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 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
PUT
Zillow
Z
$8.33B
| $57.2M | 0.01% |
816,100
+159,500
| +24% | +$10.7M |
|
1077
CALL
NIO
NIO
$10.9B
| $57M | 0.01% |
16,631,600
-971,500
| -6% | -$3.62M |
|
1078
PUT
Diamondback Energy
FANG
$57.6B
| $57M | 0.01% |
415,100
+108,600
| +35% | +$15M |
|
1079
Abbott
ABT
$202B
| $57M | 0.01% |
418,836
+129,614
| +45% | +$17.1M |
|
1080
PUT
Advance Auto Parts
AAP
$2.63B
| $56.9M | 0.01% |
1,224,400
+275,100
| +29% | +$11M |
|
1081
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $56.6M | 0.01% |
173,500
-45,500
| -21% | -$12.6M |
|
1082
PUT
International Paper
IP
$21.7B
| $56.5M | 0.01% |
1,207,300
-106,000
| -8% | -$5.01M |
|
1083
PUT
Snap
SNAP
$9.35B
| $56.5M | 0.01% |
6,501,900
+54,300
| +0.8% | +$451K |
|
1084
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.4B
| $56.5M | 0.01% |
894,674
+772,936
| +635% | +$45M |
|
1085
CALL
Trane Technologies
TT
$99.7B
| $56.3M | 0.01% |
128,600
+57,000
| +80% | +$22.5M |
|
1086
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $56.1M | 0.01% |
2,036,900
-5,022,000
| -71% | -$133M |
|
1087
CALL
Iris Energy
IREN
$14.2B
| $56.1M | 0.01% |
3,849,300
+2,189,600
| +132% | +$17.8M |
|
1088
PUT
Warner Bros
WBD
$72B
| $56.1M | 0.01% |
4,892,700
-3,051,400
| -38% | -$28.5M |
|
1089
PUT
D-Wave Quantum Inc
QBTS
$6.96B
| $56M | 0.01% |
3,823,100
+2,424,400
| +173% | +$28.5M |
|
1090
Williams Companies
WMB
$86.8B
| $55.9M | 0.01% |
889,714
+326,371
| +58% | +$19.3M |
|
1091
CALL
TransDigm Group
TDG
$66.3B
| $55.8M | 0.01% |
36,700
+3,700
| +11% | +$5.2M |
|
1092
PUT
Builders FirstSource
BLDR
$7.56B
| $55.7M | 0.01% |
477,200
+267,600
| +128% | +$30.9M |
|
1093
Monolithic Power Systems
MPWR
$63.2B
| $55.6M | 0.01% |
76,073
+11,231
| +17% | +$7.16M |
|
1094
PUT
Best Buy
BBY
$18.4B
| $55.6M | 0.01% |
828,300
-451,300
| -35% | -$30.7M |
|
1095
CALL
Ecolab
ECL
$80.4B
| $55.6M | 0.01% |
206,200
+60,000
| +41% | +$15.3M |
|
1096
AT&T
T
$176B
| $55.5M | 0.01% |
1,916,235
+922,751
| +93% | +$25.4M |
|
1097
Archer Aviation
ACHR
$4.67B
| $55.3M | 0.01% |
5,101,192
+1,725,674
| +51% | +$16.2M |
|
1098
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $55.2M | 0.01% |
588,340
-105,360
| -15% | -$14M |
|
|
WBA
1099
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $55.1M | 0.01% |
4,798,300
+1,566,000
| +48% | +$17.4M |
|
1100
CALL
Alcoa
AA
$13B
| $55M | 0.01% |
1,865,100
+804,100
| +76% | +$21.7M |
|
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 deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% 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 $5.24B trimmed.
- 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.