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 | |
|---|---|---|---|---|---|---|
2251
CALL
MKS Inc
MKSI
$18.4B
| $16.1M | ﹤0.01% |
162,400
+5,600
| +4% | +$455K |
|
2252
Southwest Airlines
LUV
$19.9B
| $16.1M | ﹤0.01% |
497,209
+115,811
| +30% | +$3.49M |
|
2253
CALL
Peabody Energy
BTU
$3.33B
| $16.1M | ﹤0.01% |
1,201,300
-379,200
| -24% | -$5M |
|
2254
CALL
Royalty Pharma
RPRX
$27.5B
| $16.1M | ﹤0.01% |
447,300
-105,100
| -19% | -$3.48M |
|
2255
CALL
Charles River Laboratories
CRL
$14.1B
| $16.1M | ﹤0.01% |
106,200
+71,400
| +205% | +$9.52M |
|
2256
CALL
Antero Midstream
AM
$10.7B
| $16.1M | ﹤0.01% |
850,000
+147,100
| +21% | +$2.63M |
|
2257
PUT
Vital Farms
VITL
$470M
| $16.1M | ﹤0.01% |
417,900
+187,600
| +81% | +$6.33M |
|
2258
CALL
Urban Outfitters
URBN
$7.1B
| $16.1M | ﹤0.01% |
221,800
+112,000
| +102% | +$6.73M |
|
2259
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$134M
| $16.1M | ﹤0.01% |
334,843
-264,806
| -44% | -$15.6M |
|
2260
CALL
SBA Communications
SBAC
$19.7B
| $16.1M | ﹤0.01% |
68,500
-36,300
| -35% | -$8.31M |
|
2261
RUM Group Inc
RUM
$4.65B
| $16.1M | ﹤0.01% |
1,790,929
+798,181
| +80% | +$6.82M |
|
2262
PUT
Roper Technologies
ROP
$40.9B
| $16M | ﹤0.01% |
28,300
-1,700
| -6% | -$961K |
|
2263
WIX.com
WIX
$3.44B
| $16M | ﹤0.01% |
101,052
-97,840
| -49% | -$15.8M |
|
2264
Southern Company
SO
$103B
| $16M | ﹤0.01% |
174,085
+91,098
| +110% | +$8.18M |
|
2265
CALL
Aecom
ACM
$8.38B
| $16M | ﹤0.01% |
141,600
-10,000
| -7% | -$1.04M |
|
2266
PUT
Vail Resorts
MTN
$5.3B
| $15.9M | ﹤0.01% |
101,500
-17,100
| -14% | -$2.54M |
|
2267
CALL
Invesco KBW Bank ETF
KBWB
$6.81B
| $15.9M | ﹤0.01% |
222,400
+115,100
| +107% | +$7.3M |
|
2268
Kroger
KR
$35.8B
| $15.9M | ﹤0.01% |
221,983
+167,934
| +311% | +$11.6M |
|
2269
PUT
Zimmer Biomet
ZBH
$19.3B
| $15.9M | ﹤0.01% |
174,400
+72,500
| +71% | +$7.01M |
|
|
K
2270
DELISTED
Kellanova
K
| $15.9M | ﹤0.01% |
199,860
+129,892
| +186% | +$10.6M |
|
2271
CALL
Logitech
LOGI
$14.3B
| $15.9M | ﹤0.01% |
176,000
+43,100
| +32% | +$3.5M |
|
2272
CALL
ProShares UltraShort Gold
GLL
$88.7M
| $15.8M | ﹤0.01% |
+355,850
| New | +$16.2M |
|
|
2273
Royalty Pharma
RPRX
$27.5B
| $15.8M | ﹤0.01% |
439,392
-932,234
| -68% | -$30.9M |
|
2274
Energy Fuels
UUUU
$3.92B
| $15.8M | ﹤0.01% |
2,752,674
+1,312,554
| +91% | +$6.3M |
|
2275
StoneCo
STNE
$2.24B
| $15.8M | ﹤0.01% |
986,461
+391,548
| +66% | +$5.22M |
|
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.