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 | |
|---|---|---|---|---|---|---|
2226
Halliburton
HAL
$28.7B
| $16.4M | ﹤0.01% |
803,295
+179,168
| +29% | +$3.76M |
|
2227
Zoom
ZM
$27.5B
| $16.3M | ﹤0.01% |
209,643
-42,508
| -17% | -$3.29M |
|
2228
CALL
GigaCloud Technology
GCT
$1.86B
| $16.3M | ﹤0.01% |
826,100
+220,900
| +37% | +$3.53M |
|
2229
CALL
ProShares UltraPro Short Dow 30
SDOW
$159M
| $16.3M | ﹤0.01% |
394,000
+88,900
| +29% | +$4.53M |
|
2230
Match Group
MTCH
$9.66B
| $16.3M | ﹤0.01% |
528,284
+33,870
| +7% | +$1.01M |
|
2231
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$254M
| $16.3M | ﹤0.01% |
716,900
-7,100
| -1% | -$149K |
|
2232
CALL
AMC Entertainment Holdings
AMC
$2.33B
| $16.3M | ﹤0.01% |
5,255,300
-3,252,800
| -38% | -$9.66M |
|
2233
PUT
Stride
LRN
$3.52B
| $16.3M | ﹤0.01% |
112,200
-31,500
| -22% | -$4.56M |
|
2234
Norwegian Cruise Line
NCLH
$7.85B
| $16.3M | ﹤0.01% |
802,636
+577,804
| +257% | +$10.3M |
|
2235
IonQ
IONQ
$16.2B
| $16.3M | ﹤0.01% |
378,800
+114,899
| +44% | +$3.85M |
|
2236
PUT
Icahn Enterprises
IEP
$4.84B
| $16.3M | ﹤0.01% |
2,019,100
+1,650,200
| +447% | +$14.1M |
|
|
PPL
2237
PUT
PPL Corp
PPL
$26.4B
| $16.2M | ﹤0.01% |
479,300
+87,300
| +22% | +$3.04M |
|
2238
Old Dominion Freight Line
ODFL
$41.4B
| $16.2M | ﹤0.01% |
100,078
+57,433
| +135% | +$9.16M |
|
2239
CALL
iShares S&P 500 Value ETF
IVE
$50.3B
| $16.2M | ﹤0.01% |
83,100
-23,300
| -22% | -$4.34M |
|
2240
PUT
Dropbox
DBX
$7.57B
| $16.2M | ﹤0.01% |
567,300
+364,100
| +179% | +$10.3M |
|
2241
CALL
GSK
GSK
$103B
| $16.2M | ﹤0.01% |
422,500
-52,600
| -11% | -$2.01M |
|
2242
Recursion Pharmaceuticals
RXRX
$1.87B
| $16.2M | ﹤0.01% |
3,205,339
+1,155,728
| +56% | +$5.68M |
|
2243
PUT
Symbotic
SYM
$5.27B
| $16.2M | ﹤0.01% |
417,400
+65,200
| +19% | +$1.71M |
|
2244
PUT
Steris
STE
$23.1B
| $16.2M | ﹤0.01% |
67,500
+61,000
| +938% | +$14.2M |
|
|
BULL
2245
CALL
Webull Corp
BULL
$4.65B
| $16.2M | ﹤0.01% |
+1,355,600
| New | +$21M |
|
2246
PUT
Elanco Animal Health
ELAN
$12.5B
| $16.2M | ﹤0.01% |
1,135,300
+949,300
| +510% | +$11.1M |
|
2247
Telephone and Data Systems
TDS
$3.83B
| $16.2M | ﹤0.01% |
455,610
+139,463
| +44% | +$4.89M |
|
2248
Sempra
SRE
$55.8B
| $16.2M | ﹤0.01% |
213,781
-46,391
| -18% | -$3.44M |
|
2249
PUT
Targa Resources
TRGP
$63B
| $16.2M | ﹤0.01% |
93,000
+7,300
| +9% | +$1.23M |
|
2250
Grayscale Bitcoin Trust
GBTC
$11.8B
| $16.2M | ﹤0.01% |
190,657
+156,198
| +453% | +$12.1M |
|
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's Q2 2025 filing shows 1,720 new, 5,716 increased, 5,055 reduced and 1,538 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B.
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.
- 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.