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 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
11651
CALL
CareCloud
CCLD
$112M
| $124K | ﹤0.01% |
+52,600
| New | +$100K |
|
11652
PUT
Village Farms International
VFF
$350M
| $124K | ﹤0.01% |
+112,800
| New | +$99.9K |
|
11653
CALL
Annovis Bio
ANVS
$75.8M
| $124K | ﹤0.01% |
57,100
+29,600
| +108% | +$58.4K |
|
11654
Ultralife
ULBI
$109M
| $124K | ﹤0.01% |
13,788
-23,891
| -63% | -$142K |
|
11655
PUT
ReNew
RNW
$2.49B
| $124K | ﹤0.01% |
+17,900
| New | +$117K |
|
|
HYI
11656
Western Asset High Yield Opportunity Fund Inc
HYI
$133M
| $124K | ﹤0.01% |
+10,313
| New | +$121K |
|
11657
CALL
Vuzix
VUZI
$225M
| $124K | ﹤0.01% |
42,300
-40,300
| -49% | -$95.1K |
|
11658
Nkarta
NKTX
$188M
| $123K | ﹤0.01% |
74,319
-55,864
| -43% | -$102K |
|
11659
Invesco Trust Investment Grade Municipals
VGM
$560M
| $123K | ﹤0.01% |
+12,986
| New | +$125K |
|
|
ACRE
11660
CALL
Ares Commercial Real Estate
ACRE
$257M
| $123K | ﹤0.01% |
25,800
-25,800
| -50% | -$115K |
|
11661
Milestone Pharmaceuticals
MIST
$147M
| $123K | ﹤0.01% |
63,369
+1,309
| +2% | +$1.75K |
|
11662
PUT
Hyliion Holdings
HYLN
$593M
| $123K | ﹤0.01% |
92,900
+15,800
| +20% | +$23K |
|
11663
CALL
VanEck Mortgage REIT Income ETF
MORT
$365M
| $122K | ﹤0.01% |
11,600
-5,400
| -32% | -$54.9K |
|
11664
CALL
Workhorse Group
WKHS
$33M
| $122K | ﹤0.01% |
9,250
-1,858
| -17% | -$24.1K |
|
11665
CALL
Manitowoc
MTW
$701M
| $121K | ﹤0.01% |
+10,100
| New | +$99.1K |
|
|
EFXT
11666
Enerflex
EFXT
$2.43B
| $121K | ﹤0.01% |
15,376
-3,019
| -16% | -$21.6K |
|
11667
CALL
AirSculpt Technologies
AIRS
$196M
| $121K | ﹤0.01% |
25,100
-17,900
| -42% | -$60.8K |
|
11668
Reading International Class A
RDI
$44.4M
| $121K | ﹤0.01% |
90,446
-22,295
| -20% | -$29.7K |
|
|
MXE
11669
Mexico Equity and Income Fund
MXE
$59.3M
| $121K | ﹤0.01% |
11,555
-3,108
| -21% | -$29.9K |
|
11670
CKX Lands
CKX
$23.1M
| $121K | ﹤0.01% |
11,303
+166
| +1% | +$1.81K |
|
11671
Gaia
GAIA
$39.7M
| $121K | ﹤0.01% |
27,549
-60,750
| -69% | -$277K |
|
11672
Nephros
NEPH
$44M
| $120K | ﹤0.01% |
29,425
+5,807
| +25% | +$15.5K |
|
11673
Cartesian Therapeutics
RNAC
$308M
| $120K | ﹤0.01% |
11,570
-890
| -7% | -$9.48K |
|
|
ILLR
11674
Triller Group Inc
ILLR
$20.2M
| $120K | ﹤0.01% |
+12,919
| New | +$114K |
|
|
MMU
11675
Western Asset Managed Municipals Fund
MMU
$554M
| $120K | ﹤0.01% |
+12,105
| New | +$120K |
|
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 Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
- 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.