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 | |
|---|---|---|---|---|---|---|
11776
BioAtla
BCAB
$5.23M
| $46.4K | ﹤0.01% |
1,634
-3,418
| -68% | -$134K |
|
|
ZH
11777
CALL
Zhihu
ZH
$261M
| $46.2K | ﹤0.01% |
14,100
-13,400
| -49% | -$53.7K |
|
11778
PUT
Ironwood Pharmaceuticals
IRWD
$701M
| $46.2K | ﹤0.01% |
+13,700
| New | +$35.6K |
|
|
AIRJ
11779
PUT
Montana Technologies Corp
AIRJ
$351M
| $46.1K | ﹤0.01% |
+11,700
| New | +$50.6K |
|
|
EWCZ
11780
DELISTED
European Wax Center
EWCZ
| $45.9K | ﹤0.01% |
+12,758
| New | +$47.7K |
|
11781
Austin Gold Corp
AUST
$17.1M
| $45.8K | ﹤0.01% |
+30,978
| New | +$58.2K |
|
11782
CALL
Smart Sand
SND
$214M
| $45.6K | ﹤0.01% |
11,400
-15,700
| -58% | -$44.4K |
|
11783
Pyxis Tankers
PXS
$55.3M
| $45.6K | ﹤0.01% |
+16,254
| New | +$46.2K |
|
11784
Lifetime Brands
LCUT
$212M
| $45.5K | ﹤0.01% |
+11,530
| New | +$42.4K |
|
11785
Ideal Power
IPWR
$81.5M
| $45.3K | ﹤0.01% |
14,669
-11,638
| -44% | -$51.3K |
|
11786
PUT
Gain Therapeutics
GANX
$80.7M
| $45.1K | ﹤0.01% |
+14,000
| New | +$37.4K |
|
|
TE.WS
11787
DELISTED
T1 Energy Inc Warrants
TE.WS
| $44.8K | ﹤0.01% |
+38,268
| New | +$19.7K |
|
|
STKE
11788
Sol Strategies Inc
STKE
$52.9M
| $44.8K | ﹤0.01% |
+29,250
| New | +$84.6K |
|
|
AGEN
11789
PUT
Agenus
AGEN
$352M
| $44.6K | ﹤0.01% |
14,200
-17,700
| -55% | -$70.5K |
|
11790
Inhibikase Therapeutics
IKT
$345M
| $44.1K | ﹤0.01% |
21,532
-24,073
| -53% | -$38.3K |
|
11791
KLX Energy Services
KLXE
$32.1M
| $44.1K | ﹤0.01% |
23,318
+10,530
| +82% | +$18.4K |
|
11792
FingerMotion
FNGR
$10.6M
| $44K | ﹤0.01% |
+35,736
| New | +$53.1K |
|
|
NEWP
11793
CALL
New Pacific Metals
NEWP
$1.37B
| $43.9K | ﹤0.01% |
+12,500
| New | +$34.2K |
|
11794
TELA Bio
TELA
$29.2M
| $43.9K | ﹤0.01% |
37,174
-48,589
| -57% | -$61.5K |
|
|
NOTV
11795
DELISTED
Inotiv
NOTV
| $43.8K | ﹤0.01% |
+77,906
| New | +$81.4K |
|
11796
Harte-Hanks
HHS
$32.3M
| $43.8K | ﹤0.01% |
14,537
-4,602
| -24% | -$15K |
|
11797
IGC Pharma
IGC
$34.5M
| $43.6K | ﹤0.01% |
154,959
+140,997
| +1,010% | +$50.3K |
|
11798
PUT
Vista Gold
VGZ
$343M
| $43.5K | ﹤0.01% |
+22,100
| New | +$42.6K |
|
11799
PUT
Rocket Pharmaceuticals
RCKT
$397M
| $43.5K | ﹤0.01% |
12,400
-267,500
| -96% | -$916K |
|
|
GAU
11800
CALL
Galiano Gold
GAU
$630M
| $43.5K | ﹤0.01% |
17,200
-26,300
| -60% | -$65K |
|
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.