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 | |
|---|---|---|---|---|---|---|
2526
PUT
Unum
UNM
$14.8B
| $10.1M | ﹤0.01% |
123,600
+55,100
| +80% | +$4.25M |
|
2527
O'Reilly Automotive
ORLY
$71.4B
| $10.1M | ﹤0.01% |
105,375
-238,860
| -69% | -$20.8M |
|
2528
HealthEquity
HQY
$8.01B
| $10.1M | ﹤0.01% |
113,810
+77,010
| +209% | +$7.9M |
|
2529
CALL
Cytokinetics
CYTK
$10.1B
| $10.1M | ﹤0.01% |
250,100
-86,800
| -26% | -$3.99M |
|
2530
PUT
Planet Fitness
PLNT
$4.01B
| $10M | ﹤0.01% |
103,900
+33,200
| +47% | +$3.34M |
|
2531
American Electric Power
AEP
$66.5B
| $10M | ﹤0.01% |
91,791
-146,332
| -61% | -$14.8M |
|
2532
PUT
Global E Online
GLBE
$6.7B
| $10M | ﹤0.01% |
280,800
+77,100
| +38% | +$3.79M |
|
2533
CALL
Stride
LRN
$3.59B
| $10M | ﹤0.01% |
79,100
+47,100
| +147% | +$5.95M |
|
2534
Bath & Body Works
BBWI
$3.9B
| $10M | ﹤0.01% |
329,949
-126,922
| -28% | -$4.49M |
|
2535
Matador Resources
MTDR
$6.98B
| $10M | ﹤0.01% |
195,807
+123,901
| +172% | +$6.85M |
|
2536
SiriusXM
SIRI
$9.61B
| $9.99M | ﹤0.01% |
443,322
-774,014
| -64% | -$18.2M |
|
2537
Vanguard Real Estate ETF
VNQ
$38.6B
| $9.99M | ﹤0.01% |
110,300
-508,575
| -82% | -$46.2M |
|
2538
CALL
TripAdvisor
TRIP
$1.16B
| $9.98M | ﹤0.01% |
704,500
+365,900
| +108% | +$5.73M |
|
2539
CALL
Liberty Media Series C
FWONK
$25.6B
| $9.96M | ﹤0.01% |
110,700
-29,400
| -21% | -$2.72M |
|
2540
Darden Restaurants
DRI
$24.3B
| $9.96M | ﹤0.01% |
47,953
-179,864
| -79% | -$34.7M |
|
2541
Janux Therapeutics
JANX
$1.1B
| $9.96M | ﹤0.01% |
368,935
+339,464
| +1,152% | +$12.8M |
|
2542
CALL
iShares US Technology ETF
IYW
$25.3B
| $9.96M | ﹤0.01% |
70,900
+24,300
| +52% | +$3.79M |
|
2543
KeyCorp
KEY
$23.4B
| $9.95M | ﹤0.01% |
622,016
+159,387
| +34% | +$2.7M |
|
2544
EPAM Systems
EPAM
$5.9B
| $9.94M | ﹤0.01% |
58,853
+14,654
| +33% | +$3.23M |
|
2545
PUT
Sunoco
SUN
$14.1B
| $9.93M | ﹤0.01% |
171,000
-189,200
| -53% | -$10.7M |
|
2546
PUT
Inspire Medical Systems
INSP
$1.78B
| $9.92M | ﹤0.01% |
62,300
-34,100
| -35% | -$6.17M |
|
2547
CRISPR Therapeutics
CRSP
$5.59B
| $9.9M | ﹤0.01% |
291,016
-97,299
| -25% | -$4.12M |
|
2548
PUT
Canadian National Railway
CNI
$76.1B
| $9.9M | ﹤0.01% |
101,600
+62,100
| +157% | +$6.28M |
|
2549
Granite Construction
GVA
$5.46B
| $9.89M | ﹤0.01% |
131,123
+85,583
| +188% | +$7.15M |
|
2550
Aurora
AUR
$11.6B
| $9.89M | ﹤0.01% |
1,470,102
+1,016,425
| +224% | +$7.27M |
|
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.