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 | Technology | 1.55% |
| 2 | Consumer Discretionary | 0.95% |
| 3 | Financials | 0.77% |
| 4 | Healthcare | 0.67% |
| 5 | Industrials | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CALL
NextEra Energy
NEE
$174B
| $297M | 0.05% |
4,184,000
+353,900
| +9% | +$25M |
|
302
CALL
Royal Caribbean
RCL
$78.1B
| $296M | 0.05% |
1,440,500
+160,900
| +13% | +$38M |
|
303
PUT
MongoDB
MDB
$34.7B
| $296M | 0.05% |
1,684,800
-555,500
| -25% | -$135M |
|
304
PUT
Shopify
SHOP
$192B
| $294M | 0.05% |
3,079,500
-221,900
| -7% | -$24.2M |
|
305
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $294M | 0.05% |
2,011,400
-718,000
| -26% | -$104M |
|
306
CALL
Eaton
ETN
$163B
| $291M | 0.05% |
1,070,300
+685,800
| +178% | +$214M |
|
307
PUT
American Airlines Group
AAL
$9.15B
| $287M | 0.05% |
27,204,800
+3,552,900
| +15% | +$53.5M |
|
308
CALL
Abbott
ABT
$202B
| $287M | 0.05% |
2,161,200
+664,700
| +44% | +$84.6M |
|
309
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $287M | 0.05% |
2,637,000
+753,600
| +40% | +$81.2M |
|
310
CALL
Vanguard Information Technology ETF
VGT
$145B
| $285M | 0.05% |
4,197,600
-567,200
| -12% | -$42.7M |
|
311
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $284M | 0.05% |
7,200,600
-705,400
| -9% | -$27.6M |
|
312
CALL
FedEx
FDX
$76.9B
| $281M | 0.05% |
1,153,000
-626,200
| -35% | -$162M |
|
313
PUT
Freeport-McMoran
FCX
$110B
| $281M | 0.05% |
7,412,700
+2,524,300
| +52% | +$96.6M |
|
314
PUT
Coca-Cola
KO
$392B
| $276M | 0.05% |
3,859,800
+73,200
| +2% | +$4.89M |
|
315
CALL
S&P Global
SPGI
$127B
| $274M | 0.05% |
540,100
+99,700
| +23% | +$50.9M |
|
316
PUT
Sea Limited
SE
$72B
| $273M | 0.05% |
2,091,300
+753,300
| +56% | +$93.4M |
|
317
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $271M | 0.05% |
2,057,200
-913,100
| -31% | -$122M |
|
318
Pfizer
PFE
$160B
| $270M | 0.05% |
10,639,214
+1,102,688
| +12% | +$28.9M |
|
319
PUT
Dollar General
DG
$27.2B
| $269M | 0.05% |
3,062,300
+742,500
| +32% | +$56.2M |
|
320
PUT
AutoZone
AZO
$48.3B
| $268M | 0.05% |
70,400
-60,700
| -46% | -$209M |
|
321
CALL
Lowe's Companies
LOW
$121B
| $268M | 0.05% |
1,150,600
+214,000
| +23% | +$52.7M |
|
322
PUT
General Motors
GM
$77.2B
| $267M | 0.05% |
5,685,600
+1,881,700
| +49% | +$92.7M |
|
323
Intel
INTC
$476B
| $266M | 0.05% |
11,713,540
+4,001,939
| +52% | +$87.6M |
|
324
PUT
Procter & Gamble
PG
$336B
| $261M | 0.04% |
1,533,100
-696,100
| -31% | -$117M |
|
325
CALL
RTX Corp
RTX
$283B
| $259M | 0.04% |
1,951,600
-883,300
| -31% | -$112M |
|
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 withdrew a net $24.4B in Q1 2025, closing 1,483 positions and reducing 4,842 holdings. Its most notable exit was Inari Medical, Inc. Common Stock, an estimated $24M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in Brookfield Asset Management worth $86M.
- 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 1,483 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.