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 | |
|---|---|---|---|---|---|---|
3151
Spire
SR
$4.88B
| $6.6M | ﹤0.01% |
84,342
+56,354
| +201% | +$4.12M |
|
3152
iShares 10-20 Year Treasury Bond ETF
TLH
$11B
| $6.58M | ﹤0.01% |
63,455
+21,230
| +50% | +$2.15M |
|
3153
PUT
Royal Bank of Canada
RY
$283B
| $6.58M | ﹤0.01% |
58,400
-217,600
| -79% | -$25.6M |
|
3154
CALL
Yeti Holdings
YETI
$3.03B
| $6.58M | ﹤0.01% |
198,700
-74,000
| -27% | -$2.68M |
|
3155
CALL
New York Times
NYT
$11B
| $6.58M | ﹤0.01% |
132,600
+90,500
| +215% | +$4.55M |
|
3156
Hawaiian Electric Industries
HE
$1.97B
| $6.57M | ﹤0.01% |
599,909
+205,379
| +52% | +$2.08M |
|
3157
Moody's
MCO
$89.2B
| $6.56M | ﹤0.01% |
14,093
-47,803
| -77% | -$23M |
|
3158
PUT
-1x Short VIX Futures ETF
SVIX
$161M
| $6.56M | ﹤0.01% |
322,600
-102,700
| -24% | -$2.47M |
|
3159
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$746M
| $6.56M | ﹤0.01% |
97,825
-147,425
| -60% | -$10M |
|
3160
Texas Pacific Land
TPL
$25.1B
| $6.56M | ﹤0.01% |
14,844
-19,191
| -56% | -$8.56M |
|
3161
CALL
Atmos Energy
ATO
$28.2B
| $6.55M | ﹤0.01% |
42,400
-28,700
| -40% | -$4.19M |
|
3162
Selective Insurance
SIGI
$5.51B
| $6.55M | ﹤0.01% |
71,542
+42,687
| +148% | +$3.74M |
|
3163
GE HealthCare
GEHC
$32.4B
| $6.55M | ﹤0.01% |
81,124
-228,372
| -74% | -$19.6M |
|
3164
Western Midstream Partners
WES
$20B
| $6.55M | ﹤0.01% |
159,799
+85,344
| +115% | +$3.48M |
|
3165
CALL
CDW
CDW
$18.5B
| $6.54M | ﹤0.01% |
40,800
-58,000
| -59% | -$10.5M |
|
3166
Arbor Realty Trust
ABR
$944M
| $6.54M | ﹤0.01% |
556,435
+460,312
| +479% | +$5.96M |
|
|
LB
3167
CALL
LandBridge Co
LB
$2.47B
| $6.53M | ﹤0.01% |
90,800
+49,200
| +118% | +$3.48M |
|
3168
CALL
XPO
XPO
$22.1B
| $6.53M | ﹤0.01% |
60,700
-153,000
| -72% | -$19.4M |
|
3169
Paychex
PAYX
$45.2B
| $6.53M | ﹤0.01% |
42,310
-82,468
| -66% | -$12.1M |
|
3170
Zillow
Z
$8.02B
| $6.53M | ﹤0.01% |
95,173
+11,882
| +14% | +$908K |
|
3171
Exelon
EXC
$45.3B
| $6.51M | ﹤0.01% |
141,372
-794,650
| -85% | -$33.2M |
|
|
SNRE
3172
DELISTED
Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
| $6.51M | ﹤0.01% |
134,800
-72,001
| -35% | -$3.37M |
|
3173
WisdomTree US SmallCap Earnings Fund
EES
$720M
| $6.51M | ﹤0.01% |
133,247
+91,228
| +217% | +$4.81M |
|
3174
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$248M
| $6.51M | ﹤0.01% |
142,200
-185,600
| -57% | -$9.15M |
|
3175
CALL
Silicon Laboratories
SLAB
$7.29B
| $6.51M | ﹤0.01% |
57,800
-17,800
| -24% | -$2.41M |
|
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.