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 | |
|---|---|---|---|---|---|---|
2326
Fortinet
FTNT
$116B
| $15.2M | ﹤0.01% |
143,764
+21,466
| +18% | +$2.17M |
|
2327
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $15.2M | ﹤0.01% |
87,475
+12,695
| +17% | +$1.79M |
|
2328
Tenet Healthcare
THC
$22.1B
| $15.2M | ﹤0.01% |
86,204
+35,178
| +69% | +$5.3M |
|
2329
CALL
Boot Barn
BOOT
$4.84B
| $15.2M | ﹤0.01% |
99,700
-37,600
| -27% | -$4.99M |
|
2330
CALL
Delek US
DK
$4.34B
| $15.2M | ﹤0.01% |
715,400
+416,900
| +140% | +$7.01M |
|
2331
Duke Energy
DUK
$95B
| $15.1M | ﹤0.01% |
128,382
+59,894
| +87% | +$7.07M |
|
2332
CALL
Qorvo
QRVO
$8.39B
| $15.1M | ﹤0.01% |
177,800
-22,300
| -11% | -$1.61M |
|
2333
State Street SPDR S&P Biotech ETF
XBI
$11.7B
| $15.1M | ﹤0.01% |
181,999
-279,313
| -61% | -$22.3M |
|
2334
CALL
RB Global
RBA
$15.9B
| $15.1M | ﹤0.01% |
142,000
+61,200
| +76% | +$6.27M |
|
2335
CALL
iShares MSCI Taiwan ETF
EWT
$11.5B
| $15.1M | ﹤0.01% |
262,600
+217,100
| +477% | +$11.1M |
|
2336
Annaly Capital Management
NLY
$17.2B
| $15.1M | ﹤0.01% |
800,517
+702,881
| +720% | +$13.4M |
|
2337
CALL
FIVE9
FIVN
$2.39B
| $15M | ﹤0.01% |
567,800
+166,000
| +41% | +$4.32M |
|
2338
Medtronic
MDT
$118B
| $15M | ﹤0.01% |
172,365
+69,694
| +68% | +$5.91M |
|
2339
CALL
Zebra Technologies
ZBRA
$17B
| $15M | ﹤0.01% |
48,700
+23,800
| +96% | +$6.46M |
|
2340
CALL
Comfort Systems
FIX
$56.9B
| $15M | ﹤0.01% |
28,000
-4,000
| -13% | -$1.74M |
|
2341
CALL
ArcelorMittal
MT
$56.2B
| $15M | ﹤0.01% |
475,100
-133,200
| -22% | -$3.94M |
|
2342
Banco Macro
BMA
$4.99B
| $15M | ﹤0.01% |
213,240
+174,747
| +454% | +$14.4M |
|
2343
CALL
Texas Roadhouse
TXRH
$13.4B
| $15M | ﹤0.01% |
79,800
-71,100
| -47% | -$12.8M |
|
2344
CALL
Pentair
PNR
$10B
| $14.9M | ﹤0.01% |
145,500
+100,400
| +223% | +$9.37M |
|
2345
PUT
SentinelOne
S
$7.03B
| $14.9M | ﹤0.01% |
815,500
+51,500
| +7% | +$942K |
|
2346
iShares MSCI EAFE Growth ETF
EFG
$17.2B
| $14.9M | ﹤0.01% |
+132,898
| New | +$14M |
|
2347
CALL
Kyndryl
KD
$2.76B
| $14.9M | ﹤0.01% |
354,300
-87,100
| -20% | -$3.15M |
|
|
TPC
2348
CALL
Tutor Perini Cor
TPC
$4.65B
| $14.9M | ﹤0.01% |
317,600
+174,000
| +121% | +$5.54M |
|
2349
CALL
EPAM Systems
EPAM
$5.64B
| $14.9M | ﹤0.01% |
84,000
-55,200
| -40% | -$9.23M |
|
2350
CALL
OneMain Financial
OMF
$7.26B
| $14.8M | ﹤0.01% |
260,500
+92,400
| +55% | +$4.61M |
|
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.