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 | |
|---|---|---|---|---|---|---|
|
NBIS
951
CALL
Nebius Group N.V.
NBIS
$57.3B
| $57M | 0.01% |
2,699,500
+695,900
| +35% | +$22.9M |
|
952
CALL
monday.com
MNDY
$3.98B
| $56.9M | 0.01% |
234,000
+75,600
| +48% | +$20M |
|
953
CALL
Allstate
ALL
$65.8B
| $56.9M | 0.01% |
274,700
+10,400
| +4% | +$2.03M |
|
954
PUT
Galicia Financial Group
GGAL
$6.98B
| $56.9M | 0.01% |
1,043,900
+217,400
| +26% | +$13.5M |
|
955
PUT
Bilibili
BILI
$6.91B
| $56.8M | 0.01% |
2,973,300
+436,800
| +17% | +$8.39M |
|
956
Okta
OKTA
$22.8B
| $56.7M | 0.01% |
538,564
+531,735
| +7,786% | +$51.9M |
|
957
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $56.3M | 0.01% |
2,971,300
-394,400
| -12% | -$9.5M |
|
958
PUT
O'Reilly Automotive
ORLY
$73.4B
| $56.3M | 0.01% |
589,500
-87,000
| -13% | -$7.57M |
|
959
CALL
PPG Industries
PPG
$25.2B
| $56.3M | 0.01% |
514,500
-97,200
| -16% | -$11.2M |
|
960
PUT
Akamai
AKAM
$15.2B
| $56.2M | 0.01% |
698,100
+245,000
| +54% | +$22M |
|
961
PUT
Snap
SNAP
$9.35B
| $56.2M | 0.01% |
6,447,600
+2,038,200
| +46% | +$21.2M |
|
962
CALL
Burlington
BURL
$20.8B
| $56.1M | 0.01% |
235,200
-10,300
| -4% | -$2.67M |
|
963
PUT
Global Payments
GPN
$25B
| $55.8M | 0.01% |
569,800
-61,000
| -10% | -$6.38M |
|
964
Teva Pharmaceuticals
TEVA
$43B
| $55.8M | 0.01% |
3,629,662
+3,570,976
| +6,085% | +$63.8M |
|
965
CALL
GitLab
GTLB
$7.1B
| $55.7M | 0.01% |
1,186,000
+95,600
| +9% | +$5.85M |
|
|
FISV
966
PUT
Fiserv Inc
FISV
$28.2B
| $55.5M | 0.01% |
251,300
-317,200
| -56% | -$69.4M |
|
967
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $55.5M | 0.01% |
395,100
-232,900
| -37% | -$38.9M |
|
968
PUT
Yum! Brands
YUM
$42.9B
| $55.2M | 0.01% |
350,900
+20,900
| +6% | +$3.01M |
|
969
PUT
Zoetis
ZTS
$31.9B
| $55.2M | 0.01% |
335,100
+31,000
| +10% | +$5.16M |
|
970
KLA
KLAC
$237B
| $55.2M | 0.01% |
811,600
-21,470
| -3% | -$1.55M |
|
971
CALL
American Electric Power
AEP
$66.4B
| $55.1M | 0.01% |
504,500
-24,000
| -5% | -$2.43M |
|
972
CALL
iShares US Home Construction ETF
ITB
$2.28B
| $55M | 0.01% |
578,000
+168,000
| +41% | +$17.1M |
|
973
CALL
AES
AES
$10.5B
| $54.9M | 0.01% |
4,416,900
+2,309,400
| +110% | +$26.7M |
|
974
CALL
Novartis
NVS
$300B
| $54.8M | 0.01% |
491,800
-47,900
| -9% | -$5.1M |
|
975
Abercrombie & Fitch
ANF
$4.99B
| $54.7M | 0.01% |
716,853
+687,673
| +2,357% | +$74M |
|
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.