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 | |
|---|---|---|---|---|---|---|
|
SYBX
12026
DELISTED
Synlogic
SYBX
| $13K | ﹤0.01% |
+11,623
| New | +$17.4K |
|
12027
Celularity
CELU
$25.5M
| $13K | ﹤0.01% |
11,727
-14,683
| -56% | -$26.3K |
|
|
SBCWW
12028
SBC Medical Group Warrants
SBCWW
$3.62M
| $13K | ﹤0.01% |
+64,056
| New | +$11K |
|
12029
Greenland Technologies Holding
GTEC
$23.1M
| $13K | ﹤0.01% |
+21,195
| New | +$23.4K |
|
12030
PLAYSTUDIOS Inc
MYPS
$59.8M
| $12.8K | ﹤0.01% |
19,722
-11,092
| -36% | -$8.64K |
|
12031
PUT
Agilon Health
AGL
$1.61B
| $12.8K | ﹤0.01% |
744
-1,212
| -62% | -$23.5K |
|
12032
MoneyHero
MNY
$37.9M
| $12.7K | ﹤0.01% |
10,085
-880
| -8% | -$1.15K |
|
12033
CALL
Biomea Fusion
BMEA
$124M
| $12.6K | ﹤0.01% |
10,200
-30,600
| -75% | -$42.9K |
|
|
WCT
12034
Wellchange Holdings
WCT
$3.91M
| $12.4K | ﹤0.01% |
+1,552
| New | +$20.5K |
|
12035
Matinas BioPharma
MTNB
$2.89M
| $12.4K | ﹤0.01% |
+21,113
| New | +$24.9K |
|
|
NUAIW
12036
New Era Energy & Digital Inc Warrants
NUAIW
$14.8M
| $12.3K | ﹤0.01% |
+15,022
| New | +$18.6K |
|
|
ZDAI
12037
DirectBooking Technology Co
ZDAI
$14M
| $12.1K | ﹤0.01% |
+3,711
| New | +$25.1K |
|
|
GWH.WS
12038
DELISTED
ESS Tech Inc Warrant
GWH.WS
| $12.1K | ﹤0.01% |
237,247
+148,709
| +168% | +$13.4K |
|
|
JF
12039
J and Friends Holdings
JF
$17.3M
| $12.1K | ﹤0.01% |
13,319
-39,760
| -75% | -$38.2K |
|
12040
PUT
BuzzFeed
BZFD
$90M
| $11.8K | ﹤0.01% |
12,700
-14,300
| -53% | -$18.1K |
|
12041
Addentax Group
ATXG
$4.48M
| $11.8K | ﹤0.01% |
2,008
+945
| +89% | +$8.51K |
|
12042
PUT
InflaRx
IFRX
$357M
| $11.6K | ﹤0.01% |
+11,500
| New | +$14.3K |
|
|
CAPT
12043
PUT
DELISTED
Captivision
CAPT
| $11.5K | ﹤0.01% |
33,800
+22,400
| +196% | +$15.9K |
|
|
TRIB
12044
Trinity Biotech
TRIB
$7.8M
| $11.3K | ﹤0.01% |
+475
| New | +$14K |
|
12045
Reading International Class A
RDI
$44.4M
| $11.3K | ﹤0.01% |
10,724
-39,997
| -79% | -$51.6K |
|
12046
CALL
Nerdy
NRDY
$88.3M
| $11.2K | ﹤0.01% |
720
-507
| -41% | -$8.57K |
|
12047
AtlasClear
ATCH
$29.8M
| $11.1K | ﹤0.01% |
+44,140
| New | +$15K |
|
12048
AquaBounty Technologies
AQB
$6.64M
| $11.1K | ﹤0.01% |
11,908
| – | – |
|
|
OPENL
12049
Opendoor Technologies Inc Series A Warrants
OPENL
$4.17M
| $10.9K | ﹤0.01% |
+21,031
| New | +$18K |
|
12050
CALL
Immunic
IMUX
$225M
| $10.9K | ﹤0.01% |
2,060
-1,620
| -44% | -$11.9K |
|
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 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.