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 | |
|---|---|---|---|---|---|---|
201
CALL
American Express
AXP
$227B
| $661M | 0.08% |
1,988,900
+365,600
| +23% | +$116M |
|
202
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $658M | 0.08% |
5,495,200
-320,400
| -6% | -$36.7M |
|
203
PUT
Wells Fargo
WFC
$254B
| $656M | 0.08% |
7,826,700
-2,637,000
| -25% | -$214M |
|
204
PUT
Morgan Stanley
MS
$336B
| $650M | 0.07% |
4,088,700
+430,400
| +12% | +$63.6M |
|
205
CALL
Intuit
INTU
$100B
| $639M | 0.07% |
935,700
-19,800
| -2% | -$14.3M |
|
206
PUT
PayPal
PYPL
$52.7B
| $638M | 0.07% |
9,510,600
+2,521,400
| +36% | +$178M |
|
207
CALL
Lam Research
LRCX
$393B
| $638M | 0.07% |
4,762,700
-157,900
| -3% | -$16.7M |
|
208
PUT
Dell
DELL
$286B
| $637M | 0.07% |
4,490,900
+329,900
| +8% | +$42.8M |
|
209
PUT
Snowflake
SNOW
$115B
| $636M | 0.07% |
2,820,000
+153,300
| +6% | +$32.9M |
|
210
CALL
Pfizer
PFE
$160B
| $635M | 0.07% |
24,925,200
-675,300
| -3% | -$16.7M |
|
211
PUT
Chevron
CVX
$403B
| $635M | 0.07% |
4,087,300
-1,254,400
| -23% | -$194M |
|
212
PUT
GE Aerospace
GE
$361B
| $624M | 0.07% |
2,073,500
+186,700
| +10% | +$51M |
|
|
213
PUT
Lam Research
LRCX
$393B
| $622M | 0.07% |
4,643,400
+248,000
| +6% | +$26.3M |
|
|
TLN
214
CALL
Talen Energy Corp
TLN
$15.1B
| $619M | 0.07% |
1,455,400
+521,900
| +56% | +$189M |
|
215
CALL
Vertiv
VRT
$101B
| $619M | 0.07% |
4,100,600
-1,443,700
| -26% | -$193M |
|
216
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $615M | 0.07% |
13,723,200
+10,346,800
| +306% | +$468M |
|
217
Coinbase
COIN
$49.2B
| $615M | 0.07% |
1,820,816
+525,340
| +41% | +$178M |
|
218
CALL
McDonald's
MCD
$192B
| $613M | 0.07% |
2,016,400
+499,300
| +33% | +$152M |
|
219
PUT
MongoDB
MDB
$34.7B
| $612M | 0.07% |
1,970,800
+403,000
| +26% | +$104M |
|
|
220
PUT
Vertiv
VRT
$101B
| $607M | 0.07% |
4,023,600
-501,400
| -11% | -$66.9M |
|
221
CALL
Blackstone
BX
$108B
| $603M | 0.07% |
3,529,600
+101,000
| +3% | +$17.3M |
|
222
PUT
Super Micro Computer
SMCI
$24.1B
| $596M | 0.07% |
12,425,100
+787,900
| +7% | +$37.6M |
|
|
223
CALL
Morgan Stanley
MS
$336B
| $594M | 0.07% |
3,737,100
+308,000
| +9% | +$45.5M |
|
224
CALL
Bloom Energy
BE
$59.3B
| $593M | 0.07% |
7,017,700
+4,901,100
| +232% | +$228M |
|
225
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $590M | 0.07% |
19,038,900
+10,390,700
| +120% | +$297M |
|
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 deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
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.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- 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.