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 | Miscellaneous | 93.94% |
| 2 | Technology | 1.79% |
| 3 | Consumer Discretionary | 0.82% |
| 4 | Financials | 0.79% |
| 5 | Healthcare | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2376
PUT
ADMA Biologics
ADMA
$2.11B
| $14.5M | ﹤0.01% |
798,700
+345,300
| +76% | +$7.04M |
|
|
CIVI
2377
DELISTED
Civitas Resources
CIVI
| $14.5M | ﹤0.01% |
528,327
+436,634
| +476% | +$12.6M |
|
2378
CALL
Western Midstream Partners
WES
$19.8B
| $14.5M | ﹤0.01% |
375,400
+266,100
| +243% | +$10.1M |
|
|
CTRA
2379
DELISTED
Coterra Energy
CTRA
| $14.5M | ﹤0.01% |
572,172
+186,183
| +48% | +$4.72M |
|
2380
Dover
DOV
$27.4B
| $14.5M | ﹤0.01% |
79,164
+28,014
| +55% | +$4.87M |
|
2381
CALL
Neurocrine Biosciences
NBIX
$15.8B
| $14.5M | ﹤0.01% |
115,300
+10,800
| +10% | +$1.24M |
|
2382
CALL
CBRE Group
CBRE
$42.9B
| $14.5M | ﹤0.01% |
103,400
-43,900
| -30% | -$5.55M |
|
2383
Wayfair
W
$14.5B
| $14.5M | ﹤0.01% |
283,197
-49,502
| -15% | -$1.85M |
|
2384
Xcel Energy
XEL
$48.2B
| $14.5M | ﹤0.01% |
212,491
+139,430
| +191% | +$9.67M |
|
2385
Dominion Energy
D
$58.5B
| $14.5M | ﹤0.01% |
255,887
+43,338
| +20% | +$2.37M |
|
2386
PUT
Plains All American Pipeline
PAA
$18B
| $14.5M | ﹤0.01% |
789,100
+151,500
| +24% | +$2.64M |
|
2387
CALL
Warner Music
WMG
$14.7B
| $14.4M | ﹤0.01% |
530,200
-310,100
| -37% | -$8.65M |
|
2388
PUT
Diageo
DEO
$51.4B
| $14.4M | ﹤0.01% |
143,000
-58,700
| -29% | -$6.37M |
|
2389
PUT
Repligen
RGEN
$10.3B
| $14.4M | ﹤0.01% |
115,900
-12,900
| -10% | -$1.64M |
|
2390
CALL
IES Holdings
IESC
$13.4B
| $14.4M | ﹤0.01% |
97,000
-8,600
| -8% | -$1.01M |
|
2391
CALL
HEICO Corp
HEI
$47B
| $14.4M | ﹤0.01% |
43,800
-40,200
| -48% | -$11.1M |
|
2392
PUT
Madison Square Garden
MSGS
$9.61B
| $14.4M | ﹤0.01% |
68,700
+15,700
| +30% | +$3.02M |
|
2393
CALL
HealthEquity
HQY
$7.75B
| $14.4M | ﹤0.01% |
137,000
+118,600
| +645% | +$11.2M |
|
2394
Rockwell Automation
ROK
$48B
| $14.3M | ﹤0.01% |
43,167
+33,482
| +346% | +$9.54M |
|
2395
PUT
Brighthouse Financial
BHF
$3.09B
| $14.3M | ﹤0.01% |
266,400
+232,900
| +695% | +$13.1M |
|
2396
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$360M
| $14.3M | ﹤0.01% |
131,400
+112,400
| +592% | +$11.8M |
|
2397
PUT
Brookfield
BN
$93.1B
| $14.3M | ﹤0.01% |
346,500
+172,950
| +100% | +$6.41M |
|
2398
Itaú Unibanco
ITUB
$83B
| $14.3M | ﹤0.01% |
2,165,428
+524,020
| +32% | +$3.19M |
|
2399
CALL
Packaging Corp of America
PKG
$21.8B
| $14.3M | ﹤0.01% |
75,700
+12,100
| +19% | +$2.29M |
|
2400
Nucor
NUE
$57B
| $14.2M | ﹤0.01% |
109,878
+52,429
| +91% | +$6.13M |
|
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 Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.