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 | |
|---|---|---|---|---|---|---|
1376
CALL
Rubrik
RBRK
$19.1B
| $38.2M | 0.01% |
426,600
+136,300
| +47% | +$10.8M |
|
1377
Albemarle
ALB
$15.7B
| $38.2M | 0.01% |
609,641
-17,529
| -3% | -$1.04M |
|
|
INFA
1378
CALL
DELISTED
Informatica
INFA
| $38.1M | 0.01% |
1,563,100
+1,479,200
| +1,763% | +$30.5M |
|
1379
PUT
Toyota
TM
$228B
| $38M | 0.01% |
220,600
-43,400
| -16% | -$7.85M |
|
1380
CALL
First Majestic Silver
AG
$10.5B
| $38M | 0.01% |
4,594,500
+2,206,100
| +92% | +$14.8M |
|
1381
Union Pacific
UNP
$184B
| $38M | 0.01% |
165,016
+66,668
| +68% | +$14.8M |
|
1382
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $38M | 0.01% |
318,800
-579,000
| -64% | -$68.3M |
|
1383
Lennar Class A
LEN
$21.1B
| $37.9M | 0.01% |
343,079
+216,688
| +171% | +$23.5M |
|
|
GAP
1384
PUT
The Gap Inc
GAP
$7.25B
| $37.8M | 0.01% |
1,733,700
+352,700
| +26% | +$7.88M |
|
1385
Microchip Technology
MCHP
$39.9B
| $37.8M | 0.01% |
537,323
-78,512
| -13% | -$4.32M |
|
|
GTLS
1386
PUT
DELISTED
Chart Industries
GTLS
| $37.8M | 0.01% |
229,500
+195,500
| +575% | +$28.7M |
|
1387
iShares Core MSCI Emerging Markets ETF
IEMG
$161B
| $37.7M | 0.01% |
627,431
-559,892
| -47% | -$31.2M |
|
1388
Spotify
SPOT
$114B
| $37.6M | 0.01% |
49,035
+14,279
| +41% | +$9.16M |
|
|
MPT
1389
PUT
Medical Properties Trust
MPT
$2.45B
| $37.6M | 0.01% |
8,719,300
+2,248,800
| +35% | +$11.1M |
|
1390
Chipotle Mexican Grill
CMG
$47.4B
| $37.5M | 0.01% |
668,710
-628,075
| -48% | -$32M |
|
1391
Hims & Hers Health
HIMS
$7.41B
| $37.5M | 0.01% |
752,170
-89,071
| -11% | -$4.03M |
|
1392
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $37.5M | 0.01% |
918,230
+65,372
| +8% | +$2.6M |
|
1393
CRISPR Therapeutics
CRSP
$5.89B
| $37.5M | 0.01% |
769,945
+478,929
| +165% | +$18.5M |
|
1394
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $37.4M | 0.01% |
342,500
-81,300
| -19% | -$8.4M |
|
1395
United Parcel Service
UPS
$89.5B
| $37.4M | 0.01% |
370,780
-359,858
| -49% | -$35.4M |
|
1396
PUT
Labcorp
LH
$27.4B
| $37.4M | 0.01% |
142,300
+111,300
| +359% | +$27.1M |
|
1397
PUT
Everest Group
EG
$14.4B
| $37.3M | 0.01% |
109,800
+22,900
| +26% | +$7.9M |
|
1398
PUT
YPF Sociedad Anonima ADS
YPF
$19.6B
| $37.3M | 0.01% |
1,185,300
-497,200
| -30% | -$16.6M |
|
1399
CALL
Thomson Reuters
TRI
$45.2B
| $37.2M | 0.01% |
182,242
+46,963
| +35% | +$8.94M |
|
1400
PUT
Kimberly-Clark
KMB
$36.9B
| $37.2M | 0.01% |
288,400
-19,500
| -6% | -$2.64M |
|
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.