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 | |
|---|---|---|---|---|---|---|
3451
Kingstone Companies
KINS
$290M
| $5.58M | ﹤0.01% |
335,274
+244,427
| +269% | +$3.9M |
|
3452
CALL
Scholar Rock
SRRK
$7.04B
| $5.58M | ﹤0.01% |
173,600
+33,000
| +23% | +$1.27M |
|
3453
Ralph Lauren
RL
$21.1B
| $5.58M | ﹤0.01% |
25,274
+5,720
| +29% | +$1.42M |
|
|
ALE
3454
DELISTED
Allete
ALE
| $5.58M | ﹤0.01% |
84,901
+54,905
| +183% | +$3.6M |
|
3455
PUT
Yeti Holdings
YETI
$3.03B
| $5.58M | ﹤0.01% |
168,500
-6,200
| -4% | -$225K |
|
3456
PUT
PagSeguro Digital
PAGS
$2.45B
| $5.58M | ﹤0.01% |
730,800
+341,800
| +88% | +$2.54M |
|
|
JAMF
3457
DELISTED
Jamf
JAMF
| $5.57M | ﹤0.01% |
458,477
+418,264
| +1,040% | +$6M |
|
3458
PUT
Axos Financial
AX
$5.55B
| $5.57M | ﹤0.01% |
86,300
-144,200
| -63% | -$9.78M |
|
3459
PUT
NNN REIT
NNN
$8.77B
| $5.57M | ﹤0.01% |
130,500
+65,400
| +100% | +$2.67M |
|
3460
PUT
PVH
PVH
$3.49B
| $5.56M | ﹤0.01% |
86,000
-12,400
| -13% | -$1M |
|
3461
FirstCash
FCFS
$9.51B
| $5.56M | ﹤0.01% |
46,186
-14,779
| -24% | -$1.68M |
|
3462
CALL
Veeco
VECO
$2.71B
| $5.56M | ﹤0.01% |
276,700
-24,400
| -8% | -$584K |
|
3463
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$71.6M
| $5.56M | ﹤0.01% |
15,450
-47,190
| -75% | -$22.9M |
|
3464
Archrock
AROC
$5.48B
| $5.55M | ﹤0.01% |
211,618
+126,022
| +147% | +$3.4M |
|
3465
CALL
Clover Health Investments
CLOV
$2.25B
| $5.54M | ﹤0.01% |
1,544,400
-875,900
| -36% | -$3.52M |
|
3466
PUT
Murphy USA
MUSA
$9.25B
| $5.54M | ﹤0.01% |
11,800
+9,900
| +521% | +$4.7M |
|
3467
NOV
NOV
$7.48B
| $5.54M | ﹤0.01% |
364,167
-278,700
| -43% | -$4.17M |
|
3468
CALL
Calix
CALX
$2.36B
| $5.54M | ﹤0.01% |
156,200
+95,800
| +159% | +$3.55M |
|
3469
PUT
Tetra Tech
TTEK
$9.36B
| $5.53M | ﹤0.01% |
189,100
+156,000
| +471% | +$5.23M |
|
3470
Kinross Gold
KGC
$37.1B
| $5.53M | ﹤0.01% |
438,300
-74,140
| -14% | -$832K |
|
3471
Phillips Edison & Co
PECO
$5.03B
| $5.53M | ﹤0.01% |
151,452
+94,419
| +166% | +$3.41M |
|
3472
CALL
Mistras Group
MG
$589M
| $5.52M | ﹤0.01% |
522,100
+510,900
| +4,562% | +$5.04M |
|
3473
Wintrust Financial
WTFC
$10.3B
| $5.52M | ﹤0.01% |
49,106
+7,832
| +19% | +$968K |
|
3474
PUT
Vanguard Total International Stock ETF
VXUS
$163B
| $5.52M | ﹤0.01% |
88,900
+39,400
| +80% | +$2.43M |
|
3475
PUT
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.6B
| $5.52M | ﹤0.01% |
111,200
+102,800
| +1,224% | +$5.14M |
|
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.