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 | |
|---|---|---|---|---|---|---|
|
MMT
11251
Aberdeen Multi-Market Income Fund
MMT
$243M
| $136K | ﹤0.01% |
+29,184
| New | +$137K |
|
11252
CALL
Corsair Gaming
CRSR
$1.3B
| $135K | ﹤0.01% |
22,800
-451,400
| -95% | -$3.14M |
|
11253
Dare Bioscience
DARE
$14.2M
| $135K | ﹤0.01% |
70,021
+9,800
| +16% | +$19.6K |
|
11254
CALL
Lifecore Biomedical
LFCR
$172M
| $135K | ﹤0.01% |
+16,500
| New | +$122K |
|
11255
CION Investment
CION
$363M
| $135K | ﹤0.01% |
+13,956
| New | +$135K |
|
11256
PUT
Yext
YEXT
$693M
| $135K | ﹤0.01% |
16,700
-164,400
| -91% | -$1.38M |
|
11257
LG Display
LPL
$3.35B
| $135K | ﹤0.01% |
31,968
-96,182
| -75% | -$449K |
|
11258
PUT
Savara
SVRA
$1.08B
| $134K | ﹤0.01% |
22,200
-2,700
| -11% | -$13.2K |
|
11259
PUT
Titan International
TWI
$453M
| $133K | ﹤0.01% |
17,000
-12,100
| -42% | -$94.8K |
|
|
MTA
11260
PUT
Metalla Royalty & Streaming
MTA
$985M
| $133K | ﹤0.01% |
17,100
-37,800
| -69% | -$272K |
|
|
SQNS
11261
Sequans Communications SA
SQNS
$43.7M
| $133K | ﹤0.01% |
29,611
-16,521
| -36% | -$111K |
|
|
HIO
11262
Western Asset High Income Opportunity Fund
HIO
$331M
| $133K | ﹤0.01% |
35,822
-69,355
| -66% | -$263K |
|
11263
Gyrodyne
GYRO
$11.4M
| $133K | ﹤0.01% |
14,721
+535
| +4% | +$5.17K |
|
11264
Offerpad Solutions
OPAD
$21.3M
| $133K | ﹤0.01% |
10,969
-36,331
| -77% | -$804K |
|
11265
American Outdoor Brands
AOUT
$131M
| $133K | ﹤0.01% |
+17,164
| New | +$127K |
|
11266
PUT
Ring Energy
REI
$378M
| $133K | ﹤0.01% |
152,500
-7,300
| -5% | -$6.96K |
|
11267
PUT
ARKO Corp
ARKO
$490M
| $133K | ﹤0.01% |
29,200
+10,400
| +55% | +$46.6K |
|
|
SRTA
11268
Strata Critical Medical Inc
SRTA
$528M
| $132K | ﹤0.01% |
27,520
+7,969
| +41% | +$38.5K |
|
11269
Invesco Municipal Opportunity Trust
VMO
$657M
| $132K | ﹤0.01% |
+13,798
| New | +$133K |
|
11270
CALL
Allogene Therapeutics
ALLO
$698M
| $132K | ﹤0.01% |
96,200
+48,200
| +100% | +$63.6K |
|
11271
Butterfly Network
BFLY
$2.24B
| $132K | ﹤0.01% |
34,670
-1,011,956
| -97% | -$2.75M |
|
11272
CALL
Ceragon Networks
CRNT
$191M
| $132K | ﹤0.01% |
+62,700
| New | +$140K |
|
|
ILPT
11273
Industrial Logistics Properties Trust
ILPT
$557M
| $131K | ﹤0.01% |
+23,732
| New | +$131K |
|
11274
Atomera
ATOM
$164M
| $131K | ﹤0.01% |
59,446
-215,837
| -78% | -$652K |
|
|
VACHU
11275
DELISTED
Voyager Acquisition Corp Unit
VACHU
| $131K | ﹤0.01% |
+11,433
| New | +$123K |
|
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.