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 | |
|---|---|---|---|---|---|---|
1951
CALL
Alerian MLP ETF
AMLP
$13.4B
| $21.1M | ﹤0.01% |
431,900
+229,200
| +113% | +$11.1M |
|
1952
PUT
Boston Properties
BXP
$11.2B
| $21.1M | ﹤0.01% |
312,600
+90,700
| +41% | +$6.04M |
|
1953
PTC Therapeutics
PTCT
$6.07B
| $21.1M | ﹤0.01% |
431,730
+325,663
| +307% | +$15.5M |
|
1954
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.4B
| $21.1M | ﹤0.01% |
387,429
-100,558
| -21% | -$5.18M |
|
1955
PUT
Invesco Solar ETF
TAN
$1.26B
| $21.1M | ﹤0.01% |
615,000
+172,300
| +39% | +$5.41M |
|
|
ROBN
1956
PUT
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$141M
| $21M | ﹤0.01% |
+402,300
| New | +$9.43M |
|
|
1957
PUT
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.4B
| $21M | ﹤0.01% |
386,900
-2,400
| -0.6% | -$124K |
|
1958
News Corp Class A
NWSA
$16.6B
| $21M | ﹤0.01% |
707,461
-79,830
| -10% | -$2.19M |
|
1959
PUT
Ares Capital
ARCC
$14.3B
| $21M | ﹤0.01% |
957,400
+399,100
| +71% | +$8.49M |
|
1960
PUT
The GEO Group
GEO
$4.31B
| $21M | ﹤0.01% |
877,700
-276,700
| -24% | -$7.56M |
|
1961
CALL
Vanguard Russell 2000 ETF
VTWO
$17.2B
| $21M | ﹤0.01% |
240,800
+187,200
| +349% | +$15.2M |
|
1962
CALL
Sanmina
SANM
$10.6B
| $20.9M | ﹤0.01% |
213,800
+207,800
| +3,463% | +$17.2M |
|
1963
CALL
TransUnion
TRU
$16.2B
| $20.9M | ﹤0.01% |
237,600
+74,100
| +45% | +$6.18M |
|
1964
iShares MSCI Canada ETF
EWC
$6.91B
| $20.9M | ﹤0.01% |
451,726
+14,314
| +3% | +$619K |
|
1965
PUT
Peabody Energy
BTU
$3.33B
| $20.9M | ﹤0.01% |
1,554,700
+660,500
| +74% | +$8.72M |
|
1966
CALL
ProShares Ultra Silver
AGQ
$1.6B
| $20.9M | ﹤0.01% |
439,200
-848,100
| -66% | -$35.8M |
|
1967
Autodesk
ADSK
$53.8B
| $20.8M | ﹤0.01% |
67,104
+39,958
| +147% | +$11.3M |
|
1968
PUT
Ball Corp
BALL
$17B
| $20.7M | ﹤0.01% |
369,000
+259,300
| +236% | +$13.5M |
|
|
1969
Vanguard Russell 2000 ETF
VTWO
$17.2B
| $20.7M | ﹤0.01% |
237,265
+65,130
| +38% | +$5.3M |
|
1970
EXL Service
EXLS
$5.69B
| $20.7M | ﹤0.01% |
472,575
+278,297
| +143% | +$12.7M |
|
1971
American International
AIG
$40.2B
| $20.7M | ﹤0.01% |
241,667
-106,446
| -31% | -$8.86M |
|
|
BRSL
1972
CALL
Brightstar Lottery PLC
BRSL
$2.1B
| $20.7M | ﹤0.01% |
1,307,300
+463,000
| +55% | +$7.28M |
|
1973
HubSpot
HUBS
$11.8B
| $20.7M | ﹤0.01% |
37,125
+26,504
| +250% | +$15.5M |
|
1974
PUT
Lincoln National
LNC
$8.29B
| $20.6M | ﹤0.01% |
596,600
+157,300
| +36% | +$5.15M |
|
|
MPT
1975
CALL
Medical Properties Trust
MPT
$2.44B
| $20.6M | ﹤0.01% |
4,788,700
-750,800
| -14% | -$3.71M |
|
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.