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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
Marvell Technology
MRVL
$213B
| $1.09B | 0.12% |
12,967,900
+5,834,900
| +82% | +$429M |
|
127
CALL
Visa
V
$693B
| $1.08B | 0.12% |
3,171,800
+129,700
| +4% | +$44.9M |
|
|
CRCL
128
PUT
Circle Internet Group
CRCL
$22.3B
| $1.07B | 0.12% |
8,033,700
+3,350,700
| +72% | +$530M |
|
129
CALL
GE Vernova
GEV
$255B
| $1.04B | 0.12% |
1,684,500
+155,700
| +10% | +$94.3M |
|
130
CALL
ExxonMobil
XOM
$679B
| $1.04B | 0.12% |
9,182,600
+484,900
| +6% | +$53.9M |
|
131
PUT
Nike
NKE
$60.5B
| $1.03B | 0.12% |
14,738,000
-2,316,800
| -14% | -$173M |
|
132
PUT
Home Depot
HD
$335B
| $1.02B | 0.12% |
2,526,500
+108,600
| +4% | +$42.7M |
|
|
133
Meta Platforms (Facebook)
META
$1.4T
| $1.01B | 0.12% |
1,375,121
+868,498
| +171% | +$646M |
|
134
CALL
Mercado Libre
MELI
$97.5B
| $986M | 0.11% |
421,800
+79,900
| +23% | +$192M |
|
135
PUT
Uber
UBER
$161B
| $978M | 0.11% |
9,980,100
-934,000
| -9% | -$87.3M |
|
|
136
PUT
lululemon athletica
LULU
$13.7B
| $974M | 0.11% |
5,475,600
+1,349,100
| +33% | +$270M |
|
137
PUT
Arm
ARM
$260B
| $970M | 0.11% |
6,854,800
+1,538,800
| +29% | +$224M |
|
|
138
CALL
Home Depot
HD
$335B
| $968M | 0.11% |
2,388,400
-6,600
| -0.3% | -$2.6M |
|
139
PUT
ServiceNow
NOW
$133B
| $964M | 0.11% |
5,240,000
-592,500
| -10% | -$111M |
|
140
CALL
Chevron
CVX
$403B
| $964M | 0.11% |
6,210,300
+723,100
| +13% | +$112M |
|
141
CALL
Super Micro Computer
SMCI
$24.1B
| $963M | 0.11% |
20,083,800
+3,375,500
| +20% | +$161M |
|
142
CALL
Walmart Inc
WMT
$825B
| $955M | 0.11% |
9,266,600
+859,500
| +10% | +$85.6M |
|
143
CALL
Newmont
NEM
$139B
| $945M | 0.11% |
11,208,400
-234,600
| -2% | -$16.4M |
|
144
iShares Russell 2000 ETF
IWM
$81.9B
| $937M | 0.11% |
3,870,656
-859,855
| -18% | -$197M |
|
145
CALL
iShares Core S&P 500 ETF
IVV
$893B
| $934M | 0.11% |
1,395,500
-76,000
| -5% | -$48.9M |
|
|
146
CALL
Nike
NKE
$60.5B
| $931M | 0.11% |
13,350,400
-1,431,200
| -10% | -$107M |
|
147
PUT
iShares Silver Trust
SLV
$33.8B
| $918M | 0.1% |
21,660,700
+5,410,200
| +33% | +$194M |
|
|
148
PUT
Visa
V
$693B
| $907M | 0.1% |
2,655,500
-449,700
| -14% | -$156M |
|
149
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $904M | 0.1% |
16,776,800
-3,855,300
| -19% | -$204M |
|
150
CALL
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $883M | 0.1% |
21,025,400
+6,343,200
| +43% | +$238M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.