
|
10178
Idaho Strategic Resources
IDR
$512M
| $322K | ﹤0.01% |
24,621
-97,106
| -80% | -$1.43M |
|
10179
CALL
Essent Group
ESNT
$6.19B
| $322K | ﹤0.01% |
+5,300
| New | +$305K |
|
10180
Astoria US Quality Kings ETF
ROE
$281M
| $322K | ﹤0.01% |
+9,991
| New | +$300K |
|
10181
CALL
TaskUs
TASK
$769M
| $322K | ﹤0.01% |
+19,200
| New | +$293K |
|
10182
John Hancock Multifactor Small Cap ETF
JHSC
$728M
| $322K | ﹤0.01% |
8,236
-4,763
| -37% | -$176K |
|
10183
CALL
NewtekOne
NEWT
$344M
| $321K | ﹤0.01% |
28,500
-4,200
| -13% | -$44.9K |
|
|
LUCK
10184
PUT
Lucky Strike Entertainment
LUCK
$883M
| $321K | ﹤0.01% |
35,200
-1,500
| -4% | -$13.6K |
|
10185
PUT
Amplitude
AMPL
$1.79B
| $321K | ﹤0.01% |
25,900
-102,300
| -80% | -$1.11M |
|
10186
CALL
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $321K | ﹤0.01% |
+3,300
| New | +$313K |
|
10187
CALL
Emergent Biosolutions
EBS
$303M
| $321K | ﹤0.01% |
50,300
+14,400
| +40% | +$82.4K |
|
10188
ProShares S&P Kensho Smart Factories ETF
MAKX
$5.11M
| $321K | ﹤0.01% |
7,015
-2,972
| -30% | -$114K |
|
10189
PUT
Cognex
CGNX
$10.2B
| $320K | ﹤0.01% |
10,100
+3,200
| +46% | +$91.7K |
|
10190
PUT
Expeditors International
EXPD
$24.8B
| $320K | ﹤0.01% |
2,800
+300
| +12% | +$33.6K |
|
10191
CALL
Krispy Kreme
DNUT
$602M
| $320K | ﹤0.01% |
109,900
+44,800
| +69% | +$156K |
|
10192
PUT
Integer Holdings
ITGR
$4.26B
| $320K | ﹤0.01% |
2,600
-4,500
| -63% | -$537K |
|
10193
Crane NXT
CXT
$2.89B
| $320K | ﹤0.01% |
5,929
-2,097
| -26% | -$107K |
|
10194
CALL
Enact Holdings
ACT
$6.75B
| $319K | ﹤0.01% |
+8,600
| New | +$305K |
|
10195
CALL
Phillips Edison & Co
PECO
$5.03B
| $319K | ﹤0.01% |
9,100
-1,100
| -11% | -$38.9K |
|
10196
Citizens Financial Services
CZFS
$390M
| $319K | ﹤0.01% |
5,428
-1,087
| -17% | -$62.5K |
|
10197
Johnson Outdoors
JOUT
$481M
| $319K | ﹤0.01% |
+10,525
| New | +$275K |
|
10198
Ranger Energy Services
RNGR
$387M
| $318K | ﹤0.01% |
26,667
+4,734
| +22% | +$56.8K |
|
10199
PUT
City Holding Co
CHCO
$2.01B
| $318K | ﹤0.01% |
2,600
-200
| -7% | -$23.5K |
|
10200
Travel + Leisure Co
TNL
$4.36B
| $318K | ﹤0.01% |
6,165
-18,059
| -75% | -$848K |
|
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.