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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Microsoft
MSFT
$3.59T
| $1.36B | 0.16% |
2,623,426
+216,352
| +9% | +$110M |
|
102
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.36B | 0.16% |
2,929,300
+828,300
| +39% | +$373M |
|
103
PUT
Spotify
SPOT
$110B
| $1.36B | 0.15% |
1,941,300
+282,600
| +17% | +$198M |
|
104
PUT
Pinduoduo
PDD
$126B
| $1.35B | 0.15% |
10,181,500
-1,502,900
| -13% | -$178M |
|
105
CALL
Palo Alto Networks
PANW
$292B
| $1.3B | 0.15% |
6,377,500
+1,615,100
| +34% | +$309M |
|
106
Invesco QQQ Trust
QQQ
$486B
| $1.29B | 0.15% |
2,141,875
-681,565
| -24% | -$390M |
|
107
CALL
Baidu
BIDU
$31.6B
| $1.29B | 0.15% |
9,755,800
+5,072,600
| +108% | +$502M |
|
108
PUT
Citigroup
C
$221B
| $1.27B | 0.15% |
12,514,100
-1,273,000
| -9% | -$121M |
|
|
109
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.26B | 0.14% |
5,178,419
+2,283,397
| +79% | +$478M |
|
110
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $1.24B | 0.14% |
23,888,200
-3,864,200
| -14% | -$176M |
|
111
PUT
GE Vernova
GEV
$255B
| $1.23B | 0.14% |
2,005,200
+569,200
| +40% | +$345M |
|
112
PUT
Salesforce
CRM
$171B
| $1.22B | 0.14% |
5,165,400
+1,193,300
| +30% | +$301M |
|
|
113
CALL
Citigroup
C
$221B
| $1.22B | 0.14% |
12,029,100
+623,800
| +5% | +$59.2M |
|
114
CALL
Reddit
RDDT
$29.5B
| $1.22B | 0.14% |
5,303,000
+629,100
| +13% | +$128M |
|
115
CALL
IBM
IBM
$222B
| $1.21B | 0.14% |
4,280,400
+1,274,700
| +42% | +$334M |
|
116
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $1.2B | 0.14% |
15,753,100
+3,366,900
| +27% | +$203M |
|
|
117
CALL
Spotify
SPOT
$110B
| $1.18B | 0.14% |
1,695,700
+474,700
| +39% | +$332M |
|
|
CRWV
118
PUT
CoreWeave
CRWV
$48.5B
| $1.18B | 0.13% |
8,611,300
+2,661,500
| +45% | +$315M |
|
119
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $1.16B | 0.13% |
14,841,300
+12,555,100
| +549% | +$1.01B |
|
120
CALL
AbbVie
ABBV
$468B
| $1.15B | 0.13% |
4,960,600
-334,100
| -6% | -$68M |
|
|
121
PUT
Palo Alto Networks
PANW
$292B
| $1.14B | 0.13% |
5,587,300
+1,267,600
| +29% | +$243M |
|
122
Apple
AAPL
$4.51T
| $1.14B | 0.13% |
4,463,087
-499,974
| -10% | -$113M |
|
123
CALL
Marvell Technology
MRVL
$213B
| $1.13B | 0.13% |
13,409,400
+6,540,100
| +95% | +$481M |
|
124
CALL
DoorDash
DASH
$96.8B
| $1.12B | 0.13% |
4,121,600
-324,000
| -7% | -$81.3M |
|
125
CALL
Snowflake
SNOW
$115B
| $1.09B | 0.12% |
4,839,300
+731,600
| +18% | +$157M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.