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 | |
|---|---|---|---|---|---|---|
2351
PUT
Zeta Global
ZETA
$7.3B
| $14.8M | ﹤0.01% |
957,500
+484,000
| +102% | +$6.43M |
|
2352
CALL
iShares S&P 500 Growth ETF
IVW
$76.7B
| $14.8M | ﹤0.01% |
134,700
+12,200
| +10% | +$1.21M |
|
2353
PUT
West Pharmaceutical
WST
$24.7B
| $14.8M | ﹤0.01% |
67,700
-21,400
| -24% | -$4.57M |
|
2354
Archer Daniels Midland
ADM
$38.8B
| $14.8M | ﹤0.01% |
280,367
-17,599
| -6% | -$856K |
|
2355
AeroVironment
AVAV
$7.41B
| $14.8M | ﹤0.01% |
51,850
-36,187
| -41% | -$6.13M |
|
2356
PUT
Group 1 Automotive
GPI
$3.13B
| $14.8M | ﹤0.01% |
33,800
-6,500
| -16% | -$2.73M |
|
2357
BigBear.ai
BBAI
$1.48B
| $14.7M | ﹤0.01% |
2,170,570
+343,465
| +19% | +$1.24M |
|
2358
CALL
Ovintiv
OVV
$17.9B
| $14.7M | ﹤0.01% |
386,600
+116,100
| +43% | +$4.26M |
|
|
CWAN
2359
CALL
DELISTED
Clearwater Analytics
CWAN
| $14.7M | ﹤0.01% |
670,600
+422,300
| +170% | +$9.72M |
|
2360
PUT
Vanguard World Funds Extended Duration ETF
EDV
$3.54B
| $14.7M | ﹤0.01% |
218,300
+16,300
| +8% | +$1.08M |
|
2361
Global E Online
GLBE
$6.55B
| $14.7M | ﹤0.01% |
437,968
+83,731
| +24% | +$2.83M |
|
2362
CALL
Valaris
VAL
$5.8B
| $14.7M | ﹤0.01% |
348,800
+82,100
| +31% | +$3.09M |
|
2363
PUT
F5
FFIV
$22.9B
| $14.7M | ﹤0.01% |
49,900
-7,000
| -12% | -$1.93M |
|
|
2364
CALL
Vanguard World Funds Extended Duration ETF
EDV
$3.54B
| $14.7M | ﹤0.01% |
218,200
-20,900
| -9% | -$1.38M |
|
2365
Rocket Lab Corp
RKLB
$42.2B
| $14.7M | ﹤0.01% |
410,316
-648,515
| -61% | -$15.9M |
|
2366
PUT
BILL Holdings
BILL
$4.82B
| $14.7M | ﹤0.01% |
317,200
-427,700
| -57% | -$18.9M |
|
2367
CALL
Elastic
ESTC
$8.54B
| $14.7M | ﹤0.01% |
173,800
-13,800
| -7% | -$1.17M |
|
2368
PUT
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.5B
| $14.6M | ﹤0.01% |
193,700
-54,500
| -22% | -$3.74M |
|
2369
Ball Corp
BALL
$16.8B
| $14.6M | ﹤0.01% |
260,953
+171,278
| +191% | +$8.95M |
|
2370
Lazard
LAZ
$4.16B
| $14.6M | ﹤0.01% |
304,968
+72,269
| +31% | +$3.02M |
|
2371
PUT
Tidewater
TDW
$4.46B
| $14.6M | ﹤0.01% |
316,400
+23,100
| +8% | +$936K |
|
2372
PUT
VICI Properties
VICI
$28.4B
| $14.6M | ﹤0.01% |
447,500
-70,100
| -14% | -$2.23M |
|
2373
PUT
Yum China
YUMC
$15.5B
| $14.6M | ﹤0.01% |
325,800
+105,500
| +48% | +$4.72M |
|
2374
PUT
Global X Uranium ETF
URA
$6.7B
| $14.6M | ﹤0.01% |
375,200
-612,500
| -62% | -$17.8M |
|
2375
PUT
Celanese
CE
$4.9B
| $14.6M | ﹤0.01% |
263,100
-61,600
| -19% | -$3.07M |
|
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.