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 | |
|---|---|---|---|---|---|---|
1501
PUT
Dutch Bros
BROS
$7.05B
| $33.5M | ﹤0.01% |
490,600
+167,400
| +52% | +$10.9M |
|
1502
PUT
Teck Resources
TECK
$35.1B
| $33.5M | ﹤0.01% |
829,700
+210,100
| +34% | +$7.59M |
|
1503
CALL
VeriSign
VRSN
$26.6B
| $33.4M | ﹤0.01% |
115,800
+36,900
| +47% | +$10M |
|
1504
CALL
Sable Offshore Corp
SOC
$904M
| $33.4M | ﹤0.01% |
1,517,300
+431,200
| +40% | +$10M |
|
1505
CALL
Casey's General Stores
CASY
$30.5B
| $33.3M | ﹤0.01% |
65,200
+36,600
| +128% | +$16.9M |
|
1506
PUT
Norfolk Southern
NSC
$78.9B
| $33.2M | ﹤0.01% |
129,700
+69,900
| +117% | +$16.5M |
|
1507
PUT
ProShares UltraPro S&P 500
UPRO
$5.5B
| $33.2M | ﹤0.01% |
362,700
+19,200
| +6% | +$1.43M |
|
1508
PUT
Booz Allen Hamilton
BAH
$8.88B
| $33.1M | ﹤0.01% |
318,000
+180,800
| +132% | +$20.2M |
|
1509
CALL
Advance Auto Parts
AAP
$2.63B
| $33.1M | ﹤0.01% |
712,200
+205,400
| +41% | +$8.23M |
|
1510
TransDigm Group
TDG
$65.9B
| $33.1M | ﹤0.01% |
21,771
+9,384
| +76% | +$13.2M |
|
|
SLNO
1511
CALL
DELISTED
Soleno Therapeutics
SLNO
| $33.1M | ﹤0.01% |
394,900
-526,400
| -57% | -$39.4M |
|
1512
CALL
SL Green Realty
SLG
$4.24B
| $33.1M | ﹤0.01% |
534,400
+178,500
| +50% | +$10.2M |
|
1513
CALL
ResMed
RMD
$34.1B
| $33.1M | ﹤0.01% |
128,200
+79,200
| +162% | +$18.9M |
|
1514
Coeur Mining
CDE
$22.2B
| $33.1M | ﹤0.01% |
3,731,916
-554,117
| -13% | -$4.03M |
|
1515
PUT
Li Auto
LI
$12B
| $33.1M | ﹤0.01% |
1,219,600
-549,500
| -31% | -$14.5M |
|
1516
CALL
Roper Technologies
ROP
$40.9B
| $33M | ﹤0.01% |
58,200
-6,100
| -9% | -$3.45M |
|
1517
CALL
SentinelOne
S
$6.96B
| $33M | ﹤0.01% |
1,803,100
+76,900
| +4% | +$1.41M |
|
1518
CALL
M&T Bank
MTB
$34.7B
| $33M | ﹤0.01% |
169,900
+1,300
| +0.8% | +$229K |
|
1519
PUT
Edwards Lifesciences
EW
$52.4B
| $32.9M | ﹤0.01% |
421,100
-50,700
| -11% | -$3.78M |
|
1520
PUT
Toll Brothers
TOL
$13.9B
| $32.9M | ﹤0.01% |
288,400
-52,100
| -15% | -$5.41M |
|
1521
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.72B
| $32.9M | ﹤0.01% |
261,435
+89,976
| +52% | +$10.8M |
|
1522
O'Reilly Automotive
ORLY
$73.1B
| $32.9M | ﹤0.01% |
364,867
+259,492
| +246% | +$23.7M |
|
1523
CALL
Enbridge
ENB
$109B
| $32.8M | ﹤0.01% |
724,000
-88,000
| -11% | -$3.99M |
|
1524
KraneShares CSI China Internet ETF
KWEB
$5.22B
| $32.8M | ﹤0.01% |
955,669
+95,032
| +11% | +$3.15M |
|
1525
Lyft
LYFT
$6.68B
| $32.8M | ﹤0.01% |
2,079,853
-322,107
| -13% | -$4.51M |
|
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.