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 | |
|---|---|---|---|---|---|---|
1101
CALL
Align Technology
ALGN
$11.3B
| $54.9M | 0.01% |
289,800
+79,100
| +38% | +$14M |
|
1102
CALL
Powell Industries
POWL
$6.89B
| $54.8M | 0.01% |
780,900
+320,700
| +70% | +$19.3M |
|
1103
Viking Therapeutics
VKTX
$3.88B
| $54.8M | 0.01% |
2,066,651
+389,847
| +23% | +$10.3M |
|
1104
Freeport-McMoran
FCX
$112B
| $54.7M | 0.01% |
1,262,751
-1,143,258
| -48% | -$43.4M |
|
1105
PUT
GitLab
GTLB
$7.1B
| $54.6M | 0.01% |
1,211,300
+420,700
| +53% | +$19.2M |
|
1106
Comcast
CMCSA
$95.9B
| $54.6M | 0.01% |
1,529,493
-374,645
| -20% | -$13M |
|
1107
PUT
Pultegroup
PHM
$24.7B
| $54.6M | 0.01% |
517,500
+41,800
| +9% | +$4.21M |
|
1108
CALL
Sysco
SYY
$40.2B
| $54.2M | 0.01% |
716,100
+459,500
| +179% | +$33.4M |
|
1109
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$346M
| $54.2M | 0.01% |
624,400
+261,000
| +72% | +$19.2M |
|
1110
CALL
Gartner
IT
$12.8B
| $54M | 0.01% |
133,700
+76,500
| +134% | +$32M |
|
|
HUT
1111
CALL
Hut 8
HUT
$9.81B
| $54M | 0.01% |
2,904,300
+1,568,500
| +117% | +$23.4M |
|
1112
Elevance Health
ELV
$87.3B
| $54M | 0.01% |
138,874
+37,755
| +37% | +$15.2M |
|
1113
CALL
Best Buy
BBY
$18.4B
| $53.8M | 0.01% |
802,000
-237,200
| -23% | -$16.1M |
|
1114
KKR & Co
KKR
$96.3B
| $53.8M | 0.01% |
404,699
+133,838
| +49% | +$15.7M |
|
1115
CALL
DuPont de Nemours
DD
$18.5B
| $53.5M | 0.01% |
621,480
+131,610
| +27% | +$10.9M |
|
1116
PUT
Whirlpool
WHR
$2.62B
| $53.5M | 0.01% |
527,100
+238,800
| +83% | +$19.9M |
|
1117
PUT
British American Tobacco
BTI
$122B
| $53.3M | 0.01% |
1,127,100
-88,700
| -7% | -$3.93M |
|
1118
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.9B
| $53.3M | 0.01% |
544,500
-1,119,620
| -67% | -$161M |
|
1119
PUT
Nice
NICE
$5.87B
| $53.3M | 0.01% |
315,300
-461,800
| -59% | -$74.4M |
|
1120
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $53.2M | 0.01% |
1,932,200
-3,529,100
| -65% | -$93.1M |
|
1121
PUT
Trump Media & Technology Group
DJT
$2.58B
| $53.2M | 0.01% |
2,948,600
+1,571,200
| +114% | +$34.2M |
|
1122
PUT
United States Natural Gas Fund
UNG
$511M
| $53.2M | 0.01% |
3,480,100
+2,767,600
| +388% | +$47.7M |
|
1123
Simon Property Group
SPG
$71.4B
| $53.2M | 0.01% |
330,736
+220,535
| +200% | +$34.8M |
|
1124
PUT
Oscar Health
OSCR
$9.82B
| $53.1M | 0.01% |
2,475,500
+1,842,600
| +291% | +$27.4M |
|
1125
PUT
Aon
AON
$76.2B
| $53.1M | 0.01% |
148,700
+15,000
| +11% | +$5.43M |
|
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.