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 | |
|---|---|---|---|---|---|---|
1751
Duolingo
DUOL
$6.65B
| $25.6M | ﹤0.01% |
62,374
+47,856
| +330% | +$21M |
|
1752
PUT
TKO Group
TKO
$14.1B
| $25.6M | ﹤0.01% |
140,500
-272,600
| -66% | -$43.8M |
|
1753
Aflac
AFL
$58.7B
| $25.6M | ﹤0.01% |
242,385
+165,691
| +216% | +$17.4M |
|
1754
PUT
AGNC Investment
AGNC
$12.9B
| $25.6M | ﹤0.01% |
2,781,200
-798,200
| -22% | -$7.14M |
|
1755
Alcoa
AA
$13.2B
| $25.6M | ﹤0.01% |
866,119
+566,897
| +189% | +$15.3M |
|
1756
PUT
Allegro MicroSystems
ALGM
$6.92B
| $25.6M | ﹤0.01% |
747,500
+670,900
| +876% | +$16.7M |
|
1757
CALL
Granite Construction
GVA
$5.45B
| $25.5M | ﹤0.01% |
272,800
+7,200
| +3% | +$607K |
|
1758
CALL
GoDaddy
GDDY
$12.1B
| $25.5M | ﹤0.01% |
141,500
-133,500
| -49% | -$24M |
|
1759
Parker-Hannifin
PH
$132B
| $25.4M | ﹤0.01% |
36,424
+683
| +2% | +$432K |
|
1760
CALL
Alexandria Real Estate Equities
ARE
$9.06B
| $25.4M | ﹤0.01% |
350,000
+147,400
| +73% | +$10.9M |
|
1761
PUT
PPG Industries
PPG
$25.6B
| $25.4M | ﹤0.01% |
223,400
-157,000
| -41% | -$17M |
|
1762
PUT
Fidelity National Information Services
FIS
$20.7B
| $25.4M | ﹤0.01% |
311,800
-154,300
| -33% | -$12M |
|
1763
Atlassian
TEAM
$42.6B
| $25.3M | ﹤0.01% |
124,746
+70,230
| +129% | +$14.6M |
|
1764
SouthState Bank Corp
SSB
$10.4B
| $25.3M | ﹤0.01% |
274,791
+95,133
| +53% | +$8.36M |
|
1765
Colgate-Palmolive
CL
$73.3B
| $25.3M | ﹤0.01% |
278,095
-69,920
| -20% | -$6.38M |
|
1766
Applied Digital
APLD
$7.92B
| $25.3M | ﹤0.01% |
2,509,536
+1,753,237
| +232% | +$12.9M |
|
1767
Mueller Industries
MLI
$14.1B
| $25.3M | ﹤0.01% |
635,502
+311,058
| +96% | +$11.7M |
|
1768
CALL
Peloton Interactive
PTON
$2.36B
| $25.2M | ﹤0.01% |
3,637,700
+1,436,100
| +65% | +$9.33M |
|
1769
Noble Corp
NE
$7.3B
| $25.2M | ﹤0.01% |
949,240
-31,740
| -3% | -$762K |
|
1770
PUT
Welltower
WELL
$174B
| $25.2M | ﹤0.01% |
163,900
+78,800
| +93% | +$11.8M |
|
1771
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $25.2M | ﹤0.01% |
595,500
-513,000
| -46% | -$20.5M |
|
1772
CALL
Iron Mountain
IRM
$36.3B
| $25.1M | ﹤0.01% |
245,000
-43,700
| -15% | -$4.12M |
|
1773
State Street SPDR S&P Retail ETF
XRT
$329M
| $25.1M | ﹤0.01% |
326,085
-18,131
| -5% | -$1.32M |
|
1774
Westlake Corp
WLK
$9.55B
| $25.1M | ﹤0.01% |
330,814
+319,730
| +2,885% | +$26.2M |
|
1775
iShares MSCI China ETF
MCHI
$6.26B
| $25.1M | ﹤0.01% |
455,853
-325,710
| -42% | -$17.3M |
|
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.