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 | Technology | 1.55% |
| 2 | Consumer Discretionary | 0.95% |
| 3 | Financials | 0.77% |
| 4 | Healthcare | 0.67% |
| 5 | Industrials | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CALL
Cloudflare
NET
$104B
| $195M | 0.03% |
1,727,600
-63,400
| -4% | -$8.4M |
|
|
TLN
402
CALL
Talen Energy Corp
TLN
$15.1B
| $195M | 0.03% |
974,700
+124,200
| +15% | +$26.9M |
|
403
CALL
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.74B
| $194M | 0.03% |
15,590,100
+8,306,100
| +114% | +$153M |
|
404
CALL
WIX.com
WIX
$3.43B
| $194M | 0.03% |
1,186,200
+141,300
| +14% | +$29.4M |
|
405
CALL
HCA Healthcare
HCA
$92.9B
| $192M | 0.03% |
556,100
+85,500
| +18% | +$27.5M |
|
406
CALL
DraftKings
DKNG
$13B
| $192M | 0.03% |
5,784,300
+1,246,600
| +27% | +$51.2M |
|
407
CALL
Northrop Grumman
NOC
$78.3B
| $192M | 0.03% |
374,200
-13,500
| -3% | -$6.45M |
|
408
CALL
Energy Transfer Partners
ET
$73B
| $191M | 0.03% |
10,294,600
-1,486,300
| -13% | -$29M |
|
|
XYZ
409
PUT
Block Inc
XYZ
$49.4B
| $191M | 0.03% |
3,521,900
-100,200
| -3% | -$7.48M |
|
410
CALL
Dollar General
DG
$27.2B
| $190M | 0.03% |
2,164,900
+638,600
| +42% | +$48.3M |
|
411
PUT
Abbott
ABT
$202B
| $190M | 0.03% |
1,434,400
+52,600
| +4% | +$6.69M |
|
412
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $189M | 0.03% |
368,400
-199,300
| -35% | -$108M |
|
413
CALL
Airbnb
ABNB
$110B
| $189M | 0.03% |
1,578,600
-289,700
| -16% | -$38.8M |
|
414
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $188M | 0.03% |
7,058,900
+1,141,400
| +19% | +$30.3M |
|
415
CALL
Lennar Class A
LEN
$21B
| $187M | 0.03% |
1,633,400
-151,624
| -8% | -$18.9M |
|
416
CALL
SoFi Technologies
SOFI
$24.4B
| $186M | 0.03% |
15,981,600
-4,616,300
| -22% | -$66.5M |
|
417
Alibaba
BABA
$286B
| $186M | 0.03% |
1,405,625
-411,524
| -23% | -$47.5M |
|
418
CALL
Unity
U
$20.7B
| $185M | 0.03% |
9,449,800
-3,582,700
| -27% | -$80.9M |
|
419
PUT
Zscaler
ZS
$29.4B
| $185M | 0.03% |
930,700
-485,100
| -34% | -$96.7M |
|
420
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| $184M | 0.03% |
4,210,163
+2,556,103
| +155% | +$111M |
|
421
CALL
CME Group
CME
$98.9B
| $184M | 0.03% |
693,400
+74,400
| +12% | +$18.4M |
|
422
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $181M | 0.03% |
1,384,000
+149,900
| +12% | +$20.3M |
|
423
CALL
Nucor
NUE
$55.3B
| $181M | 0.03% |
1,506,000
+204,900
| +16% | +$26.4M |
|
424
CALL
Okta
OKTA
$23.5B
| $178M | 0.03% |
1,696,400
-153,700
| -8% | -$15M |
|
425
JPMorgan Chase
JPM
$935B
| $177M | 0.03% |
719,537
-611,463
| -46% | -$156M |
|
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 withdrew a net $24.4B in Q1 2025, closing 1,483 positions and reducing 4,842 holdings. Its most notable exit was Inari Medical, Inc. Common Stock, an estimated $24M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in Brookfield Asset Management worth $86M.
- 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 1,483 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.