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 | |
|---|---|---|---|---|---|---|
2401
CALL
Wolfspeed
WOLF
$1.39B
| $16.7M | ﹤0.01% |
959,600
-6,359,700
| -87% | -$146M |
|
2402
Modine Manufacturing
MOD
$10B
| $16.7M | ﹤0.01% |
124,954
-39,479
| -24% | -$5.88M |
|
2403
Riot Platforms
RIOT
$7.88B
| $16.7M | ﹤0.01% |
1,316,675
+1,035,022
| +367% | +$17.7M |
|
|
ETH
2404
Grayscale Ethereum Staking Mini ETF Shares
ETH
$2.1B
| $16.7M | ﹤0.01% |
594,104
+402,290
| +210% | +$13.1M |
|
2405
CALL
BCE
BCE
$21.8B
| $16.7M | ﹤0.01% |
699,500
-272,500
| -28% | -$6.35M |
|
2406
CALL
Navitas Semiconductor
NVTS
$3.29B
| $16.6M | ﹤0.01% |
2,331,800
+924,100
| +66% | +$8.89M |
|
2407
CALL
Howard Hughes
HHH
$3.89B
| $16.6M | ﹤0.01% |
208,700
-7,200
| -3% | -$596K |
|
2408
First Citizens BancShares
FCNCA
$24.4B
| $16.6M | ﹤0.01% |
7,755
-10,754
| -58% | -$20.3M |
|
2409
PUT
Healthpeak Properties
DOC
$14.7B
| $16.6M | ﹤0.01% |
1,034,900
+461,600
| +81% | +$8.14M |
|
2410
PUT
Inhibrx
INBX
$1.83B
| $16.6M | ﹤0.01% |
+210,200
| New | +$14.3M |
|
|
USAR
2411
USA Rare Earth Inc
USAR
$4.67B
| $16.6M | ﹤0.01% |
1,391,669
+900,318
| +183% | +$17.1M |
|
2412
iShares ESG Aware MSCI EM ETF
ESGE
$6.92B
| $16.6M | ﹤0.01% |
+374,844
| New | +$16.5M |
|
|
SLNO
2413
PUT
DELISTED
Soleno Therapeutics
SLNO
| $16.5M | ﹤0.01% |
357,300
-64,000
| -15% | -$3.51M |
|
2414
PUT
Tidewater
TDW
$4.64B
| $16.5M | ﹤0.01% |
327,500
-38,500
| -11% | -$2.03M |
|
2415
CALL
GoDaddy
GDDY
$12.3B
| $16.5M | ﹤0.01% |
133,300
-22,300
| -14% | -$2.89M |
|
|
GSOL
2416
Grayscale Solana Staking ETF
GSOL
$140M
| $16.5M | ﹤0.01% |
+1,817,500
| New | +$18.6M |
|
2417
FirstEnergy
FE
$26.8B
| $16.5M | ﹤0.01% |
369,089
+297,078
| +413% | +$13.6M |
|
2418
CALL
Noble Corp
NE
$7.45B
| $16.5M | ﹤0.01% |
584,800
-311,700
| -35% | -$9.21M |
|
2419
Wayfair
W
$14.4B
| $16.5M | ﹤0.01% |
164,435
-497
| -0.3% | -$47.8K |
|
|
APLS
2420
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $16.5M | ﹤0.01% |
657,200
+188,200
| +40% | +$4.42M |
|
2421
iShares MSCI Taiwan ETF
EWT
$11.7B
| $16.5M | ﹤0.01% |
259,799
+207,681
| +398% | +$13.4M |
|
2422
PUT
Planet Labs
PL
$7.64B
| $16.5M | ﹤0.01% |
836,400
+27,800
| +3% | +$399K |
|
2423
CALL
New Oriental
EDU
$9.17B
| $16.5M | ﹤0.01% |
299,700
+230,100
| +331% | +$12.6M |
|
2424
Dominion Energy
D
$58.6B
| $16.5M | ﹤0.01% |
281,361
+160,751
| +133% | +$9.68M |
|
2425
PUT
Doximity
DOCS
$4.56B
| $16.5M | ﹤0.01% |
372,200
-123,200
| -25% | -$6.92M |
|
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.