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 | |
|---|---|---|---|---|---|---|
3076
Fidelity MSCI Information Technology Index ETF
FTEC
$21.1B
| $6.85M | ﹤0.01% |
42,455
+12,436
| +41% | +$2.23M |
|
3077
PUT
IQVIA
IQV
$43.1B
| $6.84M | ﹤0.01% |
38,800
+21,500
| +124% | +$4.17M |
|
3078
PUT
Noble Corp
NE
$7.31B
| $6.83M | ﹤0.01% |
288,200
-159,600
| -36% | -$4.57M |
|
3079
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $6.82M | ﹤0.01% |
148,284
+76,896
| +108% | +$3.79M |
|
3080
Aptiv
APTV
$9.5B
| $6.82M | ﹤0.01% |
114,638
-75,300
| -40% | -$4.77M |
|
3081
Toll Brothers
TOL
$13.5B
| $6.82M | ﹤0.01% |
64,590
-90,156
| -58% | -$10.8M |
|
3082
CALL
B&G Foods
BGS
$286M
| $6.82M | ﹤0.01% |
992,700
+164,800
| +20% | +$1.1M |
|
3083
NVR
NVR
$17B
| $6.82M | ﹤0.01% |
941
-892
| -49% | -$6.78M |
|
3084
CALL
Main Street Capital
MAIN
$5.47B
| $6.82M | ﹤0.01% |
120,500
+2,600
| +2% | +$155K |
|
3085
CALL
Wolfspeed
WOLF
$1.34B
| $6.81M | ﹤0.01% |
2,226,800
+160,800
| +8% | +$940K |
|
3086
CALL
Trupanion
TRUP
$1.3B
| $6.81M | ﹤0.01% |
182,800
-80,500
| -31% | -$3.35M |
|
3087
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$24.4B
| $6.81M | ﹤0.01% |
33,700
-430,600
| -93% | -$92M |
|
3088
Rambus
RMBS
$9.3B
| $6.81M | ﹤0.01% |
131,497
+85,824
| +188% | +$5.04M |
|
|
SFBS
3089
ServisFirst Bancshares
SFBS
$4.72B
| $6.8M | ﹤0.01% |
164,746
+84,620
| +106% | +$3.68M |
|
3090
American Healthcare REIT
AHR
$12.1B
| $6.8M | ﹤0.01% |
224,452
-177,518
| -44% | -$5.12M |
|
3091
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $6.8M | ﹤0.01% |
295,145
+277,709
| +1,593% | +$6.52M |
|
3092
PUT
Harrow
HROW
$1.4B
| $6.8M | ﹤0.01% |
255,600
-175,200
| -41% | -$5.24M |
|
3093
InterDigital
IDCC
$8.65B
| $6.8M | ﹤0.01% |
32,866
-32,832
| -50% | -$6.61M |
|
3094
PUT
Asana
ASAN
$2.35B
| $6.79M | ﹤0.01% |
466,300
+10,200
| +2% | +$193K |
|
3095
PUT
Core & Main
CNM
$8.05B
| $6.79M | ﹤0.01% |
140,600
+79,700
| +131% | +$4.13M |
|
3096
NextDecade
NEXT
$1.96B
| $6.79M | ﹤0.01% |
872,117
+671,702
| +335% | +$5.42M |
|
3097
CALL
Canadian National Railway
CNI
$76.2B
| $6.78M | ﹤0.01% |
69,600
+39,200
| +129% | +$3.96M |
|
|
3098
PUT
Wolfspeed
WOLF
$1.34B
| $6.78M | ﹤0.01% |
2,216,600
+552,900
| +33% | +$3.23M |
|
3099
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $6.78M | ﹤0.01% |
+99,700
| New | +$6.79M |
|
|
ARR
3100
PUT
Armour Residential REIT
ARR
$2.31B
| $6.78M | ﹤0.01% |
396,300
+186,600
| +89% | +$3.48M |
|
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.