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 | |
|---|---|---|---|---|---|---|
701
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$407M
| $89.4M | 0.02% |
521,500
-92,950
| -15% | -$14M |
|
702
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $89.1M | 0.02% |
3,044,500
+312,300
| +11% | +$12.2M |
|
703
CALL
Charter Communications
CHTR
$17.9B
| $89.1M | 0.02% |
241,700
-177,300
| -42% | -$63.4M |
|
|
TEM
704
PUT
Tempus AI
TEM
$11.9B
| $89M | 0.02% |
1,844,100
+1,397,700
| +313% | +$75.5M |
|
705
Uber
UBER
$162B
| $89M | 0.02% |
1,220,905
-3,342,490
| -73% | -$241M |
|
706
CALL
ON Semiconductor
ON
$28B
| $88.9M | 0.02% |
2,183,700
-606,600
| -22% | -$30.5M |
|
707
Occidental Petroleum
OXY
$60.1B
| $88.8M | 0.02% |
1,799,884
+1,135,890
| +171% | +$55.5M |
|
|
EA
708
PUT
DELISTED
Electronic Arts
EA
| $88.6M | 0.02% |
613,100
-156,600
| -20% | -$21.1M |
|
709
PUT
TransDigm Group
TDG
$66.3B
| $88.1M | 0.02% |
63,700
-60,800
| -49% | -$81.1M |
|
710
PUT
CME Group
CME
$100B
| $87.9M | 0.02% |
331,200
-307,800
| -48% | -$75.9M |
|
711
CALL
Las Vegas Sands
LVS
$30.4B
| $87.7M | 0.02% |
2,269,100
-657,100
| -22% | -$29M |
|
712
Trade Desk
TTD
$6.24B
| $87.4M | 0.01% |
1,596,483
+979,691
| +159% | +$88.6M |
|
713
JD.com
JD
$39.4B
| $87.2M | 0.01% |
2,121,238
+1,054,347
| +99% | +$42.3M |
|
714
CALL
Stryker
SYK
$126B
| $86.6M | 0.01% |
232,700
+34,500
| +17% | +$13.1M |
|
715
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $86.3M | 0.01% |
1,585,300
-480,500
| -23% | -$25.7M |
|
|
DOCU
716
CALL
DocuSign
DOCU
$11.9B
| $86.1M | 0.01% |
1,058,200
-652,300
| -38% | -$57.1M |
|
717
PUT
D.R. Horton
DHI
$41.7B
| $86.1M | 0.01% |
677,000
-99,000
| -13% | -$13.3M |
|
718
Brookfield Asset Management
BAM
$83.6B
| $86M | 0.01% |
+1,775,684
| New | +$96.8M |
|
719
PUT
Teradyne
TER
$57B
| $85.7M | 0.01% |
1,038,100
-189,600
| -15% | -$21.2M |
|
720
CALL
US Bancorp
USB
$97.3B
| $85.4M | 0.01% |
2,023,700
-293,700
| -13% | -$13.6M |
|
721
PUT
Warner Bros
WBD
$72B
| $85.2M | 0.01% |
7,944,100
-369,100
| -4% | -$3.86M |
|
|
FLG
722
CALL
Flagstar Bank National Association
FLG
$5.57B
| $85.2M | 0.01% |
7,335,600
+1,069,600
| +17% | +$12M |
|
723
Honeywell
HON
$68.1B
| $85.1M | 0.01% |
426,637
-158,038
| -27% | -$32M |
|
724
iShares MSCI EAFE ETF
EFA
$79.9B
| $85.1M | 0.01% |
1,041,364
-3,138,059
| -75% | -$253M |
|
725
Snowflake
SNOW
$112B
| $85M | 0.01% |
581,292
+90,390
| +18% | +$15.3M |
|
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.