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 | |
|---|---|---|---|---|---|---|
426
PUT
Enphase Energy
ENPH
$5.1B
| $176M | 0.03% |
2,843,900
-391,200
| -12% | -$24.8M |
|
427
PUT
KKR & Co
KKR
$97.4B
| $176M | 0.03% |
1,525,800
+550,200
| +56% | +$75.7M |
|
428
PUT
SoFi Technologies
SOFI
$24.4B
| $176M | 0.03% |
15,107,700
-4,434,900
| -23% | -$63.9M |
|
429
CALL
General Dynamics
GD
$104B
| $176M | 0.03% |
644,400
-61,000
| -9% | -$15.9M |
|
430
CALL
AutoZone
AZO
$48.3B
| $175M | 0.03% |
46,000
-61,800
| -57% | -$213M |
|
431
Cigna
CI
$73.3B
| $175M | 0.03% |
532,554
+41,100
| +8% | +$12.4M |
|
432
Wynn Resorts
WYNN
$10.3B
| $174M | 0.03% |
2,088,156
+1,581,065
| +312% | +$135M |
|
433
PUT
Constellation Brands
STZ
$23.2B
| $173M | 0.03% |
942,600
+300,400
| +47% | +$54.6M |
|
434
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $173M | 0.03% |
1,812,993
+1,666,639
| +1,139% | +$156M |
|
|
435
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $172M | 0.03% |
1,806,200
+547,500
| +43% | +$51.2M |
|
436
PUT
Charter Communications
CHTR
$17.9B
| $170M | 0.03% |
461,700
+102,500
| +29% | +$36.7M |
|
437
CALL
On Holding
ONON
$10B
| $170M | 0.03% |
3,871,600
-2,141,700
| -36% | -$113M |
|
|
SCHW
438
PUT
Charles Schwab
SCHW
$194B
| $170M | 0.03% |
2,167,300
-358,700
| -14% | -$28.2M |
|
439
PUT
Datadog
DDOG
$84.6B
| $170M | 0.03% |
1,709,600
-726,800
| -30% | -$91.7M |
|
440
CALL
Duke Energy
DUK
$93.4B
| $169M | 0.03% |
1,386,700
+572,900
| +70% | +$65.3M |
|
441
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $169M | 0.03% |
10,598,900
+4,387,500
| +71% | +$111M |
|
442
PUT
Lennar Class A
LEN
$21B
| $169M | 0.03% |
1,472,600
+563,353
| +62% | +$70.4M |
|
443
PUT
KLA
KLAC
$240B
| $168M | 0.03% |
2,476,000
-1,315,000
| -35% | -$94.7M |
|
444
PUT
Abercrombie & Fitch
ANF
$4.84B
| $168M | 0.03% |
2,200,400
+819,400
| +59% | +$88.2M |
|
445
PayPal
PYPL
$52.7B
| $168M | 0.03% |
2,571,790
+1,721,928
| +203% | +$134M |
|
446
First Trust Utilities AlphaDEX Fund
FXU
$802M
| $168M | 0.03% |
4,090,427
+4,072,925
| +23,271% | +$161M |
|
447
Walt Disney
DIS
$186B
| $168M | 0.03% |
1,697,469
+532,596
| +46% | +$57.2M |
|
448
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $167M | 0.03% |
1,058,700
+377,800
| +55% | +$62.3M |
|
449
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $167M | 0.03% |
313,300
+9,000
| +3% | +$5.11M |
|
450
Vistra
VST
$45.7B
| $166M | 0.03% |
1,409,397
+1,229,032
| +681% | +$184M |
|
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.