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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.93% |
| 2 | Communication Services | 0.62% |
| 3 | Consumer Discretionary | 0.62% |
| 4 | Industrials | 0.48% |
| 5 | Healthcare | 0.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
PUT
Ross Stores
ROST
$77.5B
| $94.9M | 0.01% |
445,800
+230,600
| +107% | +$51.9M |
|
1002
CALL
BP
BP
$113B
| $94.7M | 0.01% |
2,563,600
-1,147,000
| -31% | -$50.3M |
|
1003
PayPal
PYPL
$52.8B
| $94.6M | 0.01% |
2,190,403
+756,876
| +53% | +$34.4M |
|
1004
CALL
UiPath
PATH
$8.59B
| $94.6M | 0.01% |
8,700,400
-1,817,700
| -17% | -$19.4M |
|
1005
CALL
Vishay Intertechnology
VSH
$4.67B
| $94.2M | 0.01% |
1,751,900
+1,712,200
| +4,313% | +$70M |
|
1006
CALL
Lennar Class A
LEN
$21.2B
| $94.1M | 0.01% |
1,039,500
+89,700
| +9% | +$8.02M |
|
1007
PUT
SAP
SAP
$252B
| $94M | 0.01% |
609,900
+127,400
| +26% | +$21.7M |
|
1008
PUT
Wayfair
W
$14.1B
| $94M | 0.01% |
1,016,800
+286,200
| +39% | +$21.1M |
|
1009
CALL
United States Natural Gas Fund
UNG
$511M
| $93.9M | 0.01% |
8,014,400
+3,532,500
| +79% | +$39.5M |
|
1010
CALL
First Majestic Silver
AG
$10.3B
| $93.8M | 0.01% |
5,532,000
-3,856,900
| -41% | -$76.4M |
|
1011
CALL
POET Technologies
POET
$1.34B
| $93.8M | 0.01% |
9,122,200
+2,748,400
| +43% | +$29.9M |
|
1012
PUT
iShares Gold Trust
IAU
$69B
| $93.7M | 0.01% |
1,240,300
+886,100
| +250% | +$75.2M |
|
1013
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $93.6M | 0.01% |
3,758,900
+33,200
| +0.9% | +$1.15M |
|
1014
PUT
SiTime
SITM
$17.5B
| $93.4M | 0.01% |
125,300
+101,600
| +429% | +$64.1M |
|
|
KEEL
1015
CALL
Keel Infrastructure Corp
KEEL
$2.01B
| $93M | 0.01% |
16,197,100
+2,907,300
| +22% | +$12.5M |
|
1016
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $92.9M | 0.01% |
866,900
-284,200
| -25% | -$32.4M |
|
1017
PUT
HCA Healthcare
HCA
$92.9B
| $92.2M | 0.01% |
236,600
-79,000
| -25% | -$33.4M |
|
1018
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $92.1M | 0.01% |
131,000
-3,800
| -3% | -$2.54M |
|
1019
CALL
Fluor
FLR
$6.86B
| $92M | 0.01% |
1,756,500
+224,100
| +15% | +$11M |
|
1020
CALL
Prudential Financial
PRU
$42.3B
| $91.9M | 0.01% |
851,600
+18,900
| +2% | +$1.92M |
|
1021
Amphenol
APH
$192B
| $91.8M | 0.01% |
520,924
+231,660
| +80% | +$33.4M |
|
|
EXE
1022
PUT
Expand Energy Corp
EXE
$22.3B
| $91.8M | 0.01% |
1,006,900
+321,400
| +47% | +$30.5M |
|
1023
CALL
iShares MSCI Taiwan ETF
EWT
$11.2B
| $91.8M | 0.01% |
845,300
+686,300
| +432% | +$64.2M |
|
|
USAR
1024
CALL
USA Rare Earth Inc
USAR
$4.48B
| $91.8M | 0.01% |
4,252,600
-205,800
| -5% | -$4.69M |
|
1025
PUT
Upstart Holdings
UPST
$2.91B
| $91.7M | 0.01% |
2,589,500
-75,200
| -3% | -$2.32M |
|
Similar funds
Jeff Yass's Q2 2026 Portfolio in Review
As of Q2 2026, Jeff Yass held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $142B of net new capital in Q2 2026, opening 1,956 new positions and adding to 5,793 existing holdings. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, up from 2% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.78B trimmed.
- Jeff Yass's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Jeff Yass's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Jeff Yass's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Jeff Yass opened 1,956 new positions and closed 1,748 in Q2 2026.
- Jeff Yass's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.