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 |
Invesco QQQ Trust
QQQ
|
+$2.65B |
| 2 |
TSMC
TSM
|
+$1.25B |
| 3 |
Microsoft
MSFT
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$957M |
| 5 |
UnitedHealth
UNH
|
+$774M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$785M |
| 2 |
Broadcom
AVGO
|
+$635M |
| 3 |
Netflix
NFLX
|
+$580M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
KraneShares CSI China Internet ETF
KWEB
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.02% |
| 2 | Consumer Discretionary | 0.76% |
| 3 | Healthcare | 0.56% |
| 4 | Financials | 0.54% |
| 5 | Communication Services | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
PUT
FedEx
FDX
$76.9B
| $470M | 0.05% |
1,320,200
-107,500
| -8% | -$37.3M |
|
277
iShares Silver Trust
SLV
$33.8B
| $470M | 0.05% |
6,896,403
+5,686,038
| +470% | +$432M |
|
278
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $470M | 0.05% |
607,800
-2,700
| -0.4% | -$2.07M |
|
279
CALL
Intuitive Surgical
ISRG
$134B
| $468M | 0.05% |
1,015,800
-179,300
| -15% | -$90.7M |
|
280
CALL
Vistra
VST
$45.7B
| $468M | 0.05% |
3,113,200
+178,600
| +6% | +$28.9M |
|
|
CRCL
281
PUT
Circle Internet Group
CRCL
$22.3B
| $467M | 0.05% |
4,896,400
-905,900
| -16% | -$76.8M |
|
282
PUT
Occidental Petroleum
OXY
$61.3B
| $465M | 0.05% |
7,152,300
-956,300
| -12% | -$48.1M |
|
283
CALL
Coherent
COHR
$56.7B
| $461M | 0.05% |
1,937,300
+935,500
| +93% | +$214M |
|
284
CALL
Royal Caribbean
RCL
$78.1B
| $461M | 0.05% |
1,673,800
+387,000
| +30% | +$115M |
|
285
PUT
RTX Corp
RTX
$283B
| $459M | 0.05% |
2,377,100
+356,500
| +18% | +$70.9M |
|
286
PUT
PayPal
PYPL
$52.7B
| $458M | 0.05% |
10,119,600
-795,000
| -7% | -$38.4M |
|
287
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $453M | 0.05% |
2,493,400
+1,040,600
| +72% | +$157M |
|
288
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $447M | 0.05% |
5,449,335
+3,165,701
| +139% | +$267M |
|
289
CALL
MP Materials
MP
$10.7B
| $445M | 0.05% |
9,218,700
+590,100
| +7% | +$35.3M |
|
|
290
PUT
Intuitive Surgical
ISRG
$134B
| $442M | 0.05% |
959,300
-512,400
| -35% | -$259M |
|
291
PUT
Starbucks
SBUX
$122B
| $441M | 0.05% |
4,924,700
-1,201,600
| -20% | -$114M |
|
292
CALL
Honeywell
HON
$68.4B
| $440M | 0.05% |
1,945,900
+508,100
| +35% | +$116M |
|
293
PUT
American Express
AXP
$227B
| $440M | 0.05% |
1,453,400
+319,400
| +28% | +$107M |
|
294
CALL
United Parcel Service
UPS
$86.8B
| $438M | 0.05% |
4,453,200
-641,600
| -13% | -$68.8M |
|
295
PUT
SoFi Technologies
SOFI
$24.4B
| $437M | 0.05% |
27,518,200
+608,100
| +2% | +$12.8M |
|
296
CALL
Wynn Resorts
WYNN
$10.3B
| $436M | 0.05% |
4,296,500
+449,500
| +12% | +$49.2M |
|
297
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $436M | 0.05% |
8,724,100
-3,248,400
| -27% | -$163M |
|
298
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $436M | 0.05% |
2,693,100
+960,800
| +55% | +$161M |
|
299
VanEck Gold Miners ETF
GDX
$31.8B
| $435M | 0.05% |
4,741,430
+1,294,090
| +38% | +$128M |
|
300
Adobe
ADBE
$109B
| $434M | 0.05% |
1,786,532
+1,038,454
| +139% | +$288M |
|
Similar funds
Jeff Yass's Q1 2026 Portfolio in Review
As of Q1 2026, Jeff Yass held 14,567 positions worth $893B, up 2.9% from $868B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $70.6B of net new capital in Q1 2026, opening 2,388 new positions and adding to 5,757 existing holdings. Its largest new stake was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was JPMorgan International Research Enhanced Equity ETF, an estimated $785M trimmed.
- Jeff Yass's largest Q1 2026 buy was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
- Jeff Yass added most to Invesco QQQ Trust in Q1 2026, an estimated $2.65B increase.
- Jeff Yass's biggest Q1 2026 reduction was JPMorgan International Research Enhanced Equity ETF, cutting an estimated $785M.
- Jeff Yass fully exited Schwab International Equity ETF in Q1 2026, selling an estimated $147M.
- Jeff Yass's ten largest holdings make up 27% of its $893B portfolio in Q1 2026.
- Jeff Yass opened 2,388 new positions and closed 1,500 in Q1 2026.
- Jeff Yass's portfolio value rose 2.9% quarter-over-quarter to $893B.
Based on Susquehanna International Group's 13F filing for Q1 2026, filed 15 May 2026.