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 | |
|---|---|---|---|---|---|---|
3851
Cummins
CMI
$77.8B
| $4.5M | ﹤0.01% |
14,368
-65,324
| -82% | -$23M |
|
3852
PUT
A.O. Smith
AOS
$8.21B
| $4.5M | ﹤0.01% |
68,900
+6,200
| +10% | +$419K |
|
3853
PUT
Vulcan Materials
VMC
$35.6B
| $4.5M | ﹤0.01% |
19,300
+4,400
| +30% | +$1.12M |
|
3854
Vornado Realty Trust
VNO
$7.13B
| $4.5M | ﹤0.01% |
121,696
-27,261
| -18% | -$1.1M |
|
3855
CALL
Corpay
CPAY
$26.8B
| $4.5M | ﹤0.01% |
12,900
-2,800
| -18% | -$1.01M |
|
3856
CALL
Delek US
DK
$4.42B
| $4.5M | ﹤0.01% |
298,500
+21,100
| +8% | +$365K |
|
3857
CALL
TAL Education Group
TAL
$6.62B
| $4.5M | ﹤0.01% |
340,500
+113,100
| +50% | +$1.41M |
|
3858
PUT
Canadian Solar
CSIQ
$892M
| $4.5M | ﹤0.01% |
520,000
-223,600
| -30% | -$2.35M |
|
3859
Skyward Specialty Insurance
SKWD
$2.36B
| $4.5M | ﹤0.01% |
84,966
+7,764
| +10% | +$374K |
|
3860
iShares Russell Mid-Cap ETF
IWR
$57.1B
| $4.49M | ﹤0.01% |
+52,830
| New | +$4.71M |
|
3861
IES Holdings
IESC
$12.3B
| $4.49M | ﹤0.01% |
54,420
+2,042
| +4% | +$213K |
|
3862
LifeVantage
LFVN
$79.7M
| $4.49M | ﹤0.01% |
308,050
+179,968
| +141% | +$3.39M |
|
3863
Remitly
RELY
$5.62B
| $4.49M | ﹤0.01% |
215,882
+110,568
| +105% | +$2.54M |
|
3864
Freshpet
FRPT
$3.4B
| $4.49M | ﹤0.01% |
53,973
-48,596
| -47% | -$5.95M |
|
3865
Newmark Group
NMRK
$2.87B
| $4.48M | ﹤0.01% |
368,424
-114,524
| -24% | -$1.53M |
|
3866
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.1M
| $4.48M | ﹤0.01% |
36,022
+6,610
| +22% | +$802K |
|
3867
CALL
Western Midstream Partners
WES
$20B
| $4.48M | ﹤0.01% |
109,300
-34,500
| -24% | -$1.4M |
|
3868
OSI Systems
OSIS
$3.29B
| $4.47M | ﹤0.01% |
23,021
+15,304
| +198% | +$2.92M |
|
3869
Tidewater
TDW
$4.61B
| $4.47M | ﹤0.01% |
105,744
-10,791
| -9% | -$537K |
|
3870
CALL
Direxion Daily Healthcare Bull 3X ETF
CURE
$191M
| $4.47M | ﹤0.01% |
41,900
+21,700
| +107% | +$2.31M |
|
3871
Kyndryl
KD
$2.88B
| $4.46M | ﹤0.01% |
142,191
+84,103
| +145% | +$3.15M |
|
3872
PUT
AGCO
AGCO
$7.94B
| $4.46M | ﹤0.01% |
48,200
+5,500
| +13% | +$537K |
|
3873
CALL
Vermilion Energy
VET
$1.9B
| $4.46M | ﹤0.01% |
550,600
+305,700
| +125% | +$2.73M |
|
3874
United Parks & Resorts
PRKS
$1.93B
| $4.45M | ﹤0.01% |
97,879
+25,938
| +36% | +$1.34M |
|
3875
PUT
MKS Inc
MKSI
$17.3B
| $4.45M | ﹤0.01% |
55,500
-1,400
| -2% | -$141K |
|
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.