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 | |
|---|---|---|---|---|---|---|
676
CALL
Realty Income
O
$59.8B
| $94.5M | 0.02% |
1,629,300
+726,300
| +80% | +$40.2M |
|
677
CALL
Southern Company
SO
$104B
| $94.4M | 0.02% |
1,026,600
+180,500
| +21% | +$15.6M |
|
678
PUT
PNC Financial Services
PNC
$97.2B
| $94.3M | 0.02% |
536,300
-200,900
| -27% | -$37.9M |
|
679
PUT
Best Buy
BBY
$18.4B
| $94.2M | 0.02% |
1,279,600
+150,900
| +13% | +$12.4M |
|
680
PUT
Monolithic Power Systems
MPWR
$63.2B
| $93.8M | 0.02% |
161,700
-200,300
| -55% | -$126M |
|
681
CALL
Akamai
AKAM
$15.2B
| $93.7M | 0.02% |
1,163,800
-264,700
| -19% | -$23.7M |
|
682
CALL
Old National Bancorp
ONB
$9.86B
| $93.4M | 0.02% |
4,407,500
-196,500
| -4% | -$4.42M |
|
683
PUT
Cadence Design Systems
CDNS
$87B
| $93.3M | 0.02% |
367,000
+112,400
| +44% | +$31.3M |
|
684
PUT
Zoom
ZM
$30.7B
| $93.2M | 0.02% |
1,263,300
-64,100
| -5% | -$5.11M |
|
685
PUT
Floor & Decor
FND
$5.84B
| $93.1M | 0.02% |
1,156,900
+654,400
| +130% | +$61.8M |
|
686
CALL
Enphase Energy
ENPH
$4.91B
| $93.1M | 0.02% |
1,500,100
-23,100
| -2% | -$1.46M |
|
687
CALL
Carpenter Technology
CRS
$23.6B
| $92.7M | 0.02% |
511,400
-173,200
| -25% | -$33.4M |
|
|
NVO
688
CALL
Novo Nordisk
NVO
$207B
| $92.6M | 0.02% |
1,333,400
-561,100
| -30% | -$46.3M |
|
689
PUT
Comcast
CMCSA
$95.9B
| $91.9M | 0.02% |
2,491,500
-588,500
| -19% | -$21.2M |
|
690
Vale
VALE
$64B
| $91.9M | 0.02% |
9,209,644
-418,609
| -4% | -$3.96M |
|
691
PUT
Centene
CNC
$32.4B
| $91.7M | 0.02% |
1,510,900
+754,000
| +100% | +$45.6M |
|
|
HES
692
CALL
DELISTED
Hess
HES
| $91.7M | 0.02% |
574,100
-21,800
| -4% | -$3.21M |
|
693
CALL
Toast
TOST
$21.2B
| $91.6M | 0.02% |
2,760,200
+192,500
| +7% | +$7.21M |
|
694
PUT
Analog Devices
ADI
$181B
| $91.1M | 0.02% |
451,800
-97,600
| -18% | -$21.1M |
|
695
Freeport-McMoran
FCX
$112B
| $91.1M | 0.02% |
2,406,009
+1,330,722
| +124% | +$50.9M |
|
696
Nice
NICE
$5.87B
| $91.1M | 0.02% |
590,661
+411,675
| +230% | +$65.9M |
|
697
Procter & Gamble
PG
$341B
| $90.9M | 0.02% |
533,673
-440,347
| -45% | -$73.8M |
|
698
PUT
Kraft Heinz
KHC
$30.4B
| $90.3M | 0.02% |
2,965,900
+444,100
| +18% | +$13.3M |
|
699
CALL
Sherwin-Williams
SHW
$84.2B
| $89.8M | 0.02% |
257,100
-27,600
| -10% | -$9.69M |
|
700
PUT
Mondelez International
MDLZ
$82.6B
| $89.5M | 0.02% |
1,319,800
+203,800
| +18% | +$12.6M |
|
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.