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 | |
|---|---|---|---|---|---|---|
1301
CALL
Invesco NASDAQ 100 ETF
QQQM
$103B
| $33.3M | 0.01% |
172,500
-86,300
| -33% | -$18.1M |
|
1302
PUT
Texas Pacific Land
TPL
$25.7B
| $33.3M | 0.01% |
75,300
+20,100
| +36% | +$8.96M |
|
1303
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14B
| $33.2M | 0.01% |
372,800
-474,700
| -56% | -$46.9M |
|
1304
3M
MMM
$92.5B
| $33.2M | 0.01% |
225,847
-80,281
| -26% | -$11.8M |
|
1305
CALL
Fastenal
FAST
$57.7B
| $33M | 0.01% |
851,200
-478,800
| -36% | -$17.9M |
|
1306
PUT
Tyson Foods
TSN
$20.1B
| $33M | 0.01% |
516,700
-1,011,700
| -66% | -$59.4M |
|
1307
PUT
Keurig Dr Pepper
KDP
$43.3B
| $33M | 0.01% |
962,900
-17,100
| -2% | -$556K |
|
1308
PUT
IonQ
IONQ
$17B
| $32.9M | 0.01% |
1,490,500
-649,400
| -30% | -$21M |
|
1309
CALL
Corcept Therapeutics
CORT
$13.4B
| $32.9M | 0.01% |
287,800
+2,600
| +0.9% | +$158K |
|
|
WCN
1310
PUT
Waste Connections
WCN
$41.8B
| $32.9M | 0.01% |
168,300
+93,400
| +125% | +$17.3M |
|
1311
CALL
MGM Resorts International
MGM
$10.9B
| $32.8M | 0.01% |
1,108,000
-263,700
| -19% | -$8.86M |
|
1312
CALL
Fidelity National Information Services
FIS
$20.9B
| $32.8M | 0.01% |
439,000
+18,700
| +4% | +$1.41M |
|
1313
Colgate-Palmolive
CL
$72.8B
| $32.6M | 0.01% |
348,015
+33,923
| +11% | +$3.04M |
|
1314
CALL
StoneCo
STNE
$2.26B
| $32.6M | 0.01% |
3,109,200
+2,216,100
| +248% | +$20.9M |
|
1315
PUT
W.W. Grainger
GWW
$61.3B
| $32.5M | 0.01% |
32,900
-12,500
| -28% | -$12.9M |
|
1316
WIX.com
WIX
$3.6B
| $32.5M | 0.01% |
198,892
+165,249
| +491% | +$34.3M |
|
1317
CALL
Alcoa
AA
$13.5B
| $32.4M | 0.01% |
1,061,000
-887,400
| -46% | -$31.1M |
|
1318
CALL
Vale
VALE
$65.2B
| $32.4M | 0.01% |
3,242,300
-1,969,200
| -38% | -$18.6M |
|
1319
STMicroelectronics
STM
$44.1B
| $32.3M | 0.01% |
1,472,746
+1,171,836
| +389% | +$28.8M |
|
1320
PUT
VF Corp
VFC
$5.44B
| $32.3M | 0.01% |
2,079,000
-4,607,300
| -69% | -$102M |
|
1321
CALL
YPF Sociedad Anonima ADS
YPF
$19.6B
| $32.2M | 0.01% |
920,000
-1,985,100
| -68% | -$76M |
|
1322
Delta Air Lines
DAL
$55B
| $32.2M | 0.01% |
738,740
-590,651
| -44% | -$35M |
|
|
CWAN
1323
DELISTED
Clearwater Analytics
CWAN
| $32.2M | 0.01% |
1,201,518
+202,418
| +20% | +$5.68M |
|
1324
Best Buy
BBY
$18B
| $32.2M | 0.01% |
437,172
+293,248
| +204% | +$24.2M |
|
1325
PUT
Wheaton Precious Metals
WPM
$74.4B
| $32.2M | 0.01% |
414,500
+215,600
| +108% | +$14.4M |
|
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.