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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.35% |
| 2 | Technology | 1.74% |
| 3 | Consumer Discretionary | 0.9% |
| 4 | Financials | 0.71% |
| 5 | Communication Services | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
11301
Research Frontiers
REFR
$16.1M
| $146K | ﹤0.01% |
91,876
-38,432
| -29% | -$58.1K |
|
11302
New Mountain Finance
NMFC
$712M
| $146K | ﹤0.01% |
15,145
-5,276
| -26% | -$54.7K |
|
|
KLC
11303
PUT
KinderCare Learning Companies
KLC
$308M
| $145K | ﹤0.01% |
21,900
-17,600
| -45% | -$148K |
|
11304
CALL
Nomura Holdings
NMR
$30.1B
| $145K | ﹤0.01% |
+20,000
| New | +$140K |
|
|
SRG
11305
PUT
Seritage Growth Properties
SRG
$119M
| $145K | ﹤0.01% |
34,200
+9,600
| +39% | +$33.6K |
|
11306
TScan Therapeutics
TCRX
$51.1M
| $145K | ﹤0.01% |
79,760
-64,612
| -45% | -$114K |
|
|
KALV
11307
CALL
DELISTED
KalVista Pharmaceuticals
KALV
| $145K | ﹤0.01% |
11,900
-258,700
| -96% | -$3.57M |
|
11308
Golub Capital BDC
GBDC
$3.38B
| $144K | ﹤0.01% |
+10,555
| New | +$155K |
|
11309
CALL
Douglas Elliman
DOUG
$166M
| $144K | ﹤0.01% |
50,500
+3,100
| +7% | +$8.13K |
|
11310
Townsquare Media
TSQ
$105M
| $144K | ﹤0.01% |
+21,458
| New | +$155K |
|
11311
Atea Pharmaceuticals
AVIR
$430M
| $144K | ﹤0.01% |
49,694
-114,828
| -70% | -$392K |
|
|
AXIA
11312
DELISTED
AXIA Energia
AXIA
| $144K | ﹤0.01% |
18,316
-5,833
| -24% | -$36.7K |
|
|
ENHA
11313
Enhanced Group Inc
ENHA
$628M
| $144K | ﹤0.01% |
+14,506
| New | +$144K |
|
|
BSL
11314
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$170M
| $144K | ﹤0.01% |
+10,207
| New | +$145K |
|
11315
Capricor Therapeutics
CAPR
$558M
| $143K | ﹤0.01% |
19,877
-26,138
| -57% | -$192K |
|
|
ALFUU
11316
Centurion Acquisition Corp Unit
ALFUU
| $143K | ﹤0.01% |
13,445
-287
| -2% | -$3.06K |
|
11317
CALL
Vaalco Energy
EGY
$607M
| $143K | ﹤0.01% |
+35,600
| New | +$137K |
|
|
ALOT
11318
DELISTED
AstroNova
ALOT
| $143K | ﹤0.01% |
+13,952
| New | +$154K |
|
11319
PUT
International Money Express
IMXI
$437M
| $142K | ﹤0.01% |
10,200
-6,100
| -37% | -$75.6K |
|
|
HERE
11320
Here Group Ltd
HERE
$103M
| $142K | ﹤0.01% |
+15,793
| New | +$140K |
|
11321
Gain Therapeutics
GANX
$77.2M
| $142K | ﹤0.01% |
80,435
+884
| +1% | +$1.49K |
|
|
DAO
11322
PUT
Youdao
DAO
$2.01B
| $142K | ﹤0.01% |
14,300
-15,000
| -51% | -$134K |
|
11323
Gyrodyne
GYRO
$11.4M
| $142K | ﹤0.01% |
+14,186
| New | +$140K |
|
11324
CALL
Humacyte
HUMA
$181M
| $141K | ﹤0.01% |
81,300
-103,300
| -56% | -$202K |
|
|
ADVM
11325
PUT
DELISTED
Adverum Biotechnologies
ADVM
| $141K | ﹤0.01% |
+31,200
| New | +$92K |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q3 2025 filing shows 1,794 new, 5,240 increased, 5,148 reduced and 2,105 closed positions. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.