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 | Miscellaneous | 94.35% |
| 2 | Technology | 1.74% |
| 3 | Consumer Discretionary | 0.9% |
| 4 | Financials | 0.71% |
| 5 | Communication Services | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Vanguard World Funds Extended Duration ETF
EDV
$3.55B
| $24.2M | ﹤0.01% |
353,800
+135,500
| +62% | +$8.95M |
|
2002
Lockheed Martin
LMT
$130B
| $24.2M | ﹤0.01% |
48,479
-208,257
| -81% | -$94.5M |
|
2003
Agnico Eagle Mines
AEM
$109B
| $24.2M | ﹤0.01% |
143,541
+28,481
| +25% | +$3.91M |
|
2004
PUT
Neurocrine Biosciences
NBIX
$15.8B
| $24.2M | ﹤0.01% |
172,300
+93,200
| +118% | +$12.6M |
|
|
PPLT
2005
PUT
abrdn Physical Platinum Shares ETF
PPLT
$2.19B
| $24.2M | ﹤0.01% |
+1,692,000
| New | +$21.4M |
|
2006
PUT
Exelixis
EXEL
$13.8B
| $24.1M | ﹤0.01% |
584,500
+188,300
| +48% | +$7.57M |
|
2007
CALL
Energy Fuels
UUUU
$3.9B
| $24.1M | ﹤0.01% |
1,572,400
+615,400
| +64% | +$6.54M |
|
2008
PUT
Academy Sports + Outdoors
ASO
$2.67B
| $24.1M | ﹤0.01% |
482,400
+371,800
| +336% | +$19M |
|
2009
PUT
Zeta Global
ZETA
$7.42B
| $24.1M | ﹤0.01% |
1,213,200
+255,700
| +27% | +$4.59M |
|
2010
PUT
Bank of Montreal
BMO
$120B
| $24M | ﹤0.01% |
184,600
+57,800
| +46% | +$6.84M |
|
|
AVDL
2011
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
| $24M | ﹤0.01% |
1,573,800
+1,533,000
| +3,757% | +$19.9M |
|
|
MRSH
2012
CALL
Marsh
MRSH
$90.7B
| $24M | ﹤0.01% |
119,200
+2,100
| +2% | +$432K |
|
2013
GraniteShares 2x Long COIN Daily ETF
CONL
$703M
| $24M | ﹤0.01% |
+641,395
| New | +$26.2M |
|
2014
iShares Russell 1000 Growth ETF
IWF
$127B
| $24M | ﹤0.01% |
204,748
+57,080
| +39% | +$6.36M |
|
2015
PUT
Cytokinetics
CYTK
$11B
| $24M | ﹤0.01% |
436,200
+224,300
| +106% | +$9.24M |
|
2016
O'Reilly Automotive
ORLY
$71.3B
| $24M | ﹤0.01% |
222,357
-142,510
| -39% | -$14.3M |
|
2017
PUT
Blue Owl Capital
OWL
$8.28B
| $24M | ﹤0.01% |
1,415,200
+419,700
| +42% | +$7.98M |
|
|
EXAS
2018
CALL
DELISTED
Exact Sciences
EXAS
| $23.9M | ﹤0.01% |
437,000
-83,400
| -16% | -$4.17M |
|
|
SCHW
2019
Charles Schwab
SCHW
$186B
| $23.8M | ﹤0.01% |
249,161
-50,656
| -17% | -$4.81M |
|
2020
CALL
TotalEnergies
TTE
$191B
| $23.7M | ﹤0.01% |
397,500
-581,400
| -59% | -$35.8M |
|
|
CIVI
2021
CALL
DELISTED
Civitas Resources
CIVI
| $23.7M | ﹤0.01% |
730,000
-387,600
| -35% | -$12.4M |
|
2022
PUT
Lincoln National
LNC
$8.32B
| $23.7M | ﹤0.01% |
587,500
-9,100
| -2% | -$352K |
|
2023
SiteOne Landscape Supply
SITE
$4.17B
| $23.7M | ﹤0.01% |
183,853
+128,969
| +235% | +$17.5M |
|
2024
CALL
KeyCorp
KEY
$23.4B
| $23.7M | ﹤0.01% |
1,265,600
-302,600
| -19% | -$5.6M |
|
2025
CALL
HEICO Corp
HEI
$46.9B
| $23.6M | ﹤0.01% |
73,200
+29,400
| +67% | +$9.36M |
|
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 Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.