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 | |
|---|---|---|---|---|---|---|
1426
PUT
AngloGold Ashanti
AU
$62.4B
| $36.1M | 0.01% |
791,400
+124,000
| +19% | +$5.34M |
|
1427
PUT
Mobileye
MBLY
$7.38B
| $36M | 0.01% |
2,001,700
-1,397,600
| -41% | -$21.4M |
|
1428
PUT
UBS Group
UBS
$166B
| $36M | 0.01% |
1,063,900
-374,200
| -26% | -$11.6M |
|
1429
PUT
Quantum Computing Inc
QUBT
$1.91B
| $36M | 0.01% |
1,876,700
-387,700
| -17% | -$4.27M |
|
1430
CALL
Yum China
YUMC
$16.6B
| $35.9M | 0.01% |
804,000
+236,200
| +42% | +$10.6M |
|
1431
Elanco Animal Health
ELAN
$12.5B
| $35.9M | 0.01% |
2,515,442
+945,971
| +60% | +$11.1M |
|
1432
PUT
Sprouts Farmers Market
SFM
$8.01B
| $35.9M | 0.01% |
218,000
+81,900
| +60% | +$13.4M |
|
1433
PUT
SolarEdge
SEDG
$1.84B
| $35.8M | 0.01% |
1,756,100
+388,700
| +28% | +$6.43M |
|
1434
PUT
Brinker International
EAT
$10.7B
| $35.8M | 0.01% |
198,400
-54,800
| -22% | -$8.6M |
|
1435
ARK 21Shares Bitcoin ETF
ARKB
$3.01B
| $35.8M | 0.01% |
999,300
+935,040
| +1,455% | +$30.6M |
|
1436
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $35.7M | 0.01% |
967,300
+94,400
| +11% | +$3.65M |
|
|
GAP
1437
CALL
The Gap Inc
GAP
$7.25B
| $35.7M | 0.01% |
1,636,000
+857,900
| +110% | +$19.2M |
|
1438
PUT
J.M. Smucker
SJM
$13.4B
| $35.7M | 0.01% |
363,100
+166,500
| +85% | +$18.3M |
|
1439
American Airlines Group
AAL
$9.23B
| $35.6M | 0.01% |
3,176,610
-4,857,615
| -60% | -$52M |
|
1440
PUT
Oshkosh
OSK
$9.58B
| $35.6M | ﹤0.01% |
313,400
+286,900
| +1,083% | +$27.9M |
|
1441
CALL
Targa Resources
TRGP
$61.5B
| $35.5M | ﹤0.01% |
204,200
-3,300
| -2% | -$554K |
|
|
CFLT
1442
CALL
DELISTED
Confluent
CFLT
| $35.5M | ﹤0.01% |
1,425,600
-246,000
| -15% | -$5.54M |
|
1443
CALL
Williams-Sonoma
WSM
$27.6B
| $35.5M | ﹤0.01% |
217,500
-45,200
| -17% | -$7.1M |
|
1444
Ferguson
FERG
$45B
| $35.5M | ﹤0.01% |
162,954
+34,065
| +26% | +$6.27M |
|
|
K
1445
PUT
DELISTED
Kellanova
K
| $35.5M | ﹤0.01% |
445,900
+272,000
| +156% | +$22.2M |
|
1446
PUT
Coupang
CPNG
$30B
| $35.4M | ﹤0.01% |
1,180,500
+690,000
| +141% | +$17.7M |
|
1447
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $35.3M | ﹤0.01% |
498,900
-63,200
| -11% | -$4.07M |
|
1448
CALL
HCI Group
HCI
$2.31B
| $35.3M | ﹤0.01% |
231,800
+173,400
| +297% | +$26.6M |
|
1449
CSX Corp
CSX
$95.4B
| $35.2M | ﹤0.01% |
1,080,233
+782,744
| +263% | +$23.6M |
|
1450
CALL
BioNTech
BNTX
$28.6B
| $35.2M | ﹤0.01% |
330,700
-6,400
| -2% | -$646K |
|
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.