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 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.23% |
| 2 | Technology | 1.7% |
| 3 | Consumer Discretionary | 0.84% |
| 4 | Communication Services | 0.67% |
| 5 | Financials | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LEG
10251
DELISTED
Leggett & Platt
LEG
| $265K | ﹤0.01% |
24,074
-38,229
| -61% | -$376K |
|
10252
CALL
Diebold Nixdorf
DBD
$2.29B
| $265K | ﹤0.01% |
3,900
-3,200
| -45% | -$200K |
|
10253
CNA Financial
CNA
$13.3B
| $265K | ﹤0.01% |
5,544
-1,662
| -23% | -$76.6K |
|
10254
New Oriental
EDU
$9.36B
| $265K | ﹤0.01% |
4,807
-62,552
| -93% | -$3.43M |
|
10255
PUT
Sprinklr
CXM
$1.91B
| $265K | ﹤0.01% |
34,000
-16,600
| -33% | -$126K |
|
10256
PUT
Comstock
LODE
$258M
| $264K | ﹤0.01% |
70,300
-32,900
| -32% | -$112K |
|
10257
Algoma Steel
ASTL
$442M
| $264K | ﹤0.01% |
64,380
-82,816
| -56% | -$330K |
|
10258
Cass Information Systems
CASS
$725M
| $264K | ﹤0.01% |
+6,357
| New | +$259K |
|
|
SDEV
10259
Stablecoin Development Corp
SDEV
$47.3M
| $264K | ﹤0.01% |
+9,349
| New | +$86.6K |
|
|
PYPG
10260
Leverage Shares 2X Long PYPL Daily ETF
PYPG
$15.8M
| $264K | ﹤0.01% |
23,644
+364
| +2% | +$5.17K |
|
|
NQP
10261
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $263K | ﹤0.01% |
+22,156
| New | +$267K |
|
10262
CALL
Allient
ALNT
$1.58B
| $263K | ﹤0.01% |
+4,900
| New | +$256K |
|
10263
CALL
Schwab US REIT ETF
SCHH
$11.3B
| $263K | ﹤0.01% |
12,600
+2,500
| +25% | +$53K |
|
|
ORBS
10264
Eightco Holdings
ORBS
$312M
| $263K | ﹤0.01% |
+152,077
| New | +$714K |
|
10265
PUT
PetMed Express
PETS
$40.8M
| $263K | ﹤0.01% |
82,200
+52,100
| +173% | +$131K |
|
10266
Liberty Latin America Class C
LILAK
$1.66B
| $263K | ﹤0.01% |
+38,742
| New | +$290K |
|
|
SOEZ
10267
Franklin Solana ETF
SOEZ
$1.79M
| $263K | ﹤0.01% |
+12,396
| New | +$272K |
|
|
ORKA
10268
Oruka Therapeutics
ORKA
$6.03B
| $263K | ﹤0.01% |
+8,665
| New | +$241K |
|
|
EAOM
10269
DELISTED
iShares ESG Aware Moderate Allocation ETF
EAOM
| $263K | ﹤0.01% |
+8,743
| New | +$263K |
|
10270
CALL
Westwater Resources
WWR
$74.3M
| $262K | ﹤0.01% |
349,700
+83,200
| +31% | +$103K |
|
10271
PUT
Amylyx Pharmaceuticals
AMLX
$3.87B
| $262K | ﹤0.01% |
21,700
-79,500
| -79% | -$1.08M |
|
10272
Upwork
UPWK
$1.13B
| $262K | ﹤0.01% |
13,225
-292,718
| -96% | -$5.37M |
|
|
ORC
10273
PUT
Orchid Island Capital
ORC
$1.33B
| $262K | ﹤0.01% |
36,400
+5,300
| +17% | +$38.6K |
|
10274
Mach Natural Resources
MNR
$2.09B
| $262K | ﹤0.01% |
+23,726
| New | +$285K |
|
|
ARBK
10275
CALL
Argo Blockchain
ARBK
$42M
| $262K | ﹤0.01% |
76,800
+76,352
| +17,043% | +$4.88M |
|
Similar funds
Jeff Yass's Q4 2025 Portfolio in Review
As of Q4 2025, Jeff Yass held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
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 Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Jeff Yass added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Jeff Yass's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Jeff Yass fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Jeff Yass's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Jeff Yass opened 1,864 new positions and closed 1,914 in Q4 2025.
- Jeff Yass's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.