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 | |
|---|---|---|---|---|---|---|
1626
CALL
Fluor
FLR
$6.86B
| $29.5M | ﹤0.01% |
574,700
-687,100
| -54% | -$27.4M |
|
1627
PUT
T. Rowe Price
TROW
$24.1B
| $29.5M | ﹤0.01% |
305,300
-20,500
| -6% | -$1.88M |
|
1628
CALL
Ally Financial
ALLY
$13B
| $29.5M | ﹤0.01% |
756,200
-192,000
| -20% | -$6.65M |
|
1629
CALL
Quest Diagnostics
DGX
$27B
| $29.4M | ﹤0.01% |
163,700
+58,300
| +55% | +$10.1M |
|
1630
PUT
Sable Offshore Corp
SOC
$904M
| $29.4M | ﹤0.01% |
1,337,700
+734,400
| +122% | +$17.1M |
|
1631
QuantumScape Corp
QS
$3.58B
| $29.4M | ﹤0.01% |
4,369,431
-1,001,982
| -19% | -$4.23M |
|
1632
CALL
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$208M
| $29.2M | ﹤0.01% |
737,900
+305,100
| +70% | +$11.5M |
|
1633
CALL
Martin Marietta Materials
MLM
$37.8B
| $29.2M | ﹤0.01% |
53,200
+21,800
| +69% | +$11.5M |
|
|
HUYA
1634
PUT
Huya Inc
HUYA
$491M
| $29.2M | ﹤0.01% |
8,287,600
+4,960,100
| +149% | +$18M |
|
1635
Cameco
CCJ
$46.6B
| $29.1M | ﹤0.01% |
392,517
-2,330,245
| -86% | -$124M |
|
1636
PUT
Idexx Laboratories
IDXX
$43.3B
| $29.1M | ﹤0.01% |
54,300
+36,800
| +210% | +$17.6M |
|
1637
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $29.1M | ﹤0.01% |
588,200
-220,700
| -27% | -$10.2M |
|
1638
PUT
Pan American Silver
PAAS
$22.5B
| $29.1M | ﹤0.01% |
1,024,200
+168,200
| +20% | +$4.35M |
|
1639
PUT
Public Storage
PSA
$60.3B
| $29M | ﹤0.01% |
98,900
+29,500
| +43% | +$8.73M |
|
1640
CALL
Toyota
TM
$228B
| $29M | ﹤0.01% |
168,300
+98,900
| +143% | +$17.9M |
|
1641
PUT
Royal Gold
RGLD
$22.7B
| $28.9M | ﹤0.01% |
162,500
+13,900
| +9% | +$2.46M |
|
1642
PUT
Texas Pacific Land
TPL
$25.7B
| $28.8M | ﹤0.01% |
81,900
+6,600
| +9% | +$2.7M |
|
1643
CALL
Galicia Financial Group
GGAL
$7.1B
| $28.8M | ﹤0.01% |
572,300
-42,300
| -7% | -$2.42M |
|
|
AKRO
1644
CALL
DELISTED
Akero Therapeutics
AKRO
| $28.8M | ﹤0.01% |
540,200
+458,500
| +561% | +$20.8M |
|
1645
PUT
Annaly Capital Management
NLY
$17.4B
| $28.8M | ﹤0.01% |
1,528,700
+590,700
| +63% | +$11.2M |
|
1646
PUT
GSK
GSK
$104B
| $28.8M | ﹤0.01% |
748,800
+218,000
| +41% | +$8.33M |
|
1647
PUT
Comfort Systems
FIX
$55B
| $28.7M | ﹤0.01% |
53,600
-4,900
| -8% | -$2.13M |
|
1648
CALL
Antero Resources
AR
$11.7B
| $28.7M | ﹤0.01% |
713,400
-138,400
| -16% | -$5.24M |
|
1649
CALL
Sprott Uranium Miners ETF
URNM
$2.27B
| $28.7M | ﹤0.01% |
599,200
+270,700
| +82% | +$10.3M |
|
1650
PUT
Flutter Entertainment
FLUT
$17.7B
| $28.7M | ﹤0.01% |
100,400
+40,500
| +68% | +$9.94M |
|
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.