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 | |
|---|---|---|---|---|---|---|
|
EIM
11276
Eaton Vance Municipal Bond Fund
EIM
$493M
| $131K | ﹤0.01% |
+13,491
| New | +$133K |
|
11277
Fathom Holdings
FTHM
$23.3M
| $131K | ﹤0.01% |
129,827
-114,485
| -47% | -$154K |
|
11278
BlackRock MuniYield New York Quality Fund
MYN
$371M
| $131K | ﹤0.01% |
+13,229
| New | +$133K |
|
11279
CKX Lands
CKX
$23.3M
| $131K | ﹤0.01% |
14,309
-1,513
| -10% | -$15.3K |
|
11280
CALL
Getty Images
GETY
$107M
| $131K | ﹤0.01% |
97,700
-54,600
| -36% | -$94K |
|
11281
NN Inc
NNBR
$280M
| $131K | ﹤0.01% |
102,278
+24,959
| +32% | +$38.2K |
|
|
BTA
11282
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
| $131K | ﹤0.01% |
14,081
+1,184
| +9% | +$11.2K |
|
11283
Stagwell
STGW
$2.14B
| $131K | ﹤0.01% |
26,721
-33,138
| -55% | -$172K |
|
11284
CALL
C4 Therapeutics
CCCC
$474M
| $130K | ﹤0.01% |
68,300
+7,200
| +12% | +$17.1K |
|
|
EIC
11285
Eagle Point Income Company
EIC
$231M
| $130K | ﹤0.01% |
11,430
-2,041
| -15% | -$24.4K |
|
11286
CALL
Radiant Logistics
RLGT
$408M
| $130K | ﹤0.01% |
+20,600
| New | +$128K |
|
|
FOCL
11287
CALL
EDAP TMS S.A.
FOCL
$198M
| $130K | ﹤0.01% |
39,600
+20,400
| +106% | +$49K |
|
11288
Jerash Holdings
JRSH
$68.8M
| $130K | ﹤0.01% |
42,654
-226,360
| -84% | -$720K |
|
|
EFT
11289
Eaton Vance Floating-Rate Income Trust
EFT
$283M
| $130K | ﹤0.01% |
11,507
-160
| -1% | -$1.83K |
|
|
SNBR
11290
PUT
DELISTED
Sleep Number
SNBR
| $129K | ﹤0.01% |
15,300
-7,900
| -34% | -$49.9K |
|
11291
Ocular Therapeutix
OCUL
$2.28B
| $129K | ﹤0.01% |
10,653
-628,299
| -98% | -$7.63M |
|
11292
Douglas Emmett
DEI
$1.97B
| $129K | ﹤0.01% |
11,767
-889
| -7% | -$11.1K |
|
11293
KRONOS Worldwide
KRO
$1.01B
| $129K | ﹤0.01% |
29,239
-6,719
| -19% | -$32.6K |
|
11294
Definitive Healthcare
DH
$85.7M
| $129K | ﹤0.01% |
44,990
+29,616
| +193% | +$82.1K |
|
|
IMMP
11295
PUT
Immutep
IMMP
$56.1M
| $129K | ﹤0.01% |
+45,100
| New | +$94.9K |
|
|
TSI
11296
TCW Strategic Income Fund
TSI
$281M
| $129K | ﹤0.01% |
+26,094
| New | +$129K |
|
|
DMB
11297
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
| $129K | ﹤0.01% |
+11,723
| New | +$126K |
|
11298
PUT
Kyverna Therapeutics
KYTX
$518M
| $129K | ﹤0.01% |
+13,700
| New | +$102K |
|
11299
PUT
eGain
EGAN
$203M
| $129K | ﹤0.01% |
+12,500
| New | +$149K |
|
11300
PUT
3D Systems Corp
DDD
$545M
| $129K | ﹤0.01% |
72,600
-310,500
| -81% | -$756K |
|
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.