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 | |
|---|---|---|---|---|---|---|
|
AWP
11676
abrdn Global Premier Properties Fund
AWP
$361M
| $62.5K | ﹤0.01% |
5,427
-37,724
| -87% | -$441K |
|
|
RKTO
11677
Rocket One Inc
RKTO
$18M
| $62.1K | ﹤0.01% |
+62,747
| New | +$79.8K |
|
11678
VTEX
VTEX
$584M
| $62K | ﹤0.01% |
16,479
-7,603
| -32% | -$31.2K |
|
|
DC.WS
11679
DELISTED
Dakota Gold Corp Warrants
DC.WS
| $61.6K | ﹤0.01% |
+16,969
| New | +$46.4K |
|
|
MDCX
11680
Medicus Pharma
MDCX
$16.9M
| $61.4K | ﹤0.01% |
+40,162
| New | +$86K |
|
11681
Cardiff Oncology
CRDF
$76.7M
| $61.4K | ﹤0.01% |
21,840
-42,266
| -66% | -$98.1K |
|
11682
Atea Pharmaceuticals
AVIR
$437M
| $61.2K | ﹤0.01% |
17,156
-32,538
| -65% | -$103K |
|
|
TONX
11683
PUT
TON Strategy Co
TONX
$188M
| $61.1K | ﹤0.01% |
30,700
-14,000
| -31% | -$51.1K |
|
|
INV
11684
CALL
Innventure Inc
INV
$124M
| $61K | ﹤0.01% |
+14,600
| New | +$61.3K |
|
|
SEV
11685
CALL
Aptera Motors
SEV
$95.7M
| $60.9K | ﹤0.01% |
+14,200
| New | +$88.9K |
|
11686
PUT
Voyager Therapeutics
VYGR
$213M
| $60.9K | ﹤0.01% |
15,500
-700
| -4% | -$3.1K |
|
|
MVO
11687
DELISTED
MV Oil Trust
MVO
| $60.9K | ﹤0.01% |
49,110
+373
| +0.8% | +$1.22K |
|
11688
Metalpha Technology Holding
MATH
$39.3M
| $60.9K | ﹤0.01% |
+28,997
| New | +$84.5K |
|
11689
CALL
Vista Gold
VGZ
$343M
| $60.9K | ﹤0.01% |
30,900
-2,900
| -9% | -$5.59K |
|
11690
CALL
INmune Bio
INMB
$66.6M
| $60.7K | ﹤0.01% |
38,900
-57,300
| -60% | -$102K |
|
11691
PUT
Nkarta
NKTX
$197M
| $60.7K | ﹤0.01% |
32,800
+15,200
| +86% | +$30.4K |
|
11692
Innoviz Technologies
INVZ
$106M
| $60K | ﹤0.01% |
70,361
-569,595
| -89% | -$901K |
|
11693
CALL
Cricut
CRCT
$1.19B
| $59.9K | ﹤0.01% |
12,100
-10,200
| -46% | -$52.1K |
|
|
FMST
11694
Foremost Lithium Resource & Technology
FMST
$20.3M
| $59.6K | ﹤0.01% |
+28,124
| New | +$83.1K |
|
11695
Patriot National Bancorp
PNBK
$121M
| $59.2K | ﹤0.01% |
+32,532
| New | +$44.9K |
|
11696
CALL
CPS Technologies
CPSH
$76M
| $59K | ﹤0.01% |
+19,100
| New | +$67.6K |
|
11697
NanoViricides
NNVC
$32.7M
| $58.6K | ﹤0.01% |
51,871
-346
| -0.7% | -$486 |
|
11698
ClearSign Technologies
CLIR
$30.8M
| $58.3K | ﹤0.01% |
10,476
+5,492
| +110% | +$43.7K |
|
|
YARW
11699
Yarrow Bioscience
YARW
$101M
| $58.2K | ﹤0.01% |
2,007
+852
| +74% | +$17.1K |
|
11700
American Shared Hospital Services
AMS
$9.71M
| $57.8K | ﹤0.01% |
+27,371
| New | +$60K |
|
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.