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 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.7% |
| 2 | Consumer Discretionary | 0.84% |
| 3 | Communication Services | 0.67% |
| 4 | Financials | 0.66% |
| 5 | Healthcare | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1551
Coherent
COHR
$56.4B
| $40.3M | ﹤0.01% |
218,387
+155,533
| +247% | +$23.3M |
|
1552
Western Digital
WDC
$163B
| $40.3M | ﹤0.01% |
233,941
-38,213
| -14% | -$5.79M |
|
1553
CALL
Papa John's
PZZA
$794M
| $40.3M | ﹤0.01% |
1,047,000
+477,300
| +84% | +$21.1M |
|
1554
CALL
Advance Auto Parts
AAP
$2.63B
| $40.3M | ﹤0.01% |
1,024,300
+287,800
| +39% | +$14.4M |
|
1555
CALL
iShares MSCI India ETF
INDA
$6.7B
| $40.3M | ﹤0.01% |
744,700
-307,100
| -29% | -$16.5M |
|
1556
Snap
SNAP
$10B
| $40.2M | ﹤0.01% |
4,983,406
-4,240,186
| -46% | -$33.5M |
|
1557
Bristol-Myers Squibb
BMY
$139B
| $40.2M | ﹤0.01% |
745,494
-1,532,662
| -67% | -$73.7M |
|
1558
CALL
Plains All American Pipeline
PAA
$17.4B
| $40.2M | ﹤0.01% |
2,238,600
-551,500
| -20% | -$9.37M |
|
1559
Eaton
ETN
$159B
| $40.1M | ﹤0.01% |
125,888
+86,135
| +217% | +$30.5M |
|
1560
CALL
Carrier Global
CARR
$48.2B
| $40.1M | ﹤0.01% |
758,300
+300,200
| +66% | +$16.7M |
|
1561
PUT
Cboe Global Markets
CBOE
$32.3B
| $40M | ﹤0.01% |
159,400
-136,400
| -46% | -$33.9M |
|
1562
PUT
QuantumScape Corp
QS
$3.58B
| $40M | ﹤0.01% |
3,838,400
+364,600
| +10% | +$5.03M |
|
1563
Seagate
STX
$186B
| $40M | ﹤0.01% |
145,141
-410,961
| -74% | -$107M |
|
1564
CALL
Zeta Global
ZETA
$7B
| $40M | ﹤0.01% |
1,963,600
-248,400
| -11% | -$4.64M |
|
1565
Zoom
ZM
$29.6B
| $39.9M | ﹤0.01% |
462,803
+15,604
| +3% | +$1.31M |
|
1566
Morgan Stanley
MS
$340B
| $39.8M | ﹤0.01% |
224,352
-160,436
| -42% | -$26.8M |
|
1567
PUT
Dominion Energy
D
$58.9B
| $39.7M | ﹤0.01% |
678,400
+44,500
| +7% | +$2.68M |
|
1568
PUT
Antero Resources
AR
$11.7B
| $39.6M | ﹤0.01% |
1,150,400
-322,900
| -22% | -$10.9M |
|
1569
CALL
DaVita
DVA
$11.3B
| $39.6M | ﹤0.01% |
348,400
+59,100
| +20% | +$7.19M |
|
1570
CALL
Lincoln National
LNC
$8.16B
| $39.5M | ﹤0.01% |
887,400
+261,600
| +42% | +$10.9M |
|
|
PPLT
1571
abrdn Physical Platinum Shares ETF
PPLT
$2.22B
| $39.5M | ﹤0.01% |
2,117,350
+1,911,080
| +926% | +$29.4M |
|
1572
SentinelOne
S
$6.96B
| $39.5M | ﹤0.01% |
2,630,963
+728,110
| +38% | +$11.9M |
|
1573
AGNC Investment
AGNC
$12.9B
| $39.2M | ﹤0.01% |
3,660,658
+1,378,453
| +60% | +$14.2M |
|
1574
American Healthcare REIT
AHR
$12.4B
| $39.2M | ﹤0.01% |
833,624
+825,559
| +10,236% | +$38.3M |
|
1575
PUT
Ally Financial
ALLY
$13B
| $39.2M | ﹤0.01% |
864,800
-179,400
| -17% | -$7.39M |
|
Similar funds
Jeff Yass's Q4 2025 Portfolio in Review
As of Q4 2025, Jeff Yass held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Jeff Yass added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Jeff Yass's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Jeff Yass fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Jeff Yass's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Jeff Yass opened 1,864 new positions and closed 1,914 in Q4 2025.
- Jeff Yass's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.