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 | |
|---|---|---|---|---|---|---|
11526
CPS Technologies
CPSH
$76M
| $87.7K | ﹤0.01% |
28,391
-10,388
| -27% | -$36.8K |
|
11527
Five Point Holdings
FPH
$366M
| $87.5K | ﹤0.01% |
15,647
-15,757
| -50% | -$93.2K |
|
11528
Lantern Pharma
LTRN
$27.6M
| $87.3K | ﹤0.01% |
28,820
-10,274
| -26% | -$38.2K |
|
11529
PUT
Playtika
PLTK
$877M
| $87.3K | ﹤0.01% |
22,100
-17,400
| -44% | -$68K |
|
|
FIRY
11530
PUT
Firy Inc
FIRY
$167M
| $87.1K | ﹤0.01% |
20,200
-43,600
| -68% | -$269K |
|
|
LNKB
11531
DELISTED
LINKBANCORP
LNKB
| $86.9K | ﹤0.01% |
+10,519
| New | +$79K |
|
11532
CALL
QuickLogic
QUIK
$207M
| $86.5K | ﹤0.01% |
14,400
-1,200
| -8% | -$7.77K |
|
11533
Orion
OEC
$354M
| $86.5K | ﹤0.01% |
+16,382
| New | +$88.9K |
|
|
ILPT
11534
PUT
Industrial Logistics Properties Trust
ILPT
$555M
| $86.4K | ﹤0.01% |
15,600
+700
| +5% | +$3.87K |
|
11535
CALL
ADC Therapeutics
ADCT
$143M
| $86.1K | ﹤0.01% |
24,400
-15,400
| -39% | -$62.5K |
|
11536
electroCore
ECOR
$87.5M
| $86.1K | ﹤0.01% |
+19,188
| New | +$96.2K |
|
11537
CALL
Solid Biosciences
SLDB
$1.09B
| $85.7K | ﹤0.01% |
15,200
-700
| -4% | -$3.79K |
|
|
MTA
11538
CALL
Metalla Royalty & Streaming
MTA
$1.03B
| $85.6K | ﹤0.01% |
11,000
-32,000
| -74% | -$230K |
|
11539
CALL
BCB Bancorp
BCBP
$157M
| $85.5K | ﹤0.01% |
+10,600
| New | +$85.5K |
|
11540
CALL
Lineage Cell Therapeutics
LCTX
$293M
| $85.3K | ﹤0.01% |
51,100
-58,200
| -53% | -$101K |
|
11541
CALL
Biodesix
BDSX
$300M
| $85K | ﹤0.01% |
12,500
-3,500
| -22% | -$25.8K |
|
11542
Kartoon Studios
TOON
$39.9M
| $84.5K | ﹤0.01% |
+117,403
| New | +$86.6K |
|
11543
J-Long Group
JL
$18.4M
| $84.4K | ﹤0.01% |
+14,166
| New | +$77.9K |
|
11544
Xponential Fitness
XPOF
$228M
| $84.4K | ﹤0.01% |
10,258
-181,288
| -95% | -$1.29M |
|
11545
CALL
Stereotaxis
STXS
$147M
| $84.4K | ﹤0.01% |
+36,700
| New | +$97.7K |
|
11546
PUT
DiaMedica Therapeutics
DMAC
$364M
| $84.4K | ﹤0.01% |
10,600
-5,900
| -36% | -$44.1K |
|
11547
Horizon Technology Finance
HRZN
$323M
| $84.2K | ﹤0.01% |
13,058
-4,096
| -24% | -$26.2K |
|
11548
Northern Technologies International Corp
NTIC
$76.6M
| $84.2K | ﹤0.01% |
10,753
-3,412
| -24% | -$26.2K |
|
|
PPSI
11549
Pioneer Power Solutions
PPSI
$32.6M
| $83.9K | ﹤0.01% |
17,733
+655
| +4% | +$2.74K |
|
11550
Nautilus Biotechnolgy
NAUT
$115M
| $83.7K | ﹤0.01% |
+42,916
| New | +$70.4K |
|
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.