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 | |
|---|---|---|---|---|---|---|
2176
Allstate
ALL
$66.2B
| $17M | ﹤0.01% |
84,318
+49,815
| +144% | +$9.94M |
|
2177
B2Gold
BTG
$7.58B
| $17M | ﹤0.01% |
4,698,214
+1,674,609
| +55% | +$5.5M |
|
2178
PUT
Joby Aviation
JOBY
$7.06B
| $17M | ﹤0.01% |
1,607,000
-173,100
| -10% | -$1.25M |
|
2179
CALL
ADMA Biologics
ADMA
$2.16B
| $16.9M | ﹤0.01% |
930,600
+109,300
| +13% | +$2.23M |
|
2180
Ormat Technologies
ORA
$6.36B
| $16.9M | ﹤0.01% |
202,081
+73,950
| +58% | +$5.53M |
|
|
JNPR
2181
CALL
DELISTED
Juniper Networks
JNPR
| $16.9M | ﹤0.01% |
423,800
-108,800
| -20% | -$3.9M |
|
2182
CALL
Vornado Realty Trust
VNO
$7.27B
| $16.9M | ﹤0.01% |
442,000
+277,100
| +168% | +$10.4M |
|
|
RDFN
2183
CALL
DELISTED
Redfin
RDFN
| $16.9M | ﹤0.01% |
1,508,900
-824,400
| -35% | -$8.09M |
|
2184
PUT
Ultragenyx Pharmaceutical
RARE
$2.61B
| $16.9M | ﹤0.01% |
463,600
+280,900
| +154% | +$10.1M |
|
2185
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$110B
| $16.8M | ﹤0.01% |
240,800
+7,200
| +3% | +$473K |
|
2186
CALL
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $16.8M | ﹤0.01% |
271,300
+91,300
| +51% | +$5.36M |
|
2187
CALL
MasTec
MTZ
$20B
| $16.8M | ﹤0.01% |
98,600
+21,200
| +27% | +$3.05M |
|
2188
CALL
XP
XP
$9.04B
| $16.8M | ﹤0.01% |
831,500
-839,500
| -50% | -$14.5M |
|
2189
United States Oil Fund
USO
$1.99B
| $16.8M | ﹤0.01% |
229,604
-228,450
| -50% | -$16M |
|
2190
CALL
uniQure
QURE
$3.53B
| $16.8M | ﹤0.01% |
1,202,200
+830,200
| +223% | +$11.2M |
|
2191
Vanguard FTSE Pacific ETF
VPL
$8.55B
| $16.7M | ﹤0.01% |
203,399
+157,203
| +340% | +$12M |
|
2192
PUT
Cinemark Holdings
CNK
$4.3B
| $16.7M | ﹤0.01% |
553,700
+143,500
| +35% | +$4.34M |
|
2193
Modine Manufacturing
MOD
$9.95B
| $16.7M | ﹤0.01% |
169,608
-90,480
| -35% | -$8.07M |
|
2194
CALL
POET Technologies
POET
$1.4B
| $16.7M | ﹤0.01% |
3,204,300
+1,006,800
| +46% | +$4.24M |
|
2195
CALL
Guidewire Software
GWRE
$15.9B
| $16.7M | ﹤0.01% |
70,900
+10,800
| +18% | +$2.32M |
|
2196
CALL
Macy's
M
$6B
| $16.7M | ﹤0.01% |
1,431,100
-249,100
| -15% | -$2.89M |
|
|
ANSS
2197
CALL
DELISTED
Ansys
ANSS
| $16.7M | ﹤0.01% |
47,500
+11,200
| +31% | +$3.67M |
|
2198
CALL
Sweetgreen
SG
$815M
| $16.7M | ﹤0.01% |
1,120,800
+516,900
| +86% | +$8.52M |
|
2199
CALL
Cenovus Energy
CVE
$58.1B
| $16.7M | ﹤0.01% |
1,226,200
-583,100
| -32% | -$7.57M |
|
2200
PUT
GoDaddy
GDDY
$12.1B
| $16.7M | ﹤0.01% |
92,600
-40,400
| -30% | -$7.25M |
|
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.