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 | |
|---|---|---|---|---|---|---|
2501
PUT
MPLX
MPLX
$60.1B
| $10.3M | ﹤0.01% |
191,800
-152,300
| -44% | -$7.98M |
|
2502
CALL
Lennox International
LII
$13.6B
| $10.3M | ﹤0.01% |
18,300
+6,000
| +49% | +$3.63M |
|
2503
CALL
Gen Digital
GEN
$18.4B
| $10.3M | ﹤0.01% |
386,600
+94,700
| +32% | +$2.59M |
|
2504
KraneShares Public-Private Emerging Markets Internet and Technology ETF
KEMQ
$26.1M
| $10.3M | ﹤0.01% |
551,266
-10,150
| -2% | -$188K |
|
2505
PUT
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $10.3M | ﹤0.01% |
333,600
+7,400
| +2% | +$233K |
|
2506
Magnolia Oil & Gas
MGY
$6.22B
| $10.2M | ﹤0.01% |
405,625
+255,113
| +169% | +$6.18M |
|
2507
PUT
Motorola Solutions
MSI
$80.5B
| $10.2M | ﹤0.01% |
23,400
-13,500
| -37% | -$6.02M |
|
2508
PUT
Banco Macro
BMA
$4.84B
| $10.2M | ﹤0.01% |
135,600
+13,600
| +11% | +$1.27M |
|
2509
PUT
Freshpet
FRPT
$3.42B
| $10.2M | ﹤0.01% |
123,100
-55,200
| -31% | -$6.75M |
|
2510
PUT
BBVA Argentina
BBAR
$2.94B
| $10.2M | ﹤0.01% |
564,600
+416,100
| +280% | +$8.47M |
|
2511
CALL
Magna International
MGA
$17.6B
| $10.2M | ﹤0.01% |
300,800
+26,400
| +10% | +$1.01M |
|
2512
PUT
Cinemark Holdings
CNK
$4.19B
| $10.2M | ﹤0.01% |
410,200
-55,200
| -12% | -$1.54M |
|
|
VMRK
2513
CALL
Vivmark Residential
VMRK
$26.2B
| $10.2M | ﹤0.01% |
142,600
+91,800
| +181% | +$6.48M |
|
2514
CALL
United Therapeutics
UTHR
$22.1B
| $10.2M | ﹤0.01% |
33,100
-16,800
| -34% | -$5.76M |
|
2515
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.7B
| $10.2M | ﹤0.01% |
54,692
+40,377
| +282% | +$7.98M |
|
|
WCC
2516
PUT
WESCO International
WCC
$16.4B
| $10.2M | ﹤0.01% |
65,600
-15,300
| -19% | -$2.74M |
|
2517
CALL
FirstEnergy
FE
$26.5B
| $10.2M | ﹤0.01% |
252,000
-34,800
| -12% | -$1.39M |
|
2518
CALL
Asana
ASAN
$2.37B
| $10.2M | ﹤0.01% |
697,300
-134,200
| -16% | -$2.55M |
|
2519
PUT
Warrior Met Coal
HCC
$5.68B
| $10.2M | ﹤0.01% |
212,800
+131,500
| +162% | +$6.71M |
|
2520
Chemours
CC
$2.37B
| $10.1M | ﹤0.01% |
749,587
+403,266
| +116% | +$6.7M |
|
2521
CALL
Viper Energy
VNOM
$15.9B
| $10.1M | ﹤0.01% |
224,200
+104,600
| +87% | +$4.93M |
|
2522
CALL
Iris Energy
IREN
$12.6B
| $10.1M | ﹤0.01% |
1,659,700
-2,299,900
| -58% | -$22.4M |
|
2523
Western Digital
WDC
$165B
| $10.1M | ﹤0.01% |
249,906
-36,822
| -13% | -$1.75M |
|
2524
Lazard
LAZ
$4.25B
| $10.1M | ﹤0.01% |
232,699
+70,691
| +44% | +$3.52M |
|
2525
PUT
ARK Genomic Revolution ETF
ARKG
$1.88B
| $10.1M | ﹤0.01% |
485,000
+147,200
| +44% | +$3.7M |
|
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.