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 | |
|---|---|---|---|---|---|---|
|
776
Berkshire Hathaway Class B
BRK.B
$1.08T
| $77.2M | 0.01% |
144,973
-1,171,853
| -89% | -$570M |
|
777
CALL
Biogen
BIIB
$32.2B
| $77.1M | 0.01% |
563,300
+144,100
| +34% | +$20.6M |
|
778
Dell
DELL
$280B
| $77.1M | 0.01% |
845,462
-365,493
| -30% | -$38.7M |
|
|
DOCU
779
PUT
DocuSign
DOCU
$11.9B
| $76.9M | 0.01% |
944,400
-726,100
| -43% | -$63.6M |
|
780
Cheniere Energy
LNG
$58B
| $76.8M | 0.01% |
331,903
+161,489
| +95% | +$36.4M |
|
781
CALL
Best Buy
BBY
$18.4B
| $76.5M | 0.01% |
1,039,200
-86,400
| -8% | -$7.12M |
|
782
Enphase Energy
ENPH
$4.91B
| $76.4M | 0.01% |
1,232,065
+538,746
| +78% | +$34.1M |
|
783
PUT
Automatic Data Processing
ADP
$112B
| $76.4M | 0.01% |
250,000
-72,200
| -22% | -$21.8M |
|
|
PARA
784
DELISTED
Paramount Global Class B
PARA
| $76.3M | 0.01% |
6,376,330
-1,743,696
| -21% | -$19.5M |
|
785
CALL
Avis
CAR
$5.19B
| $76.1M | 0.01% |
1,002,500
+570,500
| +132% | +$45.8M |
|
786
PUT
Burlington
BURL
$20.8B
| $76M | 0.01% |
319,000
+89,800
| +39% | +$23.3M |
|
787
PUT
AstraZeneca
AZN
$259B
| $75.9M | 0.01% |
516,250
-416,300
| -45% | -$60.2M |
|
788
CALL
Etsy
ETSY
$7.99B
| $75.8M | 0.01% |
1,605,600
-1,420,200
| -47% | -$72.7M |
|
789
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $75.7M | 0.01% |
785,300
+103,000
| +15% | +$10.3M |
|
790
PUT
Marathon Petroleum
MPC
$102B
| $75.6M | 0.01% |
518,700
-48,500
| -9% | -$7.18M |
|
791
PUT
Align Technology
ALGN
$11.3B
| $75.6M | 0.01% |
475,600
+31,700
| +7% | +$6.22M |
|
792
CALL
Zillow
Z
$8.33B
| $75.4M | 0.01% |
1,099,100
-243,000
| -18% | -$18.6M |
|
793
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $75.3M | 0.01% |
179,344
+142,156
| +382% | +$61.5M |
|
794
CALL
Shell
SHEL
$257B
| $75.1M | 0.01% |
1,024,400
+28,000
| +3% | +$1.89M |
|
795
CALL
McKesson
MCK
$102B
| $75M | 0.01% |
111,500
-137,800
| -55% | -$85.2M |
|
796
PUT
Dick's Sporting Goods
DKS
$16.1B
| $74.9M | 0.01% |
371,800
-700,500
| -65% | -$156M |
|
797
CALL
C.H. Robinson
CHRW
$16.7B
| $74.9M | 0.01% |
731,600
-234,000
| -24% | -$23.7M |
|
798
PUT
Equinix
EQIX
$104B
| $74.8M | 0.01% |
91,700
+62,500
| +214% | +$56.2M |
|
799
CALL
Paychex
PAYX
$44.8B
| $74.4M | 0.01% |
482,100
+135,900
| +39% | +$20M |
|
800
CALL
Lyft
LYFT
$6.69B
| $74.3M | 0.01% |
6,262,900
+1,688,500
| +37% | +$22M |
|
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.