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 | |
|---|---|---|---|---|---|---|
1426
CALL
Tower Semiconductor
TSEM
$24B
| $28.5M | ﹤0.01% |
800,600
-367,100
| -31% | -$16.6M |
|
1427
Align Technology
ALGN
$11.3B
| $28.5M | ﹤0.01% |
179,552
+49,587
| +38% | +$9.73M |
|
1428
Lyft
LYFT
$6.68B
| $28.5M | ﹤0.01% |
2,401,960
+2,370,449
| +7,523% | +$30.9M |
|
|
GAP
1429
PUT
The Gap Inc
GAP
$7.25B
| $28.5M | ﹤0.01% |
1,381,000
-197,200
| -12% | -$4.43M |
|
1430
PUT
PACCAR
PCAR
$68B
| $28.5M | ﹤0.01% |
292,300
+57,600
| +25% | +$6.08M |
|
1431
CALL
Canadian Pacific Kansas City
CP
$82.9B
| $28.5M | ﹤0.01% |
405,300
+270,800
| +201% | +$20.6M |
|
1432
Coherent
COHR
$56.4B
| $28.5M | ﹤0.01% |
438,109
+433,974
| +10,495% | +$36M |
|
|
MSTX
1433
CALL
Defiance Daily Target 2x Long MSTR ETF
MSTX
$263M
| $28.4M | ﹤0.01% |
110,130
+25,480
| +30% | +$9.66M |
|
1434
CALL
Copart
CPRT
$30.9B
| $28.4M | ﹤0.01% |
502,000
-17,600
| -3% | -$990K |
|
1435
PUT
Illumina
ILMN
$34B
| $28.4M | ﹤0.01% |
357,600
-189,300
| -35% | -$20.5M |
|
1436
APA Corp
APA
$14.5B
| $28.4M | ﹤0.01% |
1,349,187
-44,821
| -3% | -$985K |
|
1437
PUT
Becton Dickinson
BDX
$51.7B
| $28.3M | ﹤0.01% |
123,400
-43,200
| -26% | -$10M |
|
1438
CALL
Plains All American Pipeline
PAA
$17.4B
| $28.3M | ﹤0.01% |
1,413,000
+607,100
| +75% | +$12M |
|
1439
CALL
Moody's
MCO
$88.9B
| $28.2M | ﹤0.01% |
60,600
+7,300
| +14% | +$3.52M |
|
1440
VanEck Oil Services ETF
OIH
$1.93B
| $28.2M | ﹤0.01% |
107,520
+36,390
| +51% | +$9.92M |
|
|
PRMB
1441
Primo Brands
PRMB
$8.45B
| $28.2M | ﹤0.01% |
793,613
-256,529
| -24% | -$8.38M |
|
1442
Prologis
PLD
$136B
| $28.2M | ﹤0.01% |
251,829
-195,323
| -44% | -$22.6M |
|
|
SILA
1443
DELISTED
Sila Realty Trust
SILA
| $28.1M | ﹤0.01% |
1,053,640
+247,333
| +31% | +$6.17M |
|
1444
PUT
LPL Financial
LPLA
$28.5B
| $28.1M | ﹤0.01% |
85,900
+37,500
| +77% | +$13.1M |
|
1445
AT&T
T
$177B
| $28.1M | ﹤0.01% |
993,484
-2,086,999
| -68% | -$52.5M |
|
1446
CALL
Groupon
GRPN
$797M
| $27.9M | ﹤0.01% |
1,488,100
+108,800
| +8% | +$1.38M |
|
1447
KE Holdings
BEKE
$19.9B
| $27.9M | ﹤0.01% |
1,389,494
+1,152,404
| +486% | +$22.8M |
|
1448
PUT
Globalstar
GSAT
$10.6B
| $27.9M | ﹤0.01% |
1,338,100
+1,263,053
| +1,683% | +$30.6M |
|
1449
AST SpaceMobile
ASTS
$18.6B
| $27.8M | ﹤0.01% |
1,224,540
-931,157
| -43% | -$23.8M |
|
1450
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $27.7M | ﹤0.01% |
495,400
+33,400
| +7% | +$1.96M |
|
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.