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 | |
|---|---|---|---|---|---|---|
3701
ProShares Ultra Gold
UGL
$852M
| $4.88M | ﹤0.01% |
151,700
+81,124
| +115% | +$2.23M |
|
3702
CALL
Douglas Emmett
DEI
$1.97B
| $4.88M | ﹤0.01% |
+305,000
| New | +$5.17M |
|
3703
PUT
Boot Barn
BOOT
$4.69B
| $4.88M | ﹤0.01% |
45,400
+3,900
| +9% | +$522K |
|
3704
Carnival Corporation Ltd
CCL
$33.9B
| $4.87M | ﹤0.01% |
249,557
-150,838
| -38% | -$3.59M |
|
3705
Reliance Steel & Aluminium
RS
$19.8B
| $4.87M | ﹤0.01% |
16,866
+3,001
| +22% | +$859K |
|
3706
Synchrony
SYF
$25.4B
| $4.87M | ﹤0.01% |
91,946
-244,117
| -73% | -$15.1M |
|
3707
Braze
BRZE
$3.89B
| $4.87M | ﹤0.01% |
134,854
+59,784
| +80% | +$2.41M |
|
3708
Gen Digital
GEN
$18.6B
| $4.86M | ﹤0.01% |
183,285
-146,553
| -44% | -$4.02M |
|
3709
PUT
Range Resources
RRC
$9.69B
| $4.86M | ﹤0.01% |
121,800
-102,200
| -46% | -$3.93M |
|
3710
Community Bank
CBU
$3.32B
| $4.86M | ﹤0.01% |
85,508
+51,220
| +149% | +$3.17M |
|
3711
CALL
Hercules Capital
HTGC
$3.27B
| $4.86M | ﹤0.01% |
252,900
-150,800
| -37% | -$3.04M |
|
3712
Mirion Technologies
MIR
$3.5B
| $4.85M | ﹤0.01% |
334,696
+244,871
| +273% | +$3.85M |
|
3713
Global X Russell 2000 Covered Call ETF
RYLD
$1.39B
| $4.85M | ﹤0.01% |
321,197
+239,539
| +293% | +$3.86M |
|
3714
CALL
abrdn Physical Silver Shares ETF
SIVR
$4.49B
| $4.85M | ﹤0.01% |
149,100
+82,300
| +123% | +$2.51M |
|
3715
VF Corp
VFC
$5.37B
| $4.84M | ﹤0.01% |
312,150
+153,043
| +96% | +$3.39M |
|
|
HEQQ
3716
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF
HEQQ
$30.5M
| $4.84M | ﹤0.01% |
+98,194
| New | +$4.86M |
|
3717
PUT
Rambus
RMBS
$9.3B
| $4.84M | ﹤0.01% |
93,400
-52,300
| -36% | -$3.07M |
|
3718
Teleflex
TFX
$5.92B
| $4.83M | ﹤0.01% |
34,949
+6,913
| +25% | +$1.12M |
|
3719
CALL
PagSeguro Digital
PAGS
$2.45B
| $4.83M | ﹤0.01% |
632,900
-330,000
| -34% | -$2.46M |
|
3720
CALL
Global X MSCI Argentina ETF
ARGT
$817M
| $4.82M | ﹤0.01% |
59,700
+56,700
| +1,890% | +$4.82M |
|
3721
PUT
Keros Therapeutics
KROS
$219M
| $4.82M | ﹤0.01% |
473,100
+427,000
| +926% | +$4.96M |
|
3722
CALL
Pinnacle West Capital
PNW
$11.8B
| $4.82M | ﹤0.01% |
50,600
-700
| -1% | -$62.5K |
|
3723
Akamai
AKAM
$15.4B
| $4.82M | ﹤0.01% |
59,871
-32,299
| -35% | -$2.9M |
|
3724
JPMorgan Active Value ETF
JAVA
$7.14B
| $4.82M | ﹤0.01% |
75,834
+6,800
| +10% | +$441K |
|
3725
Maximus
MMS
$3.13B
| $4.81M | ﹤0.01% |
70,605
+43,158
| +157% | +$3.07M |
|
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.