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 | |
|---|---|---|---|---|---|---|
1801
Thomson Reuters
TRI
$45.4B
| $18.6M | ﹤0.01% |
+106,252
| New | +$18.3M |
|
1802
CALL
Transmedics
TMDX
$3.19B
| $18.6M | ﹤0.01% |
277,100
+44,000
| +19% | +$3.03M |
|
1803
CALL
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$203M
| $18.6M | ﹤0.01% |
432,800
-28,600
| -6% | -$1.15M |
|
1804
PUT
Campbell Soup
CPB
$6.94B
| $18.6M | ﹤0.01% |
466,600
-515,200
| -52% | -$20.2M |
|
1805
CALL
Consolidated Edison
ED
$39.5B
| $18.6M | ﹤0.01% |
168,300
+67,000
| +66% | +$6.57M |
|
|
SPYM
1806
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$171B
| $18.6M | ﹤0.01% |
282,900
+86,000
| +44% | +$5.95M |
|
1807
Zoom
ZM
$29.4B
| $18.6M | ﹤0.01% |
252,151
+8,862
| +4% | +$706K |
|
|
CFLT
1808
PUT
DELISTED
Confluent
CFLT
| $18.6M | ﹤0.01% |
793,200
+135,400
| +21% | +$3.92M |
|
1809
Sempra
SRE
$55.4B
| $18.6M | ﹤0.01% |
260,172
+3,727
| +1% | +$290K |
|
1810
PUT
Alaska Air
ALK
$4.7B
| $18.5M | ﹤0.01% |
376,200
-353,800
| -48% | -$23.2M |
|
1811
PUT
MP Materials
MP
$10.6B
| $18.5M | ﹤0.01% |
758,300
+93,200
| +14% | +$2.17M |
|
|
HEES
1812
PUT
DELISTED
H&E Equipment Services
HEES
| $18.5M | ﹤0.01% |
195,000
+171,900
| +744% | +$15M |
|
|
SKX
1813
PUT
DELISTED
Skechers
SKX
| $18.5M | ﹤0.01% |
325,400
+98,600
| +43% | +$6.41M |
|
1814
CALL
Huntington Bancshares
HBAN
$34.1B
| $18.5M | ﹤0.01% |
1,229,400
-224,600
| -15% | -$3.62M |
|
1815
PUT
Celanese
CE
$4.92B
| $18.4M | ﹤0.01% |
324,700
-101,500
| -24% | -$6.34M |
|
1816
Trip.com Group
TCOM
$28.1B
| $18.4M | ﹤0.01% |
289,883
+4,333
| +2% | +$284K |
|
1817
CleanSpark
CLSK
$3.32B
| $18.4M | ﹤0.01% |
2,742,170
-222,633
| -8% | -$2.11M |
|
1818
T. Rowe Price
TROW
$24B
| $18.4M | ﹤0.01% |
200,425
+78,037
| +64% | +$8.25M |
|
1819
PUT
Invesco S&P 500 High Beta ETF
SPHB
$953M
| $18.4M | ﹤0.01% |
235,200
+231,100
| +5,637% | +$20.3M |
|
1820
CALL
GSK
GSK
$101B
| $18.4M | ﹤0.01% |
475,100
-274,000
| -37% | -$10M |
|
1821
Amplify Junior Silver Miners ETF
SILJ
$4.39B
| $18.4M | ﹤0.01% |
1,518,293
-606,965
| -29% | -$6.86M |
|
1822
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $18.4M | ﹤0.01% |
337,693
+41,705
| +14% | +$2.23M |
|
|
MSTX
1823
PUT
Defiance Daily Target 2x Long MSTR ETF
MSTX
$306M
| $18.3M | ﹤0.01% |
71,090
-16,270
| -19% | -$6.17M |
|
1824
AES
AES
$10.5B
| $18.3M | ﹤0.01% |
1,476,497
+252,784
| +21% | +$2.92M |
|
1825
CALL
Public Storage
PSA
$58.2B
| $18.3M | ﹤0.01% |
61,200
+17,400
| +40% | +$5.2M |
|
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.