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 | |
|---|---|---|---|---|---|---|
751
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $82.1M | 0.01% |
519,100
+37,100
| +8% | +$6.12M |
|
752
Texas Instruments
TXN
$236B
| $82M | 0.01% |
456,368
-50,607
| -10% | -$9.47M |
|
753
DoorDash
DASH
$99.3B
| $81.9M | 0.01% |
448,232
+220,658
| +97% | +$41.5M |
|
754
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $81.7M | 0.01% |
1,542,600
-36,200
| -2% | -$2.03M |
|
755
PUT
Expedia Group
EXPE
$40.7B
| $81.6M | 0.01% |
485,700
-83,400
| -15% | -$15.2M |
|
756
PUT
Interactive Brokers
IBKR
$42.2B
| $81.4M | 0.01% |
1,965,200
+1,043,600
| +113% | +$51.7M |
|
757
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $81.3M | 0.01% |
693,700
-471,920
| -40% | -$48.8M |
|
758
CALL
Phillips 66
PSX
$96.5B
| $81.1M | 0.01% |
656,400
-106,200
| -14% | -$13.1M |
|
759
PUT
Vanguard Morningstar Growth ETF
VUG
$224B
| $80.9M | 0.01% |
1,308,600
+196,800
| +18% | +$13.3M |
|
760
CALL
Pinterest
PINS
$13.3B
| $80.4M | 0.01% |
2,594,300
-599,100
| -19% | -$20.3M |
|
761
United Parcel Service
UPS
$87.4B
| $80.4M | 0.01% |
730,638
-11,974
| -2% | -$1.43M |
|
762
Oracle
ORCL
$410B
| $80.3M | 0.01% |
574,401
-104,333
| -15% | -$17M |
|
763
CALL
Match Group
MTCH
$9.58B
| $80M | 0.01% |
2,564,900
-585,900
| -19% | -$19.1M |
|
764
CALL
Illinois Tool Works
ITW
$80.9B
| $80M | 0.01% |
322,400
+256,400
| +388% | +$65.9M |
|
765
CALL
Fair Isaac
FICO
$25.2B
| $79.9M | 0.01% |
43,300
-23,500
| -35% | -$43.5M |
|
766
CALL
NXP Semiconductors
NXPI
$56.1B
| $79.2M | 0.01% |
416,700
-106,400
| -20% | -$22.7M |
|
767
CALL
Becton Dickinson
BDX
$52B
| $79.1M | 0.01% |
345,500
+171,100
| +98% | +$39.7M |
|
768
PUT
Cheniere Energy
LNG
$58B
| $78.8M | 0.01% |
340,400
+49,900
| +17% | +$11.2M |
|
769
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.41B
| $78.5M | 0.01% |
13,539
-8,369
| -38% | -$36.6M |
|
770
CALL
Equinix
EQIX
$104B
| $78.4M | 0.01% |
96,100
+6,500
| +7% | +$5.84M |
|
771
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $78.1M | 0.01% |
1,517,700
-142,600
| -9% | -$6.6M |
|
772
PUT
Twilio
TWLO
$34.2B
| $77.7M | 0.01% |
793,900
-49,700
| -6% | -$5.89M |
|
773
CALL
Veeva Systems
VEEV
$40.4B
| $77.6M | 0.01% |
335,200
+19,100
| +6% | +$4.36M |
|
774
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $77.6M | 0.01% |
1,804,470
+348,460
| +24% | +$15.2M |
|
775
CALL
Monolithic Power Systems
MPWR
$63.2B
| $77.3M | 0.01% |
133,200
-86,300
| -39% | -$54.4M |
|
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.