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 | |
|---|---|---|---|---|---|---|
1651
PUT
ProShares Ultra S&P500
SSO
$8.41B
| $28.5M | ﹤0.01% |
584,000
+181,800
| +45% | +$7.68M |
|
1652
CALL
Restaurant Brands International
QSR
$28.4B
| $28.5M | ﹤0.01% |
430,400
-172,100
| -29% | -$11.5M |
|
|
API
1653
Agora
API
$348M
| $28.5M | ﹤0.01% |
7,484,011
| – | – |
|
1654
United Rentals
URI
$65.6B
| $28.5M | ﹤0.01% |
37,784
-27,823
| -42% | -$18.6M |
|
1655
Energy Transfer Partners
ET
$72.4B
| $28.4M | ﹤0.01% |
1,567,177
-900,504
| -36% | -$15.7M |
|
1656
Snap
SNAP
$10B
| $28.4M | ﹤0.01% |
3,268,468
+386,545
| +13% | +$3.21M |
|
1657
Constellation Energy
CEG
$98.6B
| $28.4M | ﹤0.01% |
87,959
-400,112
| -82% | -$106M |
|
1658
PUT
Canadian Natural Resources
CNQ
$102B
| $28.4M | ﹤0.01% |
903,900
-281,900
| -24% | -$8.54M |
|
1659
Enovix
ENVX
$742M
| $28.4M | ﹤0.01% |
3,136,775
+1,929,821
| +160% | +$12.6M |
|
|
FISV
1660
Fiserv Inc
FISV
$27.9B
| $28.4M | ﹤0.01% |
164,563
+116,661
| +244% | +$21.2M |
|
1661
PUT
Clean Harbors
CLH
$16.3B
| $28.4M | ﹤0.01% |
122,700
+30,500
| +33% | +$6.68M |
|
1662
CALL
Carlyle Group
CG
$17.4B
| $28.3M | ﹤0.01% |
551,100
+76,500
| +16% | +$3.3M |
|
1663
CALL
Keurig Dr Pepper
KDP
$43.3B
| $28.3M | ﹤0.01% |
856,000
-178,000
| -17% | -$6.02M |
|
1664
CALL
West Pharmaceutical
WST
$24.5B
| $28.1M | ﹤0.01% |
128,600
-38,600
| -23% | -$8.25M |
|
1665
PUT
Skyworks Solutions
SWKS
$9.89B
| $28M | ﹤0.01% |
375,900
-257,200
| -41% | -$17.2M |
|
1666
PUT
iShares Russell 1000 Growth ETF
IWF
$125B
| $28M | ﹤0.01% |
263,600
+201,600
| +325% | +$19.3M |
|
1667
Veeva Systems
VEEV
$40.4B
| $28M | ﹤0.01% |
97,119
-17,131
| -15% | -$4.25M |
|
1668
Chubb
CB
$132B
| $28M | ﹤0.01% |
96,515
+58,786
| +156% | +$16.9M |
|
1669
Lowe's Companies
LOW
$120B
| $27.9M | ﹤0.01% |
125,599
+64,770
| +106% | +$14.5M |
|
1670
PUT
Valaris
VAL
$5.95B
| $27.8M | ﹤0.01% |
659,700
-94,900
| -13% | -$3.57M |
|
1671
PUT
Gartner
IT
$12.4B
| $27.8M | ﹤0.01% |
68,700
+11,400
| +20% | +$4.77M |
|
1672
CALL
Range Resources
RRC
$9.58B
| $27.8M | ﹤0.01% |
682,400
+569,400
| +504% | +$21.5M |
|
1673
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.5B
| $27.7M | ﹤0.01% |
488,000
+297,200
| +156% | +$16.5M |
|
1674
CALL
Amplify Junior Silver Miners ETF
SILJ
$4.34B
| $27.7M | ﹤0.01% |
1,873,200
+1,299,700
| +227% | +$16.9M |
|
1675
Vertex Pharmaceuticals
VRTX
$140B
| $27.7M | ﹤0.01% |
62,209
+21,088
| +51% | +$9.72M |
|
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.