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 | |
|---|---|---|---|---|---|---|
11451
Meridian
MRBK
$231M
| $160K | ﹤0.01% |
12,393
-159,702
| -93% | -$2.11M |
|
11452
PUT
UNIFI
UFI
$138M
| $160K | ﹤0.01% |
30,600
+7,100
| +30% | +$35K |
|
11453
CALL
Adtran
ADTN
$629M
| $160K | ﹤0.01% |
17,800
-26,500
| -60% | -$211K |
|
11454
Televisa
TV
$1.46B
| $160K | ﹤0.01% |
72,876
+6,217
| +9% | +$12.2K |
|
|
SCS
11455
PUT
DELISTED
Steelcase
SCS
| $160K | ﹤0.01% |
+15,300
| New | +$158K |
|
11456
PUT
Dyne Therapeutics
DYN
$4.91B
| $159K | ﹤0.01% |
16,700
-20,900
| -56% | -$230K |
|
|
IRS
11457
CALL
IRSA Inversiones y Representaciones
IRS
$1.27B
| $159K | ﹤0.01% |
+11,400
| New | +$162K |
|
11458
CALL
Boston Omaha
BOC
$417M
| $159K | ﹤0.01% |
+11,300
| New | +$165K |
|
|
IGA
11459
Voya Global Advantage and Premium Opportunity Fund
IGA
$162M
| $159K | ﹤0.01% |
+15,971
| New | +$156K |
|
11460
Data Storage Corp
DTST
$6.92M
| $158K | ﹤0.01% |
45,607
+13,430
| +42% | +$48.6K |
|
11461
PUT
One Stop Systems
OSS
$283M
| $158K | ﹤0.01% |
44,500
+21,200
| +91% | +$59.1K |
|
|
PCEM
11462
DELISTED
Polen Capital Emerging Markets ex-China Growth ETF
PCEM
| $157K | ﹤0.01% |
14,505
-2,004
| -12% | -$20.4K |
|
11463
Beamr Imaging
BMR
$19.7M
| $157K | ﹤0.01% |
49,850
+517
| +1% | +$1.41K |
|
|
BDN
11464
PUT
Brandywine Realty Trust
BDN
$539M
| $157K | ﹤0.01% |
36,600
-47,500
| -56% | -$197K |
|
11465
SR Bancorp
SRBK
$141M
| $157K | ﹤0.01% |
11,613
-10,277
| -47% | -$132K |
|
|
PLTZ
11466
Defiance Daily Target 2x Short PLTR ETF
PLTZ
$40.5M
| $157K | ﹤0.01% |
+2,680
| New | +$160K |
|
11467
CALL
Jasper Therapeutics
JSPR
$23.3M
| $157K | ﹤0.01% |
28,200
+4,500
| +19% | +$22.2K |
|
11468
CALL
Expensify
EXFY
$232M
| $156K | ﹤0.01% |
60,300
-34,100
| -36% | -$87.1K |
|
|
KBDC
11469
Kayne Anderson BDC
KBDC
$892M
| $156K | ﹤0.01% |
+10,193
| New | +$161K |
|
|
NREF
11470
NexPoint Real Estate Finance
NREF
$327M
| $155K | ﹤0.01% |
11,273
-2,592
| -19% | -$37.1K |
|
11471
Shattuck Labs
STTK
$782M
| $155K | ﹤0.01% |
196,328
+144,890
| +282% | +$141K |
|
11472
CALL
Barings BDC
BBDC
$982M
| $155K | ﹤0.01% |
17,000
-74,000
| -81% | -$658K |
|
11473
Nuveen AMT-Free Municipal Value Fund
NUW
$250M
| $155K | ﹤0.01% |
11,336
+446
| +4% | +$6.06K |
|
11474
Nerdy
NRDY
$86.3M
| $155K | ﹤0.01% |
6,331
+74
| +1% | +$1.77K |
|
|
TDAY
11475
PUT
USA Today Co
TDAY
$947M
| $155K | ﹤0.01% |
+43,200
| New | +$145K |
|
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.