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 | |
|---|---|---|---|---|---|---|
1201
PUT
Westlake Corp
WLK
$9.63B
| $48.2M | 0.01% |
+634,400
| New | +$51.9M |
|
1202
Grab
GRAB
$14.4B
| $47.9M | 0.01% |
9,528,412
+553,679
| +6% | +$2.58M |
|
1203
CALL
Lumentum
LITE
$76.4B
| $47.9M | 0.01% |
503,800
+222,900
| +79% | +$15.8M |
|
1204
PUT
Bloom Energy
BE
$63B
| $47.9M | 0.01% |
2,001,300
+158,300
| +9% | +$3.06M |
|
1205
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.47B
| $47.8M | 0.01% |
643,400
-5,400
| -0.8% | -$376K |
|
1206
ServiceNow
NOW
$131B
| $47.8M | 0.01% |
232,375
+1,785
| +0.8% | +$337K |
|
1207
PUT
Air Products & Chemicals
APD
$67.9B
| $47.8M | 0.01% |
169,300
+85,400
| +102% | +$23.4M |
|
1208
EQT Corp
EQT
$33.2B
| $47.7M | 0.01% |
817,631
-96,850
| -11% | -$5.23M |
|
1209
CALL
Viking Therapeutics
VKTX
$3.9B
| $47.6M | 0.01% |
1,795,000
+305,600
| +21% | +$8.04M |
|
1210
CALL
Parker-Hannifin
PH
$129B
| $47.6M | 0.01% |
68,100
-15,500
| -19% | -$9.79M |
|
1211
PUT
Shake Shack
SHAK
$3.04B
| $47.4M | 0.01% |
337,000
+185,600
| +123% | +$20.2M |
|
|
JNPR
1212
PUT
DELISTED
Juniper Networks
JNPR
| $47.1M | 0.01% |
1,180,100
+326,000
| +38% | +$11.7M |
|
1213
CALL
Fidelity National Information Services
FIS
$20.9B
| $47.1M | 0.01% |
578,800
+139,800
| +32% | +$10.9M |
|
1214
Oscar Health
OSCR
$9.93B
| $47M | 0.01% |
2,193,985
+1,398,617
| +176% | +$20.8M |
|
1215
PUT
Twilio
TWLO
$34.4B
| $47M | 0.01% |
378,000
-415,900
| -52% | -$44.2M |
|
1216
Affirm
AFRM
$25.9B
| $47M | 0.01% |
679,359
-320,572
| -32% | -$16.6M |
|
|
MSTX
1217
PUT
Defiance Daily Target 2x Long MSTR ETF
MSTX
$235M
| $46.9M | 0.01% |
116,220
+45,130
| +63% | +$16M |
|
1218
PUT
Tenet Healthcare
THC
$22.3B
| $46.9M | 0.01% |
266,400
+44,200
| +20% | +$6.65M |
|
1219
PUT
ResMed
RMD
$33.4B
| $46.7M | 0.01% |
181,100
-6,700
| -4% | -$1.6M |
|
1220
Schwab International Equity ETF
SCHF
$69.8B
| $46.6M | 0.01% |
2,110,524
-5,340,313
| -72% | -$111M |
|
1221
Core Scientific
CORZ
$5.72B
| $46.6M | 0.01% |
2,731,422
+1,109,108
| +68% | +$11.1M |
|
1222
CALL
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.4B
| $46.6M | 0.01% |
855,800
+684,700
| +400% | +$35.3M |
|
1223
Direxion Daily FTSE China Bull 3X ETF
YINN
$663M
| $46.4M | 0.01% |
1,133,412
+242,782
| +27% | +$8.7M |
|
1224
CALL
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.18B
| $46.3M | 0.01% |
835,300
+528,500
| +172% | +$26.1M |
|
1225
PUT
Casey's General Stores
CASY
$31.5B
| $46.2M | 0.01% |
90,600
+78,100
| +625% | +$36M |
|
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.