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 |
Invesco QQQ Trust
QQQ
|
+$2.65B |
| 2 |
TSMC
TSM
|
+$1.25B |
| 3 |
Microsoft
MSFT
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$957M |
| 5 |
UnitedHealth
UNH
|
+$774M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$785M |
| 2 |
Broadcom
AVGO
|
+$635M |
| 3 |
Netflix
NFLX
|
+$580M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
KraneShares CSI China Internet ETF
KWEB
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.02% |
| 2 | Consumer Discretionary | 0.76% |
| 3 | Healthcare | 0.56% |
| 4 | Financials | 0.54% |
| 5 | Communication Services | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
JD.com
JD
$39.7B
| $306M | 0.03% |
10,341,787
+7,032,974
| +213% | +$199M |
|
377
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $305M | 0.03% |
4,981,510
+2,825,746
| +131% | +$152M |
|
378
CALL
Analog Devices
ADI
$182B
| $301M | 0.03% |
946,800
-140,100
| -13% | -$44.6M |
|
379
CALL
Gilead Sciences
GILD
$181B
| $301M | 0.03% |
2,157,100
+651,000
| +43% | +$91.2M |
|
380
CALL
Ulta Beauty
ULTA
$22.4B
| $300M | 0.03% |
573,500
+76,400
| +15% | +$48.6M |
|
381
PUT
AST SpaceMobile
ASTS
$20.6B
| $299M | 0.03% |
3,602,600
-1,075,500
| -23% | -$101M |
|
382
PUT
Arista Networks
ANET
$238B
| $298M | 0.03% |
2,430,000
-1,151,000
| -32% | -$154M |
|
383
CALL
Capital One
COF
$134B
| $298M | 0.03% |
1,631,100
+234,100
| +17% | +$49M |
|
384
PUT
Newmont
NEM
$139B
| $296M | 0.03% |
2,737,700
-3,308,100
| -55% | -$381M |
|
385
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $296M | 0.03% |
11,443,900
-503,100
| -4% | -$14.7M |
|
386
CALL
SLB Ltd
SLB
$79.9B
| $295M | 0.03% |
5,747,500
-50,400
| -0.9% | -$2.45M |
|
387
CALL
Rivian
RIVN
$24.6B
| $295M | 0.03% |
19,622,100
+1,903,500
| +11% | +$30.4M |
|
|
B
388
PUT
Barrick Mining
B
$78.3B
| $295M | 0.03% |
7,238,000
-5,022,300
| -41% | -$232M |
|
389
PUT
Deere & Co
DE
$175B
| $295M | 0.03% |
523,500
-104,800
| -17% | -$59.1M |
|
390
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $293M | 0.03% |
4,204,420
+4,047,707
| +2,583% | +$292M |
|
391
CALL
Bristol-Myers Squibb
BMY
$137B
| $293M | 0.03% |
4,835,000
-1,624,100
| -25% | -$94.7M |
|
392
PUT
Eaton
ETN
$163B
| $293M | 0.03% |
818,000
+105,000
| +15% | +$37.4M |
|
393
CALL
AT&T
T
$173B
| $292M | 0.03% |
10,068,600
-586,200
| -6% | -$15.7M |
|
394
Intel
INTC
$476B
| $292M | 0.03% |
6,610,614
+922,187
| +16% | +$42.3M |
|
395
CALL
TJX Companies
TJX
$155B
| $291M | 0.03% |
1,824,600
+800
| +0% | +$125K |
|
396
PUT
NextEra Energy
NEE
$174B
| $291M | 0.03% |
3,134,600
-608,500
| -16% | -$54.1M |
|
|
397
PUT
KraneShares CSI China Internet ETF
KWEB
$5.27B
| $288M | 0.03% |
10,147,300
-7,329,300
| -42% | -$240M |
|
398
CALL
Cigna
CI
$73.3B
| $288M | 0.03% |
1,078,600
-91,400
| -8% | -$25.3M |
|
|
399
PUT
Bristol-Myers Squibb
BMY
$137B
| $287M | 0.03% |
4,730,900
-2,964,800
| -39% | -$173M |
|
400
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.85B
| $286M | 0.03% |
3,548,600
-2,266,300
| -39% | -$161M |
|
Similar funds
Jeff Yass's Q1 2026 Portfolio in Review
As of Q1 2026, Jeff Yass held 14,567 positions worth $893B, up 2.9% from $868B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $70.6B of net new capital in Q1 2026, opening 2,388 new positions and adding to 5,757 existing holdings. Its largest new stake was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was JPMorgan International Research Enhanced Equity ETF, an estimated $785M trimmed.
- Jeff Yass's largest Q1 2026 buy was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
- Jeff Yass added most to Invesco QQQ Trust in Q1 2026, an estimated $2.65B increase.
- Jeff Yass's biggest Q1 2026 reduction was JPMorgan International Research Enhanced Equity ETF, cutting an estimated $785M.
- Jeff Yass fully exited Schwab International Equity ETF in Q1 2026, selling an estimated $147M.
- Jeff Yass's ten largest holdings make up 27% of its $893B portfolio in Q1 2026.
- Jeff Yass opened 2,388 new positions and closed 1,500 in Q1 2026.
- Jeff Yass's portfolio value rose 2.9% quarter-over-quarter to $893B.
Based on Susquehanna International Group's 13F filing for Q1 2026, filed 15 May 2026.