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 | |
|---|---|---|---|---|---|---|
|
MCW
11401
PUT
DELISTED
Mister Car Wash
MCW
| $122K | ﹤0.01% |
+15,400
| New | +$119K |
|
11402
PUT
Zymeworks
ZYME
$2.03B
| $121K | ﹤0.01% |
10,200
-1,400
| -12% | -$19.1K |
|
11403
Stratasys
SSYS
$681M
| $121K | ﹤0.01% |
12,378
-124,928
| -91% | -$1.28M |
|
|
NNAVW
11404
DELISTED
NextNav Inc Warrant
NNAVW
| $121K | ﹤0.01% |
+27,287
| New | +$120K |
|
|
AVR
11405
Anteris Technologies
AVR
$861M
| $121K | ﹤0.01% |
+33,135
| New | +$213K |
|
|
EEA
11406
European Equity Fund
EEA
$76.5M
| $121K | ﹤0.01% |
13,252
-6,742
| -34% | -$59.6K |
|
11407
CALL
Wheels Up
UP
$178M
| $120K | ﹤0.01% |
5,965
-55
| -0.9% | -$1.51K |
|
|
HITI
11408
CALL
High Tide
HITI
$220M
| $120K | ﹤0.01% |
63,600
+8,900
| +16% | +$23.4K |
|
11409
Black Diamond Therapeutics
BDTX
$127M
| $120K | ﹤0.01% |
77,525
+42,853
| +124% | +$89.8K |
|
11410
ProKidney
PROK
$376M
| $120K | ﹤0.01% |
137,000
+87,206
| +175% | +$121K |
|
11411
SkinHealth Systems
SKIN
$87.6M
| $120K | ﹤0.01% |
89,505
-90,447
| -50% | -$138K |
|
|
TRTX
11412
CALL
TPG RE Finance Trust
TRTX
$597M
| $120K | ﹤0.01% |
14,700
-985,700
| -99% | -$8.34M |
|
11413
CALL
Quantum-Si Incorporated
QSI
$170M
| $120K | ﹤0.01% |
99,700
-143,500
| -59% | -$275K |
|
11414
VanEck Digital Transformation ETF
DAPP
$302M
| $119K | ﹤0.01% |
13,233
-90,392
| -87% | -$1.21M |
|
11415
AmeriServ Financial
ASRV
$84.2M
| $119K | ﹤0.01% |
49,132
-35,832
| -42% | -$93.1K |
|
|
CMU
11416
DELISTED
MFS High Yield Municipal Trust
CMU
| $119K | ﹤0.01% |
34,208
+13,779
| +67% | +$48.8K |
|
|
MYD
11417
DELISTED
BlackRock MuniYield Fund
MYD
| $119K | ﹤0.01% |
11,307
-101,986
| -90% | -$1.09M |
|
11418
Global X ClimateTech ETF
CTEC
$25.9M
| $119K | ﹤0.01% |
3,969
+26
| +0.7% | +$871 |
|
11419
CALL
Stagwell
STGW
$2.17B
| $119K | ﹤0.01% |
19,600
+9,400
| +92% | +$59.1K |
|
|
PCGG
11420
DELISTED
Polen Capital Global Growth ETF
PCGG
| $118K | ﹤0.01% |
+10,644
| New | +$126K |
|
|
CEPU
11421
Central Puerto
CEPU
$2B
| $118K | ﹤0.01% |
+10,668
| New | +$141K |
|
11422
Heartbeam
BEAT
$26.2M
| $118K | ﹤0.01% |
58,766
+15,166
| +35% | +$32.3K |
|
11423
C4 Therapeutics
CCCC
$482M
| $118K | ﹤0.01% |
73,782
+29,559
| +67% | +$88.2K |
|
|
MCN
11424
Madison Covered Call & Equity Strategy Fund
MCN
$118M
| $118K | ﹤0.01% |
+19,235
| New | +$124K |
|
11425
PUT
Phathom Pharmaceuticals
PHAT
$719M
| $118K | ﹤0.01% |
18,800
-238,600
| -93% | -$1.45M |
|
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.