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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.93% |
| 2 | Communication Services | 0.62% |
| 3 | Consumer Discretionary | 0.62% |
| 4 | Industrials | 0.48% |
| 5 | Healthcare | 0.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
CALL
Signet Jewelers
SIG
$3.29B
| $31.2M | ﹤0.01% |
361,800
+159,900
| +79% | +$13.8M |
|
1977
PUT
Celcuity
CELC
$4.51B
| $31.2M | ﹤0.01% |
297,900
+186,200
| +167% | +$21.5M |
|
1978
iShares MSCI USA Momentum Factor ETF
MTUM
$24.6B
| $31.2M | ﹤0.01% |
90,906
+72,646
| +398% | +$21.7M |
|
1979
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $31.1M | ﹤0.01% |
848,200
-171,000
| -17% | -$6.02M |
|
1980
CALL
BlackSky Technology
BKSY
$1.03B
| $31.1M | ﹤0.01% |
1,113,700
+267,700
| +32% | +$9.67M |
|
1981
CALL
Snap
SNAP
$10B
| $31.1M | ﹤0.01% |
6,996,200
-17,478,700
| -71% | -$95.6M |
|
1982
CALL
KeyCorp
KEY
$23.4B
| $31.1M | ﹤0.01% |
1,347,500
-826,300
| -38% | -$18M |
|
1983
CALL
Peabody Energy
BTU
$3.35B
| $31M | ﹤0.01% |
1,342,500
-123,300
| -8% | -$3.28M |
|
1984
CALL
TKO Group
TKO
$14.1B
| $31M | ﹤0.01% |
154,100
+53,500
| +53% | +$10.4M |
|
1985
CALL
Corcept Therapeutics
CORT
$13.4B
| $30.9M | ﹤0.01% |
355,800
+25,700
| +8% | +$1.55M |
|
1986
CALL
Illumina
ILMN
$34B
| $30.9M | ﹤0.01% |
175,800
-69,700
| -28% | -$10.2M |
|
1987
CALL
Unilever
UL
$140B
| $30.9M | ﹤0.01% |
513,800
+37,100
| +8% | +$2.14M |
|
1988
PUT
BorgWarner
BWA
$13.3B
| $30.8M | ﹤0.01% |
464,400
+123,500
| +36% | +$7.82M |
|
1989
VanEck Pharmaceutical ETF
PPH
$1.03B
| $30.8M | ﹤0.01% |
281,661
+197,450
| +234% | +$20.4M |
|
1990
PUT
BioNTech
BNTX
$28.6B
| $30.8M | ﹤0.01% |
330,800
-42,600
| -11% | -$4.01M |
|
1991
CALL
Pagaya Technologies
PGY
$1.86B
| $30.7M | ﹤0.01% |
1,683,700
+756,600
| +82% | +$10.7M |
|
1992
SiriusXM
SIRI
$9.68B
| $30.7M | ﹤0.01% |
1,037,874
+138,089
| +15% | +$3.71M |
|
1993
OneMain Financial
OMF
$7.27B
| $30.7M | ﹤0.01% |
502,787
-7,883
| -2% | -$444K |
|
1994
CALL
Monster Beverage
MNST
$95.5B
| $30.7M | ﹤0.01% |
637,800
-191,000
| -23% | -$8.03M |
|
1995
CALL
Raymond James Financial
RJF
$33.6B
| $30.6M | ﹤0.01% |
201,500
-6,700
| -3% | -$1.02M |
|
|
KRMN
1996
Karman Holdings
KRMN
$6.52B
| $30.6M | ﹤0.01% |
613,319
+526,863
| +609% | +$34.1M |
|
|
AMRZ
1997
CALL
Amrize Ltd
AMRZ
$24.2B
| $30.6M | ﹤0.01% |
573,700
+53,100
| +10% | +$2.88M |
|
1998
On Holding
ONON
$9.64B
| $30.6M | ﹤0.01% |
862,986
-208,207
| -19% | -$7.61M |
|
1999
PUT
NEOS Nasdaq 100 High Income ETF
QQQI
$14.1B
| $30.5M | ﹤0.01% |
537,700
-156,100
| -22% | -$8.58M |
|
2000
CALL
Ascendis Pharma A/S
ASND
$16.6B
| $30.4M | ﹤0.01% |
114,100
-191,400
| -63% | -$44.7M |
|
Similar funds
Jeff Yass's Q2 2026 Portfolio in Review
As of Q2 2026, Jeff Yass held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $142B of net new capital in Q2 2026, opening 1,956 new positions and adding to 5,793 existing holdings. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, up from 2% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.78B trimmed.
- Jeff Yass's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Jeff Yass's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Jeff Yass's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Jeff Yass opened 1,956 new positions and closed 1,748 in Q2 2026.
- Jeff Yass's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.