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 | |
|---|---|---|---|---|---|---|
2076
Digital Realty Trust
DLR
$71.8B
| $18.8M | ﹤0.01% |
107,665
+83,324
| +342% | +$13.6M |
|
2077
SiriusXM
SIRI
$9.61B
| $18.7M | ﹤0.01% |
816,082
+372,760
| +84% | +$8.02M |
|
2078
PUT
Saia
SAIA
$9.33B
| $18.7M | ﹤0.01% |
68,300
+40,900
| +149% | +$11.7M |
|
2079
Cleveland-Cliffs
CLF
$6.58B
| $18.7M | ﹤0.01% |
2,462,303
-1,337,426
| -35% | -$9.94M |
|
2080
CALL
Deutsche Bank
DB
$75.6B
| $18.7M | ﹤0.01% |
639,100
-340,800
| -35% | -$9M |
|
2081
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $18.7M | ﹤0.01% |
610,500
-339,600
| -36% | -$13.1M |
|
2082
CALL
National Grid
NGG
$81B
| $18.7M | ﹤0.01% |
254,705
+232,781
| +1,062% | +$16M |
|
2083
PUT
Charles River Laboratories
CRL
$14.1B
| $18.7M | ﹤0.01% |
123,100
+14,500
| +13% | +$1.93M |
|
|
GRAL
2084
PUT
GRAIL Inc
GRAL
$3.55B
| $18.6M | ﹤0.01% |
362,200
+197,600
| +120% | +$7.15M |
|
2085
iShares Russell 2000 Value ETF
IWN
$14.6B
| $18.6M | ﹤0.01% |
118,026
+37,701
| +47% | +$5.61M |
|
2086
CALL
J.M. Smucker
SJM
$14B
| $18.6M | ﹤0.01% |
189,600
+60,600
| +47% | +$6.66M |
|
|
VG
2087
CALL
Venture Global Inc
VG
$35.8B
| $18.6M | ﹤0.01% |
1,195,000
+784,900
| +191% | +$9.08M |
|
2088
CALL
Axsome Therapeutics
AXSM
$10.9B
| $18.6M | ﹤0.01% |
178,300
-126,000
| -41% | -$13.3M |
|
2089
iShares Russell 1000 ETF
IWB
$48.9B
| $18.6M | ﹤0.01% |
54,769
+52,745
| +2,606% | +$16.6M |
|
2090
CALL
Keysight
KEYS
$54.8B
| $18.6M | ﹤0.01% |
113,400
+31,400
| +38% | +$4.79M |
|
2091
Airbnb
ABNB
$111B
| $18.6M | ﹤0.01% |
140,338
+63,193
| +82% | +$8M |
|
2092
Zeta Global
ZETA
$7.09B
| $18.6M | ﹤0.01% |
1,198,928
+871,930
| +267% | +$11.6M |
|
2093
CALL
Public Service Enterprise Group
PEG
$36.9B
| $18.6M | ﹤0.01% |
220,600
-23,000
| -9% | -$1.85M |
|
|
AEVA
2094
CALL
Aeva Technologies
AEVA
$1.1B
| $18.5M | ﹤0.01% |
490,000
+431,400
| +736% | +$6.56M |
|
|
FL
2095
CALL
DELISTED
Foot Locker
FL
| $18.5M | ﹤0.01% |
755,500
+307,200
| +69% | +$5.58M |
|
2096
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$24.7B
| $18.5M | ﹤0.01% |
77,000
+58,800
| +323% | +$12.8M |
|
2097
CALL
Lincoln National
LNC
$8.29B
| $18.5M | ﹤0.01% |
533,800
+33,700
| +7% | +$1.1M |
|
2098
PUT
Aptiv
APTV
$9.61B
| $18.4M | ﹤0.01% |
270,400
+18,400
| +7% | +$1.14M |
|
2099
CALL
Invesco Solar ETF
TAN
$1.26B
| $18.4M | ﹤0.01% |
537,600
+193,500
| +56% | +$6.08M |
|
2100
CALL
Ultragenyx Pharmaceutical
RARE
$2.61B
| $18.4M | ﹤0.01% |
505,500
+394,800
| +357% | +$14.2M |
|
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.