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 | Miscellaneous | 94.35% |
| 2 | Technology | 1.74% |
| 3 | Consumer Discretionary | 0.9% |
| 4 | Financials | 0.71% |
| 5 | Communication Services | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
CALL
Bentley Systems
BSY
$11.5B
| $37.4M | ﹤0.01% |
725,700
+235,200
| +48% | +$12.9M |
|
1577
Alcoa
AA
$13.4B
| $37.3M | ﹤0.01% |
1,135,324
+269,205
| +31% | +$8.37M |
|
|
MPT
1578
PUT
Medical Properties Trust
MPT
$2.43B
| $37.3M | ﹤0.01% |
7,355,300
-1,364,000
| -16% | -$6.01M |
|
1579
Thomson Reuters
TRI
$46.3B
| $37.3M | ﹤0.01% |
236,192
-358,267
| -60% | -$66.8M |
|
1580
PUT
CarMax
KMX
$8.98B
| $37.2M | ﹤0.01% |
829,900
+482,200
| +139% | +$28.8M |
|
1581
CALL
Maplebear
CART
$11.7B
| $37.2M | ﹤0.01% |
1,011,300
+75,400
| +8% | +$3.47M |
|
1582
CALL
Century Aluminum
CENX
$4.45B
| $37.2M | ﹤0.01% |
1,265,700
+807,400
| +176% | +$18.3M |
|
1583
Fidelity High Dividend ETF
FDVV
$10.4B
| $37.1M | ﹤0.01% |
666,515
+38,552
| +6% | +$2.1M |
|
1584
Cadence Design Systems
CDNS
$94.2B
| $37M | ﹤0.01% |
105,434
-34,631
| -25% | -$11.9M |
|
1585
CALL
MarketAxess Holdings
MKTX
$5.72B
| $37M | ﹤0.01% |
212,500
+170,500
| +406% | +$33.4M |
|
1586
Transocean
RIG
$6.33B
| $37M | ﹤0.01% |
11,861,221
+7,789,569
| +191% | +$23.5M |
|
1587
Cintas
CTAS
$81.7B
| $37M | ﹤0.01% |
180,218
+72,179
| +67% | +$15.4M |
|
1588
CALL
American Eagle Outfitters
AEO
$2.87B
| $36.9M | ﹤0.01% |
2,159,400
+1,675,500
| +346% | +$22.9M |
|
1589
CALL
iShares US Aerospace & Defense ETF
ITA
$14.1B
| $36.9M | ﹤0.01% |
176,500
-280,000
| -61% | -$55.2M |
|
1590
ConocoPhillips
COP
$155B
| $36.9M | ﹤0.01% |
390,331
+51,216
| +15% | +$4.84M |
|
1591
Zoom
ZM
$28.4B
| $36.9M | ﹤0.01% |
447,199
+237,556
| +113% | +$18.5M |
|
1592
Oscar Health
OSCR
$9.63B
| $36.9M | ﹤0.01% |
1,948,418
-245,567
| -11% | -$4.05M |
|
1593
B2Gold
BTG
$7.64B
| $36.9M | ﹤0.01% |
7,449,482
+2,751,268
| +59% | +$10.8M |
|
1594
PUT
BHP
BHP
$246B
| $36.8M | ﹤0.01% |
660,500
-138,900
| -17% | -$7.39M |
|
1595
CALL
Granite Construction
GVA
$5.51B
| $36.8M | ﹤0.01% |
335,800
+63,000
| +23% | +$6.47M |
|
1596
CALL
iShares MSCI China ETF
MCHI
$6.21B
| $36.8M | ﹤0.01% |
558,500
+12,000
| +2% | +$719K |
|
1597
NextNav
NN
$2.69B
| $36.8M | ﹤0.01% |
2,570,442
+1,099,754
| +75% | +$17.4M |
|
1598
Fluor
FLR
$7.26B
| $36.7M | ﹤0.01% |
873,280
-327,027
| -27% | -$15.1M |
|
1599
Domino's
DPZ
$11.2B
| $36.7M | ﹤0.01% |
85,063
-1,363
| -2% | -$619K |
|
1600
International Paper
IP
$21.6B
| $36.7M | ﹤0.01% |
791,093
+560,726
| +243% | +$27.4M |
|
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's Q3 2025 filing shows 1,794 new, 5,240 increased, 5,148 reduced and 2,105 closed positions. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.