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 | |
|---|---|---|---|---|---|---|
1726
PUT
Toronto Dominion Bank
TD
$197B
| $20.3M | ﹤0.01% |
339,000
+40,800
| +14% | +$2.38M |
|
1727
PUT
Lear
LEA
$8.28B
| $20.3M | ﹤0.01% |
230,000
+42,100
| +22% | +$3.99M |
|
1728
CALL
iShares S&P 500 Value ETF
IVE
$50.3B
| $20.3M | ﹤0.01% |
106,400
+45,600
| +75% | +$8.82M |
|
1729
PUT
PENN Entertainment
PENN
$2.39B
| $20.2M | ﹤0.01% |
1,241,200
-120,400
| -9% | -$2.35M |
|
1730
Rubrik
RBRK
$19.8B
| $20.2M | ﹤0.01% |
330,764
+283,305
| +597% | +$19.3M |
|
1731
PUT
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.4B
| $20.2M | ﹤0.01% |
+389,300
| New | +$21.7M |
|
|
SEE
1732
PUT
DELISTED
Sealed Air
SEE
| $20.1M | ﹤0.01% |
694,500
+683,900
| +6,452% | +$22.4M |
|
1733
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $20.1M | ﹤0.01% |
1,024,900
-835,300
| -45% | -$23M |
|
1734
CALL
Public Service Enterprise Group
PEG
$36.9B
| $20M | ﹤0.01% |
243,600
-176,000
| -42% | -$14.7M |
|
1735
NetEase
NTES
$79B
| $20M | ﹤0.01% |
194,638
+118,861
| +157% | +$12M |
|
1736
CALL
VeriSign
VRSN
$26.5B
| $20M | ﹤0.01% |
78,900
+30,900
| +64% | +$7.02M |
|
1737
CALL
Granite Construction
GVA
$5.51B
| $20M | ﹤0.01% |
265,600
-22,500
| -8% | -$1.88M |
|
1738
PUT
Markel Group
MKL
$22.5B
| $20M | ﹤0.01% |
10,700
+600
| +6% | +$1.1M |
|
1739
CALL
Vail Resorts
MTN
$5.3B
| $20M | ﹤0.01% |
124,900
-42,000
| -25% | -$6.98M |
|
|
PARA
1740
CALL
DELISTED
Paramount Global Class B
PARA
| $20M | ﹤0.01% |
1,671,100
-976,800
| -37% | -$10.9M |
|
1741
Modine Manufacturing
MOD
$9.95B
| $20M | ﹤0.01% |
260,088
+186,795
| +255% | +$18.4M |
|
1742
PUT
CACI
CACI
$13.8B
| $20M | ﹤0.01% |
54,400
+31,700
| +140% | +$12.1M |
|
1743
PUT
Dutch Bros
BROS
$7.07B
| $20M | ﹤0.01% |
323,200
+84,600
| +35% | +$5.57M |
|
1744
PUT
West Pharmaceutical
WST
$24.6B
| $19.9M | ﹤0.01% |
89,100
+28,700
| +48% | +$7.91M |
|
1745
Vertex Pharmaceuticals
VRTX
$139B
| $19.9M | ﹤0.01% |
41,121
-89,284
| -68% | -$41.6M |
|
1746
EOG Resources
EOG
$76B
| $19.9M | ﹤0.01% |
155,400
-217,657
| -58% | -$28M |
|
1747
CALL
Advance Auto Parts
AAP
$2.66B
| $19.9M | ﹤0.01% |
506,800
-798,800
| -61% | -$34.3M |
|
1748
CALL
Stellantis
STLA
$19.4B
| $19.9M | ﹤0.01% |
1,772,300
-130,600
| -7% | -$1.68M |
|
1749
Camtek
CAMT
$6.69B
| $19.8M | ﹤0.01% |
338,431
-115,117
| -25% | -$9.27M |
|
1750
PUT
Amphenol
APH
$199B
| $19.8M | ﹤0.01% |
302,500
+221,300
| +273% | +$15.1M |
|
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.