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 | |
|---|---|---|---|---|---|---|
|
AUTL
11851
CALL
Autolus Therapeutics
AUTL
$628M
| $34.4K | ﹤0.01% |
+17,300
| New | +$26.6K |
|
11852
SurgePays
SURG
$4.42M
| $33.6K | ﹤0.01% |
20,135
-48,398
| -71% | -$108K |
|
11853
PUT
Fuel Tech
FTEK
$45.6M
| $33.2K | ﹤0.01% |
+21,300
| New | +$46.9K |
|
11854
Roadzen Inc Warrants
RDZNW
$8.64M
| $33.2K | ﹤0.01% |
122,069
-163,165
| -57% | -$23.3K |
|
|
HYFT
11855
PUT
MindWalk Holdings
HYFT
$66.7M
| $33.1K | ﹤0.01% |
18,200
-76,900
| -81% | -$135K |
|
|
AIFF
11856
Firefly Neuroscience
AIFF
$16.9M
| $33K | ﹤0.01% |
+37,742
| New | +$70.4K |
|
11857
Kopin
KOPN
$896M
| $32.9K | ﹤0.01% |
+14,049
| New | +$40.6K |
|
11858
AEye
LIDR
$55.8M
| $32.5K | ﹤0.01% |
+17,684
| New | +$44.7K |
|
11859
PUT
Zevia
ZVIA
$102M
| $32.5K | ﹤0.01% |
14,000
-2,800
| -17% | -$6.95K |
|
|
WIMI
11860
CALL
WiMi Hologram Cloud
WIMI
$25.2M
| $32.5K | ﹤0.01% |
13,700
-44,300
| -76% | -$150K |
|
|
AIFU
11861
PUT
AIFU Inc
AIFU
$131M
| $32.3K | ﹤0.01% |
605
-310
| -34% | -$23.9K |
|
11862
SCYNEXIS
SCYX
$54.9M
| $32.3K | ﹤0.01% |
+6,377
| New | +$34.7K |
|
11863
PUT
CPS Technologies
CPSH
$76M
| $31.8K | ﹤0.01% |
+10,300
| New | +$36.5K |
|
|
ORIO
11864
Orion Digital Corp
ORIO
$20.5M
| $31.5K | ﹤0.01% |
+29,441
| New | +$41.9K |
|
11865
Aterian
ATER
$7.05M
| $31.3K | ﹤0.01% |
45,052
+4,540
| +11% | +$3.97K |
|
11866
Huadi International Group
HUDI
$12.1M
| $31.2K | ﹤0.01% |
+27,901
| New | +$36.1K |
|
|
HODO
11867
House of Doge
HODO
$22.3M
| $30.9K | ﹤0.01% |
+9,660
| New | +$80.4K |
|
11868
CALL
Cineverse
CNVS
$57.5M
| $30.6K | ﹤0.01% |
14,500
-9,100
| -39% | -$24.6K |
|
11869
Urban One Class A
UONE
$22.2M
| $30.3K | ﹤0.01% |
+2,946
| New | +$36.2K |
|
|
IQST
11870
IQSTEL Inc
IQST
$10.4M
| $30.3K | ﹤0.01% |
+10,411
| New | +$49.6K |
|
|
WBX
11871
Wallbox
WBX
$70.3M
| $30.2K | ﹤0.01% |
+12,907
| New | +$53.4K |
|
11872
BeyondSpring
BYSI
$26.3M
| $30.1K | ﹤0.01% |
+18,495
| New | +$35.5K |
|
11873
Acrivon Therapeutics
ACRV
$92.1M
| $30K | ﹤0.01% |
+12,433
| New | +$27K |
|
11874
Maris-Tech
MTEK
$11.4M
| $29.9K | ﹤0.01% |
+25,749
| New | +$39.2K |
|
|
JUNS
11875
Jupiter Neurosciences
JUNS
$6.5M
| $29.9K | ﹤0.01% |
+390
| New | +$38.9K |
|
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.