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 | |
|---|---|---|---|---|---|---|
3051
Woodward
WWD
$20.2B
| $6.95M | ﹤0.01% |
+38,071
| New | +$7.04M |
|
3052
Essential Properties Realty Trust
EPRT
$6.57B
| $6.94M | ﹤0.01% |
212,706
+132,526
| +165% | +$4.21M |
|
|
WAY
3053
CALL
Waystar Holding Corp
WAY
$5.03B
| $6.94M | ﹤0.01% |
185,800
+40,900
| +28% | +$1.62M |
|
3054
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29B
| $6.94M | ﹤0.01% |
+188,503
| New | +$6.99M |
|
3055
Everest Group
EG
$14.5B
| $6.93M | ﹤0.01% |
19,086
-18,695
| -49% | -$6.61M |
|
3056
CALL
NovoCure
NVCR
$2.08B
| $6.93M | ﹤0.01% |
388,800
-7,900
| -2% | -$179K |
|
3057
Global X MSCI Argentina ETF
ARGT
$817M
| $6.93M | ﹤0.01% |
85,753
-23,216
| -21% | -$1.97M |
|
3058
PUT
VanEck High Yield Muni ETF
HYD
$4.33B
| $6.92M | ﹤0.01% |
135,300
+54,000
| +66% | +$2.8M |
|
3059
CALL
Red Cat Holdings
RCAT
$1.3B
| $6.92M | ﹤0.01% |
1,177,500
-886,200
| -43% | -$7.1M |
|
3060
CALL
Harley-Davidson
HOG
$2.92B
| $6.92M | ﹤0.01% |
274,200
-15,000
| -5% | -$401K |
|
3061
Nucor
NUE
$56.8B
| $6.91M | ﹤0.01% |
57,449
-141,571
| -71% | -$18.2M |
|
|
EXE
3062
Expand Energy Corp
EXE
$22.7B
| $6.91M | ﹤0.01% |
62,095
-69,864
| -53% | -$7.27M |
|
3063
iShares MSCI USA Size Factor ETF
SIZE
$441M
| $6.91M | ﹤0.01% |
47,518
+11,783
| +33% | +$1.77M |
|
3064
Texas Capital Bancshares
TCBI
$4.29B
| $6.9M | ﹤0.01% |
92,418
+61,523
| +199% | +$4.78M |
|
3065
iShares MSCI USA Value Factor ETF
VLUE
$9.77B
| $6.89M | ﹤0.01% |
64,642
+7,398
| +13% | +$806K |
|
3066
PUT
Western Midstream Partners
WES
$20B
| $6.89M | ﹤0.01% |
168,300
+81,900
| +95% | +$3.34M |
|
3067
Badger Meter
BMI
$3.93B
| $6.89M | ﹤0.01% |
36,232
+20,764
| +134% | +$4.33M |
|
3068
CALL
Establishment Labs
ESTA
$2.11B
| $6.88M | ﹤0.01% |
168,700
-148,300
| -47% | -$5.53M |
|
3069
Vanguard Financials ETF
VFH
$13.9B
| $6.88M | ﹤0.01% |
57,588
+17,989
| +45% | +$2.19M |
|
3070
PUT
SiTime
SITM
$16.8B
| $6.88M | ﹤0.01% |
45,000
+39,100
| +663% | +$7.5M |
|
3071
ARK Web x.0 ETF
ARKW
$1.83B
| $6.87M | ﹤0.01% |
72,584
-81,028
| -53% | -$8.93M |
|
3072
Tenet Healthcare
THC
$21.5B
| $6.86M | ﹤0.01% |
51,026
-43,142
| -46% | -$5.68M |
|
|
XIFR
3073
XPLR Infrastructure LP
XIFR
$1.11B
| $6.86M | ﹤0.01% |
722,123
+574,300
| +389% | +$6.51M |
|
3074
CALL
Organon & Co
OGN
$3.61B
| $6.85M | ﹤0.01% |
460,300
+281,300
| +157% | +$4.33M |
|
|
ACLX
3075
CALL
DELISTED
Arcellx
ACLX
| $6.85M | ﹤0.01% |
104,400
-79,200
| -43% | -$5.37M |
|
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.