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 | |
|---|---|---|---|---|---|---|
1851
Dow Inc
DOW
$21.9B
| $23.3M | ﹤0.01% |
878,763
+672,194
| +325% | +$19.6M |
|
|
HOLX
1852
PUT
DELISTED
Hologic
HOLX
| $23.3M | ﹤0.01% |
357,000
+316,400
| +779% | +$19M |
|
|
VG
1853
PUT
Venture Global Inc
VG
$35.8B
| $23.2M | ﹤0.01% |
1,492,100
+622,200
| +72% | +$7.2M |
|
1854
CALL
AGNC Investment
AGNC
$12.8B
| $23.2M | ﹤0.01% |
2,528,800
-192,000
| -7% | -$1.72M |
|
1855
Eaton
ETN
$163B
| $23.2M | ﹤0.01% |
64,878
+35,922
| +124% | +$11.1M |
|
1856
PUT
PENN Entertainment
PENN
$2.39B
| $23.1M | ﹤0.01% |
1,294,600
+53,400
| +4% | +$838K |
|
1857
CALL
Sprouts Farmers Market
SFM
$8.1B
| $23.1M | ﹤0.01% |
140,400
-51,400
| -27% | -$8.4M |
|
1858
CALL
Star Bulk Carriers
SBLK
$3.3B
| $23.1M | ﹤0.01% |
1,340,000
+790,800
| +144% | +$12.3M |
|
1859
PUT
Alpha Metallurgical Resources
AMR
$2.76B
| $23.1M | ﹤0.01% |
205,200
+55,200
| +37% | +$6.45M |
|
1860
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.9B
| $23.1M | ﹤0.01% |
525,400
-4,616,800
| -90% | -$196M |
|
1861
CALL
Lumen
LUMN
$6.28B
| $23M | ﹤0.01% |
5,257,200
+1,259,800
| +32% | +$4.88M |
|
1862
CALL
Symbotic
SYM
$5.27B
| $23M | ﹤0.01% |
592,400
-283,700
| -32% | -$7.43M |
|
1863
PUT
GE HealthCare
GEHC
$33.1B
| $23M | ﹤0.01% |
310,100
+144,700
| +87% | +$10.1M |
|
1864
CALL
Summit Therapeutics
SMMT
$11.4B
| $23M | ﹤0.01% |
1,079,200
+504,400
| +88% | +$11.5M |
|
|
CTRA
1865
CALL
DELISTED
Coterra Energy
CTRA
| $23M | ﹤0.01% |
904,500
+160,300
| +22% | +$4.06M |
|
1866
Prologis
PLD
$136B
| $23M | ﹤0.01% |
218,337
-33,492
| -13% | -$3.51M |
|
1867
CALL
Universal Display
OLED
$3.99B
| $22.9M | ﹤0.01% |
148,500
+52,500
| +55% | +$7.35M |
|
|
1868
AGNC Investment
AGNC
$12.8B
| $22.9M | ﹤0.01% |
2,494,120
+22,428
| +0.9% | +$201K |
|
1869
PUT
Hertz
HTZ
$745M
| $22.9M | ﹤0.01% |
3,353,100
+606,200
| +22% | +$3.78M |
|
1870
CALL
Argan
AGX
$6.38B
| $22.9M | ﹤0.01% |
103,800
+7,600
| +8% | +$1.37M |
|
|
CWAN
1871
DELISTED
Clearwater Analytics
CWAN
| $22.9M | ﹤0.01% |
1,043,192
-158,326
| -13% | -$3.64M |
|
1872
Mondelez International
MDLZ
$80.4B
| $22.9M | ﹤0.01% |
339,190
+137,106
| +68% | +$9.15M |
|
1873
Quantum Computing Inc
QUBT
$1.89B
| $22.8M | ﹤0.01% |
1,190,824
+1,157,350
| +3,457% | +$12.8M |
|
|
ETHU
1874
PUT
2x Ether ETF
ETHU
$1.2B
| $22.8M | ﹤0.01% |
402,800
+374,280
| +1,312% | +$17.9M |
|
|
SWTX
1875
DELISTED
SpringWorks Therapeutics
SWTX
| $22.8M | ﹤0.01% |
484,874
-138,789
| -22% | -$6.17M |
|
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.