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 | |
|---|---|---|---|---|---|---|
|
LFT
11651
Lument Finance Trust
LFT
$38.3M
| $65.8K | ﹤0.01% |
+46,632
| New | +$74.5K |
|
11652
TH International
THCH
$40.7M
| $65.6K | ﹤0.01% |
26,354
-3,389
| -11% | -$8.5K |
|
11653
Neonode
NEON
$14.8M
| $65.5K | ﹤0.01% |
+37,629
| New | +$99.6K |
|
11654
CALL
Playboy Inc
PLBY
$144M
| $65.4K | ﹤0.01% |
34,800
+14,600
| +72% | +$23.9K |
|
|
YSG
11655
CALL
Yatsen Holding
YSG
$283M
| $65.4K | ﹤0.01% |
16,800
-28,900
| -63% | -$184K |
|
11656
Health Catalyst
HCAT
$120M
| $65.3K | ﹤0.01% |
27,324
-17,004
| -38% | -$46.5K |
|
|
HIX
11657
Western Asset High Income Fund II
HIX
$351M
| $65.2K | ﹤0.01% |
+15,684
| New | +$66.1K |
|
|
AIFC
11658
PUT
AI Financial Corp
AIFC
$83.6M
| $65.2K | ﹤0.01% |
59,300
-810,700
| -93% | -$1.56M |
|
11659
CALL
Sasol
SSL
$7.44B
| $65.1K | ﹤0.01% |
10,000
-24,300
| -71% | -$154K |
|
11660
CALL
ReNew
RNW
$2.49B
| $65K | ﹤0.01% |
11,500
-1,100
| -9% | -$7.95K |
|
11661
CALL
Equillium
EQ
$155M
| $64.9K | ﹤0.01% |
41,900
-74,200
| -64% | -$90.4K |
|
11662
OPAL Fuels
OPAL
$64.7M
| $64.8K | ﹤0.01% |
27,525
-19,105
| -41% | -$46K |
|
11663
Antelope Enterprise Holdings
AEHL
$5.77M
| $64.6K | ﹤0.01% |
+380
| New | +$91.5K |
|
11664
Talphera
TLPH
$63.8M
| $64.3K | ﹤0.01% |
+56,432
| New | +$68K |
|
11665
PUT
Blink Charging
BLNK
$83.5M
| $63.6K | ﹤0.01% |
95,000
-25,600
| -21% | -$37K |
|
11666
PUT
Arena Group
AREN
$44.8M
| $63.6K | ﹤0.01% |
15,900
+3,300
| +26% | +$14.8K |
|
|
EMPD
11667
PUT
Empery Digital
EMPD
$88M
| $63.5K | ﹤0.01% |
13,900
-30,400
| -69% | -$178K |
|
11668
CALL
Jasper Therapeutics
JSPR
$23.3M
| $63.3K | ﹤0.01% |
34,600
+8,500
| +33% | +$17.1K |
|
11669
INNOVATE Corp
VATE
$106M
| $63.3K | ﹤0.01% |
+14,007
| New | +$69.5K |
|
11670
Werewolf Therapeutics
HOWL
$47.2M
| $63.2K | ﹤0.01% |
99,829
+6,788
| +7% | +$8.25K |
|
|
DFDVW
11671
DeFi Development Corp Warrant
DFDVW
$3.12M
| $63.2K | ﹤0.01% |
+41,573
| New | +$139K |
|
11672
Townsquare Media
TSQ
$106M
| $63.1K | ﹤0.01% |
12,268
-9,190
| -43% | -$51.6K |
|
11673
CALL
Anixa Biosciences
ANIX
$122M
| $63K | ﹤0.01% |
+20,200
| New | +$82.7K |
|
|
ACTU
11674
Actuate Therapeutics
ACTU
$40.6M
| $62.7K | ﹤0.01% |
+10,253
| New | +$70.4K |
|
11675
Loop Industries
LOOP
$26.9M
| $62.7K | ﹤0.01% |
62,711
+29,328
| +88% | +$38.7K |
|
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.