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 | |
|---|---|---|---|---|---|---|
11226
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.41B
| $198K | ﹤0.01% |
18,090
-34,580
| -66% | -$375K |
|
11227
One Stop Systems
OSS
$282M
| $197K | ﹤0.01% |
55,631
+43,246
| +349% | +$121K |
|
11228
Palmer Square Capital BDC
PSBD
$315M
| $197K | ﹤0.01% |
14,134
-4,554
| -24% | -$61.5K |
|
11229
CALL
inTEST
INTT
$149M
| $197K | ﹤0.01% |
27,100
+11,000
| +68% | +$69.8K |
|
|
BHR
11230
Braemar Hotels & Resorts
BHR
$142M
| $197K | ﹤0.01% |
80,501
-20,271
| -20% | -$44.5K |
|
11231
Pliant Therapeutics
PLRX
$71.2M
| $197K | ﹤0.01% |
169,986
+73,519
| +76% | +$104K |
|
|
PLL
11232
DELISTED
Piedmont Lithium
PLL
| $196K | ﹤0.01% |
33,692
-6,137
| -15% | -$40.1K |
|
11233
PUT
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$25.2M
| $196K | ﹤0.01% |
1,000
-1,520
| -60% | -$370K |
|
11234
Diana Shipping
DSX
$335M
| $195K | ﹤0.01% |
133,875
-139,483
| -51% | -$210K |
|
|
UDMY
11235
PUT
DELISTED
Udemy
UDMY
| $195K | ﹤0.01% |
27,800
-700
| -2% | -$4.83K |
|
11236
Citizens
CIA
$199M
| $195K | ﹤0.01% |
55,963
-782,359
| -93% | -$3.06M |
|
11237
Pioneer Bancorp
PBFS
$428M
| $195K | ﹤0.01% |
16,215
-40
| -0.2% | -$459 |
|
11238
BCB Bancorp
BCBP
$157M
| $195K | ﹤0.01% |
23,134
-2,150
| -9% | -$18.2K |
|
11239
BV Financial
BVFL
$181M
| $195K | ﹤0.01% |
12,788
-143,452
| -92% | -$2.16M |
|
11240
BARK
BARK
$98M
| $194K | ﹤0.01% |
11,053
-340
| -3% | -$7.81K |
|
11241
Silvercrest Asset Management
SAMG
$79.2M
| $194K | ﹤0.01% |
12,239
-4,850
| -28% | -$73.3K |
|
11242
CALL
Smart Sand
SND
$214M
| $194K | ﹤0.01% |
96,300
-38,900
| -29% | -$78.7K |
|
11243
Liberty All-Star Equity Fund
USA
$1.85B
| $194K | ﹤0.01% |
28,419
-6,536
| -19% | -$42.5K |
|
|
ENX
11244
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
| $193K | ﹤0.01% |
20,810
+1,069
| +5% | +$9.92K |
|
|
THRD
11245
DELISTED
Third Harmonic Bio
THRD
| $193K | ﹤0.01% |
35,583
+7,395
| +26% | +$36.9K |
|
11246
KORU Medical Systems
KRMD
$148M
| $193K | ﹤0.01% |
53,966
-374,341
| -87% | -$1.06M |
|
|
MAPS
11247
DELISTED
WM TECHNOLOGY INC A
MAPS
| $193K | ﹤0.01% |
215,490
+53,266
| +33% | +$57.4K |
|
11248
Lexeo Therapeutics
LXEO
$409M
| $193K | ﹤0.01% |
48,011
-2,136
| -4% | -$7.02K |
|
|
RSVR
11249
Reservoir Media
RSVR
$643M
| $193K | ﹤0.01% |
25,161
+1,265
| +5% | +$9.29K |
|
|
CEPU
11250
CALL
Central Puerto
CEPU
$2.03B
| $193K | ﹤0.01% |
16,500
-19,900
| -55% | -$234K |
|
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.