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 | |
|---|---|---|---|---|---|---|
551
CALL
Digital Realty Trust
DLR
$69.6B
| $126M | 0.02% |
880,800
+208,600
| +31% | +$33.9M |
|
552
CALL
Cameco
CCJ
$44.5B
| $126M | 0.02% |
3,062,400
-1,549,500
| -34% | -$72.9M |
|
553
PUT
Take-Two Interactive
TTWO
$44.2B
| $126M | 0.02% |
607,800
-759,000
| -56% | -$152M |
|
554
CALL
BP
BP
$113B
| $126M | 0.02% |
3,724,500
+267,500
| +8% | +$8.73M |
|
555
CALL
Kimberly-Clark
KMB
$36.9B
| $126M | 0.02% |
883,700
+201,900
| +30% | +$27.2M |
|
556
PUT
Elevance Health
ELV
$87.4B
| $126M | 0.02% |
288,800
+13,100
| +5% | +$5.26M |
|
|
B
557
Barrick Mining
B
$78.7B
| $126M | 0.02% |
6,459,219
+3,117,695
| +93% | +$54.6M |
|
558
PUT
Roblox
RBLX
$27.7B
| $125M | 0.02% |
2,149,400
+448,600
| +26% | +$28.2M |
|
559
CALL
Rocket Lab Corp
RKLB
$44.2B
| $125M | 0.02% |
6,991,500
-24,600
| -0.4% | -$589K |
|
560
PUT
Valero Energy
VLO
$99.7B
| $125M | 0.02% |
944,300
-512,400
| -35% | -$68M |
|
561
CALL
C3.ai
AI
$1.57B
| $125M | 0.02% |
5,921,500
+49,600
| +0.8% | +$1.41M |
|
562
PUT
Wynn Resorts
WYNN
$10.2B
| $125M | 0.02% |
1,491,400
+184,500
| +14% | +$15.7M |
|
563
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $124M | 0.02% |
3,156,600
+19,600
| +0.6% | +$766K |
|
564
PUT
Williams Companies
WMB
$87.1B
| $124M | 0.02% |
2,077,900
+244,000
| +13% | +$14M |
|
565
CALL
Enterprise Products Partners
EPD
$82.8B
| $123M | 0.02% |
3,611,000
+288,300
| +9% | +$9.6M |
|
566
Wells Fargo
WFC
$256B
| $123M | 0.02% |
1,716,922
-1,007,115
| -37% | -$75.6M |
|
567
PUT
Medtronic
MDT
$119B
| $123M | 0.02% |
1,369,400
+393,700
| +40% | +$35.2M |
|
568
CALL
SiriusXM
SIRI
$9.61B
| $123M | 0.02% |
5,439,100
+619,300
| +13% | +$14.6M |
|
569
CALL
VanEck Oil Services ETF
OIH
$1.93B
| $123M | 0.02% |
467,700
+71,700
| +18% | +$19.5M |
|
570
PUT
Nucor
NUE
$55.4B
| $122M | 0.02% |
1,017,100
+373,700
| +58% | +$48.1M |
|
571
Humana
HUM
$45.9B
| $122M | 0.02% |
462,471
+172,390
| +59% | +$46.6M |
|
572
CALL
Aon
AON
$76B
| $122M | 0.02% |
305,800
+2,900
| +1% | +$1.11M |
|
573
PUT
NextEra Energy
NEE
$175B
| $121M | 0.02% |
1,706,900
-467,600
| -22% | -$33M |
|
574
First Solar
FSLR
$22.6B
| $121M | 0.02% |
954,417
+784,189
| +461% | +$122M |
|
|
AXON
575
CALL
Axon Enterprise
AXON
$49B
| $120M | 0.02% |
229,000
-114,400
| -33% | -$67M |
|
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.