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 | |
|---|---|---|---|---|---|---|
11351
Hudbay
HBM
$13.5B
| $175K | ﹤0.01% |
16,495
-18,984
| -54% | -$158K |
|
11352
Cohen & Steers Closed End Opportunity Fund
FOF
$376M
| $175K | ﹤0.01% |
+13,867
| New | +$165K |
|
|
MIN
11353
Aberdeen Intermediate Income Fund
MIN
$279M
| $175K | ﹤0.01% |
64,497
-9,847
| -13% | -$26.3K |
|
|
GRSD
11354
CALL
Grandstand Ltd
GRSD
$65.9M
| $175K | ﹤0.01% |
+14,700
| New | +$181K |
|
11355
CALL
NCR Voyix
VYX
$1.27B
| $175K | ﹤0.01% |
14,900
-42,700
| -74% | -$432K |
|
11356
CALL
TechTarget
TTGT
$283M
| $174K | ﹤0.01% |
+22,400
| New | +$178K |
|
|
CAN
11357
CALL
Canaan Creative
CAN
$330M
| $174K | ﹤0.01% |
280,500
-714,400
| -72% | -$502K |
|
|
NBXG
11358
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.2B
| $174K | ﹤0.01% |
+11,901
| New | +$153K |
|
11359
PUT
Biomea Fusion
BMEA
$122M
| $173K | ﹤0.01% |
96,300
+53,700
| +126% | +$103K |
|
|
SOHU
11360
CALL
Sohu.com
SOHU
$368M
| $173K | ﹤0.01% |
13,000
+1,100
| +9% | +$11.7K |
|
|
MGRM
11361
DELISTED
Monogram Orthopaedics
MGRM
| $173K | ﹤0.01% |
59,811
+4,966
| +9% | +$13.4K |
|
11362
Riverview Bancorp
RVSB
$103M
| $172K | ﹤0.01% |
+31,301
| New | +$181K |
|
11363
Aclaris Therapeutics
ACRS
$907M
| $172K | ﹤0.01% |
121,147
-1,260,594
| -91% | -$1.71M |
|
|
RCS
11364
PIMCO Strategic Income Fund
RCS
$249M
| $172K | ﹤0.01% |
24,701
-18,019
| -42% | -$112K |
|
11365
PUT
Cushman & Wakefield Ltd
CWK
$3.32B
| $172K | ﹤0.01% |
+15,500
| New | +$152K |
|
11366
Eagle Bancorp Montana
EBMT
$179M
| $171K | ﹤0.01% |
10,280
-81,383
| -89% | -$1.37M |
|
|
RDNW
11367
RideNow Group
RDNW
$230M
| $171K | ﹤0.01% |
73,974
-12,811
| -15% | -$28.8K |
|
11368
eGain
EGAN
$205M
| $171K | ﹤0.01% |
27,331
+1,894
| +7% | +$10.1K |
|
11369
Wheels Up
UP
$180M
| $170K | ﹤0.01% |
7,963
+1,805
| +29% | +$44.4K |
|
11370
CALL
Corvus Pharmaceuticals
CRVS
$1.24B
| $170K | ﹤0.01% |
42,600
-83,300
| -66% | -$303K |
|
11371
PUT
Lands' End
LE
$366M
| $170K | ﹤0.01% |
+15,900
| New | +$144K |
|
11372
PUT
Runway Growth Finance
RWAY
$276M
| $170K | ﹤0.01% |
+15,800
| New | +$153K |
|
|
MVO
11373
DELISTED
MV Oil Trust
MVO
| $170K | ﹤0.01% |
29,430
+5,961
| +25% | +$34.6K |
|
11374
CALL
Immatics
IMTX
$1.28B
| $169K | ﹤0.01% |
31,500
-800
| -2% | -$3.97K |
|
11375
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
OILD
$30.2M
| $169K | ﹤0.01% |
+1,268
| New | +$194K |
|
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.