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 | Miscellaneous | 94.1% |
| 2 | Technology | 1.55% |
| 3 | Consumer Discretionary | 0.95% |
| 4 | Financials | 0.77% |
| 5 | Healthcare | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
10951
CALL
Hycroft Mining Holding Corp
HYMC
$2.22B
| $195K | ﹤0.01% |
60,300
-165,600
| -73% | -$425K |
|
|
NCTY
10952
The9 Ltd
NCTY
$67.2M
| $195K | ﹤0.01% |
+13,006
| New | +$184K |
|
10953
Hennessy Advisors
HNNA
$80.1M
| $195K | ﹤0.01% |
19,585
+8,783
| +81% | +$102K |
|
10954
Concrete Pumping Holdings
BBCP
$464M
| $195K | ﹤0.01% |
35,723
+16,778
| +89% | +$117K |
|
|
GPMT
10955
CALL
Granite Point Mortgage Trust
GPMT
$52.1M
| $195K | ﹤0.01% |
74,900
+47,000
| +168% | +$134K |
|
10956
Savers
SVV
$1.62B
| $195K | ﹤0.01% |
28,223
-44,272
| -61% | -$409K |
|
|
BBNX
10957
Beta Bionics
BBNX
$887M
| $195K | ﹤0.01% |
+15,904
| New | +$297K |
|
10958
CALL
Seanergy Maritime Holdings
SHIP
$385M
| $195K | ﹤0.01% |
+30,400
| New | +$213K |
|
|
EVF
10959
Eaton Vance Senior Income Trust
EVF
$90.3M
| $194K | ﹤0.01% |
33,292
+7,359
| +28% | +$45K |
|
|
SCPH
10960
DELISTED
scPharmaceuticals
SCPH
| $194K | ﹤0.01% |
73,909
+52,643
| +248% | +$171K |
|
|
LADR
10961
PUT
Ladder Capital
LADR
$1.25B
| $194K | ﹤0.01% |
17,000
-7,000
| -29% | -$80K |
|
|
ARDC
10962
Are Dynamic Credit Allocation Fund
ARDC
$296M
| $194K | ﹤0.01% |
+13,710
| New | +$204K |
|
10963
Red Robin
RRGB
$176M
| $194K | ﹤0.01% |
54,373
+1,615
| +3% | +$8.27K |
|
|
CVE.WS
10964
DELISTED
Cenovus Energy Inc Warrants
CVE.WS
| $194K | ﹤0.01% |
20,306
+9,681
| +91% | +$95.5K |
|
10965
CALL
Evolution Petroleum
EPM
$131M
| $193K | ﹤0.01% |
37,300
-1,000
| -3% | -$5.22K |
|
|
TPIC
10966
CALL
DELISTED
TPI Composites
TPIC
| $193K | ﹤0.01% |
238,500
+4,400
| +2% | +$5.75K |
|
10967
Elicio Therapeutics
ELTX
$74.6M
| $193K | ﹤0.01% |
+31,361
| New | +$243K |
|
10968
Spruce Power Holding Corp
SPRU
$36M
| $193K | ﹤0.01% |
80,091
+10,697
| +15% | +$28K |
|
|
AFCG
10969
AFC Gamma
AFCG
$81.2M
| $193K | ﹤0.01% |
34,606
-4,202
| -11% | -$33.4K |
|
10970
PUT
Alphatec Holdings
ATEC
$1.46B
| $193K | ﹤0.01% |
19,000
-24,700
| -57% | -$265K |
|
10971
PUT
Teekay
TK
$1.14B
| $193K | ﹤0.01% |
29,300
-41,100
| -58% | -$284K |
|
|
DTF
10972
DTF Tax-Free Income 2028 Term Fund
DTF
$81.4M
| $192K | ﹤0.01% |
17,161
-4,934
| -22% | -$55.6K |
|
10973
CALL
Tronox
TROX
$862M
| $192K | ﹤0.01% |
27,300
-12,200
| -31% | -$105K |
|
10974
PUT
FTAI Infrastructure
FIP
$422M
| $192K | ﹤0.01% |
42,400
+19,200
| +83% | +$120K |
|
10975
PUT
Mercer International
MERC
$25.9M
| $192K | ﹤0.01% |
31,200
+4,500
| +17% | +$30.2K |
|
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's Q1 2025 filing shows 1,775 new, 5,712 increased, 4,842 reduced and 1,482 closed positions. Its largest new stake was Brookfield Asset Management: 1,775,684 shares worth $86M. The largest sale was Invesco QQQ Trust, an estimated $1.25B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 93% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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 1,482 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.