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 | |
|---|---|---|---|---|---|---|
1901
CALL
Joby Aviation
JOBY
$7.06B
| $22.2M | ﹤0.01% |
2,102,500
-499,800
| -19% | -$3.62M |
|
1902
CALL
SharkNinja
SN
$26.6B
| $22.2M | ﹤0.01% |
224,000
+45,700
| +26% | +$3.95M |
|
1903
PUT
Franco-Nevada
FNV
$51.6B
| $22.1M | ﹤0.01% |
135,100
-63,100
| -32% | -$10.4M |
|
1904
PUT
ACM Research
ACMR
$5.51B
| $22.1M | ﹤0.01% |
854,300
+265,300
| +45% | +$5.97M |
|
|
GMS
1905
PUT
DELISTED
GMS Inc
GMS
| $22.1M | ﹤0.01% |
202,900
+198,400
| +4,409% | +$15.3M |
|
|
PTIR
1906
PUT
GraniteShares 2x Long PLTR Daily ETF
PTIR
$353M
| $22.1M | ﹤0.01% |
1,134,000
+73,500
| +7% | +$1.15M |
|
1907
PUT
Universal Health Services
UHS
$10.5B
| $22M | ﹤0.01% |
121,500
+27,100
| +29% | +$4.89M |
|
1908
Range Resources
RRC
$9.71B
| $22M | ﹤0.01% |
540,449
+305,091
| +130% | +$11.5M |
|
|
NVMI
1909
PUT
Nova
NVMI
$11.7B
| $21.9M | ﹤0.01% |
79,600
-58,800
| -42% | -$12M |
|
1910
PUT
VF Corp
VFC
$5.46B
| $21.9M | ﹤0.01% |
1,860,000
-219,000
| -11% | -$2.71M |
|
1911
Ares Management
ARES
$32B
| $21.8M | ﹤0.01% |
126,144
-22,647
| -15% | -$3.58M |
|
1912
PUT
Deutsche Bank
DB
$75.6B
| $21.8M | ﹤0.01% |
744,300
-130,400
| -15% | -$3.44M |
|
1913
CALL
Noble Corp
NE
$7.21B
| $21.8M | ﹤0.01% |
820,700
+489,700
| +148% | +$11.8M |
|
1914
CALL
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $21.7M | ﹤0.01% |
389,400
+103,700
| +36% | +$5.4M |
|
1915
LyondellBasell Industries
LYB
$20.2B
| $21.7M | ﹤0.01% |
375,249
+355,634
| +1,813% | +$20.7M |
|
1916
CALL
Procore
PCOR
$9.18B
| $21.7M | ﹤0.01% |
316,800
-20,000
| -6% | -$1.31M |
|
1917
PUT
EPAM Systems
EPAM
$5.64B
| $21.7M | ﹤0.01% |
122,500
-58,400
| -32% | -$9.76M |
|
1918
PUT
Shift4
FOUR
$3.65B
| $21.7M | ﹤0.01% |
218,500
+35,100
| +19% | +$3.06M |
|
1919
CALL
Sterling Infrastructure
STRL
$15.2B
| $21.6M | ﹤0.01% |
93,800
+58,900
| +169% | +$10.3M |
|
1920
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.34B
| $21.6M | ﹤0.01% |
13,668
+129
| +1% | +$438K |
|
1921
CALL
Tractor Supply
TSCO
$18.2B
| $21.6M | ﹤0.01% |
408,500
+116,800
| +40% | +$5.97M |
|
1922
CALL
Equinor
EQNR
$98B
| $21.6M | ﹤0.01% |
857,300
+315,400
| +58% | +$7.63M |
|
1923
iShares ESG Aware MSCI EM ETF
ESGE
$6.91B
| $21.5M | ﹤0.01% |
549,748
+397,849
| +262% | +$14.4M |
|
|
ACLX
1924
PUT
DELISTED
Arcellx
ACLX
| $21.5M | ﹤0.01% |
326,800
+322,100
| +6,853% | +$20.1M |
|
1925
Silicon Laboratories
SLAB
$7.3B
| $21.5M | ﹤0.01% |
146,002
+106,904
| +273% | +$12.6M |
|
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.