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 | |
|---|---|---|---|---|---|---|
|
MAPS
11476
PUT
DELISTED
WM TECHNOLOGY INC A
MAPS
| $95.9K | ﹤0.01% |
115,600
+99,300
| +609% | +$97.7K |
|
|
PPSI
11477
CALL
Pioneer Power Solutions
PPSI
$32.7M
| $95.5K | ﹤0.01% |
20,200
-17,800
| -47% | -$74.5K |
|
11478
CALL
Suzano
SUZ
$11.1B
| $95.3K | ﹤0.01% |
+10,200
| New | +$92.7K |
|
11479
AudioCodes
AUDC
$244M
| $95.2K | ﹤0.01% |
10,902
-14,258
| -57% | -$130K |
|
11480
Quest Resource Holding
QRHC
$30.4M
| $95.1K | ﹤0.01% |
51,138
+40,831
| +396% | +$69.2K |
|
|
OBE
11481
PUT
Obsidian Energy
OBE
$777M
| $95K | ﹤0.01% |
15,500
-20,500
| -57% | -$124K |
|
11482
RF Industries
RFIL
$115M
| $95K | ﹤0.01% |
16,432
-10,195
| -38% | -$70.6K |
|
|
HUYA
11483
Huya Inc
HUYA
$493M
| $94.7K | ﹤0.01% |
32,886
-472,208
| -93% | -$1.38M |
|
11484
Sportsman's Warehouse
SPWH
$44.9M
| $94.6K | ﹤0.01% |
64,807
-158,613
| -71% | -$345K |
|
11485
CALL
E.W. Scripps
SSP
$296M
| $94.6K | ﹤0.01% |
+23,700
| New | +$79.7K |
|
11486
Journey Medical
DERM
$213M
| $94.4K | ﹤0.01% |
+12,249
| New | +$96K |
|
11487
PUT
Prelude Therapeutics
PRLD
$496M
| $94.3K | ﹤0.01% |
+32,500
| New | +$54.8K |
|
11488
CALL
Janus International
JBI
$681M
| $94.2K | ﹤0.01% |
14,400
-19,300
| -57% | -$150K |
|
11489
Harvard Bioscience
HBIO
$36.2M
| $93.5K | ﹤0.01% |
13,987
+5,552
| +66% | +$32.9K |
|
|
GUT
11490
Gabelli Utility Trust
GUT
$579M
| $93K | ﹤0.01% |
+15,430
| New | +$92.9K |
|
11491
CALL
HighPeak Energy
HPK
$1.02B
| $92.9K | ﹤0.01% |
+19,600
| New | +$118K |
|
|
IRD
11492
CALL
Opus Genetics
IRD
$314M
| $92.9K | ﹤0.01% |
+46,200
| New | +$93.8K |
|
11493
CALL
GrowGeneration
GRWG
$99M
| $92.8K | ﹤0.01% |
61,900
+8,300
| +15% | +$13.6K |
|
11494
Castellum
CTM
$57M
| $92.6K | ﹤0.01% |
102,556
+84,865
| +480% | +$90.6K |
|
11495
Rackspace Technology
RXT
$846M
| $92.6K | ﹤0.01% |
95,393
-284,513
| -75% | -$358K |
|
|
TUYA
11496
CALL
Tuya Inc
TUYA
$1.18B
| $92.4K | ﹤0.01% |
43,800
-71,600
| -62% | -$163K |
|
11497
Commercial Vehicle Group
CVGI
$130M
| $92.3K | ﹤0.01% |
64,129
+47,392
| +283% | +$75.4K |
|
11498
PUT
INmune Bio
INMB
$67.2M
| $92K | ﹤0.01% |
59,000
-96,600
| -62% | -$172K |
|
11499
Outset Medical
OM
$76.9M
| $91.7K | ﹤0.01% |
+24,714
| New | +$212K |
|
11500
Playtika
PLTK
$873M
| $91.6K | ﹤0.01% |
23,196
-132,894
| -85% | -$520K |
|
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.