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 | |
|---|---|---|---|---|---|---|
651
CALL
Corning
GLW
$126B
| $99.4M | 0.02% |
2,170,700
+449,500
| +26% | +$22.2M |
|
652
Costco
COST
$431B
| $99.2M | 0.02% |
104,918
-108,614
| -51% | -$106M |
|
|
EA
653
CALL
DELISTED
Electronic Arts
EA
| $98.9M | 0.02% |
684,600
+392,900
| +135% | +$53.1M |
|
654
Super Micro Computer
SMCI
$22.7B
| $98.8M | 0.02% |
2,886,222
+824,130
| +40% | +$31.3M |
|
655
PUT
Tapestry
TPR
$26.3B
| $98.5M | 0.02% |
1,399,200
+295,600
| +27% | +$22.4M |
|
656
Constellation Energy
CEG
$96.9B
| $98.4M | 0.02% |
488,071
+362,588
| +289% | +$97.2M |
|
|
NVO
657
Novo Nordisk
NVO
$208B
| $98.3M | 0.02% |
1,414,913
+1,129,205
| +395% | +$93.3M |
|
658
Visa
V
$714B
| $98.1M | 0.02% |
279,851
-477,786
| -63% | -$162M |
|
659
CALL
Cardinal Health
CAH
$54B
| $97.4M | 0.02% |
707,200
-37,300
| -5% | -$4.75M |
|
660
PUT
Linde
LIN
$226B
| $97.4M | 0.02% |
209,200
-244,900
| -54% | -$110M |
|
661
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.62B
| $97M | 0.02% |
10,191,100
+5,664,700
| +125% | +$105M |
|
662
PUT
Kroger
KR
$36.2B
| $97M | 0.02% |
1,432,300
+583,000
| +69% | +$36.9M |
|
663
Ford
F
$55.5B
| $96.9M | 0.02% |
9,661,896
+666,971
| +7% | +$6.51M |
|
664
PUT
Duke Energy
DUK
$95.1B
| $96.8M | 0.02% |
793,600
+242,600
| +44% | +$27.7M |
|
665
CALL
AB InBev
BUD
$156B
| $96.7M | 0.02% |
1,571,400
+466,600
| +42% | +$25.5M |
|
666
PUT
BP
BP
$113B
| $96.5M | 0.02% |
2,854,500
+1,129,900
| +66% | +$36.9M |
|
667
PUT
Pinterest
PINS
$13.3B
| $96.4M | 0.02% |
3,108,900
+1,060,400
| +52% | +$35.9M |
|
668
Regeneron Pharmaceuticals
REGN
$85.3B
| $96.1M | 0.02% |
151,458
+69,266
| +84% | +$47.6M |
|
|
EXE
669
PUT
Expand Energy Corp
EXE
$22.3B
| $95.7M | 0.02% |
859,300
+159,500
| +23% | +$16.6M |
|
670
iShares MSCI Brazil ETF
EWZ
$8.07B
| $95.7M | 0.02% |
3,700,474
-3,876,631
| -51% | -$96.6M |
|
671
CALL
Interactive Brokers
IBKR
$42.2B
| $95.6M | 0.02% |
2,310,000
+205,200
| +10% | +$10.2M |
|
672
PUT
Chubb
CB
$133B
| $95.2M | 0.02% |
315,300
-13,600
| -4% | -$3.78M |
|
673
CALL
D.R. Horton
DHI
$41.7B
| $95M | 0.02% |
747,600
-80,400
| -10% | -$10.8M |
|
674
T-Mobile US
TMUS
$196B
| $95M | 0.02% |
356,060
-796,815
| -69% | -$196M |
|
675
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $94.8M | 0.02% |
978,300
-144,400
| -13% | -$15M |
|
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.