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 | |
|---|---|---|---|---|---|---|
1151
CALL
CRH
CRH
$63.7B
| $51.5M | 0.01% |
560,900
+136,000
| +32% | +$12.4M |
|
1152
CALL
Burlington
BURL
$20.8B
| $51.3M | 0.01% |
220,700
-14,500
| -6% | -$3.45M |
|
1153
PUT
Toronto Dominion Bank
TD
$193B
| $51.3M | 0.01% |
698,800
+359,800
| +106% | +$23.5M |
|
1154
PUT
Centene
CNC
$32.4B
| $51.3M | 0.01% |
945,000
-565,900
| -37% | -$33.2M |
|
1155
PUT
Zoetis
ZTS
$31.9B
| $51.2M | 0.01% |
328,200
-6,900
| -2% | -$1.09M |
|
1156
CALL
Expedia Group
EXPE
$40.7B
| $51.2M | 0.01% |
303,300
-43,300
| -12% | -$7.02M |
|
1157
PUT
US Bancorp
USB
$97.3B
| $51.2M | 0.01% |
1,130,500
-371,300
| -25% | -$15.6M |
|
1158
Twilio
TWLO
$34.2B
| $51.1M | 0.01% |
410,963
+296,310
| +258% | +$31.5M |
|
1159
GE Aerospace
GE
$355B
| $51.1M | 0.01% |
198,473
+100,568
| +103% | +$22.1M |
|
1160
CALL
Quantum Computing Inc
QUBT
$1.87B
| $50.9M | 0.01% |
2,655,000
+307,900
| +13% | +$3.39M |
|
1161
PUT
L3Harris
LHX
$48.9B
| $50.9M | 0.01% |
202,900
+116,500
| +135% | +$26.8M |
|
1162
PUT
HP
HPQ
$26.1B
| $50.9M | 0.01% |
2,079,800
+254,500
| +14% | +$6.49M |
|
|
MSTU
1163
CALL
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$5.44B
| $50.8M | 0.01% |
58,772
+17,337
| +42% | +$13.1M |
|
1164
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$24.4B
| $50.8M | 0.01% |
211,400
+177,700
| +527% | +$38.8M |
|
|
K
1165
CALL
DELISTED
Kellanova
K
| $50.8M | 0.01% |
638,300
-146,600
| -19% | -$12M |
|
1166
Delta Air Lines
DAL
$54.2B
| $50.7M | 0.01% |
1,030,198
+291,458
| +39% | +$13.4M |
|
1167
CALL
Bloom Energy
BE
$60.1B
| $50.6M | 0.01% |
2,116,600
-181,700
| -8% | -$3.52M |
|
|
NNE
1168
CALL
Nano Nuclear Energy
NNE
$981M
| $50.5M | 0.01% |
1,465,200
+275,700
| +23% | +$7.6M |
|
1169
CALL
Vale
VALE
$64B
| $50.4M | 0.01% |
5,190,600
+1,948,300
| +60% | +$18.4M |
|
1170
CALL
Caesars Entertainment
CZR
$6.04B
| $50.1M | 0.01% |
1,763,800
-52,500
| -3% | -$1.43M |
|
1171
CALL
F5
FFIV
$21.5B
| $50M | 0.01% |
169,900
-10,800
| -6% | -$2.98M |
|
1172
PUT
Levi Strauss
LEVI
$8.36B
| $50M | 0.01% |
2,703,000
+2,492,500
| +1,184% | +$41.5M |
|
1173
PUT
Cummins
CMI
$78.7B
| $49.9M | 0.01% |
152,400
+22,600
| +17% | +$7M |
|
1174
CALL
Air Products & Chemicals
APD
$68.2B
| $49.9M | 0.01% |
176,900
+26,300
| +17% | +$7.2M |
|
1175
PUT
General Dynamics
GD
$104B
| $49.9M | 0.01% |
171,000
-85,500
| -33% | -$23.5M |
|
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 deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
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.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- 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.