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 | |
|---|---|---|---|---|---|---|
3251
Arcosa
ACA
$7.13B
| $6.19M | ﹤0.01% |
80,270
+38,798
| +94% | +$3.56M |
|
3252
Invesco S&P 500 GARP ETF
SPGP
$2.29B
| $6.19M | ﹤0.01% |
61,966
+51,866
| +514% | +$5.46M |
|
3253
CALL
Rexford Industrial Realty
REXR
$8.28B
| $6.18M | ﹤0.01% |
157,800
+67,100
| +74% | +$2.69M |
|
3254
Trane Technologies
TT
$98.8B
| $6.17M | ﹤0.01% |
18,324
-77,195
| -81% | -$27.9M |
|
3255
ONE Gas
OGS
$5B
| $6.17M | ﹤0.01% |
81,645
+57,457
| +238% | +$4.14M |
|
3256
2x Long VIX Futures ETF
UVIX
$213M
| $6.16M | ﹤0.01% |
8,274
+6,917
| +510% | +$4.53M |
|
3257
PUT
Robert Half
RHI
$4.64B
| $6.16M | ﹤0.01% |
112,900
+98,500
| +684% | +$6.01M |
|
3258
PUT
Recursion Pharmaceuticals
RXRX
$1.79B
| $6.16M | ﹤0.01% |
1,163,800
+19,000
| +2% | +$139K |
|
3259
Western Alliance Bancorporation
WAL
$8.57B
| $6.15M | ﹤0.01% |
80,100
+47,272
| +144% | +$3.97M |
|
3260
United States Lime & Minerals
USLM
$3.44B
| $6.15M | ﹤0.01% |
69,592
+15,995
| +30% | +$1.66M |
|
3261
CALL
Cogent Communications
CCOI
$486M
| $6.15M | ﹤0.01% |
100,300
-165,700
| -62% | -$12.2M |
|
3262
StoneX
SNEX
$8.28B
| $6.15M | ﹤0.01% |
181,105
+129,896
| +254% | +$4.36M |
|
3263
PUT
Nokia
NOK
$57.2B
| $6.15M | ﹤0.01% |
1,166,300
-661,800
| -36% | -$3.24M |
|
|
WCN
3264
Waste Connections
WCN
$41.7B
| $6.15M | ﹤0.01% |
31,489
+11,034
| +54% | +$2.04M |
|
3265
PUT
LCI Industries
LCII
$2.5B
| $6.15M | ﹤0.01% |
70,300
+55,600
| +378% | +$5.59M |
|
3266
CALL
MACOM Technology Solutions
MTSI
$20.3B
| $6.14M | ﹤0.01% |
61,200
+14,900
| +32% | +$1.81M |
|
3267
CALL
Selective Insurance
SIGI
$5.51B
| $6.14M | ﹤0.01% |
67,100
+64,000
| +2,065% | +$5.61M |
|
3268
PUT
Ambarella
AMBA
$3.1B
| $6.14M | ﹤0.01% |
122,000
-104,200
| -46% | -$7.13M |
|
3269
ProShares Ultra QQQ
QLD
$14B
| $6.14M | ﹤0.01% |
138,076
+16,232
| +13% | +$859K |
|
3270
Vuzix
VUZI
$219M
| $6.14M | ﹤0.01% |
3,007,597
+2,151,944
| +251% | +$7.05M |
|
3271
LivaNova
LIVN
$4.43B
| $6.13M | ﹤0.01% |
156,137
+55,668
| +55% | +$2.5M |
|
3272
PUT
Zebra Technologies
ZBRA
$16.9B
| $6.13M | ﹤0.01% |
21,700
+14,600
| +206% | +$4.99M |
|
|
DOCU
3273
DocuSign
DOCU
$12.2B
| $6.13M | ﹤0.01% |
75,317
-51,765
| -41% | -$4.53M |
|
3274
PUT
Trupanion
TRUP
$1.3B
| $6.13M | ﹤0.01% |
164,400
+53,000
| +48% | +$2.2M |
|
3275
CALL
Axcelis
ACLS
$3.57B
| $6.12M | ﹤0.01% |
123,300
+14,200
| +13% | +$898K |
|
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.