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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.93% |
| 2 | Communication Services | 0.62% |
| 3 | Consumer Discretionary | 0.62% |
| 4 | Industrials | 0.48% |
| 5 | Healthcare | 0.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
PUT
Zillow
Z
$8.12B
| $24.7M | ﹤0.01% |
784,200
+241,700
| +45% | +$9.29M |
|
2227
PUT
Factset
FDS
$10.5B
| $24.7M | ﹤0.01% |
107,400
-15,200
| -12% | -$3.49M |
|
|
IDEF
2228
iShares Defense Industrials Active ETF
IDEF
$4.44B
| $24.7M | ﹤0.01% |
776,896
+698,084
| +886% | +$23.1M |
|
|
SPYM
2229
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $24.7M | ﹤0.01% |
280,800
+94,400
| +51% | +$8.05M |
|
2230
PUT
Deutsche Bank
DB
$73.4B
| $24.7M | ﹤0.01% |
730,900
-509,700
| -41% | -$16.5M |
|
2231
PUT
Cytokinetics
CYTK
$10.8B
| $24.7M | ﹤0.01% |
289,600
-39,400
| -12% | -$2.83M |
|
2232
PUT
Bilibili
BILI
$6.93B
| $24.6M | ﹤0.01% |
1,446,400
+178,000
| +14% | +$3.61M |
|
2233
PUT
Blackstone Secured Lending
BXSL
$5.78B
| $24.6M | ﹤0.01% |
1,037,600
+179,400
| +21% | +$4.28M |
|
2234
Duolingo
DUOL
$6.83B
| $24.6M | ﹤0.01% |
213,697
+135,585
| +174% | +$14.8M |
|
|
GRAL
2235
PUT
GRAIL Inc
GRAL
$3.69B
| $24.6M | ﹤0.01% |
359,800
+22,000
| +7% | +$1.3M |
|
2236
FIVE9
FIVN
$2.41B
| $24.5M | ﹤0.01% |
1,149,493
+483,150
| +73% | +$9.54M |
|
2237
Molina Healthcare
MOH
$10.4B
| $24.5M | ﹤0.01% |
107,153
-140,508
| -57% | -$25.5M |
|
|
GAP
2238
PUT
The Gap Inc
GAP
$7.25B
| $24.5M | ﹤0.01% |
1,311,700
+166,900
| +15% | +$3.85M |
|
2239
PUT
Brighthouse Financial
BHF
$2.98B
| $24.5M | ﹤0.01% |
387,000
-180,100
| -32% | -$11.2M |
|
2240
CALL
Alexandria Real Estate Equities
ARE
$9.1B
| $24.5M | ﹤0.01% |
463,200
-133,200
| -22% | -$6.37M |
|
2241
PUT
Trip.com Group
TCOM
$29B
| $24.5M | ﹤0.01% |
614,300
-584,900
| -49% | -$29M |
|
2242
CALL
Consolidated Edison
ED
$39.6B
| $24.5M | ﹤0.01% |
221,100
-72,200
| -25% | -$7.85M |
|
2243
PUT
Wendy's
WEN
$1.74B
| $24.4M | ﹤0.01% |
2,948,100
+2,382,200
| +421% | +$17M |
|
2244
PUT
Ares Capital
ARCC
$14.3B
| $24.4M | ﹤0.01% |
1,315,100
-54,000
| -4% | -$1.01M |
|
2245
CALL
Innovative Industrial Properties
IIPR
$1.59B
| $24.4M | ﹤0.01% |
392,900
+83,200
| +27% | +$4.67M |
|
2246
PUT
Hubbell
HUBB
$24.5B
| $24.3M | ﹤0.01% |
46,500
+30,400
| +189% | +$15.4M |
|
2247
Essential Utilities
WTRG
$11.6B
| $24.3M | ﹤0.01% |
633,877
-854,666
| -57% | -$32.6M |
|
2248
Motorola Solutions
MSI
$80.3B
| $24.3M | ﹤0.01% |
58,451
+23,587
| +68% | +$9.87M |
|
2249
CALL
Piper Sandler
PIPR
$5.28B
| $24.3M | ﹤0.01% |
335,400
-19,700
| -6% | -$1.6M |
|
2250
CALL
Constellium
CSTM
$3.67B
| $24.2M | ﹤0.01% |
760,700
+188,800
| +33% | +$6.1M |
|
Similar funds
Jeff Yass's Q2 2026 Portfolio in Review
As of Q2 2026, Jeff Yass held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $142B of net new capital in Q2 2026, opening 1,956 new positions and adding to 5,793 existing holdings. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, up from 2% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $1.78B trimmed.
- Jeff Yass's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Jeff Yass's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Jeff Yass's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Jeff Yass opened 1,956 new positions and closed 1,748 in Q2 2026.
- Jeff Yass's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.