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 | |
|---|---|---|---|---|---|---|
2101
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.2B
| $18.3M | ﹤0.01% |
250,500
+91,000
| +57% | +$6M |
|
2102
CALL
Ouster
OUST
$2.59B
| $18.3M | ﹤0.01% |
754,900
+322,700
| +75% | +$3.92M |
|
|
P
2103
PUT
Everpure Inc
P
$36.2B
| $18.3M | ﹤0.01% |
317,600
+105,000
| +49% | +$5.22M |
|
2104
NRG Energy
NRG
$24.4B
| $18.3M | ﹤0.01% |
113,817
-41,933
| -27% | -$5.53M |
|
2105
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $18.3M | ﹤0.01% |
103,400
+2,600
| +3% | +$439K |
|
2106
CALL
Jacobs Solutions
J
$17.7B
| $18.3M | ﹤0.01% |
138,900
+67,291
| +94% | +$8.3M |
|
2107
CALL
Signet Jewelers
SIG
$3.25B
| $18.3M | ﹤0.01% |
229,500
-43,300
| -16% | -$2.88M |
|
2108
CALL
Alaska Air
ALK
$4.8B
| $18.2M | ﹤0.01% |
368,700
-869,000
| -70% | -$42.2M |
|
|
ETOR
2109
CALL
eToro Group
ETOR
$2.43B
| $18.2M | ﹤0.01% |
+273,000
| New | +$17.6M |
|
2110
PUT
Hyatt Hotels
H
$16.7B
| $18.1M | ﹤0.01% |
129,900
-2,700
| -2% | -$337K |
|
2111
PUT
XP
XP
$9.04B
| $18.1M | ﹤0.01% |
897,500
-1,800,800
| -67% | -$31.1M |
|
2112
Kinder Morgan
KMI
$71.3B
| $18.1M | ﹤0.01% |
615,867
+197,637
| +47% | +$5.42M |
|
2113
KE Holdings
BEKE
$19.7B
| $18.1M | ﹤0.01% |
1,020,593
-368,901
| -27% | -$7.1M |
|
2114
PUT
Mettler-Toledo International
MTD
$28B
| $18.1M | ﹤0.01% |
15,400
+2,500
| +19% | +$2.79M |
|
|
WCN
2115
PUT
Waste Connections
WCN
$42B
| $18.1M | ﹤0.01% |
96,800
-71,500
| -42% | -$13.8M |
|
|
VRNT
2116
DELISTED
Verint Systems
VRNT
| $18.1M | ﹤0.01% |
918,368
+748,983
| +442% | +$13.1M |
|
2117
CALL
Sportradar
SRAD
$3.83B
| $18M | ﹤0.01% |
642,300
+452,300
| +238% | +$10.7M |
|
2118
HCA Healthcare
HCA
$92.5B
| $18M | ﹤0.01% |
47,007
+13,095
| +39% | +$4.72M |
|
|
ETHA
2119
iShares Ethereum Trust ETF
ETHA
$7.68B
| $17.9M | ﹤0.01% |
939,054
+469,141
| +100% | +$7.8M |
|
2120
Solventum
SOLV
$15.6B
| $17.9M | ﹤0.01% |
236,098
+165,529
| +235% | +$11.7M |
|
2121
CALL
HF Sinclair
DINO
$17.2B
| $17.9M | ﹤0.01% |
435,100
+240,600
| +124% | +$8.28M |
|
2122
CALL
Stride
LRN
$3.52B
| $17.9M | ﹤0.01% |
123,000
+43,900
| +55% | +$6.35M |
|
2123
CALL
Cincinnati Financial
CINF
$26.5B
| $17.8M | ﹤0.01% |
119,800
-2,700
| -2% | -$387K |
|
|
CDTX
2124
PUT
DELISTED
Cidara Therapeutics
CDTX
| $17.8M | ﹤0.01% |
+366,200
| New | +$8.8M |
|
2125
Teladoc Health
TDOC
$1.15B
| $17.8M | ﹤0.01% |
2,046,273
+1,292,854
| +172% | +$9.37M |
|
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.