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 | |
|---|---|---|---|---|---|---|
|
PONY
2451
PUT
Pony AI Inc
PONY
$3.28B
| $13.7M | ﹤0.01% |
+1,039,000
| New | +$12.6M |
|
2452
CALL
Eastman Chemical
EMN
$8.32B
| $13.7M | ﹤0.01% |
183,400
+131,100
| +251% | +$10.3M |
|
2453
PUT
Signet Jewelers
SIG
$3.17B
| $13.7M | ﹤0.01% |
172,100
+7,700
| +5% | +$512K |
|
2454
PUT
Canadian Pacific Kansas City
CP
$82.7B
| $13.7M | ﹤0.01% |
172,700
-86,000
| -33% | -$6.61M |
|
2455
Agnico Eagle Mines
AEM
$109B
| $13.7M | ﹤0.01% |
115,060
+102,203
| +795% | +$11.9M |
|
2456
CALL
Vail Resorts
MTN
$5.2B
| $13.7M | ﹤0.01% |
87,000
-37,900
| -30% | -$5.63M |
|
|
VTLE
2457
CALL
DELISTED
Vital Energy
VTLE
| $13.6M | ﹤0.01% |
846,300
+580,000
| +218% | +$9.48M |
|
2458
PUT
Lucid Motors
LCID
$2.07B
| $13.6M | ﹤0.01% |
645,170
+348,100
| +117% | +$8.33M |
|
2459
CALL
Alliance Resource Partners
ARLP
$3.38B
| $13.6M | ﹤0.01% |
520,700
+74,400
| +17% | +$1.95M |
|
2460
Ulta Beauty
ULTA
$22.8B
| $13.6M | ﹤0.01% |
29,060
-9,409
| -24% | -$3.89M |
|
2461
Boston Properties
BXP
$11.2B
| $13.6M | ﹤0.01% |
201,238
+171,559
| +578% | +$11.4M |
|
2462
Valaris
VAL
$5.88B
| $13.6M | ﹤0.01% |
322,424
-208,598
| -39% | -$7.85M |
|
2463
CALL
ProShares Short S&P500
SH
$823M
| $13.6M | ﹤0.01% |
342,000
+78,300
| +30% | +$3.39M |
|
2464
PUT
Stellantis
STLA
$20B
| $13.6M | ﹤0.01% |
1,351,300
-824,800
| -38% | -$8.13M |
|
2465
CALL
Check Point Software Technologies
CHKP
$13.7B
| $13.5M | ﹤0.01% |
61,200
-14,900
| -20% | -$3.28M |
|
2466
Public Service Enterprise Group
PEG
$36.5B
| $13.5M | ﹤0.01% |
160,813
+113,878
| +243% | +$9.18M |
|
2467
PUT
RUM Group Inc
RUM
$5.05B
| $13.5M | ﹤0.01% |
1,507,300
+239,000
| +19% | +$2.04M |
|
|
YALA
2468
Yalla Group
YALA
$843M
| $13.5M | ﹤0.01% |
2,000,000
| – | – |
|
2469
CALL
International Flavors & Fragrances
IFF
$22.1B
| $13.5M | ﹤0.01% |
183,100
+8,800
| +5% | +$665K |
|
2470
CALL
Brookfield Asset Management
BAM
$83.9B
| $13.5M | ﹤0.01% |
243,600
+145,800
| +149% | +$7.83M |
|
2471
PUT
Ormat Technologies
ORA
$6.42B
| $13.5M | ﹤0.01% |
+160,700
| New | +$12M |
|
2472
CALL
Old Republic International
ORI
$10.2B
| $13.5M | ﹤0.01% |
350,100
+251,000
| +253% | +$9.44M |
|
2473
VanEck Gold Miners ETF
GDX
$32.3B
| $13.4M | ﹤0.01% |
258,003
-747,760
| -74% | -$37.1M |
|
2474
Dutch Bros
BROS
$7.06B
| $13.4M | ﹤0.01% |
196,339
-201,558
| -51% | -$13.1M |
|
|
AVB
2475
PUT
DELISTED
AvalonBay Communities
AVB
| $13.4M | ﹤0.01% |
65,900
-40,500
| -38% | -$8.28M |
|
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.