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 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.23% |
| 2 | Technology | 1.7% |
| 3 | Consumer Discretionary | 0.84% |
| 4 | Communication Services | 0.67% |
| 5 | Financials | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NNE
2301
PUT
Nano Nuclear Energy
NNE
$1.03B
| $18.4M | ﹤0.01% |
768,200
-316,200
| -29% | -$12.1M |
|
2302
HP
HPQ
$26.2B
| $18.4M | ﹤0.01% |
826,233
-197,644
| -19% | -$5.04M |
|
|
FAZ
2303
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$87.8M
| $18.4M | ﹤0.01% |
477,500
+216,900
| +83% | +$9.12M |
|
2304
PUT
Maximus
MMS
$3.13B
| $18.3M | ﹤0.01% |
212,400
+210,200
| +9,555% | +$18M |
|
2305
Energy Fuels
UUUU
$3.9B
| $18.3M | ﹤0.01% |
1,260,737
-5,409,501
| -81% | -$91.8M |
|
2306
CALL
Alcon
ALC
$35.2B
| $18.3M | ﹤0.01% |
232,100
+170,600
| +277% | +$13.1M |
|
2307
VF Corp
VFC
$5.42B
| $18.3M | ﹤0.01% |
1,011,508
-1,068,523
| -51% | -$17.3M |
|
2308
CALL
Globe Life
GL
$13.5B
| $18.3M | ﹤0.01% |
130,700
-57,900
| -31% | -$7.84M |
|
2309
CALL
Amprius Technologies
AMPX
$1.53B
| $18.2M | ﹤0.01% |
2,311,200
+682,000
| +42% | +$7.8M |
|
2310
abrdn Physical Palladium Shares ETF
PALL
$692M
| $18.2M | ﹤0.01% |
626,590
+547,125
| +689% | +$14.7M |
|
2311
PUT
VICI Properties
VICI
$28.5B
| $18.2M | ﹤0.01% |
646,800
+269,600
| +71% | +$8.01M |
|
2312
Pultegroup
PHM
$24.3B
| $18.2M | ﹤0.01% |
154,973
-6,303
| -4% | -$773K |
|
2313
Comfort Systems
FIX
$56.4B
| $18.2M | ﹤0.01% |
19,469
-3,847
| -16% | -$3.55M |
|
2314
CALL
Tyler Technologies
TYL
$15.2B
| $18.2M | ﹤0.01% |
40,000
+25,700
| +180% | +$12.2M |
|
2315
Trane Technologies
TT
$101B
| $18.2M | ﹤0.01% |
46,651
+16,817
| +56% | +$6.96M |
|
2316
PUT
Booz Allen Hamilton
BAH
$8.91B
| $18.1M | ﹤0.01% |
215,000
-34,300
| -14% | -$3.07M |
|
2317
CALL
Diageo
DEO
$51.5B
| $18.1M | ﹤0.01% |
209,600
+97,900
| +88% | +$9.02M |
|
2318
CALL
Baxter International
BAX
$13.7B
| $18.1M | ﹤0.01% |
946,100
+554,000
| +141% | +$11.1M |
|
2319
CALL
Dave Inc
DAVE
$4.77B
| $18.1M | ﹤0.01% |
81,600
-462,200
| -85% | -$99.4M |
|
2320
PUT
Equinox Gold
EQX
$15.7B
| $18.1M | ﹤0.01% |
1,286,500
+619,700
| +93% | +$7.82M |
|
2321
NexGen Energy
NXE
$7.47B
| $18.1M | ﹤0.01% |
1,963,298
-355,897
| -15% | -$3.14M |
|
2322
CALL
Ambarella
AMBA
$3.1B
| $18.1M | ﹤0.01% |
254,900
-41,500
| -14% | -$3.35M |
|
2323
PUT
iShares MSCI India ETF
INDA
$6.62B
| $18M | ﹤0.01% |
333,100
-44,500
| -12% | -$2.4M |
|
2324
iShares Expanded Tech-Software Sector ETF
IGV
$15B
| $18M | ﹤0.01% |
170,310
+84,835
| +99% | +$9.33M |
|
2325
Recursion Pharmaceuticals
RXRX
$1.86B
| $18M | ﹤0.01% |
4,396,104
-993,072
| -18% | -$4.92M |
|
Similar funds
Jeff Yass's Q4 2025 Portfolio in Review
As of Q4 2025, Jeff Yass held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Jeff Yass added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Jeff Yass's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Jeff Yass fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Jeff Yass's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Jeff Yass opened 1,864 new positions and closed 1,914 in Q4 2025.
- Jeff Yass's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.