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 | |
|---|---|---|---|---|---|---|
3901
Crane Co
CR
$12B
| $4.38M | ﹤0.01% |
+28,612
| New | +$4.59M |
|
3902
CALL
American Superconductor
AMSC
$1.38B
| $4.38M | ﹤0.01% |
241,600
-34,600
| -13% | -$863K |
|
3903
Cactus
WHD
$4.86B
| $4.38M | ﹤0.01% |
95,612
+12,363
| +15% | +$685K |
|
3904
PUT
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24B
| $4.38M | ﹤0.01% |
17,400
-11,800
| -40% | -$3.27M |
|
|
FOLD
3905
DELISTED
Amicus Therapeutics
FOLD
| $4.38M | ﹤0.01% |
536,707
+113,544
| +27% | +$1.05M |
|
3906
CALL
Ibotta
IBTA
$747M
| $4.38M | ﹤0.01% |
103,700
+23,500
| +29% | +$1.38M |
|
3907
PUT
Atkore
ATKR
$3.16B
| $4.37M | ﹤0.01% |
72,900
+46,300
| +174% | +$3.31M |
|
3908
M/I Homes
MHO
$3.83B
| $4.37M | ﹤0.01% |
38,295
+19,780
| +107% | +$2.43M |
|
3909
Host Hotels & Resorts
HST
$15.3B
| $4.37M | ﹤0.01% |
307,406
-62,920
| -17% | -$1.02M |
|
|
MRP
3910
PUT
Millrose Properties Inc
MRP
$5.08B
| $4.37M | ﹤0.01% |
+164,700
| New | +$3.86M |
|
3911
EnerSys
ENS
$6.69B
| $4.37M | ﹤0.01% |
47,668
+22,686
| +91% | +$2.21M |
|
3912
Comstock Resources
CRK
$4.2B
| $4.36M | ﹤0.01% |
214,585
+34,464
| +19% | +$660K |
|
3913
CALL
Icahn Enterprises
IEP
$4.82B
| $4.36M | ﹤0.01% |
481,500
+230,900
| +92% | +$2.22M |
|
3914
American Outdoor Brands
AOUT
$131M
| $4.36M | ﹤0.01% |
358,724
+274,101
| +324% | +$4.21M |
|
3915
Burford Capital
BUR
$957M
| $4.36M | ﹤0.01% |
330,194
+81,099
| +33% | +$1.14M |
|
3916
Ultragenyx Pharmaceutical
RARE
$2.52B
| $4.36M | ﹤0.01% |
120,460
-59,965
| -33% | -$2.49M |
|
3917
PUT
Viper Energy
VNOM
$15.9B
| $4.36M | ﹤0.01% |
96,600
+68,700
| +246% | +$3.24M |
|
|
LB
3918
PUT
LandBridge Co
LB
$2.47B
| $4.36M | ﹤0.01% |
60,600
+8,900
| +17% | +$630K |
|
3919
PUT
Ventas
VTR
$47.1B
| $4.36M | ﹤0.01% |
63,400
-56,600
| -47% | -$3.61M |
|
3920
CALL
Donaldson
DCI
$10.7B
| $4.35M | ﹤0.01% |
64,900
-14,800
| -19% | -$1.02M |
|
3921
PUT
Aecom
ACM
$8.9B
| $4.35M | ﹤0.01% |
46,900
-6,800
| -13% | -$690K |
|
3922
Liberty Media Series A
FWONA
$23.4B
| $4.35M | ﹤0.01% |
53,353
-39,072
| -42% | -$3.33M |
|
|
CON
3923
Concentra Group Holdings
CON
$4.37B
| $4.35M | ﹤0.01% |
200,306
+131,020
| +189% | +$2.88M |
|
3924
PUT
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $4.34M | ﹤0.01% |
85,000
+75,600
| +804% | +$3.84M |
|
3925
Simmons First National
SFNC
$3.28B
| $4.34M | ﹤0.01% |
211,476
+140,636
| +199% | +$3.05M |
|
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.