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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
PUT
Stride
LRN
$3.52B
| $24.9M | ﹤0.01% |
166,900
+54,700
| +49% | +$8.02M |
|
1977
PUT
FMC
FMC
$1.36B
| $24.9M | ﹤0.01% |
739,100
+164,400
| +29% | +$6.41M |
|
1978
CALL
Sempra
SRE
$55.1B
| $24.9M | ﹤0.01% |
276,200
-135,300
| -33% | -$11M |
|
|
HOLX
1979
CALL
DELISTED
Hologic
HOLX
| $24.8M | ﹤0.01% |
368,200
+249,200
| +209% | +$16.5M |
|
|
1980
CALL
Stride
LRN
$3.52B
| $24.8M | ﹤0.01% |
166,700
+43,700
| +36% | +$6.41M |
|
1981
CALL
ResMed
RMD
$34.2B
| $24.8M | ﹤0.01% |
90,700
-37,500
| -29% | -$10.2M |
|
1982
CALL
Shake Shack
SHAK
$2.91B
| $24.8M | ﹤0.01% |
265,000
-35,400
| -12% | -$4.07M |
|
1983
CALL
Urban Outfitters
URBN
$6.9B
| $24.8M | ﹤0.01% |
347,200
+125,400
| +57% | +$9.22M |
|
|
PPL
1984
PUT
PPL Corp
PPL
$26B
| $24.8M | ﹤0.01% |
666,600
+187,300
| +39% | +$6.73M |
|
1985
Waste Management
WM
$87.2B
| $24.8M | ﹤0.01% |
112,160
+11
| +0% | +$2.48K |
|
1986
The Ensign Group
ENSG
$10.3B
| $24.7M | ﹤0.01% |
143,046
+21,167
| +17% | +$3.37M |
|
1987
Valero Energy
VLO
$99.4B
| $24.7M | ﹤0.01% |
145,099
+40,086
| +38% | +$5.98M |
|
1988
PUT
AGNC Investment
AGNC
$12.8B
| $24.7M | ﹤0.01% |
2,519,500
-261,700
| -9% | -$2.54M |
|
1989
Fidelity National Information Services
FIS
$21B
| $24.6M | ﹤0.01% |
373,550
+292,255
| +359% | +$21.3M |
|
1990
CALL
Brookfield
BN
$92.8B
| $24.6M | ﹤0.01% |
538,050
+43,950
| +9% | +$1.95M |
|
1991
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $24.5M | ﹤0.01% |
429,900
-58,100
| -12% | -$3.3M |
|
1992
Zoetis
ZTS
$31.3B
| $24.5M | ﹤0.01% |
167,416
+82,331
| +97% | +$12.4M |
|
1993
CALL
ProShares Ultra Silver
AGQ
$1.6B
| $24.5M | ﹤0.01% |
321,300
-117,900
| -27% | -$6.65M |
|
1994
CALL
Ambarella
AMBA
$3.11B
| $24.5M | ﹤0.01% |
296,400
+83,000
| +39% | +$6.03M |
|
|
ETNB
1995
PUT
DELISTED
89bio
ETNB
| $24.4M | ﹤0.01% |
1,660,900
+1,041,300
| +168% | +$10.6M |
|
1996
CALL
Bank of Montreal
BMO
$120B
| $24.4M | ﹤0.01% |
187,300
-39,600
| -17% | -$4.69M |
|
1997
JPMorgan Ultra-Short Income ETF
JPST
$40.8B
| $24.4M | ﹤0.01% |
+480,737
| New | +$24.3M |
|
|
VRNA
1998
CALL
DELISTED
Verona Pharma
VRNA
| $24.3M | ﹤0.01% |
227,800
-193,600
| -46% | -$20.2M |
|
1999
CALL
Global X Copper Miners ETF NEW
COPX
$8.73B
| $24.3M | ﹤0.01% |
406,400
+129,100
| +47% | +$6.24M |
|
2000
PUT
SharkNinja
SN
$26.5B
| $24.3M | ﹤0.01% |
235,600
-86,700
| -27% | -$9.9M |
|
Similar funds
Jeff Yass's Q3 2025 Portfolio in Review
As of Q3 2025, Jeff Yass held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q3 2025 filing shows 1,794 new, 5,240 increased, 5,148 reduced and 2,105 closed positions. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Jeff Yass added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Jeff Yass's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Jeff Yass fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Jeff Yass's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Jeff Yass opened 1,794 new positions and closed 2,105 in Q3 2025.
- Jeff Yass's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.