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 | |
|---|---|---|---|---|---|---|
626
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $106M | 0.02% |
1,189,000
-148,500
| -11% | -$14.7M |
|
627
CALL
CAVA Group
CAVA
$8.4B
| $105M | 0.02% |
1,220,300
-368,800
| -23% | -$40M |
|
628
PUT
Live Nation Entertainment
LYV
$43B
| $105M | 0.02% |
805,900
+380,400
| +89% | +$51.9M |
|
629
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $105M | 0.02% |
822,000
+34,300
| +4% | +$4.65M |
|
630
PUT
Atlassian
TEAM
$43.4B
| $105M | 0.02% |
494,800
-301,700
| -38% | -$79.6M |
|
631
CALL
Tapestry
TPR
$26.3B
| $105M | 0.02% |
1,485,800
+351,700
| +31% | +$26.6M |
|
632
CALL
Rio Tinto
RIO
$171B
| $104M | 0.02% |
1,735,700
+290,400
| +20% | +$17.9M |
|
633
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $104M | 0.02% |
1,315,877
-832,831
| -39% | -$66.1M |
|
634
CALL
iShares US Real Estate ETF
IYR
$4.67B
| $104M | 0.02% |
1,082,400
-582,200
| -35% | -$55.4M |
|
635
CALL
International Paper
IP
$21.7B
| $103M | 0.02% |
1,937,000
-1,079,900
| -36% | -$59.1M |
|
636
PUT
Autodesk
ADSK
$53.7B
| $103M | 0.02% |
393,500
-92,200
| -19% | -$26.2M |
|
637
CALL
Dow Inc
DOW
$22.7B
| $103M | 0.02% |
2,942,700
+198,400
| +7% | +$7.62M |
|
|
638
CALL
Live Nation Entertainment
LYV
$43B
| $103M | 0.02% |
785,300
+152,500
| +24% | +$20.8M |
|
639
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$675M
| $102M | 0.02% |
2,457,700
+1,427,300
| +139% | +$53.2M |
|
640
CALL
PNC Financial Services
PNC
$97.2B
| $102M | 0.02% |
578,500
+110,100
| +24% | +$20.8M |
|
641
Lam Research
LRCX
$388B
| $102M | 0.02% |
1,398,363
+12,460
| +0.9% | +$981K |
|
642
CALL
Kinder Morgan
KMI
$69B
| $101M | 0.02% |
3,555,800
-297,500
| -8% | -$8.24M |
|
643
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $101M | 0.02% |
1,233,000
-1,490,700
| -55% | -$119M |
|
644
PUT
Synopsys
SNPS
$75.6B
| $100M | 0.02% |
233,700
-149,500
| -39% | -$72.6M |
|
645
lululemon athletica
LULU
$13.9B
| $100M | 0.02% |
353,307
+239,977
| +212% | +$88M |
|
646
CRH
CRH
$63.7B
| $100M | 0.02% |
1,136,732
+80,103
| +8% | +$7.88M |
|
647
CALL
Cintas
CTAS
$83B
| $99.5M | 0.02% |
484,300
+110,800
| +30% | +$22.1M |
|
648
PUT
FTAI Aviation
FTAI
$20.4B
| $99.5M | 0.02% |
896,400
+463,500
| +107% | +$54.8M |
|
649
CALL
Chewy
CHWY
$10B
| $99.5M | 0.02% |
3,061,300
+491,000
| +19% | +$17.6M |
|
650
CrowdStrike
CRWD
$194B
| $99.4M | 0.02% |
1,127,584
-389,240
| -26% | -$37.1M |
|
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.