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 |
Invesco QQQ Trust
QQQ
|
+$2.65B |
| 2 |
TSMC
TSM
|
+$1.25B |
| 3 |
Microsoft
MSFT
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$957M |
| 5 |
UnitedHealth
UNH
|
+$774M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$785M |
| 2 |
Broadcom
AVGO
|
+$635M |
| 3 |
Netflix
NFLX
|
+$580M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
KraneShares CSI China Internet ETF
KWEB
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.02% |
| 2 | Consumer Discretionary | 0.76% |
| 3 | Healthcare | 0.56% |
| 4 | Financials | 0.54% |
| 5 | Communication Services | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
CALL
Southern Copper
SCCO
$181B
| $127M | 0.01% |
754,427
+197,275
| +35% | +$35.7M |
|
|
EXE
702
CALL
Expand Energy Corp
EXE
$22.3B
| $126M | 0.01% |
1,151,900
+27,400
| +2% | +$2.93M |
|
703
CALL
Duolingo
DUOL
$6.88B
| $126M | 0.01% |
1,280,600
+263,200
| +26% | +$32.5M |
|
704
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $126M | 0.01% |
1,586,432
+1,516,145
| +2,157% | +$122M |
|
705
CALL
American Airlines Group
AAL
$9.02B
| $126M | 0.01% |
11,736,600
+1,156,300
| +11% | +$15.3M |
|
706
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $126M | 0.01% |
204,300
-37,200
| -15% | -$23.6M |
|
707
PUT
iShares MSCI Canada ETF
EWC
$6.89B
| $126M | 0.01% |
2,294,800
-281,700
| -11% | -$15.7M |
|
708
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $126M | 0.01% |
654,100
-78,500
| -11% | -$15.6M |
|
709
CALL
Toast
TOST
$21.2B
| $125M | 0.01% |
4,714,400
+1,380,000
| +41% | +$41.2M |
|
710
CALL
Linde
LIN
$226B
| $125M | 0.01% |
251,900
-77,200
| -23% | -$36.4M |
|
711
Wells Fargo
WFC
$256B
| $124M | 0.01% |
1,562,269
-158,491
| -9% | -$13.6M |
|
712
CALL
Petrobras Class A
PBR.A
$108B
| $124M | 0.01% |
6,632,300
+5,972,600
| +905% | +$88.5M |
|
713
CALL
Marathon Digital Holdings
MARA
$4.32B
| $124M | 0.01% |
15,239,300
-406,100
| -3% | -$3.68M |
|
714
Merck
MRK
$372B
| $124M | 0.01% |
1,033,222
-425,911
| -29% | -$49.2M |
|
715
CALL
McKesson
MCK
$102B
| $124M | 0.01% |
143,500
-127,000
| -47% | -$113M |
|
716
Newmont
NEM
$139B
| $124M | 0.01% |
1,146,632
-620,529
| -35% | -$71.5M |
|
717
CALL
Okta
OKTA
$22.8B
| $124M | 0.01% |
1,575,800
-278,100
| -15% | -$23.1M |
|
718
CALL
On Holding
ONON
$9.87B
| $124M | 0.01% |
3,639,200
-808,400
| -18% | -$35.3M |
|
719
CALL
CF Industries
CF
$19.6B
| $123M | 0.01% |
950,900
+710,000
| +295% | +$72.4M |
|
720
ARK Innovation ETF
ARKK
$6.41B
| $123M | 0.01% |
1,825,737
-2,786,153
| -60% | -$207M |
|
721
CALL
Rocket Companies
RKT
$39.9B
| $123M | 0.01% |
8,645,300
+548,000
| +7% | +$9.97M |
|
722
CALL
iShares Gold Trust
IAU
$69B
| $122M | 0.01% |
1,386,500
-1,168,700
| -46% | -$107M |
|
|
FISV
723
PUT
Fiserv Inc
FISV
$28.2B
| $122M | 0.01% |
2,183,900
-814,800
| -27% | -$50.4M |
|
724
PUT
Rivian
RIVN
$24B
| $122M | 0.01% |
8,090,800
-2,211,800
| -21% | -$35.4M |
|
725
PUT
Nextpower Inc
NXT
$12.8B
| $121M | 0.01% |
1,004,700
-666,100
| -40% | -$73.8M |
|
Similar funds
Jeff Yass's Q1 2026 Portfolio in Review
As of Q1 2026, Jeff Yass held 14,567 positions worth $893B, up 2.9% from $868B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $70.6B of net new capital in Q1 2026, opening 2,388 new positions and adding to 5,757 existing holdings. Its largest new stake was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was JPMorgan International Research Enhanced Equity ETF, an estimated $785M trimmed.
- Jeff Yass's largest Q1 2026 buy was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
- Jeff Yass added most to Invesco QQQ Trust in Q1 2026, an estimated $2.65B increase.
- Jeff Yass's biggest Q1 2026 reduction was JPMorgan International Research Enhanced Equity ETF, cutting an estimated $785M.
- Jeff Yass fully exited Schwab International Equity ETF in Q1 2026, selling an estimated $147M.
- Jeff Yass's ten largest holdings make up 27% of its $893B portfolio in Q1 2026.
- Jeff Yass opened 2,388 new positions and closed 1,500 in Q1 2026.
- Jeff Yass's portfolio value rose 2.9% quarter-over-quarter to $893B.
Based on Susquehanna International Group's 13F filing for Q1 2026, filed 15 May 2026.