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 | |
|---|---|---|---|---|---|---|
1126
PUT
Ally Financial
ALLY
$13B
| $42.4M | 0.01% |
1,163,500
+114,500
| +11% | +$4.22M |
|
1127
CALL
Royal Gold
RGLD
$22.7B
| $42.4M | 0.01% |
259,500
-100,400
| -28% | -$14.7M |
|
|
1128
Berkshire Hathaway Class A
BRK.A
$1.08T
| $42.3M | 0.01% |
53
-181
| -77% | -$132M |
|
1129
CALL
MSCI
MSCI
$41B
| $42.3M | 0.01% |
74,800
+45,500
| +155% | +$26.4M |
|
1130
PUT
Riot Platforms
RIOT
$7.99B
| $42.1M | 0.01% |
5,915,800
-4,130,200
| -41% | -$42.8M |
|
1131
PUT
ResMed
RMD
$34.1B
| $42M | 0.01% |
187,800
-56,200
| -23% | -$13.1M |
|
1132
CALL
Texas Pacific Land
TPL
$25.7B
| $42M | 0.01% |
95,100
-9,600
| -9% | -$4.28M |
|
1133
CALL
Hasbro
HAS
$13.6B
| $41.9M | 0.01% |
682,000
+121,000
| +22% | +$7.32M |
|
1134
PUT
Viking Therapeutics
VKTX
$3.99B
| $41.9M | 0.01% |
1,734,000
+222,400
| +15% | +$7.03M |
|
1135
CALL
Hewlett Packard
HPE
$70.8B
| $41.8M | 0.01% |
2,705,900
+55,300
| +2% | +$1.1M |
|
1136
CALL
Targa Resources
TRGP
$61.5B
| $41.6M | 0.01% |
207,500
-9,400
| -4% | -$1.87M |
|
1137
PUT
PPG Industries
PPG
$25.3B
| $41.6M | 0.01% |
380,400
-4,300
| -1% | -$496K |
|
1138
CALL
LyondellBasell Industries
LYB
$20.2B
| $41.6M | 0.01% |
590,400
-161,200
| -21% | -$12.1M |
|
1139
PUT
Southern Company
SO
$103B
| $41.6M | 0.01% |
451,900
-106,900
| -19% | -$9.25M |
|
1140
CALL
Williams-Sonoma
WSM
$27.6B
| $41.5M | 0.01% |
262,700
-225,300
| -46% | -$43.5M |
|
1141
PUT
Nutrien
NTR
$34.8B
| $41.5M | 0.01% |
835,500
-1,075,300
| -56% | -$55M |
|
1142
Qiagen
QGEN
$9.01B
| $41.3M | 0.01% |
1,028,970
+1,023,253
| +17,898% | +$43M |
|
1143
PUT
Suncor Energy
SU
$76.4B
| $41.3M | 0.01% |
1,066,900
-213,500
| -17% | -$8.15M |
|
1144
PUT
Antero Resources
AR
$11.7B
| $41.2M | 0.01% |
1,019,200
+190,300
| +23% | +$7.3M |
|
1145
PUT
iShares TIPS Bond ETF
TIP
$15.1B
| $41.2M | 0.01% |
371,000
+344,600
| +1,305% | +$37.4M |
|
1146
PUT
Veeva Systems
VEEV
$40.1B
| $41.2M | 0.01% |
177,800
-77,500
| -30% | -$17.7M |
|
1147
United Rentals
URI
$65.6B
| $41.1M | 0.01% |
65,607
+4,003
| +6% | +$2.75M |
|
1148
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $41.1M | 0.01% |
1,108,500
+1,047,900
| +1,729% | +$37.4M |
|
1149
CALL
Willis Towers Watson
WTW
$32.2B
| $41.1M | 0.01% |
121,600
+73,200
| +151% | +$23.9M |
|
1150
PUT
Skyworks Solutions
SWKS
$9.89B
| $40.9M | 0.01% |
633,100
+200,700
| +46% | +$15.3M |
|
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.