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 | |
|---|---|---|---|---|---|---|
2701
CALL
PTC Therapeutics
PTCT
$5.85B
| $8.81M | ﹤0.01% |
172,900
+41,700
| +32% | +$2.08M |
|
2702
PUT
GDS Holdings
GDS
$6.69B
| $8.8M | ﹤0.01% |
347,600
+190,800
| +122% | +$5.78M |
|
2703
Valero Energy
VLO
$101B
| $8.78M | ﹤0.01% |
66,514
-378,014
| -85% | -$50.2M |
|
2704
Hartford Financial Services
HIG
$37.5B
| $8.78M | ﹤0.01% |
70,973
-54,013
| -43% | -$6.19M |
|
2705
Golar LNG
GLNG
$5.13B
| $8.77M | ﹤0.01% |
230,953
-330,909
| -59% | -$13M |
|
|
WAY
2706
PUT
Waystar Holding Corp
WAY
$5.03B
| $8.77M | ﹤0.01% |
234,800
+64,700
| +38% | +$2.56M |
|
2707
Itaú Unibanco
ITUB
$82.7B
| $8.76M | ﹤0.01% |
1,641,408
+422,834
| +35% | +$2.13M |
|
2708
CSX Corp
CSX
$95B
| $8.76M | ﹤0.01% |
297,489
-716,067
| -71% | -$22.7M |
|
2709
PUT
Starwood Property Trust
STWD
$5.85B
| $8.75M | ﹤0.01% |
442,500
+210,500
| +91% | +$4.14M |
|
2710
PUT
Conagra Brands
CAG
$7.72B
| $8.75M | ﹤0.01% |
328,000
-90,300
| -22% | -$2.33M |
|
|
WAY
2711
Waystar Holding Corp
WAY
$5.03B
| $8.75M | ﹤0.01% |
234,136
+157,073
| +204% | +$6.22M |
|
2712
CALL
Rogers Communications
RCI
$19.8B
| $8.74M | ﹤0.01% |
+326,900
| New | +$9.23M |
|
2713
PUT
Molson Coors Class B
TAP
$7.73B
| $8.72M | ﹤0.01% |
143,300
+92,400
| +182% | +$5.32M |
|
2714
CALL
IES Holdings
IESC
$12.3B
| $8.72M | ﹤0.01% |
105,600
-10,000
| -9% | -$1.04M |
|
2715
CALL
HCI Group
HCI
$2.32B
| $8.72M | ﹤0.01% |
58,400
+54,300
| +1,324% | +$6.89M |
|
|
VPU
2716
CALL
Vanguard Utilities ETF
VPU
$8.26B
| $8.71M | ﹤0.01% |
51,000
-25,300
| -33% | -$4.27M |
|
2717
Home BancShares
HOMB
$5.93B
| $8.71M | ﹤0.01% |
308,137
+205,107
| +199% | +$6M |
|
2718
CALL
WEC Energy
WEC
$34.6B
| $8.71M | ﹤0.01% |
79,900
+8,600
| +12% | +$878K |
|
2719
CALL
Silicon Motion
SIMO
$8.33B
| $8.7M | ﹤0.01% |
172,100
+27,200
| +19% | +$1.47M |
|
|
PR
2720
PUT
Permian Resources
PR
$19B
| $8.7M | ﹤0.01% |
627,800
+285,400
| +83% | +$4.09M |
|
|
GTLS
2721
DELISTED
Chart Industries
GTLS
| $8.69M | ﹤0.01% |
60,173
+41,921
| +230% | +$7.72M |
|
2722
Teradata
TDC
$2.68B
| $8.68M | ﹤0.01% |
386,297
+316,735
| +455% | +$8.57M |
|
2723
Hancock Whitney
HWC
$6.02B
| $8.68M | ﹤0.01% |
165,532
+116,821
| +240% | +$6.57M |
|
2724
CALL
Blackstone Mortgage Trust
BXMT
$2.31B
| $8.67M | ﹤0.01% |
433,600
-38,700
| -8% | -$748K |
|
2725
Illinois Tool Works
ITW
$79.8B
| $8.65M | ﹤0.01% |
34,884
-81,247
| -70% | -$20.9M |
|
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.