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 | |
|---|---|---|---|---|---|---|
1901
CALL
Trimble
TRMB
$14.3B
| $16.9M | ﹤0.01% |
258,000
+24,700
| +11% | +$1.78M |
|
1902
PUT
Infosys
INFY
$48.2B
| $16.9M | ﹤0.01% |
928,000
+685,600
| +283% | +$14.2M |
|
1903
CALL
Ferguson
FERG
$45.1B
| $16.9M | ﹤0.01% |
105,500
+21,000
| +25% | +$3.64M |
|
1904
PUT
VICI Properties
VICI
$28.4B
| $16.9M | ﹤0.01% |
517,600
+100,000
| +24% | +$3.08M |
|
1905
Celsius Holdings
CELH
$8.35B
| $16.9M | ﹤0.01% |
473,953
-272,677
| -37% | -$7.43M |
|
1906
CALL
Grab
GRAB
$14.7B
| $16.9M | ﹤0.01% |
3,725,500
-2,857,700
| -43% | -$13.3M |
|
1907
CALL
Hartford Financial Services
HIG
$37.3B
| $16.9M | ﹤0.01% |
136,300
-295,900
| -68% | -$33.9M |
|
1908
LPL Financial
LPLA
$28.4B
| $16.8M | ﹤0.01% |
51,506
-466
| -0.9% | -$162K |
|
1909
PUT
Martin Marietta Materials
MLM
$37.5B
| $16.8M | ﹤0.01% |
35,100
+10,300
| +42% | +$5.23M |
|
1910
PUT
iShares National Muni Bond ETF
MUB
$45.5B
| $16.7M | ﹤0.01% |
158,800
+135,100
| +570% | +$14.4M |
|
1911
CALL
iShares MSCI Canada ETF
EWC
$6.91B
| $16.7M | ﹤0.01% |
410,800
+295,400
| +256% | +$12.1M |
|
1912
Carter's
CRI
$1.22B
| $16.7M | ﹤0.01% |
409,087
+341,337
| +504% | +$16.4M |
|
|
GRMN
1913
Garmin
GRMN
$55.9B
| $16.7M | ﹤0.01% |
77,050
-11,807
| -13% | -$2.55M |
|
1914
NextNav
NN
$2.65B
| $16.7M | ﹤0.01% |
1,373,861
-34,670
| -2% | -$419K |
|
1915
ZIM Integrated Shipping Services
ZIM
$3.36B
| $16.7M | ﹤0.01% |
1,145,957
+906,515
| +379% | +$17M |
|
1916
CALL
Elastic
ESTC
$8.7B
| $16.7M | ﹤0.01% |
187,600
-221,100
| -54% | -$22.9M |
|
1917
Allison Transmission
ALSN
$10.7B
| $16.7M | ﹤0.01% |
174,584
+16,474
| +10% | +$1.75M |
|
1918
BILL Holdings
BILL
$4.87B
| $16.7M | ﹤0.01% |
363,763
+310,608
| +584% | +$20.9M |
|
1919
SouthState Bank Corp
SSB
$10.3B
| $16.7M | ﹤0.01% |
179,658
+132,847
| +284% | +$13.1M |
|
1920
PUT
Iron Mountain
IRM
$36.5B
| $16.7M | ﹤0.01% |
193,600
+67,800
| +54% | +$6.53M |
|
1921
PUT
ProShares Ultra S&P500
SSO
$8.52B
| $16.6M | ﹤0.01% |
402,200
-215,000
| -35% | -$9.92M |
|
1922
CoStar Group
CSGP
$12.7B
| $16.6M | ﹤0.01% |
209,553
+31,613
| +18% | +$2.41M |
|
|
ITCI
1923
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $16.6M | ﹤0.01% |
125,800
+84,600
| +205% | +$10.5M |
|
1924
PUT
Alerian MLP ETF
AMLP
$13.4B
| $16.6M | ﹤0.01% |
319,500
+88,900
| +39% | +$4.56M |
|
1925
Caesars Entertainment
CZR
$6.04B
| $16.6M | ﹤0.01% |
663,034
+130,133
| +24% | +$4.23M |
|
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.