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 | |
|---|---|---|---|---|---|---|
1076
Fluor
FLR
$6.86B
| $45.6M | 0.01% |
1,273,906
+893,555
| +235% | +$38.6M |
|
1077
Nu Holdings
NU
$73.1B
| $45.5M | 0.01% |
4,446,052
+1,860,022
| +72% | +$22M |
|
1078
CALL
Li Auto
LI
$12B
| $45.5M | 0.01% |
1,804,100
-1,131,800
| -39% | -$29.1M |
|
1079
Upstart Holdings
UPST
$2.98B
| $45.5M | 0.01% |
987,638
+455,509
| +86% | +$28.3M |
|
1080
CALL
Caesars Entertainment
CZR
$6.04B
| $45.4M | 0.01% |
1,816,300
+102,600
| +6% | +$3.34M |
|
1081
PUT
SoundHound AI
SOUN
$3.13B
| $45.4M | 0.01% |
5,585,000
-15,700
| -0.3% | -$196K |
|
1082
PUT
Alcoa
AA
$13.5B
| $45.3M | 0.01% |
1,485,700
-208,800
| -12% | -$7.31M |
|
1083
DraftKings
DKNG
$12.8B
| $45.3M | 0.01% |
1,362,658
+1,002,305
| +278% | +$41.2M |
|
1084
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $45.2M | 0.01% |
176,904
+134,754
| +320% | +$38M |
|
|
1085
CALL
Fluor
FLR
$6.86B
| $45.2M | 0.01% |
1,261,800
-396,600
| -24% | -$17.1M |
|
1086
Affirm
AFRM
$26.1B
| $45.2M | 0.01% |
999,931
+887,519
| +790% | +$52.6M |
|
1087
CALL
Bloom Energy
BE
$64B
| $45.2M | 0.01% |
2,298,300
-943,900
| -29% | -$22.5M |
|
1088
Albemarle
ALB
$15.7B
| $45.2M | 0.01% |
627,170
+82,834
| +15% | +$6.74M |
|
1089
CALL
Snap
SNAP
$10B
| $45.1M | 0.01% |
5,174,500
-2,352,800
| -31% | -$24.5M |
|
1090
PUT
Zillow
Z
$8.12B
| $45M | 0.01% |
656,600
-542,500
| -45% | -$41.5M |
|
1091
Merck
MRK
$386B
| $45M | 0.01% |
501,456
-978,665
| -66% | -$91.4M |
|
1092
Tapestry
TPR
$25.9B
| $45M | 0.01% |
639,145
+399,569
| +167% | +$30.2M |
|
|
1093
CALL
SoundHound AI
SOUN
$3.13B
| $45M | 0.01% |
5,537,200
-5,705,000
| -51% | -$71.1M |
|
1094
CALL
Schwab US Dividend Equity ETF
SCHD
$112B
| $44.8M | 0.01% |
1,603,100
-31,700
| -2% | -$884K |
|
1095
CALL
Stanley Black & Decker
SWK
$14.9B
| $44.7M | 0.01% |
581,800
+55,500
| +11% | +$4.68M |
|
|
1096
PUT
Li Auto
LI
$12B
| $44.6M | 0.01% |
1,769,100
-569,500
| -24% | -$14.7M |
|
|
XYZ
1097
Block Inc
XYZ
$49.7B
| $44.5M | 0.01% |
818,745
+226,494
| +38% | +$16.9M |
|
1098
CALL
Air Products & Chemicals
APD
$67.7B
| $44.4M | 0.01% |
150,600
-33,600
| -18% | -$10.4M |
|
1099
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $44.3M | 0.01% |
423,800
-156,600
| -27% | -$17.7M |
|
|
OKLO
1100
CALL
Oklo
OKLO
$8.24B
| $44.2M | 0.01% |
2,044,900
-826,100
| -29% | -$27.9M |
|
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 1,482 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 1,482 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.