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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.05B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.61B |
| 3 |
Tesla
TSLA
|
+$636M |
| 4 |
TSMC
TSM
|
+$604M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
Microsoft
MSFT
|
+$988M |
| 4 |
Meta Platforms (Facebook)
META
|
+$572M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$570M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.1% |
| 2 | Technology | 1.55% |
| 3 | Consumer Discretionary | 0.95% |
| 4 | Financials | 0.77% |
| 5 | Healthcare | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
CALL
Valaris
VAL
$6.03B
| $10.5M | ﹤0.01% |
266,700
+39,800
| +18% | +$1.71M |
|
2477
PUT
Otis Worldwide
OTIS
$27.2B
| $10.5M | ﹤0.01% |
101,400
+30,500
| +43% | +$2.98M |
|
2478
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$298M
| $10.5M | ﹤0.01% |
310,900
-612,200
| -66% | -$21.7M |
|
2479
Direxion Daily Small Cap Bear 3x ETF
TZA
$250M
| $10.5M | ﹤0.01% |
61,408
-60,621
| -50% | -$8.39M |
|
|
YALA
2480
Yalla Group
YALA
$840M
| $10.4M | ﹤0.01% |
2,000,000
| – | – |
|
2481
Regions Financial
RF
$25.8B
| $10.4M | ﹤0.01% |
480,428
-139,092
| -22% | -$3.24M |
|
2482
PUT
Cracker Barrel
CBRL
$1.27B
| $10.4M | ﹤0.01% |
268,900
+17,800
| +7% | +$897K |
|
2483
Oscar Health
OSCR
$9.7B
| $10.4M | ﹤0.01% |
795,368
+535,458
| +206% | +$7.95M |
|
2484
Sunrun
RUN
$2.12B
| $10.4M | ﹤0.01% |
1,779,349
+1,547,657
| +668% | +$12.7M |
|
2485
CALL
Alpha Metallurgical Resources
AMR
$2.89B
| $10.4M | ﹤0.01% |
83,100
-87,200
| -51% | -$14.2M |
|
2486
ACM Research
ACMR
$5.21B
| $10.4M | ﹤0.01% |
444,755
+221,106
| +99% | +$5.05M |
|
|
CIVI
2487
CALL
DELISTED
Civitas Resources
CIVI
| $10.4M | ﹤0.01% |
297,400
+96,300
| +48% | +$4.26M |
|
2488
PUT
Invesco NASDAQ 100 ETF
QQQM
$104B
| $10.4M | ﹤0.01% |
53,700
-44,400
| -45% | -$9.29M |
|
2489
Halozyme
HALO
$12B
| $10.4M | ﹤0.01% |
162,245
+67,626
| +71% | +$3.93M |
|
2490
CALL
JB Hunt Transport Services
JBHT
$24.4B
| $10.3M | ﹤0.01% |
69,900
-34,900
| -33% | -$5.75M |
|
2491
CALL
Ingersoll Rand
IR
$30.4B
| $10.3M | ﹤0.01% |
129,200
-30,200
| -19% | -$2.63M |
|
2492
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12.1B
| $10.3M | ﹤0.01% |
89,428
+54,123
| +153% | +$6.29M |
|
|
OSG
2493
Octave Specialty Group
OSG
$207M
| $10.3M | ﹤0.01% |
1,180,557
+425,592
| +56% | +$4.48M |
|
2494
PUT
Madison Square Garden
MSGS
$9.37B
| $10.3M | ﹤0.01% |
53,000
+39,100
| +281% | +$8.08M |
|
2495
CALL
Comfort Systems
FIX
$53.9B
| $10.3M | ﹤0.01% |
32,000
-5,600
| -15% | -$2.26M |
|
2496
CALL
Nexstar Media Group
NXST
$5.63B
| $10.3M | ﹤0.01% |
57,400
+9,300
| +19% | +$1.5M |
|
2497
CALL
Robert Half
RHI
$4.63B
| $10.3M | ﹤0.01% |
188,500
+149,100
| +378% | +$9.09M |
|
2498
PUT
Kodak
KODK
$894M
| $10.3M | ﹤0.01% |
1,626,400
+257,200
| +19% | +$1.79M |
|
2499
CALL
W.R. Berkley
WRB
$25.3B
| $10.3M | ﹤0.01% |
144,400
+36,750
| +34% | +$2.25M |
|
|
VSXY
2500
PUT
Victoria's Secret
VSXY
$7.04B
| $10.3M | ﹤0.01% |
553,000
+336,500
| +155% | +$9.89M |
|
Similar funds
Jeff Yass's Q1 2025 Portfolio in Review
As of Q1 2025, Jeff Yass held 13,842 positions worth $586B, down 12% from $663B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jeff Yass's Q1 2025 filing shows 1,775 new, 5,712 increased, 4,842 reduced and 1,482 closed positions. Its largest new stake was Brookfield Asset Management: 1,775,684 shares worth $86M. The largest sale was Invesco QQQ Trust, an estimated $1.25B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 93% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q1 2025 buy was Brookfield Asset Management: 1,775,684 shares worth $86M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $4.05B increase.
- Jeff Yass's biggest Q1 2025 reduction was Invesco QQQ Trust, cutting an estimated $1.25B.
- Jeff Yass fully exited Inari Medical, Inc. Common Stock in Q1 2025, selling an estimated $24M.
- Jeff Yass's ten largest holdings make up 28% of its $586B portfolio in Q1 2025.
- Jeff Yass opened 1,775 new positions and closed 1,482 in Q1 2025.
- Jeff Yass's portfolio value fell 12% quarter-over-quarter to $586B.
Based on Susquehanna International Group's 13F filing for Q1 2025, filed 14 May 2025.