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 | |
|---|---|---|---|---|---|---|
11501
Holley
HLLY
$356M
| $149K | ﹤0.01% |
74,635
+16,862
| +29% | +$35.8K |
|
11502
PUT
Solid Power
SLDP
$543M
| $149K | ﹤0.01% |
68,000
-13,200
| -16% | -$18.5K |
|
11503
Cemex
CX
$15.7B
| $149K | ﹤0.01% |
21,487
-27,217
| -56% | -$173K |
|
|
BACQU
11504
DELISTED
Inflection Point Acquisition Corp IV Unit
BACQU
| $149K | ﹤0.01% |
13,985
+1,353
| +11% | +$14.1K |
|
|
ALFUU
11505
Centurion Acquisition Corp Unit
ALFUU
| $148K | ﹤0.01% |
13,732
-2,300
| -14% | -$24.1K |
|
11506
CALL
SES AI
SES
$204M
| $148K | ﹤0.01% |
166,600
+58,700
| +54% | +$49.3K |
|
|
CNCK
11507
Coincheck Group
CNCK
$405M
| $148K | ﹤0.01% |
+27,088
| New | +$163K |
|
|
NXN
11508
DELISTED
Nuveen New York Tax-Free Income Portfolio
NXN
| $148K | ﹤0.01% |
+12,710
| New | +$146K |
|
11509
PUT
loanDepot
LDI
$352M
| $148K | ﹤0.01% |
116,300
-11,000
| -9% | -$13.4K |
|
11510
CALL
Enviri
NVRI
$642M
| $148K | ﹤0.01% |
+17,000
| New | +$125K |
|
|
BRDG
11511
DELISTED
Bridge Investment Group
BRDG
| $147K | ﹤0.01% |
14,714
-3,252
| -18% | -$30.3K |
|
11512
United-Guardian
UG
$33.1M
| $147K | ﹤0.01% |
18,476
+7,543
| +69% | +$62.4K |
|
11513
Fractyl Health
GUTS
$120M
| $147K | ﹤0.01% |
90,761
+34,067
| +60% | +$55K |
|
|
RGT
11514
Royce Global Value Trust
RGT
$102M
| $147K | ﹤0.01% |
12,200
+1,121
| +10% | +$12.4K |
|
11515
CALL
Carlyle Secured Lending
CGBD
$797M
| $146K | ﹤0.01% |
10,700
-32,800
| -75% | -$466K |
|
|
MTLS
11516
CALL
Materialise
MTLS
$429M
| $146K | ﹤0.01% |
+25,900
| New | +$134K |
|
|
RPC
11517
PUT
Ridgepost Capital
RPC
$971M
| $146K | ﹤0.01% |
+14,300
| New | +$153K |
|
11518
Betterware México
BWMX
$638M
| $146K | ﹤0.01% |
+16,850
| New | +$157K |
|
|
NB
11519
NioCorp Developments
NB
$641M
| $146K | ﹤0.01% |
+62,501
| New | +$156K |
|
|
NXC
11520
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $146K | ﹤0.01% |
+11,053
| New | +$142K |
|
11521
Biote Corp
BTMD
$43.9M
| $146K | ﹤0.01% |
36,204
-1,878
| -5% | -$6.93K |
|
|
HOUS
11522
CALL
DELISTED
Anywhere Real Estate
HOUS
| $146K | ﹤0.01% |
40,200
-20,200
| -33% | -$70.5K |
|
|
MRDN
11523
Meridian Holdings Inc
MRDN
$178M
| $146K | ﹤0.01% |
7,133
+76
| +1% | +$1.65K |
|
11524
Bakkt Inc
BKKT
$388M
| $145K | ﹤0.01% |
10,425
-1,540
| -13% | -$17K |
|
11525
Lipocine
LPCN
$18.9M
| $145K | ﹤0.01% |
46,019
+7,039
| +18% | +$22.8K |
|
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.