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 | |
|---|---|---|---|---|---|---|
1576
CALL
Guardant Health
GH
$22.1B
| $31.2M | ﹤0.01% |
600,400
+57,000
| +10% | +$2.55M |
|
1577
Kraft Heinz
KHC
$30B
| $31.2M | ﹤0.01% |
1,209,868
+698,924
| +137% | +$19.4M |
|
1578
PUT
Williams-Sonoma
WSM
$27.6B
| $31.2M | ﹤0.01% |
191,200
-121,800
| -39% | -$19.1M |
|
1579
CALL
Sempra
SRE
$54.9B
| $31.2M | ﹤0.01% |
411,500
-87,200
| -17% | -$6.47M |
|
1580
iShares National Muni Bond ETF
MUB
$45.6B
| $31.2M | ﹤0.01% |
298,406
-831,866
| -74% | -$86.5M |
|
1581
PUT
DaVita
DVA
$11.3B
| $31.2M | ﹤0.01% |
218,800
+9,500
| +5% | +$1.35M |
|
1582
CALL
Alamos Gold
AGI
$16.3B
| $31.2M | ﹤0.01% |
1,172,900
-304,400
| -21% | -$8.14M |
|
1583
PUT
Dycom Industries
DY
$10.6B
| $31.1M | ﹤0.01% |
127,400
+109,000
| +592% | +$21.5M |
|
1584
XPeng
XPEV
$11.1B
| $31.1M | ﹤0.01% |
1,740,163
+1,109,482
| +176% | +$21.7M |
|
1585
Nutanix
NTNX
$18B
| $31M | ﹤0.01% |
405,292
+277,996
| +218% | +$20M |
|
1586
PUT
VeriSign
VRSN
$26.6B
| $30.9M | ﹤0.01% |
107,000
+11,800
| +12% | +$3.2M |
|
1587
CALL
Boyd Gaming
BYD
$5.89B
| $30.8M | ﹤0.01% |
393,800
+95,500
| +32% | +$6.82M |
|
1588
PUT
Oneok
OKE
$57.8B
| $30.8M | ﹤0.01% |
377,300
+182,700
| +94% | +$15.2M |
|
1589
CALL
Agilent Technologies
A
$43.7B
| $30.8M | ﹤0.01% |
260,800
+113,900
| +78% | +$12.6M |
|
|
CIVI
1590
CALL
DELISTED
Civitas Resources
CIVI
| $30.8M | ﹤0.01% |
1,117,600
+820,200
| +276% | +$23.8M |
|
1591
PUT
Steel Dynamics
STLD
$33.1B
| $30.7M | ﹤0.01% |
239,900
+32,600
| +16% | +$4.16M |
|
1592
CALL
Sanofi
SNY
$110B
| $30.6M | ﹤0.01% |
634,400
+261,800
| +70% | +$13.4M |
|
1593
CALL
Royal Gold
RGLD
$22.7B
| $30.6M | ﹤0.01% |
172,100
-87,400
| -34% | -$15.5M |
|
1594
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $30.6M | ﹤0.01% |
454,500
-31,400
| -6% | -$1.86M |
|
1595
PUT
Axsome Therapeutics
AXSM
$10.8B
| $30.5M | ﹤0.01% |
292,100
+43,500
| +17% | +$4.61M |
|
1596
CALL
Ralph Lauren
RL
$21.6B
| $30.5M | ﹤0.01% |
111,100
-1,400
| -1% | -$347K |
|
1597
ConocoPhillips
COP
$158B
| $30.4M | ﹤0.01% |
339,115
-4,655
| -1% | -$419K |
|
1598
CALL
Golar LNG
GLNG
$5.31B
| $30.4M | ﹤0.01% |
738,700
+124,800
| +20% | +$4.92M |
|
1599
PUT
monday.com
MNDY
$3.94B
| $30.4M | ﹤0.01% |
96,700
-8,000
| -8% | -$2.23M |
|
1600
CALL
Skyworks Solutions
SWKS
$9.89B
| $30.4M | ﹤0.01% |
407,800
-274,500
| -40% | -$18.3M |
|
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.