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 | |
|---|---|---|---|---|---|---|
801
PUT
Rocket Lab Corp
RKLB
$43.7B
| $73.7M | 0.01% |
4,120,400
+929,200
| +29% | +$22.3M |
|
802
PUT
Dow Inc
DOW
$22.7B
| $73.3M | 0.01% |
2,099,100
-13,100
| -0.6% | -$503K |
|
803
PUT
ZIM Integrated Shipping Services
ZIM
$3.42B
| $73.1M | 0.01% |
5,009,200
-1,236,500
| -20% | -$23.2M |
|
804
CALL
Domino's
DPZ
$11.5B
| $73M | 0.01% |
158,900
-73,900
| -32% | -$33.4M |
|
805
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $73M | 0.01% |
376,300
+52,600
| +16% | +$10.5M |
|
806
PUT
Shell
SHEL
$257B
| $72.9M | 0.01% |
994,600
+376,800
| +61% | +$25.4M |
|
807
CALL
Autodesk
ADSK
$53.7B
| $72.9M | 0.01% |
278,300
-28,800
| -9% | -$8.19M |
|
808
Truist Financial
TFC
$62.1B
| $72.9M | 0.01% |
1,770,362
+1,034,506
| +141% | +$46.1M |
|
809
IBM
IBM
$218B
| $72.8M | 0.01% |
292,755
-250,577
| -46% | -$61.3M |
|
810
Applovin
APP
$99.9B
| $72.7M | 0.01% |
274,251
-231,413
| -46% | -$79.7M |
|
811
CALL
Wayfair
W
$14.1B
| $72.6M | 0.01% |
2,267,900
-161,400
| -7% | -$6.71M |
|
812
PUT
Cardinal Health
CAH
$54B
| $72.5M | 0.01% |
526,200
+271,700
| +107% | +$34.6M |
|
813
Amgen
AMGN
$240B
| $72.3M | 0.01% |
231,946
-162,725
| -41% | -$48.1M |
|
814
PUT
Darden Restaurants
DRI
$25.6B
| $72M | 0.01% |
346,700
-267,000
| -44% | -$51.5M |
|
815
PUT
Unity
U
$20.3B
| $72M | 0.01% |
3,676,200
-1,192,000
| -24% | -$26.9M |
|
816
CALL
Global X Uranium ETF
URA
$6.41B
| $71.7M | 0.01% |
3,126,700
-205,300
| -6% | -$5.47M |
|
817
CALL
Nutrien
NTR
$35.5B
| $71.6M | 0.01% |
1,441,300
+552,000
| +62% | +$28.2M |
|
818
CALL
Quanta Services
PWR
$92.7B
| $71.4M | 0.01% |
281,100
+20,000
| +8% | +$5.78M |
|
819
PUT
American International
AIG
$40.5B
| $71.4M | 0.01% |
821,800
+355,000
| +76% | +$27.6M |
|
|
FL
820
PUT
DELISTED
Foot Locker
FL
| $71.4M | 0.01% |
5,066,700
+2,876,400
| +131% | +$53.3M |
|
821
PUT
iShares MSCI Canada ETF
EWC
$6.9B
| $71.3M | 0.01% |
1,750,900
-701,000
| -29% | -$28.8M |
|
822
CALL
Core Scientific
CORZ
$5.55B
| $71M | 0.01% |
9,801,800
+5,111,600
| +109% | +$58.2M |
|
823
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $70.9M | 0.01% |
743,600
+89,400
| +14% | +$8.36M |
|
824
CALL
Warner Bros
WBD
$72B
| $70.8M | 0.01% |
6,602,500
-3,822,200
| -37% | -$40M |
|
825
Starbucks
SBUX
$123B
| $70.8M | 0.01% |
722,202
-568,476
| -44% | -$58.8M |
|
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.