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 | Technology | 1.7% |
| 2 | Consumer Discretionary | 0.84% |
| 3 | Communication Services | 0.67% |
| 4 | Financials | 0.66% |
| 5 | Healthcare | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
PUT
Sanofi
SNY
$109B
| $66.7M | 0.01% |
1,375,700
+529,600
| +63% | +$26.3M |
|
1152
PUT
Realty Income
O
$59.8B
| $66.5M | 0.01% |
1,179,000
-341,600
| -22% | -$19.8M |
|
1153
CALL
DigitalOcean
DOCN
$13.1B
| $66.4M | 0.01% |
1,380,700
+520,400
| +60% | +$22.9M |
|
1154
PUT
Rocket Companies
RKT
$39.9B
| $66.4M | 0.01% |
3,431,700
-2,352,800
| -41% | -$42.1M |
|
1155
PUT
Energy Transfer Partners
ET
$72.6B
| $66.1M | 0.01% |
4,007,300
-791,000
| -16% | -$13.2M |
|
1156
PUT
Madrigal Pharmaceuticals
MDGL
$11.8B
| $66M | 0.01% |
113,400
-6,400
| -5% | -$3.27M |
|
1157
PUT
Best Buy
BBY
$18.4B
| $65.8M | 0.01% |
983,000
-43,400
| -4% | -$3.31M |
|
1158
Honeywell
HON
$68.1B
| $65.7M | 0.01% |
336,857
-188,850
| -36% | -$36.9M |
|
1159
PUT
BP
BP
$113B
| $65.6M | 0.01% |
1,888,000
-582,700
| -24% | -$20.4M |
|
1160
PUT
PennyMac Financial
PFSI
$3.91B
| $65.4M | 0.01% |
496,200
-6,800
| -1% | -$866K |
|
1161
AbbVie
ABBV
$467B
| $65.3M | 0.01% |
285,931
-7,497
| -3% | -$1.71M |
|
1162
PUT
Energy Fuels
UUUU
$3.72B
| $65.3M | 0.01% |
4,491,900
+1,704,400
| +61% | +$28.9M |
|
1163
PUT
Generac Holdings
GNRC
$12B
| $65.2M | 0.01% |
478,300
-116,800
| -20% | -$18.8M |
|
1164
PUT
Symbotic
SYM
$5.2B
| $65.2M | 0.01% |
1,095,200
+563,900
| +106% | +$37.2M |
|
1165
PUT
Oscar Health
OSCR
$9.82B
| $65.1M | 0.01% |
4,532,200
-2,897,300
| -39% | -$50.1M |
|
1166
PUT
SolarEdge
SEDG
$1.85B
| $65.1M | 0.01% |
2,257,400
-651,000
| -22% | -$22.7M |
|
1167
Celestica
CLS
$37.1B
| $64.9M | 0.01% |
219,648
+48,594
| +28% | +$14.6M |
|
1168
NextEra Energy
NEE
$175B
| $64.9M | 0.01% |
808,634
+166,483
| +26% | +$13.8M |
|
1169
Veeva Systems
VEEV
$40.4B
| $64.9M | 0.01% |
290,571
+186,472
| +179% | +$49.5M |
|
1170
KLA
KLAC
$237B
| $64.8M | 0.01% |
533,430
-375,410
| -41% | -$44M |
|
1171
PUT
Southern Company
SO
$104B
| $64.6M | 0.01% |
741,200
-27,800
| -4% | -$2.54M |
|
1172
CALL
Paychex
PAYX
$44.8B
| $64.6M | 0.01% |
575,900
-429,000
| -43% | -$50.2M |
|
1173
PUT
CleanSpark
CLSK
$3.06B
| $64.6M | 0.01% |
6,381,100
-1,868,100
| -23% | -$28M |
|
1174
CALL
Canadian Solar
CSIQ
$972M
| $64.3M | 0.01% |
2,705,000
+1,960,900
| +264% | +$42.7M |
|
1175
Agnico Eagle Mines
AEM
$110B
| $64.2M | 0.01% |
378,749
+235,208
| +164% | +$39.5M |
|
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 Technology at 1.7% of assets, down from 1.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- 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.