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 | |
|---|---|---|---|---|---|---|
3101
Molson Coors Class B
TAP
$7.73B
| $6.77M | ﹤0.01% |
111,254
-1,752
| -2% | -$101K |
|
3102
CALL
Zimmer Biomet
ZBH
$19.2B
| $6.77M | ﹤0.01% |
59,800
+900
| +2% | +$96.3K |
|
3103
CALL
Manulife Financial
MFC
$70.9B
| $6.77M | ﹤0.01% |
217,200
-88,000
| -29% | -$2.66M |
|
3104
Knife River
KNF
$3.65B
| $6.77M | ﹤0.01% |
75,000
+50,343
| +204% | +$4.9M |
|
3105
Builders FirstSource
BLDR
$7.29B
| $6.76M | ﹤0.01% |
54,113
-17,519
| -24% | -$2.55M |
|
3106
PBF Energy
PBF
$8.45B
| $6.76M | ﹤0.01% |
354,114
+251,644
| +246% | +$6.26M |
|
3107
CareTrust REIT
CTRE
$9.22B
| $6.76M | ﹤0.01% |
236,502
+125,549
| +113% | +$3.37M |
|
3108
Anavex Life Sciences
AVXL
$277M
| $6.75M | ﹤0.01% |
787,100
-347,638
| -31% | -$3.28M |
|
|
FNGA
3109
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $6.75M | ﹤0.01% |
18,752
-9,678
| -34% | -$5.3M |
|
3110
CALL
Kratos Defense & Security Solutions
KTOS
$9.76B
| $6.75M | ﹤0.01% |
227,300
-167,200
| -42% | -$5.07M |
|
3111
TriNet
TNET
$3.23B
| $6.75M | ﹤0.01% |
85,147
+5,635
| +7% | +$468K |
|
3112
PUT
Darling Ingredients
DAR
$10.1B
| $6.74M | ﹤0.01% |
215,600
-120,300
| -36% | -$4.21M |
|
3113
CALL
Invesco KBW Bank ETF
KBWB
$6.8B
| $6.74M | ﹤0.01% |
107,300
+75,900
| +242% | +$5.1M |
|
3114
Construction Partners
ROAD
$6.25B
| $6.73M | ﹤0.01% |
93,684
-53,912
| -37% | -$4.25M |
|
3115
CALL
American Water Works
AWK
$27.5B
| $6.73M | ﹤0.01% |
45,600
+18,500
| +68% | +$2.44M |
|
3116
Hilton Grand Vacations
HGV
$3.41B
| $6.72M | ﹤0.01% |
179,695
+144,426
| +409% | +$5.76M |
|
3117
Bank OZK
OZK
$5.39B
| $6.72M | ﹤0.01% |
154,615
+97,706
| +172% | +$4.62M |
|
3118
PUT
Tower Semiconductor
TSEM
$23.5B
| $6.71M | ﹤0.01% |
188,300
-169,000
| -47% | -$7.64M |
|
|
AD
3119
CALL
Array Digital Infrastructure
AD
$3.11B
| $6.71M | ﹤0.01% |
97,100
+33,200
| +52% | +$2.15M |
|
3120
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.9B
| $6.71M | ﹤0.01% |
121,738
-352,607
| -74% | -$19.8M |
|
3121
Axos Financial
AX
$5.55B
| $6.7M | ﹤0.01% |
103,888
+63,161
| +155% | +$4.28M |
|
3122
PUT
Western Alliance Bancorporation
WAL
$8.57B
| $6.7M | ﹤0.01% |
87,200
-137,200
| -61% | -$11.5M |
|
3123
Watts Water Technologies
WTS
$12.2B
| $6.7M | ﹤0.01% |
32,850
+17,230
| +110% | +$3.61M |
|
3124
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$65.5M
| $6.7M | ﹤0.01% |
71,030
+27,070
| +62% | +$1.98M |
|
3125
CNX Resources
CNX
$5.36B
| $6.7M | ﹤0.01% |
212,728
-203,369
| -49% | -$6.13M |
|
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.