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 | |
|---|---|---|---|---|---|---|
1326
PUT
Rigetti Computing
RGTI
$5.65B
| $32.1M | 0.01% |
4,058,000
+2,351,300
| +138% | +$26.1M |
|
1327
Novartis
NVS
$304B
| $32.1M | 0.01% |
287,686
-43,136
| -13% | -$4.59M |
|
1328
PUT
Crown Castle
CCI
$32.5B
| $32M | 0.01% |
307,200
+12,200
| +4% | +$1.14M |
|
1329
PUT
DaVita
DVA
$11.3B
| $32M | 0.01% |
209,300
+99,500
| +91% | +$15.6M |
|
1330
Cal-Maine
CALM
$3.93B
| $32M | 0.01% |
351,889
+301,209
| +594% | +$29.7M |
|
1331
PUT
APA Corp
APA
$14.5B
| $32M | 0.01% |
1,520,300
-175,300
| -10% | -$3.85M |
|
1332
PUT
Archer Aviation
ACHR
$4.59B
| $31.9M | 0.01% |
4,492,300
+2,416,000
| +116% | +$21.4M |
|
1333
PUT
Insulet
PODD
$9.92B
| $31.9M | 0.01% |
121,600
-17,100
| -12% | -$4.63M |
|
1334
iShares MSCI South Korea ETF
EWY
$28B
| $31.9M | 0.01% |
589,937
+27,541
| +5% | +$1.53M |
|
|
1335
CALL
Archer Aviation
ACHR
$4.59B
| $31.9M | 0.01% |
4,483,800
-8,612,900
| -66% | -$76.4M |
|
1336
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $31.6M | 0.01% |
562,100
+233,700
| +71% | +$14.1M |
|
1337
CALL
Zoetis
ZTS
$31.9B
| $31.6M | 0.01% |
192,000
-20,000
| -9% | -$3.33M |
|
1338
PUT
Everest Group
EG
$14.4B
| $31.6M | 0.01% |
86,900
+46,300
| +114% | +$16.4M |
|
1339
HP
HPQ
$27B
| $31.6M | 0.01% |
1,139,655
+450,153
| +65% | +$14.2M |
|
1340
PUT
CoStar Group
CSGP
$13.3B
| $31.5M | 0.01% |
398,000
+244,100
| +159% | +$18.6M |
|
1341
CALL
Aptiv
APTV
$9.68B
| $31.5M | 0.01% |
529,000
-416,500
| -44% | -$26.4M |
|
|
NNE
1342
CALL
Nano Nuclear Energy
NNE
$1.03B
| $31.5M | 0.01% |
1,189,500
+22,500
| +2% | +$687K |
|
1343
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$340M
| $31.5M | 0.01% |
363,400
-63,900
| -15% | -$6.98M |
|
1344
PUT
DexCom
DXCM
$33.6B
| $31.5M | 0.01% |
460,600
-135,600
| -23% | -$11.1M |
|
1345
CALL
abrdn Physical Gold Shares ETF
SGOL
$7.8B
| $31.5M | 0.01% |
1,054,800
+1,001,900
| +1,894% | +$27.4M |
|
1346
PUT
Ecolab
ECL
$81.2B
| $31.4M | 0.01% |
123,800
+31,200
| +34% | +$7.86M |
|
1347
CALL
SentinelOne
S
$6.96B
| $31.4M | 0.01% |
1,726,200
-454,100
| -21% | -$9.85M |
|
|
ANSS
1348
PUT
DELISTED
Ansys
ANSS
| $31.3M | 0.01% |
99,000
+52,900
| +115% | +$17.7M |
|
1349
CALL
Root
ROOT
$894M
| $31.3M | 0.01% |
234,700
-89,400
| -28% | -$10.2M |
|
1350
KKR & Co
KKR
$96.6B
| $31.3M | 0.01% |
270,861
-11,585
| -4% | -$1.59M |
|
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.