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 | |
|---|---|---|---|---|---|---|
2426
CALL
Evercore
EVR
$11.2B
| $14M | ﹤0.01% |
51,700
+15,300
| +42% | +$3.37M |
|
2427
JetBlue
JBLU
$1.86B
| $14M | ﹤0.01% |
3,299,567
+1,700,363
| +106% | +$7.61M |
|
2428
Motorola Solutions
MSI
$81B
| $13.9M | ﹤0.01% |
33,173
+17,123
| +107% | +$7.16M |
|
|
SMCX
2429
PUT
Defiance Daily Target 2X Long SMCI ETF
SMCX
$185M
| $13.9M | ﹤0.01% |
140,950
+14,150
| +11% | +$983K |
|
2430
PACCAR
PCAR
$66.9B
| $13.9M | ﹤0.01% |
146,362
+79,757
| +120% | +$7.37M |
|
2431
Applied Optoelectronics
AAOI
$9.65B
| $13.9M | ﹤0.01% |
541,103
+474,709
| +715% | +$7.68M |
|
2432
CALL
FuboTV Inc
FUBO
$302M
| $13.9M | ﹤0.01% |
299,892
+66,917
| +29% | +$2.5M |
|
2433
PUT
Amplify Junior Silver Miners ETF
SILJ
$4.39B
| $13.9M | ﹤0.01% |
937,600
+487,800
| +108% | +$6.35M |
|
2434
EPAM Systems
EPAM
$5.89B
| $13.8M | ﹤0.01% |
78,306
+19,453
| +33% | +$3.25M |
|
2435
PUT
Kinsale Capital Group
KNSL
$8.66B
| $13.8M | ﹤0.01% |
28,600
-400
| -1% | -$187K |
|
2436
CALL
Coeur Mining
CDE
$22.8B
| $13.8M | ﹤0.01% |
1,560,300
+578,600
| +59% | +$4.21M |
|
2437
Semtech
SMTC
$13.2B
| $13.8M | ﹤0.01% |
305,994
+169,101
| +124% | +$6.02M |
|
2438
PUT
NetApp
NTAP
$37.3B
| $13.8M | ﹤0.01% |
129,600
-65,100
| -33% | -$6.18M |
|
2439
PUT
American Eagle Outfitters
AEO
$2.86B
| $13.8M | ﹤0.01% |
1,435,000
-4,424,500
| -76% | -$47.5M |
|
2440
Phillips 66
PSX
$95.9B
| $13.8M | ﹤0.01% |
115,642
+47,666
| +70% | +$5.34M |
|
2441
Caesars Entertainment
CZR
$6.04B
| $13.8M | ﹤0.01% |
485,776
-177,258
| -27% | -$4.82M |
|
2442
PUT
OneMain Financial
OMF
$7.34B
| $13.8M | ﹤0.01% |
241,900
-23,300
| -9% | -$1.16M |
|
2443
CALL
OSI Systems
OSIS
$3.33B
| $13.8M | ﹤0.01% |
61,300
+23,800
| +63% | +$5.08M |
|
|
WCN
2444
CALL
Waste Connections
WCN
$41.6B
| $13.8M | ﹤0.01% |
73,800
-96,800
| -57% | -$18.6M |
|
2445
CALL
Floor & Decor
FND
$5.71B
| $13.8M | ﹤0.01% |
181,200
+15,800
| +10% | +$1.17M |
|
2446
CALL
Capricor Therapeutics
CAPR
$600M
| $13.8M | ﹤0.01% |
1,385,900
+1,283,200
| +1,249% | +$13.6M |
|
|
PR
2447
Permian Resources
PR
$19.2B
| $13.8M | ﹤0.01% |
1,010,353
+97,394
| +11% | +$1.25M |
|
2448
CALL
PVH
PVH
$3.55B
| $13.8M | ﹤0.01% |
200,500
+158,900
| +382% | +$11.5M |
|
2449
Marathon Digital Holdings
MARA
$4.67B
| $13.7M | ﹤0.01% |
876,462
-194,685
| -18% | -$2.79M |
|
2450
PUT
Chord Energy
CHRD
$7.83B
| $13.7M | ﹤0.01% |
141,800
+3,000
| +2% | +$286K |
|
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.