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 | |
|---|---|---|---|---|---|---|
1276
PUT
WIX.com
WIX
$3.53B
| $42.8M | 0.01% |
270,300
-34,200
| -11% | -$5.51M |
|
|
GRAL
1277
CALL
GRAIL Inc
GRAL
$3.68B
| $42.8M | 0.01% |
832,700
+622,600
| +296% | +$22.5M |
|
1278
PUT
NetEase
NTES
$82.3B
| $42.7M | 0.01% |
317,500
+61,300
| +24% | +$7.05M |
|
1279
Charter Communications
CHTR
$18.5B
| $42.7M | 0.01% |
104,515
-51,844
| -33% | -$19.8M |
|
1280
PUT
WEC Energy
WEC
$34.8B
| $42.7M | 0.01% |
409,400
+392,000
| +2,253% | +$41.7M |
|
1281
Synopsys
SNPS
$77.5B
| $42.7M | 0.01% |
83,196
+29,805
| +56% | +$13.9M |
|
1282
CALL
Cleveland-Cliffs
CLF
$6.5B
| $42.6M | 0.01% |
5,607,900
-807,600
| -13% | -$6M |
|
1283
PUT
Enterprise Products Partners
EPD
$82.4B
| $42.5M | 0.01% |
1,371,700
+243,400
| +22% | +$7.58M |
|
1284
PUT
iShares National Muni Bond ETF
MUB
$45.6B
| $42.5M | 0.01% |
406,700
+247,900
| +156% | +$25.8M |
|
1285
CALL
Maplebear
CART
$12B
| $42.3M | 0.01% |
935,900
+365,700
| +64% | +$15.9M |
|
|
EXE
1286
Expand Energy Corp
EXE
$22B
| $42.3M | 0.01% |
362,027
+299,932
| +483% | +$33.5M |
|
1287
CALL
Lemonade
LMND
$4.13B
| $42.3M | 0.01% |
965,100
-205,000
| -18% | -$6.83M |
|
1288
CALL
Shake Shack
SHAK
$3.04B
| $42.2M | 0.01% |
300,400
+128,300
| +75% | +$14M |
|
1289
ON Semiconductor
ON
$28B
| $42.1M | 0.01% |
803,807
-135,771
| -14% | -$5.9M |
|
1290
CALL
Kinross Gold
KGC
$39.3B
| $42M | 0.01% |
2,690,200
+1,858,700
| +224% | +$27.1M |
|
1291
CALL
MGM Resorts International
MGM
$10.9B
| $42M | 0.01% |
1,221,000
+113,000
| +10% | +$3.58M |
|
1292
CALL
Grayscale Bitcoin Trust
GBTC
$11.9B
| $42M | 0.01% |
494,800
+130,800
| +36% | +$10.2M |
|
1293
PUT
BioNTech
BNTX
$29.1B
| $42M | 0.01% |
394,100
+129,800
| +49% | +$13.1M |
|
1294
PUT
Ross Stores
ROST
$77B
| $41.9M | 0.01% |
328,600
+53,200
| +19% | +$7.38M |
|
1295
Sprouts Farmers Market
SFM
$7.93B
| $41.9M | 0.01% |
254,206
+126,914
| +100% | +$20.7M |
|
1296
CALL
STMicroelectronics
STM
$44.2B
| $41.8M | 0.01% |
1,373,500
+790,600
| +136% | +$19.6M |
|
1297
PUT
Direxion Daily FTSE China Bull 3X ETF
YINN
$673M
| $41.7M | 0.01% |
1,018,300
-398,600
| -28% | -$14.3M |
|
1298
Blackstone
BX
$107B
| $41.7M | 0.01% |
278,625
+184,057
| +195% | +$25.3M |
|
1299
CALL
CSX Corp
CSX
$95.5B
| $41.6M | 0.01% |
1,276,200
+1,061,000
| +493% | +$31.9M |
|
1300
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $41.6M | 0.01% |
379,800
-3,578,400
| -90% | -$384M |
|
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.