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 | |
|---|---|---|---|---|---|---|
1576
CALL
Trane Technologies
TT
$102B
| $24.1M | ﹤0.01% |
71,600
-97,500
| -58% | -$35.2M |
|
1577
PUT
BioNTech
BNTX
$28.1B
| $24.1M | ﹤0.01% |
264,300
-134,300
| -34% | -$15M |
|
1578
PUT
Gartner
IT
$12.1B
| $24.1M | ﹤0.01% |
57,300
+36,300
| +173% | +$17.9M |
|
1579
Mobileye
MBLY
$7.24B
| $24M | ﹤0.01% |
1,669,449
+1,494,050
| +852% | +$24.4M |
|
|
1580
CALL
Gartner
IT
$12.1B
| $24M | ﹤0.01% |
57,200
+35,600
| +165% | +$17.5M |
|
1581
Archer Aviation
ACHR
$4.54B
| $24M | ﹤0.01% |
3,375,518
+3,233,419
| +2,275% | +$28.7M |
|
1582
PUT
GoDaddy
GDDY
$12.2B
| $24M | ﹤0.01% |
133,000
-325,300
| -71% | -$62.2M |
|
1583
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $23.9M | ﹤0.01% |
604,511
+541,258
| +856% | +$28M |
|
1584
C3.ai
AI
$1.5B
| $23.9M | ﹤0.01% |
1,136,898
+320,180
| +39% | +$9.09M |
|
1585
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $23.9M | ﹤0.01% |
292,103
+259,914
| +807% | +$21M |
|
1586
Gold Fields
GFI
$42.7B
| $23.8M | ﹤0.01% |
1,078,289
+723,934
| +204% | +$13.2M |
|
1587
State Street SPDR S&P Retail ETF
XRT
$328M
| $23.8M | ﹤0.01% |
344,216
+91,621
| +36% | +$6.92M |
|
1588
CALL
Thomson Reuters
TRI
$44.4B
| $23.7M | ﹤0.01% |
135,279
+119,428
| +753% | +$20.6M |
|
1589
CALL
Jabil
JBL
$33B
| $23.7M | ﹤0.01% |
174,400
-191,500
| -52% | -$29.4M |
|
1590
CALL
Grayscale Bitcoin Trust
GBTC
$11.7B
| $23.7M | ﹤0.01% |
364,000
-318,100
| -47% | -$23.4M |
|
1591
CALL
Arbor Realty Trust
ABR
$950M
| $23.7M | ﹤0.01% |
2,015,600
+524,200
| +35% | +$6.78M |
|
1592
AGNC Investment
AGNC
$12.9B
| $23.7M | ﹤0.01% |
2,471,692
+527,651
| +27% | +$5.27M |
|
1593
HEICO Corp Class A
HEI.A
$35.2B
| $23.7M | ﹤0.01% |
112,160
-35,287
| -24% | -$6.84M |
|
1594
PUT
Scorpio Tankers
STNG
$3.74B
| $23.6M | ﹤0.01% |
629,200
+14,900
| +2% | +$667K |
|
1595
PUT
MSCI
MSCI
$40.8B
| $23.6M | ﹤0.01% |
41,800
-58,300
| -58% | -$33.9M |
|
1596
CALL
Xylem
XYL
$26.7B
| $23.6M | ﹤0.01% |
197,600
-67,200
| -25% | -$8.33M |
|
1597
PUT
Emcor
EME
$33.4B
| $23.6M | ﹤0.01% |
63,800
+13,400
| +27% | +$5.8M |
|
1598
CALL
PENN Entertainment
PENN
$2.32B
| $23.5M | ﹤0.01% |
1,442,800
-98,700
| -6% | -$1.93M |
|
1599
PUT
Qorvo
QRVO
$8.29B
| $23.5M | ﹤0.01% |
324,800
-30,000
| -8% | -$2.28M |
|
1600
Bilibili
BILI
$6.78B
| $23.5M | ﹤0.01% |
1,230,442
+654,618
| +114% | +$12.6M |
|
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.