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 | |
|---|---|---|---|---|---|---|
1301
Altria Group
MO
$113B
| $41.6M | 0.01% |
709,223
+525,957
| +287% | +$30.9M |
|
1302
PUT
Becton Dickinson
BDX
$51.7B
| $41.4M | 0.01% |
240,500
+117,100
| +95% | +$21.5M |
|
1303
PUT
Iron Mountain
IRM
$36.3B
| $41.4M | 0.01% |
403,600
+210,000
| +108% | +$19.8M |
|
|
HES
1304
DELISTED
Hess
HES
| $41.4M | 0.01% |
298,769
+224,636
| +303% | +$30.3M |
|
1305
CALL
PPG Industries
PPG
$25.1B
| $41.4M | 0.01% |
363,800
-150,700
| -29% | -$16.3M |
|
1306
Datadog
DDOG
$80.1B
| $41.4M | 0.01% |
307,920
+40,982
| +15% | +$4.54M |
|
1307
CALL
Raymond James Financial
RJF
$33.6B
| $41.3M | 0.01% |
269,600
-15,700
| -6% | -$2.25M |
|
1308
CALL
Leidos
LDOS
$17B
| $41.3M | 0.01% |
261,700
+46,200
| +21% | +$6.83M |
|
1309
PUT
Bath & Body Works
BBWI
$3.58B
| $41.2M | 0.01% |
1,375,800
+701,700
| +104% | +$20.5M |
|
1310
Teva Pharmaceuticals
TEVA
$44B
| $41.2M | 0.01% |
2,457,134
-1,172,528
| -32% | -$18.9M |
|
1311
CALL
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $40.9M | 0.01% |
307,100
-3,400
| -1% | -$431K |
|
1312
CALL
Applied Digital
APLD
$8.15B
| $40.9M | 0.01% |
4,065,100
+1,664,700
| +69% | +$12.3M |
|
1313
PUT
Powell Industries
POWL
$6.92B
| $40.9M | 0.01% |
582,900
-3,600
| -0.6% | -$217K |
|
1314
PUT
American Electric Power
AEP
$66.9B
| $40.9M | 0.01% |
393,900
+67,100
| +21% | +$6.98M |
|
1315
PUT
Cognizant
CTSH
$28.4B
| $40.7M | 0.01% |
521,500
-158,000
| -23% | -$12.1M |
|
1316
CALL
Match Group
MTCH
$9.73B
| $40.6M | 0.01% |
1,314,800
-1,250,100
| -49% | -$37.4M |
|
1317
CALL
Emcor
EME
$32.6B
| $40.6M | 0.01% |
75,900
+1,600
| +2% | +$706K |
|
1318
PUT
Ralph Lauren
RL
$21.8B
| $40.6M | 0.01% |
148,000
+73,800
| +99% | +$18.3M |
|
1319
PUT
Consolidated Edison
ED
$39.8B
| $40.6M | 0.01% |
404,500
+373,200
| +1,192% | +$39.5M |
|
1320
CALL
T. Rowe Price
TROW
$24.1B
| $40.5M | 0.01% |
419,800
+122,500
| +41% | +$11.2M |
|
|
ECHO
1321
PUT
EchoStar
ECHO
$25.2B
| $40.5M | 0.01% |
1,462,400
+888,300
| +155% | +$19.5M |
|
1322
PUT
2x Long VIX Futures ETF
UVIX
$222M
| $40.4M | 0.01% |
89,915
+58,765
| +189% | +$45.1M |
|
|
HUT
1323
PUT
Hut 8
HUT
$10.4B
| $40.3M | 0.01% |
2,169,300
+1,462,100
| +207% | +$21.8M |
|
1324
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| $40.3M | 0.01% |
836,040
-3,374,123
| -80% | -$152M |
|
1325
Danaher
DHR
$151B
| $40.2M | 0.01% |
203,688
+79,000
| +63% | +$15.3M |
|
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.