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 | |
|---|---|---|---|---|---|---|
2326
PUT
ProShares Short S&P500
SH
$826M
| $18M | ﹤0.01% |
498,700
-49,500
| -9% | -$1.81M |
|
2327
Gartner
IT
$12.6B
| $18M | ﹤0.01% |
71,220
+48,147
| +209% | +$11.6M |
|
2328
CALL
Infosys
INFY
$48.4B
| $18M | ﹤0.01% |
1,007,700
+711,800
| +241% | +$12.3M |
|
2329
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.41B
| $17.9M | ﹤0.01% |
66,500
+33,600
| +102% | +$9.21M |
|
2330
PUT
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.9B
| $17.8M | ﹤0.01% |
234,100
-1,817,900
| -89% | -$159M |
|
2331
Rockwell Automation
ROK
$48B
| $17.8M | ﹤0.01% |
45,792
+9,897
| +28% | +$3.72M |
|
2332
CALL
Quantum Computing Inc
QUBT
$1.97B
| $17.8M | ﹤0.01% |
1,736,200
+285,600
| +20% | +$4.06M |
|
2333
PUT
Labcorp
LH
$27.6B
| $17.8M | ﹤0.01% |
71,000
-56,600
| -44% | -$15M |
|
2334
Mettler-Toledo International
MTD
$28.5B
| $17.8M | ﹤0.01% |
12,773
+9,871
| +340% | +$13.8M |
|
2335
PUT
Medpace
MEDP
$17.1B
| $17.8M | ﹤0.01% |
31,700
-86,400
| -73% | -$49M |
|
|
GPGI
2336
GPGI Inc
GPGI
$4.01B
| $17.8M | ﹤0.01% |
921,277
-86,102
| -9% | -$1.72M |
|
2337
PUT
Signet Jewelers
SIG
$3.21B
| $17.7M | ﹤0.01% |
214,000
+50,800
| +31% | +$4.83M |
|
2338
DuPont de Nemours
DD
$18.8B
| $17.7M | ﹤0.01% |
146,939
+98,428
| +203% | +$11.1M |
|
2339
PUT
GDS Holdings
GDS
$6.74B
| $17.7M | ﹤0.01% |
506,700
-263,400
| -34% | -$9.11M |
|
2340
CALL
Corteva
CTVA
$55.1B
| $17.6M | ﹤0.01% |
263,300
-38,700
| -13% | -$2.5M |
|
2341
CALL
Paycom
PAYC
$10.7B
| $17.6M | ﹤0.01% |
110,600
+41,300
| +60% | +$7.32M |
|
2342
Autodesk
ADSK
$56.8B
| $17.6M | ﹤0.01% |
59,531
-66,285
| -53% | -$20.1M |
|
2343
PUT
Ambarella
AMBA
$3.1B
| $17.6M | ﹤0.01% |
248,700
-157,200
| -39% | -$12.7M |
|
2344
PUT
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.31B
| $17.6M | ﹤0.01% |
238,300
+203,300
| +581% | +$14.6M |
|
|
AMTM
2345
CALL
Amentum Holdings
AMTM
$5.01B
| $17.6M | ﹤0.01% |
607,200
+300,700
| +98% | +$7.69M |
|
2346
VSE Corp
VSEC
$6.24B
| $17.6M | ﹤0.01% |
101,735
+37,679
| +59% | +$6.44M |
|
2347
CALL
Ormat Technologies
ORA
$6.41B
| $17.6M | ﹤0.01% |
159,000
-79,900
| -33% | -$8.74M |
|
2348
PUT
Frontline
FRO
$9.7B
| $17.6M | ﹤0.01% |
804,600
+356,200
| +79% | +$8.33M |
|
2349
CALL
TKO Group
TKO
$13.5B
| $17.6M | ﹤0.01% |
84,000
-202,900
| -71% | -$39.4M |
|
2350
CALL
Mineralys Therapeutics
MLYS
$2.26B
| $17.6M | ﹤0.01% |
+483,700
| New | +$19.4M |
|
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.