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 | |
|---|---|---|---|---|---|---|
1351
CALL
APA Corp
APA
$14.5B
| $39.2M | 0.01% |
2,144,800
+84,700
| +4% | +$1.47M |
|
1352
PUT
iShares Biotechnology ETF
IBB
$10.9B
| $39.2M | 0.01% |
309,800
-512,200
| -62% | -$62.9M |
|
1353
CALL
UBS Group
UBS
$166B
| $39.2M | 0.01% |
1,158,700
+928,500
| +403% | +$28.7M |
|
1354
Capital Group International Focus Equity ETF
CGXU
$6.69B
| $39.2M | 0.01% |
+1,444,232
| New | +$36.7M |
|
1355
CALL
Papa John's
PZZA
$794M
| $39.2M | 0.01% |
800,600
+189,100
| +31% | +$7.72M |
|
1356
PUT
HEICO Corp
HEI
$49.1B
| $39M | 0.01% |
119,000
+68,300
| +135% | +$18.9M |
|
1357
PUT
Samsara
IOT
$22.8B
| $39M | 0.01% |
980,500
+384,800
| +65% | +$15.9M |
|
1358
PUT
Rockwell Automation
ROK
$47.7B
| $39M | 0.01% |
117,400
+50,600
| +76% | +$14.4M |
|
1359
CALL
YPF Sociedad Anonima ADS
YPF
$19.6B
| $39M | 0.01% |
1,239,800
+319,800
| +35% | +$10.7M |
|
1360
CALL
Trip.com Group
TCOM
$29B
| $39M | 0.01% |
664,500
+268,000
| +68% | +$16.1M |
|
1361
CALL
Ares Capital
ARCC
$14.3B
| $39M | 0.01% |
1,774,100
-169,800
| -9% | -$3.61M |
|
1362
Domino's
DPZ
$11.6B
| $38.9M | 0.01% |
86,426
+30,436
| +54% | +$14.3M |
|
1363
CALL
Mettler-Toledo International
MTD
$28.1B
| $38.9M | 0.01% |
33,100
-1,200
| -3% | -$1.34M |
|
1364
PUT
Crocs
CROX
$5.89B
| $38.9M | 0.01% |
383,900
-72,700
| -16% | -$7.41M |
|
1365
PUT
Sempra
SRE
$54.9B
| $38.9M | 0.01% |
512,900
-152,200
| -23% | -$11.3M |
|
1366
PUT
Edison International
EIX
$28.8B
| $38.8M | 0.01% |
752,200
+163,600
| +28% | +$8.97M |
|
1367
PUT
Cboe Global Markets
CBOE
$32.3B
| $38.8M | 0.01% |
166,400
+36,900
| +28% | +$8.21M |
|
1368
CALL
XPeng
XPEV
$11.1B
| $38.7M | 0.01% |
2,165,800
-3,563,200
| -62% | -$69.6M |
|
1369
CALL
AngloGold Ashanti
AU
$62.4B
| $38.6M | 0.01% |
847,300
+442,800
| +109% | +$19.1M |
|
1370
Zillow
ZG
$8.34B
| $38.6M | 0.01% |
563,179
-135,385
| -19% | -$8.97M |
|
1371
CALL
abrdn Physical Gold Shares ETF
SGOL
$7.8B
| $38.6M | 0.01% |
1,222,600
+167,800
| +16% | +$5.26M |
|
1372
PUT
Agilent Technologies
A
$43.7B
| $38.5M | 0.01% |
325,900
+176,700
| +118% | +$19.6M |
|
1373
PUT
BHP
BHP
$251B
| $38.4M | 0.01% |
799,400
-110,000
| -12% | -$5.29M |
|
1374
CALL
Edwards Lifesciences
EW
$52.4B
| $38.4M | 0.01% |
491,400
-34,900
| -7% | -$2.6M |
|
1375
CALL
Bilibili
BILI
$6.93B
| $38.2M | 0.01% |
1,782,900
-1,496,800
| -46% | -$27.6M |
|
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.