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 |
Apple
AAPL
|
+$680M |
| 2 |
Microsoft
MSFT
|
+$506M |
| 3 |
UnitedHealth
UNH
|
+$393M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$381M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.24B |
| 2 |
Tesla
TSLA
|
+$450M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$444M |
| 4 |
TSMC
TSM
|
+$432M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
12051
PUT
Maravai LifeSciences
MRVI
$1.33B
| $60.3K | ﹤0.01% |
25,000
-110,500
| -82% | -$232K |
|
12052
CALL
Information Services Group
III
$240M
| $60K | ﹤0.01% |
+12,500
| New | +$53.8K |
|
|
HERZ
12053
Herzfeld Credit Income Fund
HERZ
$31.8M
| $59.7K | ﹤0.01% |
+2,347
| New | +$58.6K |
|
12054
CALL
Evolution Petroleum
EPM
$123M
| $59.7K | ﹤0.01% |
12,700
-24,600
| -66% | -$112K |
|
|
SOND
12055
CALL
DELISTED
Sonder
SOND
| $59.7K | ﹤0.01% |
+22,100
| New | +$44.8K |
|
12056
PUT
Gran Tierra Energy
GTE
$357M
| $59.6K | ﹤0.01% |
12,500
-19,800
| -61% | -$93.8K |
|
12057
Stabilis Solutions
SLNG
$108M
| $59.6K | ﹤0.01% |
12,549
-18
| -0.1% | -$93 |
|
12058
Valaris Ltd Warrants
VAL.WS
$822M
| $59.3K | ﹤0.01% |
15,361
-15,994
| -51% | -$63.8K |
|
12059
PUT
Chegg
CHGG
$87.7M
| $59.3K | ﹤0.01% |
49,000
+11,000
| +29% | +$10.2K |
|
12060
CALL
Celularity
CELU
$25.5M
| $59.2K | ﹤0.01% |
30,200
-25,800
| -46% | -$46.9K |
|
12061
PUT
TTEC Holdings
TTEC
$67.5M
| $59.2K | ﹤0.01% |
+12,300
| New | +$56.4K |
|
12062
PUT
Arbutus Biopharma
ABUS
$1.03B
| $58.7K | ﹤0.01% |
19,000
-122,400
| -87% | -$406K |
|
|
VTYX
12063
CALL
DELISTED
Ventyx Biosciences
VTYX
| $58.6K | ﹤0.01% |
+27,400
| New | +$44.3K |
|
|
SOHO
12064
DELISTED
Sotherly Hotels
SOHO
| $58.6K | ﹤0.01% |
61,469
+17,098
| +39% | +$13.5K |
|
12065
Ocean Power Technologies
OPTT
$49M
| $58.1K | ﹤0.01% |
122,291
-517,464
| -81% | -$245K |
|
|
ENFY
12066
DELISTED
Enlightify Inc
ENFY
| $57.9K | ﹤0.01% |
52,683
+24,659
| +88% | +$25.8K |
|
12067
Ispire Technology
ISPR
$84.4M
| $57.8K | ﹤0.01% |
22,571
-588
| -3% | -$1.63K |
|
12068
Invesco Senior Income Trust
VVR
$453M
| $57.7K | ﹤0.01% |
15,182
-9,407
| -38% | -$34.1K |
|
|
SOGP
12069
Sound Group
SOGP
$56.2M
| $57.7K | ﹤0.01% |
+12,144
| New | +$23.6K |
|
12070
PUT
Pliant Therapeutics
PLRX
$71.8M
| $57.7K | ﹤0.01% |
+49,700
| New | +$70.2K |
|
12071
PUT
SELLAS Life Sciences
SLS
$2.77B
| $57.6K | ﹤0.01% |
+26,300
| New | +$40.4K |
|
12072
PUT
T-Rex 2X Inverse Tesla Daily Target ETF
TSLZ
$28.8M
| $57.3K | ﹤0.01% |
1,735
-210
| -11% | -$9.97K |
|
|
FORA
12073
DELISTED
Forian
FORA
| $56.6K | ﹤0.01% |
28,887
-8,672
| -23% | -$17.5K |
|
|
RJET
12074
PUT
Republic Airways Holdings
RJET
$869M
| $56.5K | ﹤0.01% |
+4,047
| New | +$61.4K |
|
12075
CALL
Savara
SVRA
$1.15B
| $56.3K | ﹤0.01% |
24,700
+8,400
| +52% | +$22.8K |
|
Similar funds
Jeff Yass's Q2 2025 Portfolio in Review
As of Q2 2025, Jeff Yass held 14,080 positions worth $720B, up 23% from $586B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- Jeff Yass's largest Q2 2025 buy was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
- Jeff Yass added most to Apple in Q2 2025, an estimated $680M increase.
- Jeff Yass's biggest Q2 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.24B.
- Jeff Yass fully exited Vanguard Intermediate-Term Bond ETF in Q2 2025, selling an estimated $61.8M.
- Jeff Yass's ten largest holdings make up 26% of its $720B portfolio in Q2 2025.
- Jeff Yass opened 1,720 new positions and closed 1,538 in Q2 2025.
- Jeff Yass's portfolio value rose 23% quarter-over-quarter to $720B.
Based on Susquehanna International Group's 13F filing for Q2 2025, filed 14 Aug 2025.