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 | |
|---|---|---|---|---|---|---|
11551
PUT
Clarus
CLAR
$142M
| $140K | ﹤0.01% |
40,400
+19,400
| +92% | +$65.7K |
|
|
GPMT
11552
CALL
Granite Point Mortgage Trust
GPMT
$50.1M
| $140K | ﹤0.01% |
56,700
-18,200
| -24% | -$40.9K |
|
11553
PUT
Alpha Pro Tech
APT
$54.5M
| $140K | ﹤0.01% |
29,800
-13,700
| -31% | -$62.1K |
|
11554
PUT
Zedge
ZDGE
$37.8M
| $140K | ﹤0.01% |
34,800
-10,300
| -23% | -$26.6K |
|
11555
Direxion Daily TSLA Bear 1X ETF
TSLS
$63.4M
| $139K | ﹤0.01% |
1,779
-28,298
| -94% | -$2.52M |
|
11556
EA Bridgeway Blue Chip ETF
BBLU
$464M
| $139K | ﹤0.01% |
10,141
-23,913
| -70% | -$305K |
|
11557
Critical Metals Corp
CRML
$1.21B
| $139K | ﹤0.01% |
+38,955
| New | +$71K |
|
|
NIU
11558
PUT
Niu Technologies
NIU
$156M
| $139K | ﹤0.01% |
41,500
-30,300
| -42% | -$104K |
|
11559
Invesco Preferred ETF
PGX
$3.73B
| $139K | ﹤0.01% |
12,504
-109,442
| -90% | -$1.21M |
|
11560
CALL
Sotera Health
SHC
$5.61B
| $139K | ﹤0.01% |
12,500
-26,800
| -68% | -$314K |
|
11561
CALL
Rekor Systems
REKR
$82.9M
| $139K | ﹤0.01% |
119,800
+3,500
| +3% | +$3.68K |
|
|
ADUR
11562
Aduro Clean Technologies
ADUR
$523M
| $139K | ﹤0.01% |
+15,500
| New | +$107K |
|
11563
PUT
Arhaus
ARHS
$1.27B
| $139K | ﹤0.01% |
+16,000
| New | +$134K |
|
|
NIU
11564
Niu Technologies
NIU
$156M
| $139K | ﹤0.01% |
41,276
-56,231
| -58% | -$193K |
|
|
SPPP
11565
Sprott Physical Platinum and Palladium Trust
SPPP
$639M
| $139K | ﹤0.01% |
+11,811
| New | +$120K |
|
|
TRVG
11566
CALL
trivago
TRVG
$409M
| $138K | ﹤0.01% |
36,700
-40,200
| -52% | -$165K |
|
|
ZTR
11567
Virtus Total Return Fund
ZTR
$341M
| $138K | ﹤0.01% |
22,184
-2,182
| -9% | -$13.1K |
|
11568
SunPower Inc
SPWR
$64.7M
| $138K | ﹤0.01% |
+75,078
| New | +$130K |
|
11569
PUT
Zevia
ZVIA
$103M
| $138K | ﹤0.01% |
42,900
-32,900
| -43% | -$86.6K |
|
|
LUCK
11570
CALL
Lucky Strike Entertainment
LUCK
$840M
| $138K | ﹤0.01% |
15,100
+3,800
| +34% | +$34.4K |
|
11571
CALL
Gray Television
GTN
$496M
| $138K | ﹤0.01% |
+30,400
| New | +$118K |
|
11572
PUT
Ardmore Shipping
ASC
$722M
| $137K | ﹤0.01% |
14,300
-11,600
| -45% | -$112K |
|
|
PNI
11573
PIMCO New York Municipal Income Fund II
PNI
$76.4M
| $137K | ﹤0.01% |
20,414
+8,321
| +69% | +$56.2K |
|
11574
Culp Inc
CULP
$43.4M
| $137K | ﹤0.01% |
34,890
-23,580
| -40% | -$94.7K |
|
11575
PUT
Odyssey Marine Exploration
OMEX
$54.8M
| $136K | ﹤0.01% |
115,500
+35,800
| +45% | +$32.6K |
|
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.