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 | Miscellaneous | 94.1% |
| 2 | Technology | 1.55% |
| 3 | Consumer Discretionary | 0.95% |
| 4 | Financials | 0.77% |
| 5 | Healthcare | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
CALL
Scotiabank
BNS
$113B
| $19.2M | ﹤0.01% |
405,100
+209,900
| +108% | +$10.5M |
|
1777
CALL
BioMarin Pharmaceuticals
BMRN
$12.7B
| $19.2M | ﹤0.01% |
271,600
-274,100
| -50% | -$18.4M |
|
1778
Spotify
SPOT
$108B
| $19.1M | ﹤0.01% |
34,756
+25,678
| +283% | +$14.4M |
|
1779
PUT
DuPont de Nemours
DD
$18.8B
| $19.1M | ﹤0.01% |
203,469
-168,893
| -45% | -$16.5M |
|
1780
US Bancorp
USB
$97.2B
| $19.1M | ﹤0.01% |
451,497
-334,509
| -43% | -$15.4M |
|
1781
PUT
Annaly Capital Management
NLY
$17.4B
| $19.1M | ﹤0.01% |
938,000
-354,000
| -27% | -$7.29M |
|
1782
Alnylam Pharmaceuticals
ALNY
$31.6B
| $19M | ﹤0.01% |
70,465
+59,648
| +551% | +$15.3M |
|
1783
PUT
Vail Resorts
MTN
$5.22B
| $19M | ﹤0.01% |
118,600
-3,500
| -3% | -$582K |
|
1784
CALL
Centene
CNC
$32.6B
| $19M | ﹤0.01% |
312,600
-137,400
| -31% | -$8.3M |
|
1785
Rocket Lab Corp
RKLB
$42.7B
| $18.9M | ﹤0.01% |
1,058,831
+896,187
| +551% | +$21.5M |
|
1786
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$682M
| $18.9M | ﹤0.01% |
307,900
+101,000
| +49% | +$4.99M |
|
|
X
1787
DELISTED
US Steel
X
| $18.9M | ﹤0.01% |
446,773
-2,155,817
| -83% | -$81.6M |
|
1788
Criteo S.A.
CRTO
$848M
| $18.9M | ﹤0.01% |
532,623
-577,574
| -52% | -$22.4M |
|
1789
PUT
Comfort Systems
FIX
$56.6B
| $18.9M | ﹤0.01% |
58,500
+35,000
| +149% | +$14.1M |
|
1790
PUT
Alpha Metallurgical Resources
AMR
$2.87B
| $18.8M | ﹤0.01% |
150,000
+11,000
| +8% | +$1.79M |
|
1791
CALL
Quantum Computing Inc
QUBT
$1.94B
| $18.8M | ﹤0.01% |
2,347,100
-1,698,500
| -42% | -$14.9M |
|
1792
CALL
Universal Health Services
UHS
$10.3B
| $18.8M | ﹤0.01% |
99,900
+62,200
| +165% | +$11.3M |
|
|
CYBR
1793
PUT
DELISTED
CyberArk
CYBR
| $18.8M | ﹤0.01% |
55,500
+1,600
| +3% | +$575K |
|
1794
CALL
Alexandria Real Estate Equities
ARE
$9.01B
| $18.7M | ﹤0.01% |
202,600
+97,000
| +92% | +$9.5M |
|
1795
PUT
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$203M
| $18.7M | ﹤0.01% |
434,900
+12,600
| +3% | +$507K |
|
1796
CALL
Wingstop
WING
$2.92B
| $18.7M | ﹤0.01% |
83,000
-127,900
| -61% | -$33.3M |
|
1797
CALL
Corteva
CTVA
$55.6B
| $18.7M | ﹤0.01% |
297,400
+35,300
| +13% | +$2.18M |
|
1798
CALL
Direxion Daily Technology Bear 3x ETF
TECS
$64.8M
| $18.7M | ﹤0.01% |
29,570
+8,270
| +39% | +$4.18M |
|
1799
CALL
Bunge Global
BG
$21.4B
| $18.7M | ﹤0.01% |
244,700
-233,400
| -49% | -$17.5M |
|
1800
CALL
Commault Systems
CVLT
$5.84B
| $18.7M | ﹤0.01% |
118,300
+60,900
| +106% | +$10M |
|
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's Q1 2025 filing shows 1,775 new, 5,712 increased, 4,842 reduced and 1,482 closed positions. Its largest new stake was Brookfield Asset Management: 1,775,684 shares worth $86M. The largest sale was Invesco QQQ Trust, an estimated $1.25B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 93% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.