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 | |
|---|---|---|---|---|---|---|
851
CALL
Global E Online
GLBE
$6.7B
| $68M | 0.01% |
1,907,700
+534,000
| +39% | +$26.2M |
|
852
PUT
First Citizens BancShares
FCNCA
$24.7B
| $67.9M | 0.01% |
36,600
+3,600
| +11% | +$7.33M |
|
853
CALL
Clorox
CLX
$13B
| $67.8M | 0.01% |
460,200
+2,100
| +0.5% | +$321K |
|
854
CALL
iShares MSCI India ETF
INDA
$6.59B
| $67.7M | 0.01% |
1,315,100
+998,900
| +316% | +$50.3M |
|
855
McDonald's
MCD
$193B
| $67.5M | 0.01% |
216,161
-200,215
| -48% | -$59.9M |
|
856
PUT
NRG Energy
NRG
$23.5B
| $67.5M | 0.01% |
707,200
+106,800
| +18% | +$10.8M |
|
857
PUT
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.52B
| $67.4M | 0.01% |
5,403,300
+1,975,500
| +58% | +$36.3M |
|
858
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $67.3M | 0.01% |
1,176,600
+57,200
| +5% | +$2.88M |
|
859
Chevron
CVX
$398B
| $67.3M | 0.01% |
402,263
-1,054,443
| -72% | -$165M |
|
860
Caterpillar
CAT
$373B
| $67.3M | 0.01% |
204,014
-74,908
| -27% | -$26.7M |
|
861
CALL
iShares MSCI China ETF
MCHI
$6.22B
| $67.2M | 0.01% |
1,234,700
+444,100
| +56% | +$22.9M |
|
862
Johnson & Johnson
JNJ
$658B
| $67.1M | 0.01% |
404,546
-986,447
| -71% | -$154M |
|
863
CALL
NIO
NIO
$10.9B
| $67.1M | 0.01% |
17,603,100
+3,423,000
| +24% | +$15.1M |
|
864
CALL
CleanSpark
CLSK
$3.06B
| $66.8M | 0.01% |
9,945,100
+867,000
| +10% | +$8.21M |
|
865
CALL
iShares Russell 1000 Growth ETF
IWF
$124B
| $66.7M | 0.01% |
738,400
-375,200
| -34% | -$37M |
|
866
PUT
American Tower
AMT
$83.1B
| $66.6M | 0.01% |
306,200
+40,500
| +15% | +$7.94M |
|
867
PUT
e.l.f. Beauty
ELF
$6.25B
| $66.5M | 0.01% |
1,058,300
+235,100
| +29% | +$20.5M |
|
868
CALL
Simon Property Group
SPG
$71.4B
| $66.1M | 0.01% |
398,100
-3,600
| -0.9% | -$629K |
|
869
CALL
Johnson Controls International
JCI
$86.6B
| $66M | 0.01% |
823,900
+63,500
| +8% | +$5.22M |
|
870
PUT
Chewy
CHWY
$10B
| $66M | 0.01% |
2,029,400
+472,200
| +30% | +$16.9M |
|
|
SLNO
871
CALL
DELISTED
Soleno Therapeutics
SLNO
| $65.8M | 0.01% |
921,300
-207,600
| -18% | -$10.1M |
|
872
CALL
Welltower
WELL
$173B
| $65.6M | 0.01% |
428,100
+161,500
| +61% | +$23M |
|
873
PUT
CAVA Group
CAVA
$8.4B
| $65.3M | 0.01% |
756,100
-685,200
| -48% | -$74.3M |
|
874
CALL
Kenvue
KVUE
$37.3B
| $65.2M | 0.01% |
2,717,500
+832,900
| +44% | +$18.4M |
|
875
Chipotle Mexican Grill
CMG
$48.1B
| $65.1M | 0.01% |
1,296,785
-509,963
| -28% | -$27.7M |
|
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.