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 | |
|---|---|---|---|---|---|---|
1476
PUT
Core Scientific
CORZ
$5.79B
| $27M | ﹤0.01% |
3,728,000
+987,200
| +36% | +$11.2M |
|
1477
PUT
Fabrinet
FN
$15.5B
| $27M | ﹤0.01% |
136,600
-30,500
| -18% | -$6.66M |
|
1478
PUT
Trump Media & Technology Group
DJT
$2.61B
| $26.9M | ﹤0.01% |
1,377,400
-1,660,100
| -55% | -$46.6M |
|
1479
PUT
Toast
TOST
$21.3B
| $26.9M | ﹤0.01% |
811,400
-141,700
| -15% | -$5.31M |
|
1480
PUT
CF Industries
CF
$19.3B
| $26.9M | ﹤0.01% |
344,100
-208,000
| -38% | -$17.4M |
|
1481
First Citizens BancShares
FCNCA
$24.4B
| $26.8M | ﹤0.01% |
14,481
+6,998
| +94% | +$14.3M |
|
1482
The Mosaic Company
MOS
$7.72B
| $26.8M | ﹤0.01% |
993,786
+456,820
| +85% | +$12.1M |
|
1483
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$242M
| $26.7M | ﹤0.01% |
156,960
+30,980
| +25% | +$4.29M |
|
1484
Pinterest
PINS
$13.4B
| $26.6M | ﹤0.01% |
859,305
-473,894
| -36% | -$16.1M |
|
|
LBRDK
1485
DELISTED
Liberty Broadband Class C
LBRDK
| $26.6M | ﹤0.01% |
313,208
+6,619
| +2% | +$532K |
|
1486
PUT
Lamb Weston
LW
$7.61B
| $26.6M | ﹤0.01% |
499,100
-159,200
| -24% | -$9.02M |
|
1487
CALL
LKQ Corp
LKQ
$6.42B
| $26.6M | ﹤0.01% |
625,200
+223,400
| +56% | +$8.86M |
|
1488
Datadog
DDOG
$80.1B
| $26.5M | ﹤0.01% |
266,938
+5,247
| +2% | +$662K |
|
1489
Veeva Systems
VEEV
$40.4B
| $26.5M | ﹤0.01% |
114,250
+25,480
| +29% | +$5.82M |
|
1490
PUT
Paycom
PAYC
$10.4B
| $26.4M | ﹤0.01% |
120,900
-257,400
| -68% | -$54.3M |
|
1491
CALL
W.P. Carey
WPC
$16.4B
| $26.4M | ﹤0.01% |
418,200
+139,400
| +50% | +$8.25M |
|
1492
CALL
Cognizant
CTSH
$28.4B
| $26.4M | ﹤0.01% |
344,900
-228,600
| -40% | -$18.6M |
|
1493
PUT
NetEase
NTES
$82.5B
| $26.4M | ﹤0.01% |
256,200
+15,400
| +6% | +$1.55M |
|
1494
PUT
Archer Daniels Midland
ADM
$38.2B
| $26.4M | ﹤0.01% |
549,100
+112,600
| +26% | +$5.45M |
|
1495
PUT
Quest Diagnostics
DGX
$27B
| $26.3M | ﹤0.01% |
155,700
+142,600
| +1,089% | +$23.4M |
|
1496
CALL
Warner Music
WMG
$14.7B
| $26.3M | ﹤0.01% |
840,300
+715,700
| +574% | +$23.2M |
|
1497
ProShares UltraPro Short QQQ
SQQQ
$1.87B
| $26.2M | ﹤0.01% |
136,800
+97,606
| +249% | +$15.4M |
|
|
NVMI
1498
CALL
Nova
NVMI
$11.7B
| $26.2M | ﹤0.01% |
142,100
+68,600
| +93% | +$15.8M |
|
1499
PUT
Builders FirstSource
BLDR
$7.46B
| $26.2M | ﹤0.01% |
209,600
+55,300
| +36% | +$8.05M |
|
1500
YPF Sociedad Anonima ADS
YPF
$19.6B
| $26.2M | ﹤0.01% |
747,336
+662,550
| +781% | +$25.4M |
|
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.