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 | |
|---|---|---|---|---|---|---|
726
CALL
Astera Labs
ALAB
$48.1B
| $84.9M | 0.01% |
1,422,000
+111,500
| +9% | +$10.3M |
|
727
Shopify
SHOP
$193B
| $84.8M | 0.01% |
887,836
+514,168
| +138% | +$56M |
|
728
American Airlines Group
AAL
$9.02B
| $84.8M | 0.01% |
8,034,225
+3,695,129
| +85% | +$55.6M |
|
729
CALL
Southwest Airlines
LUV
$19.9B
| $84.7M | 0.01% |
2,522,600
+307,700
| +14% | +$9.74M |
|
730
PUT
Wayfair
W
$14.1B
| $84.5M | 0.01% |
2,638,800
+637,800
| +32% | +$26.5M |
|
731
CALL
Truist Financial
TFC
$62.1B
| $84.5M | 0.01% |
2,053,000
-523,800
| -20% | -$23.3M |
|
732
PUT
Fair Isaac
FICO
$25.2B
| $84.5M | 0.01% |
45,800
-17,200
| -27% | -$31.9M |
|
733
CALL
MetLife
MET
$61.1B
| $84.4M | 0.01% |
1,051,100
-305,000
| -22% | -$25.4M |
|
734
ARK Innovation ETF
ARKK
$6.41B
| $84.2M | 0.01% |
1,768,706
-93,467
| -5% | -$5.36M |
|
735
CALL
TKO Group
TKO
$14.1B
| $84.1M | 0.01% |
550,300
-798,300
| -59% | -$122M |
|
736
PUT
Parker-Hannifin
PH
$128B
| $84.1M | 0.01% |
138,300
+90,900
| +192% | +$59.4M |
|
737
PUT
SAP
SAP
$252B
| $83.8M | 0.01% |
312,300
+196,700
| +170% | +$53.6M |
|
738
Morgan Stanley
MS
$336B
| $83.8M | 0.01% |
718,421
-60,640
| -8% | -$7.81M |
|
|
PARA
739
PUT
DELISTED
Paramount Global Class B
PARA
| $83.8M | 0.01% |
7,006,800
+66,700
| +1% | +$746K |
|
740
CALL
IonQ
IONQ
$16.6B
| $83.7M | 0.01% |
3,793,100
-80,700
| -2% | -$2.61M |
|
741
GE Vernova
GEV
$251B
| $83.5M | 0.01% |
273,635
-302,824
| -53% | -$106M |
|
742
PUT
Prudential Financial
PRU
$42.3B
| $83.5M | 0.01% |
747,400
-95,400
| -11% | -$10.9M |
|
|
743
CALL
Prudential Financial
PRU
$42.3B
| $83.3M | 0.01% |
746,300
-117,900
| -14% | -$13.4M |
|
744
PUT
ON Semiconductor
ON
$28B
| $83.3M | 0.01% |
2,048,300
-1,004,500
| -33% | -$50.6M |
|
745
CALL
Halliburton
HAL
$28.9B
| $82.7M | 0.01% |
3,259,300
+1,337,600
| +70% | +$35.2M |
|
746
CALL
Wheaton Precious Metals
WPM
$72.8B
| $82.4M | 0.01% |
1,062,000
-142,500
| -12% | -$9.51M |
|
747
PUT
Avis
CAR
$5.19B
| $82.3M | 0.01% |
1,084,800
+743,200
| +218% | +$59.7M |
|
748
Walmart Inc
WMT
$847B
| $82.3M | 0.01% |
937,283
-1,374,248
| -59% | -$129M |
|
749
Mastercard
MA
$525B
| $82.2M | 0.01% |
149,903
-207,142
| -58% | -$113M |
|
750
PUT
Digital Realty Trust
DLR
$69.8B
| $82.1M | 0.01% |
573,000
+298,900
| +109% | +$48.6M |
|
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.