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 | |
|---|---|---|---|---|---|---|
|
CYBR
1001
CALL
DELISTED
CyberArk
CYBR
| $52.2M | 0.01% |
154,400
+30,600
| +25% | +$11M |
|
1002
PUT
Paychex
PAYX
$44.8B
| $52.2M | 0.01% |
338,100
-32,900
| -9% | -$4.84M |
|
1003
CALL
Samsara
IOT
$23.5B
| $52.1M | 0.01% |
1,358,400
+216,600
| +19% | +$10.1M |
|
1004
PUT
EQT Corp
EQT
$33.6B
| $52M | 0.01% |
973,400
-167,200
| -15% | -$8.54M |
|
1005
PUT
Etsy
ETSY
$7.99B
| $52M | 0.01% |
1,102,300
-827,800
| -43% | -$42.4M |
|
1006
PUT
Cognizant
CTSH
$28B
| $52M | 0.01% |
679,500
-92,000
| -12% | -$7.49M |
|
1007
PUT
HubSpot
HUBS
$12.2B
| $51.9M | 0.01% |
90,800
-167,300
| -65% | -$117M |
|
1008
CALL
Direxion Daily Regional Banks Bull 3X ETF
DPST
$346M
| $51.6M | 0.01% |
596,000
+270,000
| +83% | +$29.5M |
|
1009
SLB Ltd
SLB
$80.1B
| $51.6M | 0.01% |
1,234,428
-426,449
| -26% | -$17.5M |
|
1010
CALL
CarMax
KMX
$8.91B
| $51.4M | 0.01% |
659,500
+117,600
| +22% | +$9.43M |
|
1011
CALL
KE Holdings
BEKE
$19.5B
| $51.2M | 0.01% |
2,550,900
-1,056,900
| -29% | -$20.9M |
|
1012
PUT
Howmet Aerospace
HWM
$105B
| $51.2M | 0.01% |
394,700
+132,500
| +51% | +$16.8M |
|
|
TIGR
1013
CALL
UP Fintech Holding
TIGR
$929M
| $51.1M | 0.01% |
5,943,700
+3,071,400
| +107% | +$22.9M |
|
1014
Credo Technology Group
CRDO
$41.5B
| $51M | 0.01% |
1,270,207
+1,199,306
| +1,692% | +$74.5M |
|
1015
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $50.9M | 0.01% |
2,778,900
+439,900
| +19% | +$9.55M |
|
1016
PUT
Rubrik
RBRK
$20.2B
| $50.9M | 0.01% |
834,600
+542,000
| +185% | +$37M |
|
1017
CALL
Parker-Hannifin
PH
$128B
| $50.8M | 0.01% |
83,600
-2,000
| -2% | -$1.31M |
|
1018
PUT
eBay
EBAY
$47.7B
| $50.8M | 0.01% |
749,900
-166,700
| -18% | -$11.1M |
|
1019
CALL
Yum! Brands
YUM
$42.9B
| $50.8M | 0.01% |
322,700
-187,900
| -37% | -$27.1M |
|
1020
General Motors
GM
$76.3B
| $50.7M | 0.01% |
1,077,052
-373,245
| -26% | -$18.4M |
|
1021
PUT
Nu Holdings
NU
$71.3B
| $50.7M | 0.01% |
4,946,500
+608,500
| +14% | +$7.19M |
|
1022
PUT
Phillips 66
PSX
$96.5B
| $50.6M | 0.01% |
409,500
-282,600
| -41% | -$34.8M |
|
1023
PUT
HP
HPQ
$26.1B
| $50.5M | 0.01% |
1,825,300
+609,400
| +50% | +$19.3M |
|
1024
PUT
Match Group
MTCH
$9.58B
| $50.3M | 0.01% |
1,612,200
+62,100
| +4% | +$2.03M |
|
1025
PUT
British American Tobacco
BTI
$122B
| $50.3M | 0.01% |
1,215,800
+356,000
| +41% | +$14M |
|
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.