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 | |
|---|---|---|---|---|---|---|
1026
Philip Morris
PM
$298B
| $50.1M | 0.01% |
315,562
-318,544
| -50% | -$45.1M |
|
1027
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $49.9M | 0.01% |
181,600
-33,800
| -16% | -$9.82M |
|
1028
CALL
First Citizens BancShares
FCNCA
$24.7B
| $49.9M | 0.01% |
26,900
-17,900
| -40% | -$36.5M |
|
1029
PUT
Invesco Senior Loan ETF
BKLN
$6.77B
| $49.8M | 0.01% |
2,408,100
+2,346,900
| +3,835% | +$49.2M |
|
1030
CALL
Genuine Parts
GPC
$18.7B
| $49.8M | 0.01% |
418,200
+288,800
| +223% | +$34.7M |
|
1031
PUT
WIX.com
WIX
$3.53B
| $49.7M | 0.01% |
304,500
-28,000
| -8% | -$5.82M |
|
1032
PUT
Iris Energy
IREN
$14.2B
| $49.7M | 0.01% |
8,156,500
+731,500
| +10% | +$7.12M |
|
1033
CALL
GoDaddy
GDDY
$12.7B
| $49.5M | 0.01% |
275,000
-707,700
| -72% | -$135M |
|
1034
PUT
Williams-Sonoma
WSM
$28B
| $49.5M | 0.01% |
313,000
-269,800
| -46% | -$52.1M |
|
1035
PUT
Generac Holdings
GNRC
$12B
| $49.3M | 0.01% |
389,100
-1,200
| -0.3% | -$172K |
|
|
TLN
1036
PUT
Talen Energy Corp
TLN
$14.6B
| $49.2M | 0.01% |
246,500
+57,000
| +30% | +$12.4M |
|
1037
PUT
Celestica
CLS
$37.1B
| $49.2M | 0.01% |
624,300
+283,900
| +83% | +$30.1M |
|
1038
CALL
Norwegian Cruise Line
NCLH
$7.91B
| $49.1M | 0.01% |
2,588,000
-480,700
| -16% | -$11.6M |
|
1039
PUT
Diamondback Energy
FANG
$57.6B
| $49M | 0.01% |
306,500
-40,100
| -12% | -$6.47M |
|
1040
CALL
Oneok
OKE
$58.6B
| $49M | 0.01% |
493,400
-82,100
| -14% | -$8.15M |
|
1041
PUT
Mobileye
MBLY
$7.35B
| $48.9M | 0.01% |
3,399,300
+195,300
| +6% | +$3.19M |
|
1042
PUT
Pultegroup
PHM
$24.7B
| $48.9M | 0.01% |
475,700
-116,600
| -20% | -$12.6M |
|
1043
EQT Corp
EQT
$33.6B
| $48.9M | 0.01% |
914,481
-139,003
| -13% | -$7.1M |
|
1044
PUT
Western Digital
WDC
$157B
| $48.6M | 0.01% |
1,203,200
-962,551
| -44% | -$45.7M |
|
1045
PUT
Wingstop
WING
$3.18B
| $48.5M | 0.01% |
215,100
-98,300
| -31% | -$25.6M |
|
1046
PUT
Crocs
CROX
$6.03B
| $48.5M | 0.01% |
456,600
-64,800
| -12% | -$6.72M |
|
1047
CALL
BJs Wholesale Club
BJ
$12.6B
| $48.3M | 0.01% |
423,200
-158,700
| -27% | -$16.3M |
|
1048
CALL
F5
FFIV
$21.5B
| $48.1M | 0.01% |
180,700
+37,300
| +26% | +$10.4M |
|
1049
eBay
EBAY
$47.7B
| $48.1M | 0.01% |
710,240
+153,051
| +27% | +$10.2M |
|
1050
Coinbase
COIN
$47.4B
| $47.8M | 0.01% |
277,435
-696,845
| -72% | -$169M |
|
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.