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 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.7% |
| 2 | Consumer Discretionary | 0.84% |
| 3 | Communication Services | 0.67% |
| 4 | Financials | 0.66% |
| 5 | Healthcare | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
CALL
POET Technologies
POET
$1.4B
| $29M | ﹤0.01% |
4,582,100
+1,244,700
| +37% | +$7.89M |
|
1852
CALL
WIX.com
WIX
$3.44B
| $29M | ﹤0.01% |
278,800
-353,400
| -56% | -$42.7M |
|
1853
PUT
Williams-Sonoma
WSM
$28B
| $28.9M | ﹤0.01% |
161,900
-149,000
| -48% | -$27.9M |
|
1854
CALL
CRISPR Therapeutics
CRSP
$5.73B
| $28.9M | ﹤0.01% |
550,400
-600
| -0.1% | -$35.9K |
|
1855
PUT
Pentair
PNR
$10B
| $28.9M | ﹤0.01% |
277,100
+269,600
| +3,595% | +$28.8M |
|
1856
CALL
Direxion Daily GOOGL Bull 2X ETF
GGLL
$975M
| $28.8M | ﹤0.01% |
297,600
+100,400
| +51% | +$8.55M |
|
1857
CALL
BJs Wholesale Club
BJ
$11.9B
| $28.7M | ﹤0.01% |
319,300
-10,900
| -3% | -$1M |
|
1858
CALL
Yum China
YUMC
$16.1B
| $28.7M | ﹤0.01% |
601,800
-159,300
| -21% | -$7.3M |
|
1859
PUT
US Global Jets ETF
JETS
$799M
| $28.7M | ﹤0.01% |
1,023,500
+484,500
| +90% | +$12.6M |
|
1860
PUT
Synchrony
SYF
$26B
| $28.7M | ﹤0.01% |
344,300
+176,400
| +105% | +$13.5M |
|
1861
CAVA Group
CAVA
$7.92B
| $28.7M | ﹤0.01% |
488,422
-105,669
| -18% | -$5.89M |
|
|
GRAL
1862
PUT
GRAIL Inc
GRAL
$3.55B
| $28.6M | ﹤0.01% |
334,600
+203,400
| +155% | +$17.6M |
|
|
1863
CALL
Pentair
PNR
$10B
| $28.6M | ﹤0.01% |
274,200
-11,500
| -4% | -$1.23M |
|
1864
CALL
Canadian Pacific Kansas City
CP
$83.3B
| $28.5M | ﹤0.01% |
387,200
-209,800
| -35% | -$15.4M |
|
|
USAR
1865
CALL
USA Rare Earth Inc
USAR
$4.63B
| $28.5M | ﹤0.01% |
2,394,900
+357,300
| +18% | +$6.81M |
|
1866
CALL
ADMA Biologics
ADMA
$2.16B
| $28.5M | ﹤0.01% |
1,562,100
+489,700
| +46% | +$8.25M |
|
|
KDK
1867
CALL
Kodiak AI
KDK
$792M
| $28.5M | ﹤0.01% |
2,606,500
+2,247,200
| +625% | +$18M |
|
1868
CALL
AES
AES
$10.5B
| $28.4M | ﹤0.01% |
1,978,000
-1,345,500
| -40% | -$19M |
|
1869
CALL
IQVIA
IQV
$43B
| $28.4M | ﹤0.01% |
125,800
-44,700
| -26% | -$9.73M |
|
1870
PUT
Toyota
TM
$227B
| $28.3M | ﹤0.01% |
132,200
-53,400
| -29% | -$10.8M |
|
1871
monday.com
MNDY
$3.91B
| $28.3M | ﹤0.01% |
191,625
+93,616
| +96% | +$15.8M |
|
1872
PUT
Huntington Bancshares
HBAN
$34.4B
| $28.3M | ﹤0.01% |
1,629,100
+1,242,700
| +322% | +$20.4M |
|
|
BLSH
1873
CALL
Bullish
BLSH
$5.02B
| $28.3M | ﹤0.01% |
746,000
-460,700
| -38% | -$22.4M |
|
1874
State Street SPDR S&P Retail ETF
XRT
$326M
| $28.2M | ﹤0.01% |
330,610
-17,975
| -5% | -$1.51M |
|
|
NNE
1875
CALL
Nano Nuclear Energy
NNE
$993M
| $28.2M | ﹤0.01% |
1,173,000
-74,800
| -6% | -$2.86M |
|
Similar funds
Jeff Yass's Q4 2025 Portfolio in Review
As of Q4 2025, Jeff Yass held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Jeff Yass added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Jeff Yass's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Jeff Yass fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Jeff Yass's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Jeff Yass opened 1,864 new positions and closed 1,914 in Q4 2025.
- Jeff Yass's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.