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 | |
|---|---|---|---|---|---|---|
2376
iShares Core MSCI EAFE ETF
IEFA
$195B
| $17.1M | ﹤0.01% |
190,646
+101,048
| +113% | +$8.94M |
|
2377
PUT
Arbor Realty Trust
ABR
$950M
| $17M | ﹤0.01% |
2,196,400
-580,200
| -21% | -$5.69M |
|
2378
CALL
Bank of Montreal
BMO
$120B
| $17M | ﹤0.01% |
131,200
-56,100
| -30% | -$7.1M |
|
2379
Signet Jewelers
SIG
$3.18B
| $17M | ﹤0.01% |
+205,031
| New | +$19.5M |
|
2380
CALL
Viper Energy
VNOM
$15.9B
| $17M | ﹤0.01% |
439,600
-61,000
| -12% | -$2.31M |
|
2381
StoneCo
STNE
$2.21B
| $17M | ﹤0.01% |
1,147,691
-469,857
| -29% | -$7.86M |
|
2382
PUT
TMC The Metals Company
TMC
$2.22B
| $17M | ﹤0.01% |
2,748,500
+535,400
| +24% | +$3.76M |
|
2383
PUT
PACCAR
PCAR
$66.7B
| $17M | ﹤0.01% |
154,800
+7,500
| +5% | +$769K |
|
2384
CALL
Viatris
VTRS
$19.5B
| $16.9M | ﹤0.01% |
1,361,000
+645,500
| +90% | +$6.96M |
|
2385
CALL
International Paper
IP
$21.4B
| $16.9M | ﹤0.01% |
429,600
-1,492,100
| -78% | -$61.4M |
|
2386
CALL
Charles River Laboratories
CRL
$14.4B
| $16.9M | ﹤0.01% |
84,800
-22,000
| -21% | -$3.99M |
|
2387
Tyson Foods
TSN
$19.5B
| $16.9M | ﹤0.01% |
288,548
+42,166
| +17% | +$2.32M |
|
2388
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.22B
| $16.9M | ﹤0.01% |
137,064
+129,674
| +1,755% | +$15.9M |
|
2389
Duolingo
DUOL
$6.75B
| $16.9M | ﹤0.01% |
96,224
+83,683
| +667% | +$19.7M |
|
2390
CALL
Ingersoll Rand
IR
$30.7B
| $16.9M | ﹤0.01% |
213,100
+81,700
| +62% | +$6.45M |
|
2391
PUT
Invesco Solar ETF
TAN
$1.29B
| $16.9M | ﹤0.01% |
343,500
-14,500
| -4% | -$698K |
|
2392
CALL
Academy Sports + Outdoors
ASO
$2.64B
| $16.8M | ﹤0.01% |
336,300
+7,000
| +2% | +$347K |
|
2393
Waste Management
WM
$87B
| $16.8M | ﹤0.01% |
76,438
-35,722
| -32% | -$7.61M |
|
2394
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$98.5M
| $16.8M | ﹤0.01% |
210,400
+92,500
| +78% | +$7.08M |
|
2395
Consolidated Edison
ED
$39.4B
| $16.8M | ﹤0.01% |
168,812
+121,418
| +256% | +$12M |
|
2396
CALL
United States Antimony
UAMY
$768M
| $16.8M | ﹤0.01% |
3,338,000
+1,395,300
| +72% | +$11M |
|
2397
PUT
Elbit Systems
ESLT
$33.8B
| $16.8M | ﹤0.01% |
29,000
+17,100
| +144% | +$8.57M |
|
2398
CALL
Qorvo
QRVO
$8.43B
| $16.7M | ﹤0.01% |
198,200
+66,000
| +50% | +$5.82M |
|
2399
Rio Tinto
RIO
$170B
| $16.7M | ﹤0.01% |
208,950
+198,090
| +1,824% | +$14.3M |
|
2400
Amneal Pharmaceuticals
AMRX
$6.25B
| $16.7M | ﹤0.01% |
1,326,540
+47,892
| +4% | +$548K |
|
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.