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 | |
|---|---|---|---|---|---|---|
|
1401
Berkshire Hathaway Class A
BRK.A
$1.08T
| $37.2M | 0.01% |
51
-2
| -4% | -$1.52M |
|
1402
CALL
Shift4
FOUR
$3.79B
| $37.1M | 0.01% |
374,100
+186,300
| +99% | +$16.2M |
|
1403
Ross Stores
ROST
$77.4B
| $37M | 0.01% |
290,325
+247,419
| +577% | +$34.3M |
|
1404
PUT
MGM Resorts International
MGM
$10.9B
| $37M | 0.01% |
1,076,100
-205,200
| -16% | -$6.51M |
|
1405
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$699M
| $37M | 0.01% |
465,800
+157,900
| +51% | +$11.3M |
|
1406
CALL
Markel Group
MKL
$22.4B
| $37M | 0.01% |
18,500
-1,800
| -9% | -$3.38M |
|
1407
C3.ai
AI
$1.52B
| $36.9M | 0.01% |
1,501,094
+364,196
| +32% | +$8.33M |
|
1408
PUT
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.7B
| $36.9M | 0.01% |
392,300
+328,400
| +514% | +$28.3M |
|
1409
CALL
GE HealthCare
GEHC
$33.4B
| $36.9M | 0.01% |
497,600
+183,500
| +58% | +$12.8M |
|
1410
Deere & Co
DE
$170B
| $36.8M | 0.01% |
72,289
+51,432
| +247% | +$25.2M |
|
1411
PUT
AES
AES
$10.5B
| $36.7M | 0.01% |
3,492,500
-775,400
| -18% | -$8.3M |
|
1412
CALL
Dutch Bros
BROS
$7.05B
| $36.7M | 0.01% |
537,100
-156,300
| -23% | -$10.2M |
|
1413
Bloom Energy
BE
$64B
| $36.7M | 0.01% |
1,533,585
+1,170,000
| +322% | +$22.7M |
|
1414
CME Group
CME
$99.7B
| $36.7M | 0.01% |
133,001
+105,110
| +377% | +$28.6M |
|
1415
CALL
iShares National Muni Bond ETF
MUB
$45.6B
| $36.6M | 0.01% |
350,300
+218,000
| +165% | +$22.7M |
|
1416
PUT
Alexandria Real Estate Equities
ARE
$9.1B
| $36.6M | 0.01% |
503,700
+307,100
| +156% | +$22.8M |
|
1417
PUT
Madrigal Pharmaceuticals
MDGL
$11.8B
| $36.5M | 0.01% |
120,700
+26,500
| +28% | +$7.9M |
|
|
CYBR
1418
PUT
DELISTED
CyberArk
CYBR
| $36.5M | 0.01% |
89,600
+34,100
| +61% | +$12.4M |
|
1419
PUT
Tyson Foods
TSN
$20.1B
| $36.5M | 0.01% |
651,700
+135,000
| +26% | +$7.76M |
|
1420
CALL
Western Alliance Bancorporation
WAL
$8.69B
| $36.5M | 0.01% |
467,500
+60,600
| +15% | +$4.35M |
|
|
GLXY
1421
CALL
Galaxy Digital Inc
GLXY
$4.82B
| $36.5M | 0.01% |
+1,664,400
| New | +$33.8M |
|
1422
PUT
Sherwin-Williams
SHW
$85.1B
| $36.4M | 0.01% |
106,100
-79,300
| -43% | -$27.5M |
|
1423
PUT
Ferguson
FERG
$45B
| $36.4M | 0.01% |
167,000
+68,800
| +70% | +$12.7M |
|
1424
CALL
Hertz
HTZ
$795M
| $36.3M | 0.01% |
5,315,900
+2,817,000
| +113% | +$17.6M |
|
1425
PUT
Equifax
EFX
$22.5B
| $36.1M | 0.01% |
139,300
-11,800
| -8% | -$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.