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 | |
|---|---|---|---|---|---|---|
11726
Siebert Financial
SIEB
$81M
| $53.8K | ﹤0.01% |
+15,333
| New | +$48.7K |
|
|
AIRJ
11727
CALL
Montana Technologies Corp
AIRJ
$351M
| $53.6K | ﹤0.01% |
+13,600
| New | +$58.8K |
|
11728
Laird Superfood
LSF
$43.4M
| $53.4K | ﹤0.01% |
24,063
-23,483
| -49% | -$84.7K |
|
|
HUIZ
11729
Huize Holding Ltd
HUIZ
$17.3M
| $53.3K | ﹤0.01% |
18,982
-9,312
| -33% | -$32.2K |
|
11730
Cytosorbents Corp
CTSO
$21.4M
| $53.3K | ﹤0.01% |
83,363
-14,858
| -15% | -$11.4K |
|
|
FARM
11731
PUT
DELISTED
Farmer Brothers
FARM
| $53.1K | ﹤0.01% |
36,400
| – | – |
|
11732
CALL
Citius Pharmaceuticals
CTXR
$17.3M
| $53.1K | ﹤0.01% |
68,100
+45,300
| +199% | +$56.6K |
|
|
MAXN
11733
PUT
DELISTED
Maxeon Solar Technologies
MAXN
| $53.1K | ﹤0.01% |
19,300
+600
| +3% | +$1.99K |
|
|
AIFC
11734
CALL
AI Financial Corp
AIFC
$83.6M
| $52.6K | ﹤0.01% |
47,800
-862,200
| -95% | -$1.66M |
|
11735
TOMI Environmental Solutions
TOMZ
$14.4M
| $52.1K | ﹤0.01% |
22,276
-11,484
| -34% | -$29.5K |
|
|
FLNT
11736
Fluent
FLNT
$117M
| $52.1K | ﹤0.01% |
21,717
-18,230
| -46% | -$38.4K |
|
11737
CALL
Evolent Health
EVH
$519M
| $52K | ﹤0.01% |
13,000
-116,900
| -90% | -$650K |
|
11738
Hongli Group
HLP
$96.4M
| $51.9K | ﹤0.01% |
49,899
+15,253
| +44% | +$22.1K |
|
11739
Guardforce AI
GFAI
$11.7M
| $51.6K | ﹤0.01% |
93,576
+75,780
| +426% | +$68.3K |
|
11740
Cue Biopharma
CUE
$205M
| $51.6K | ﹤0.01% |
5,628
+79
| +1% | +$1.45K |
|
11741
Oxford Square Capital
OXSQ
$146M
| $51.5K | ﹤0.01% |
29,260
-10,234
| -26% | -$18.6K |
|
11742
PUT
Offerpad Solutions
OPAD
$21.7M
| $50.8K | ﹤0.01% |
4,200
-36,670
| -90% | -$811K |
|
11743
CALL
Ribbon Communications
RBBN
$358M
| $50.7K | ﹤0.01% |
17,600
| – | – |
|
11744
CALL
Phunware
PHUN
$43.2M
| $50.5K | ﹤0.01% |
27,300
-1,200
| -4% | -$2.79K |
|
11745
Smartbird Inc
BIRD
$32.7M
| $50.5K | ﹤0.01% |
12,309
+1,852
| +18% | +$10.5K |
|
11746
Lee Enterprises
LEE
$184M
| $50.1K | ﹤0.01% |
+10,465
| New | +$44.7K |
|
|
DHC
11747
Diversified Healthcare Trust
DHC
$1.9B
| $50.1K | ﹤0.01% |
10,334
-10,966
| -51% | -$49.7K |
|
11748
Destination XL Group
DXLG
$34.3M
| $50K | ﹤0.01% |
54,375
+42,721
| +367% | +$43.8K |
|
|
ZH
11749
Zhihu
ZH
$261M
| $50K | ﹤0.01% |
15,240
-131,223
| -90% | -$525K |
|
11750
Century Therapeutics
IPSC
$404M
| $49.8K | ﹤0.01% |
50,104
-17,820
| -26% | -$10.9K |
|
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.