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 | |
|---|---|---|---|---|---|---|
11626
Radiant Logistics
RLGT
$408M
| $70.5K | ﹤0.01% |
+11,135
| New | +$69.1K |
|
|
TBHC
11627
DELISTED
The Brand House Collective
TBHC
| $70.1K | ﹤0.01% |
63,766
-45,306
| -42% | -$62.8K |
|
11628
CALL
Savara
SVRA
$1.13B
| $69.9K | ﹤0.01% |
11,600
-2,700
| -19% | -$13.2K |
|
11629
CALL
Opko Health
OPK
$1.12B
| $69.8K | ﹤0.01% |
55,400
-143,700
| -72% | -$200K |
|
|
CVAC
11630
PUT
DELISTED
CureVac
CVAC
| $69.6K | ﹤0.01% |
15,400
-42,100
| -73% | -$216K |
|
|
CYPH
11631
CALL
Cypherpunk Technologies Inc
CYPH
$204M
| $69.4K | ﹤0.01% |
59,800
+47,600
| +390% | +$52K |
|
11632
Protalix BioTherapeutics
PLX
$210M
| $69.3K | ﹤0.01% |
38,518
-34,404
| -47% | -$70.3K |
|
11633
Rallybio
RLYB
$89M
| $69.1K | ﹤0.01% |
12,591
-4,446
| -26% | -$22.9K |
|
11634
PUT
Caribou Biosciences
CRBU
$178M
| $69K | ﹤0.01% |
43,400
+23,900
| +123% | +$50.2K |
|
11635
Capitol Federal Financial
CFFN
$1.07B
| $68.9K | ﹤0.01% |
10,113
-35,341
| -78% | -$230K |
|
11636
SkinHealth Systems
SKIN
$90M
| $68.7K | ﹤0.01% |
+49,442
| New | +$71.5K |
|
|
RNTX
11637
Rein Therapeutics
RNTX
$67.5M
| $68.4K | ﹤0.01% |
58,995
+28,135
| +91% | +$38.8K |
|
11638
CALL
Gerdau
GGB
$9.22B
| $68.3K | ﹤0.01% |
+18,500
| New | +$64.7K |
|
11639
PUT
Intellicheck
IDN
$57.6M
| $68.1K | ﹤0.01% |
10,200
-23,300
| -70% | -$131K |
|
|
NFGC
11640
CALL
New Found Gold
NFGC
$749M
| $67.7K | ﹤0.01% |
+22,800
| New | +$55.9K |
|
11641
PSQ Holdings
PSQH
$23.6M
| $67.5K | ﹤0.01% |
4,369
-6,587
| -60% | -$163K |
|
11642
Accuray
ARAY
$31.3M
| $67.3K | ﹤0.01% |
81,585
-107,803
| -57% | -$135K |
|
11643
Gogoro
GGR
$51.6M
| $67.1K | ﹤0.01% |
+24,491
| New | +$98.7K |
|
11644
Transact Technologies
TACT
$52.4M
| $67K | ﹤0.01% |
16,752
-24,686
| -60% | -$112K |
|
|
DTCX
11645
PUT
Datacentrex Inc
DTCX
$109M
| $66.8K | ﹤0.01% |
+24,300
| New | +$103K |
|
11646
Custom Truck One Source
CTOS
$2.2B
| $66.5K | ﹤0.01% |
11,552
-24,119
| -68% | -$147K |
|
|
PPSI
11647
PUT
Pioneer Power Solutions
PPSI
$32.6M
| $66.2K | ﹤0.01% |
14,000
-6,700
| -32% | -$28.1K |
|
11648
Air Industries Group
AIRI
$12.6M
| $66.2K | ﹤0.01% |
+21,563
| New | +$66.3K |
|
|
AIFU
11649
AIFU Inc
AIFU
$131M
| $66.1K | ﹤0.01% |
1,238
+583
| +89% | +$44.9K |
|
11650
PUT
Unisys
UIS
$198M
| $66K | ﹤0.01% |
23,900
-126,500
| -84% | -$395K |
|
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.