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 | |
|---|---|---|---|---|---|---|
11751
CALL
Quantum-Si Incorporated
QSI
$176M
| $49.8K | ﹤0.01% |
45,300
-11,900
| -21% | -$19.4K |
|
11752
Data I/O
DAIO
$31M
| $49.8K | ﹤0.01% |
15,697
+269
| +2% | +$808 |
|
11753
PUT
VistaGen Therapeutics
VTGN
$11.4M
| $49.5K | ﹤0.01% |
75,000
+60,500
| +417% | +$219K |
|
11754
American Vanguard Corp
AVD
$64.3M
| $49.4K | ﹤0.01% |
12,919
-18,433
| -59% | -$86.2K |
|
|
TRVG
11755
trivago
TRVG
$397M
| $49.2K | ﹤0.01% |
16,973
+448
| +3% | +$1.36K |
|
11756
CALL
Clarivate
CLVT
$1.3B
| $49.1K | ﹤0.01% |
14,700
-41,200
| -74% | -$146K |
|
|
YRD
11757
Yiren Digital
YRD
$94.5M
| $48.8K | ﹤0.01% |
13,177
-23,116
| -64% | -$118K |
|
11758
NexGel
NXGL
$3.41M
| $48.7K | ﹤0.01% |
30,245
-13,381
| -31% | -$27.6K |
|
11759
PUT
E.W. Scripps
SSP
$296M
| $48.7K | ﹤0.01% |
+12,200
| New | +$41K |
|
11760
BioCardia
BCDA
$17.7M
| $48.5K | ﹤0.01% |
38,809
+1
| +0% | +$1 |
|
|
ZNB
11761
Zeta Network Group
ZNB
$1.71M
| $48.5K | ﹤0.01% |
+105
| New | +$96.9K |
|
11762
Oxbridge Re Holdings
OXBR
$10.3M
| $48.4K | ﹤0.01% |
+36,131
| New | +$53.5K |
|
|
CMU
11763
DELISTED
MFS High Yield Municipal Trust
CMU
| $48.1K | ﹤0.01% |
+13,703
| New | +$47.9K |
|
|
LAWR
11764
Robot Consulting Co
LAWR
| $48.1K | ﹤0.01% |
+12,822
| New | +$42.9K |
|
11765
SenesTech
SNES
$5.97M
| $48.1K | ﹤0.01% |
+22,461
| New | +$70.1K |
|
11766
CALL
Solana Company
HSDT
$147M
| $48K | ﹤0.01% |
+16,600
| New | +$110K |
|
11767
SKYX Platforms
SKYX
$165M
| $47.9K | ﹤0.01% |
22,071
-28,966
| -57% | -$51.7K |
|
|
AMBR
11768
Amber International Holding Ltd
AMBR
$103M
| $47.8K | ﹤0.01% |
27,656
-29,286
| -51% | -$57.8K |
|
11769
Asia Pacific Wire & Cable
APWC
$58.1M
| $47.6K | ﹤0.01% |
25,343
-6,558
| -21% | -$12.2K |
|
11770
ReWalk Robotics
LFWD
$20.9M
| $47.6K | ﹤0.01% |
6,885
-2,854
| -29% | -$22.2K |
|
11771
Snail Inc
SNAL
$26.4M
| $47.3K | ﹤0.01% |
10,644
+4,658
| +78% | +$22.9K |
|
11772
CALL
Ocean Power Technologies
OPTT
$48.3M
| $46.8K | ﹤0.01% |
156,100
-504,100
| -76% | -$227K |
|
11773
PUT
Valens Semiconductor
VLN
$202M
| $46.6K | ﹤0.01% |
+32,800
| New | +$54.1K |
|
11774
Caesarstone
CSTE
$111M
| $46.5K | ﹤0.01% |
25,009
-11,743
| -32% | -$16.5K |
|
11775
PUT
Erasca
ERAS
$6.82B
| $46.5K | ﹤0.01% |
12,500
-3,800
| -23% | -$10.7K |
|
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.