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 | |
|---|---|---|---|---|---|---|
926
Sherwin-Williams
SHW
$84.2B
| $59.8M | 0.01% |
171,316
-9,989
| -6% | -$3.51M |
|
927
CALL
L3Harris
LHX
$48.9B
| $59.7M | 0.01% |
285,400
+68,000
| +31% | +$14.3M |
|
928
PUT
KE Holdings
BEKE
$19.5B
| $59.7M | 0.01% |
2,971,300
+1,692,800
| +132% | +$33.5M |
|
929
CALL
Prologis
PLD
$136B
| $59.7M | 0.01% |
533,800
+176,600
| +49% | +$20.4M |
|
930
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $59.6M | 0.01% |
1,047,817
-40,929
| -4% | -$2.49M |
|
931
CALL
ProShares Ultra Silver
AGQ
$1.64B
| $59.4M | 0.01% |
1,287,300
+1,002,100
| +351% | +$41.1M |
|
932
CALL
PG&E
PCG
$39.9B
| $59.4M | 0.01% |
3,455,000
+1,634,900
| +90% | +$27.1M |
|
933
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $59.1M | 0.01% |
219,000
+55,700
| +34% | +$14.3M |
|
934
CALL
Petrobras
PBR
$120B
| $59.1M | 0.01% |
4,120,200
+434,100
| +12% | +$5.98M |
|
935
PUT
AST SpaceMobile
ASTS
$18.7B
| $59M | 0.01% |
2,595,000
+793,800
| +44% | +$20.3M |
|
936
PUT
YPF Sociedad Anonima ADS
YPF
$20.1B
| $59M | 0.01% |
1,682,500
-92,100
| -5% | -$3.53M |
|
937
CALL
Diamondback Energy
FANG
$57.6B
| $58.8M | 0.01% |
368,000
-331,000
| -47% | -$53.4M |
|
|
BNY
938
CALL
Bank of New York Mellon
BNY
$110B
| $58.8M | 0.01% |
700,800
-346,600
| -33% | -$29.1M |
|
939
PUT
Direxion Daily FTSE China Bull 3X ETF
YINN
$675M
| $58.8M | 0.01% |
1,416,900
-199,300
| -12% | -$7.42M |
|
940
CALL
2x Long VIX Futures ETF
UVIX
$227M
| $58.6M | 0.01% |
78,650
+71,566
| +1,010% | +$46.9M |
|
941
Capital One
COF
$133B
| $58.4M | 0.01% |
325,526
-145,379
| -31% | -$27.5M |
|
942
CALL
Intercontinental Exchange
ICE
$91.5B
| $58.3M | 0.01% |
337,900
-189,400
| -36% | -$31M |
|
943
CALL
Expedia Group
EXPE
$40.7B
| $58.3M | 0.01% |
346,600
-67,200
| -16% | -$12.2M |
|
944
CALL
Coupang
CPNG
$29.6B
| $58M | 0.01% |
2,644,400
-439,500
| -14% | -$10.2M |
|
945
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $58M | 0.01% |
609,000
-1,309,200
| -68% | -$133M |
|
946
CALL
CoStar Group
CSGP
$13.3B
| $57.8M | 0.01% |
729,400
+496,600
| +213% | +$37.8M |
|
947
PUT
Las Vegas Sands
LVS
$30.4B
| $57.7M | 0.01% |
1,494,800
-448,000
| -23% | -$19.8M |
|
948
Charter Communications
CHTR
$17.9B
| $57.6M | 0.01% |
156,359
+41,834
| +37% | +$15M |
|
949
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $57.5M | 0.01% |
409,800
+57,800
| +16% | +$9.65M |
|
950
Blackrock
BLK
$182B
| $57.1M | 0.01% |
60,305
-29,799
| -33% | -$29.2M |
|
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.