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 | |
|---|---|---|---|---|---|---|
|
RA
11051
Brookfield Real Assets Income Fund
RA
$698M
| $217K | ﹤0.01% |
16,200
-28,116
| -63% | -$362K |
|
11052
CALL
First Industrial Realty Trust
FR
$8.27B
| $217K | ﹤0.01% |
+4,500
| New | +$219K |
|
11053
Hercules Capital
HTGC
$3.28B
| $216K | ﹤0.01% |
11,831
-10,749
| -48% | -$190K |
|
11054
CALL
News Corp Class B
NWS
$19B
| $216K | ﹤0.01% |
6,300
-1,800
| -22% | -$57K |
|
11055
Soundwatch Hedged Equity ETF
SHDG
$166M
| $216K | ﹤0.01% |
+7,264
| New | +$205K |
|
11056
LiveWire
LVWR
$279M
| $216K | ﹤0.01% |
46,912
+24,680
| +111% | +$73.9K |
|
11057
PUT
QuinStreet
QNST
$1.09B
| $216K | ﹤0.01% |
13,400
-34,000
| -72% | -$545K |
|
11058
Clarus
CLAR
$144M
| $216K | ﹤0.01% |
62,145
-20,880
| -25% | -$70.7K |
|
11059
Fidelity Disruptors ETF
FDIF
$110M
| $216K | ﹤0.01% |
6,390
-25,446
| -80% | -$786K |
|
11060
CALL
Taysha Gene Therapies
TSHA
$1.94B
| $216K | ﹤0.01% |
93,300
+28,800
| +45% | +$62.6K |
|
11061
CALL
Ingles Markets
IMKTA
$1.56B
| $215K | ﹤0.01% |
3,400
-1,000
| -23% | -$62.1K |
|
11062
New Mountain Finance
NMFC
$720M
| $215K | ﹤0.01% |
20,421
-43,002
| -68% | -$443K |
|
|
SILA
11063
CALL
DELISTED
Sila Realty Trust
SILA
| $215K | ﹤0.01% |
9,100
-4,300
| -32% | -$108K |
|
11064
Seer Inc
SEER
$111M
| $215K | ﹤0.01% |
100,529
-89,042
| -47% | -$178K |
|
11065
CALL
Genie Energy
GNE
$392M
| $215K | ﹤0.01% |
8,000
-9,600
| -55% | -$184K |
|
11066
PUT
Transcat
TRNS
$841M
| $215K | ﹤0.01% |
+2,500
| New | +$204K |
|
|
JCTR
11067
DELISTED
JPMorgan Carbon Transition US Equity ETF
JCTR
| $215K | ﹤0.01% |
+2,572
| New | +$199K |
|
11068
Western New England Bancorp
WNEB
$275M
| $215K | ﹤0.01% |
23,279
-360,094
| -94% | -$3.27M |
|
11069
PUT
Bakkt Inc
BKKT
$379M
| $215K | ﹤0.01% |
15,400
+200
| +1% | +$2.21K |
|
11070
Virtus Biotech Clinical Trials ETF
BBC
$52.6M
| $215K | ﹤0.01% |
+11,113
| New | +$202K |
|
11071
PUT
Simulations Plus
SLP
$373M
| $215K | ﹤0.01% |
+12,300
| New | +$345K |
|
|
IRET
11072
DELISTED
iREIT MarketVector Quality REIT Index ETF
IRET
| $214K | ﹤0.01% |
11,161
-3,453
| -24% | -$65.2K |
|
11073
AlTi Global
ALTI
$456M
| $214K | ﹤0.01% |
51,632
+8,593
| +20% | +$29.6K |
|
11074
Acme United Corp
ACU
$240M
| $214K | ﹤0.01% |
5,169
-23,261
| -82% | -$915K |
|
|
ZOCT
11075
Innovator Equity Defined Protection ETF - 1 Yr October
ZOCT
$105M
| $214K | ﹤0.01% |
8,242
-42,688
| -84% | -$1.08M |
|
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.