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 | |
|---|---|---|---|---|---|---|
10526
CALL
Arcos Dorados Holdings
ARCO
$1.69B
| $277K | ﹤0.01% |
35,100
+19,100
| +119% | +$144K |
|
|
KEUA
10527
DELISTED
KraneShares European Carbon Allowance Strategy ETF
KEUA
| $277K | ﹤0.01% |
11,988
-1,839
| -13% | -$41.4K |
|
10528
CALL
iShares US Healthcare ETF
IYH
$3.74B
| $277K | ﹤0.01% |
4,900
-1,700
| -26% | -$95.9K |
|
10529
CALL
Consensus Cloud Solutions
CCSI
$697M
| $277K | ﹤0.01% |
+12,000
| New | +$258K |
|
10530
Contango Silver & Gold Inc
CTGO
$644M
| $277K | ﹤0.01% |
14,203
+1,412
| +11% | +$22.7K |
|
10531
Crexendo
CXDO
$208M
| $277K | ﹤0.01% |
45,565
-149,212
| -77% | -$779K |
|
10532
Adecoagro
AGRO
$1.55B
| $277K | ﹤0.01% |
+30,253
| New | +$295K |
|
|
RPT
10533
CALL
Rithm Property Trust
RPT
$99.8M
| $276K | ﹤0.01% |
+17,067
| New | +$278K |
|
10534
Legacy Housing
LEGH
$673M
| $276K | ﹤0.01% |
12,201
-1,180
| -9% | -$27.6K |
|
10535
PUT
Exponent
EXPO
$3.4B
| $276K | ﹤0.01% |
3,700
-17,300
| -82% | -$1.34M |
|
|
CVE.WS
10536
DELISTED
Cenovus Energy Inc Warrants
CVE.WS
| $276K | ﹤0.01% |
31,399
+11,093
| +55% | +$91.4K |
|
10537
Innovator US Equity Power Buffer ETF February
PFEB
$928M
| $276K | ﹤0.01% |
7,268
-26,883
| -79% | -$976K |
|
10538
Pure Cycle
PCYO
$276M
| $276K | ﹤0.01% |
25,770
-2,960
| -10% | -$30.7K |
|
|
KEEL
10539
CALL
Keel Infrastructure Corp
KEEL
$1.99B
| $276K | ﹤0.01% |
328,600
-51,100
| -13% | -$47.2K |
|
10540
ARK Israel Innovative Technology ETF
IZRL
$138M
| $276K | ﹤0.01% |
+10,159
| New | +$238K |
|
10541
ING
ING
$101B
| $276K | ﹤0.01% |
12,617
-99,440
| -89% | -$2.01M |
|
10542
CALL
VanEck Biotech ETF
BBH
$460M
| $276K | ﹤0.01% |
1,800
-11,800
| -87% | -$1.76M |
|
10543
CALL
Sensient Technologies
SXT
$5.75B
| $276K | ﹤0.01% |
+2,800
| New | +$250K |
|
|
KMID
10544
Virtus KAR Mid-Cap ETF
KMID
$44.8M
| $276K | ﹤0.01% |
+11,002
| New | +$265K |
|
10545
Cousins Properties
CUZ
$4.85B
| $276K | ﹤0.01% |
9,184
-10,189
| -53% | -$288K |
|
10546
Zumiez
ZUMZ
$307M
| $276K | ﹤0.01% |
20,792
-15,424
| -43% | -$195K |
|
10547
CuriosityStream
CURI
$155M
| $275K | ﹤0.01% |
48,818
-357,718
| -88% | -$1.64M |
|
|
NEXN
10548
CALL
Nexxen International
NEXN
$581M
| $275K | ﹤0.01% |
+26,400
| New | +$268K |
|
10549
Suburban Propane Partners
SPH
$1.18B
| $275K | ﹤0.01% |
14,830
-6,740
| -31% | -$131K |
|
|
SNBR
10550
DELISTED
Sleep Number
SNBR
| $274K | ﹤0.01% |
40,632
-18,803
| -32% | -$143K |
|
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.