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 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
Arm
ARM
$260B
| $868M | 0.1% |
6,137,600
-769,200
| -11% | -$112M |
|
152
CALL
Wells Fargo
WFC
$254B
| $862M | 0.1% |
10,279,600
+1,054,100
| +11% | +$85.5M |
|
153
PUT
Reddit
RDDT
$29.5B
| $861M | 0.1% |
3,742,400
+1,301,700
| +53% | +$266M |
|
154
CALL
Applied Materials
AMAT
$391B
| $857M | 0.1% |
4,187,300
+970,400
| +30% | +$176M |
|
|
NBIS
155
CALL
Nebius Group N.V.
NBIS
$59.6B
| $844M | 0.1% |
7,521,700
+2,905,900
| +63% | +$202M |
|
156
Amazon
AMZN
$2.79T
| $841M | 0.1% |
3,830,935
+1,123,441
| +41% | +$254M |
|
157
CALL
Johnson & Johnson
JNJ
$651B
| $841M | 0.1% |
4,533,900
+1,255,700
| +38% | +$215M |
|
158
PUT
PepsiCo
PEP
$196B
| $838M | 0.1% |
5,966,000
+2,646,100
| +80% | +$378M |
|
159
CALL
Mastercard
MA
$509B
| $829M | 0.09% |
1,458,000
+372,100
| +34% | +$214M |
|
160
CALL
Caterpillar
CAT
$381B
| $828M | 0.09% |
1,734,800
+327,200
| +23% | +$140M |
|
161
PUT
Pfizer
PFE
$160B
| $825M | 0.09% |
32,383,400
-6,102,100
| -16% | -$151M |
|
|
162
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $818M | 0.09% |
9,156,186
-9,839,309
| -52% | -$861M |
|
163
PUT
Walmart Inc
WMT
$825B
| $816M | 0.09% |
7,919,800
-2,603,500
| -25% | -$259M |
|
|
164
PUT
Caterpillar
CAT
$381B
| $814M | 0.09% |
1,705,900
+470,500
| +38% | +$201M |
|
|
165
PUT
Applied Materials
AMAT
$391B
| $814M | 0.09% |
3,973,700
+1,658,500
| +72% | +$301M |
|
166
PUT
AutoZone
AZO
$48.3B
| $794M | 0.09% |
185,000
+81,500
| +79% | +$327M |
|
|
167
PUT
Johnson & Johnson
JNJ
$651B
| $792M | 0.09% |
4,271,300
+1,066,200
| +33% | +$183M |
|
168
PUT
Iris Energy
IREN
$15B
| $789M | 0.09% |
16,818,000
+9,161,600
| +120% | +$222M |
|
|
169
PUT
Mastercard
MA
$509B
| $785M | 0.09% |
1,380,900
-118,700
| -8% | -$68.2M |
|
170
CALL
GE Aerospace
GE
$361B
| $782M | 0.09% |
2,598,000
-985,700
| -28% | -$269M |
|
171
PUT
ARK Innovation ETF
ARKK
$6.72B
| $780M | 0.09% |
9,034,600
+4,176,000
| +86% | +$319M |
|
172
CALL
JD.com
JD
$39.7B
| $774M | 0.09% |
22,135,900
+14,936,700
| +207% | +$486M |
|
173
CALL
Dell
DELL
$286B
| $774M | 0.09% |
5,458,100
+1,972,500
| +57% | +$256M |
|
|
174
CALL
lululemon athletica
LULU
$13.7B
| $768M | 0.09% |
4,313,600
+2,388,500
| +124% | +$479M |
|
175
CALL
Qualcomm
QCOM
$169B
| $765M | 0.09% |
4,601,200
+22,100
| +0.5% | +$3.51M |
|
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 deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- 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.