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 | |
|---|---|---|---|---|---|---|
401
CALL
S&P Global
SPGI
$127B
| $285M | 0.03% |
671,000
+177,600
| +36% | +$82.5M |
|
402
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $284M | 0.03% |
1,934,300
-1,336,300
| -41% | -$206M |
|
403
PUT
Petrobras
PBR
$123B
| $284M | 0.03% |
13,666,700
+4,143,700
| +44% | +$66.3M |
|
404
PUT
Celestica
CLS
$37.4B
| $283M | 0.03% |
1,006,100
-668,500
| -40% | -$194M |
|
405
CALL
Datadog
DDOG
$84.6B
| $283M | 0.03% |
2,394,600
+380,400
| +19% | +$47M |
|
406
PUT
United Therapeutics
UTHR
$22B
| $282M | 0.03% |
476,000
+293,500
| +161% | +$146M |
|
407
PUT
Apollo Global Management
APO
$78.4B
| $282M | 0.03% |
2,531,400
+742,800
| +42% | +$92.1M |
|
408
PUT
Amgen
AMGN
$238B
| $281M | 0.03% |
797,600
-416,400
| -34% | -$148M |
|
409
PUT
Moderna
MRNA
$57.9B
| $279M | 0.03% |
5,487,300
-52,500
| -0.9% | -$2.45M |
|
410
iShares MSCI EAFE ETF
EFA
$80B
| $278M | 0.03% |
2,866,734
+289,138
| +11% | +$28.9M |
|
411
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $276M | 0.03% |
7,694,600
-5,961,900
| -44% | -$227M |
|
412
PUT
Cameco
CCJ
$44.6B
| $275M | 0.03% |
2,529,600
-2,112,500
| -46% | -$242M |
|
413
PUT
T-Mobile US
TMUS
$196B
| $273M | 0.03% |
1,301,500
+292,100
| +29% | +$60M |
|
414
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $271M | 0.03% |
5,911,300
-1,613,900
| -21% | -$72.4M |
|
415
CALL
General Motors
GM
$77.2B
| $269M | 0.03% |
3,615,800
-1,538,200
| -30% | -$122M |
|
416
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $269M | 0.03% |
8,391,600
-6,152,300
| -42% | -$227M |
|
417
Goldman Sachs
GS
$303B
| $268M | 0.03% |
316,561
-83,436
| -21% | -$74.4M |
|
418
PUT
Gilead Sciences
GILD
$181B
| $268M | 0.03% |
1,920,300
+474,800
| +33% | +$66.5M |
|
419
Shopify
SHOP
$192B
| $267M | 0.03% |
2,254,053
+1,735,732
| +335% | +$228M |
|
420
PUT
United Parcel Service
UPS
$86.8B
| $267M | 0.03% |
2,714,900
-854,800
| -24% | -$91.7M |
|
421
CALL
Hims & Hers Health
HIMS
$7.88B
| $267M | 0.03% |
12,850,900
+5,110,200
| +66% | +$121M |
|
422
CALL
Strive Inc
ASST
$1.57B
| $267M | 0.03% |
26,609,900
+25,762,760
| +3,041% | +$321M |
|
423
PUT
Northrop Grumman
NOC
$78.3B
| $267M | 0.03% |
390,800
-28,600
| -7% | -$19.8M |
|
|
424
CALL
Apollo Global Management
APO
$78.4B
| $266M | 0.03% |
2,390,000
-971,900
| -29% | -$120M |
|
425
PUT
Synopsys
SNPS
$76.2B
| $263M | 0.03% |
663,900
-144,500
| -18% | -$65.3M |
|
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.