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 | |
|---|---|---|---|---|---|---|
1676
CALL
FMC
FMC
$1.4B
| $27.7M | ﹤0.01% |
662,900
-48,900
| -7% | -$1.94M |
|
|
EXAS
1677
CALL
DELISTED
Exact Sciences
EXAS
| $27.7M | ﹤0.01% |
520,400
+212,700
| +69% | +$10.8M |
|
1678
Aon
AON
$75.3B
| $27.6M | ﹤0.01% |
77,408
+49,115
| +174% | +$17.8M |
|
1679
PUT
Entergy
ETR
$49.6B
| $27.6M | ﹤0.01% |
332,100
+69,800
| +27% | +$5.76M |
|
1680
CALL
Booz Allen Hamilton
BAH
$8.88B
| $27.6M | ﹤0.01% |
264,800
+124,800
| +89% | +$14M |
|
1681
CALL
Idexx Laboratories
IDXX
$43.3B
| $27.6M | ﹤0.01% |
51,400
+21,100
| +70% | +$10.1M |
|
|
TLN
1682
Talen Energy Corp
TLN
$14.7B
| $27.4M | ﹤0.01% |
94,326
-475,523
| -83% | -$113M |
|
1683
BridgeBio Pharma
BBIO
$15.7B
| $27.4M | ﹤0.01% |
634,573
-105,131
| -14% | -$3.82M |
|
|
SCHW
1684
Charles Schwab
SCHW
$194B
| $27.4M | ﹤0.01% |
299,817
-85,571
| -22% | -$7.17M |
|
1685
CALL
Huntington Bancshares
HBAN
$34.2B
| $27.4M | ﹤0.01% |
1,632,000
+402,600
| +33% | +$6.07M |
|
1686
CALL
Intuitive Machines
LUNR
$2.66B
| $27.3M | ﹤0.01% |
2,514,100
+832,500
| +50% | +$8.15M |
|
1687
CALL
KeyCorp
KEY
$23.4B
| $27.3M | ﹤0.01% |
1,568,200
+213,600
| +16% | +$3.31M |
|
1688
NetEase
NTES
$82.5B
| $27.3M | ﹤0.01% |
202,843
+8,205
| +4% | +$943K |
|
1689
PUT
Baker Hughes
BKR
$61.4B
| $27.3M | ﹤0.01% |
712,000
+201,200
| +39% | +$7.59M |
|
|
SKX
1690
CALL
DELISTED
Skechers
SKX
| $27.3M | ﹤0.01% |
432,300
+306,400
| +243% | +$17.6M |
|
1691
CALL
Limbach Holdings
LMB
$500M
| $27.2M | ﹤0.01% |
193,900
+132,700
| +217% | +$15.1M |
|
|
WNS
1692
PUT
DELISTED
WNS Holdings
WNS
| $27.1M | ﹤0.01% |
429,100
+380,900
| +790% | +$22.8M |
|
1693
PUT
Golar LNG
GLNG
$5.31B
| $27.1M | ﹤0.01% |
658,400
+240,400
| +58% | +$9.48M |
|
1694
Morgan Stanley
MS
$340B
| $27M | ﹤0.01% |
191,926
-526,495
| -73% | -$64.7M |
|
1695
PUT
DuPont de Nemours
DD
$18.4B
| $27M | ﹤0.01% |
313,966
+110,497
| +54% | +$9.18M |
|
1696
CALL
Otis Worldwide
OTIS
$27.2B
| $27M | ﹤0.01% |
272,800
-87,800
| -24% | -$8.48M |
|
1697
Blackrock
BLK
$182B
| $27M | ﹤0.01% |
25,734
-34,571
| -57% | -$32.7M |
|
1698
CALL
PENN Entertainment
PENN
$2.38B
| $27M | ﹤0.01% |
1,510,500
+67,700
| +5% | +$1.06M |
|
1699
CALL
JB Hunt Transport Services
JBHT
$24.6B
| $27M | ﹤0.01% |
187,900
+118,000
| +169% | +$16.3M |
|
|
LBRDK
1700
DELISTED
Liberty Broadband Class C
LBRDK
| $26.9M | ﹤0.01% |
273,801
-39,407
| -13% | -$3.53M |
|
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.