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 | |
|---|---|---|---|---|---|---|
11151
PUT
EverCommerce
EVCM
$1.63B
| $153K | ﹤0.01% |
+12,600
| New | +$134K |
|
11152
Prothena Corp
PRTA
$479M
| $153K | ﹤0.01% |
15,975
-141,472
| -90% | -$1.44M |
|
|
BTM
11153
DELISTED
Bitcoin Depot
BTM
| $152K | ﹤0.01% |
16,869
-104
| -0.6% | -$1.59K |
|
11154
PUT
Vishay Intertechnology
VSH
$4.69B
| $152K | ﹤0.01% |
10,500
-2,100
| -17% | -$31.8K |
|
|
SLN
11155
PUT
Silence Therapeutics
SLN
$834M
| $152K | ﹤0.01% |
+25,000
| New | +$160K |
|
11156
Hagerty
HGTY
$1.37B
| $152K | ﹤0.01% |
+11,306
| New | +$141K |
|
11157
CALL
Unicycive Therapeutics
UNCY
$147M
| $152K | ﹤0.01% |
+26,300
| New | +$140K |
|
|
CMBM
11158
PUT
DELISTED
Cambium Networks
CMBM
| $152K | ﹤0.01% |
+105,300
| New | +$179K |
|
|
GRFS
11159
PUT
Grifois
GRFS
$5.23B
| $151K | ﹤0.01% |
16,200
-2,800
| -15% | -$25.5K |
|
|
LGO
11160
Largo
LGO
$75.3M
| $151K | ﹤0.01% |
161,577
+146,197
| +951% | +$174K |
|
11161
Nerdy
NRDY
$87.7M
| $151K | ﹤0.01% |
+9,706
| New | +$164K |
|
|
AIV
11162
Aimco
AIV
$370M
| $151K | ﹤0.01% |
25,465
-38,642
| -60% | -$231K |
|
11163
CALL
Unisys
UIS
$196M
| $151K | ﹤0.01% |
54,800
-48,400
| -47% | -$151K |
|
|
FINS
11164
Angel Oak Financial Strategies Income Term Trust
FINS
$424M
| $151K | ﹤0.01% |
+11,428
| New | +$150K |
|
11165
Mativ Holdings
MATV
$669M
| $151K | ﹤0.01% |
12,419
-838
| -6% | -$9.87K |
|
11166
United Bancorp
UBCP
$90.1M
| $151K | ﹤0.01% |
+10,513
| New | +$141K |
|
11167
Safe Bulkers
SB
$868M
| $151K | ﹤0.01% |
31,282
-37,441
| -54% | -$178K |
|
11168
PUT
CryoPort
CYRX
$815M
| $151K | ﹤0.01% |
15,700
-118,300
| -88% | -$1.12M |
|
|
TUYA
11169
PUT
Tuya Inc
TUYA
$1.15B
| $150K | ﹤0.01% |
71,300
+15,600
| +28% | +$35.5K |
|
|
NXC
11170
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $150K | ﹤0.01% |
+11,391
| New | +$150K |
|
11171
PetMed Express
PETS
$40.8M
| $150K | ﹤0.01% |
46,940
+12,224
| +35% | +$30.7K |
|
|
BSAA
11172
BEST SPAC I Acquisition Corp
BSAA
$81.8M
| $150K | ﹤0.01% |
+14,821
| New | +$150K |
|
|
MFM
11173
Aberdeen Municipal Income Fund
MFM
$221M
| $150K | ﹤0.01% |
27,627
+12,155
| +79% | +$65.5K |
|
|
AISP
11174
PUT
Airship AI Holdings
AISP
$72M
| $150K | ﹤0.01% |
51,900
-38,800
| -43% | -$160K |
|
|
NA
11175
Nano Labs
NA
$51.5M
| $150K | ﹤0.01% |
47,571
+17,909
| +60% | +$77K |
|
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.