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 | |
|---|---|---|---|---|---|---|
1926
CALL
Unilever
UL
$139B
| $16.6M | ﹤0.01% |
247,289
-324,533
| -57% | -$20.9M |
|
1927
PUT
Matador Resources
MTDR
$7.02B
| $16.6M | ﹤0.01% |
324,000
+145,400
| +81% | +$8.04M |
|
1928
Carpenter Technology
CRS
$24.3B
| $16.5M | ﹤0.01% |
91,293
+30,030
| +49% | +$5.79M |
|
1929
Illumina
ILMN
$34.4B
| $16.5M | ﹤0.01% |
208,439
+12,992
| +7% | +$1.41M |
|
1930
Casella Waste Systems
CWST
$5.92B
| $16.5M | ﹤0.01% |
147,938
+18,559
| +14% | +$2.03M |
|
|
SNDK
1931
Sandisk
SNDK
$217B
| $16.5M | ﹤0.01% |
+346,383
| New | +$17.2M |
|
1932
ICICI Bank
IBN
$107B
| $16.5M | ﹤0.01% |
523,170
+363,110
| +227% | +$10.5M |
|
1933
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.8B
| $16.5M | ﹤0.01% |
229,103
-428,430
| -65% | -$34.8M |
|
1934
Elanco Animal Health
ELAN
$12.2B
| $16.5M | ﹤0.01% |
1,569,471
+435,188
| +38% | +$4.92M |
|
1935
PUT
Nasdaq
NDAQ
$55.5B
| $16.5M | ﹤0.01% |
217,100
-120,400
| -36% | -$9.47M |
|
|
WNS
1936
CALL
DELISTED
WNS Holdings
WNS
| $16.4M | ﹤0.01% |
267,200
+255,100
| +2,108% | +$14.6M |
|
1937
PUT
Hasbro
HAS
$13.3B
| $16.4M | ﹤0.01% |
266,900
-164,500
| -38% | -$9.95M |
|
1938
CALL
State Street
STT
$53.1B
| $16.4M | ﹤0.01% |
183,100
-43,700
| -19% | -$4.17M |
|
1939
PUT
Repligen
RGEN
$10.3B
| $16.4M | ﹤0.01% |
128,800
+13,900
| +12% | +$2.14M |
|
1940
PUT
Ralph Lauren
RL
$21B
| $16.4M | ﹤0.01% |
74,200
-99,400
| -57% | -$24.6M |
|
1941
CALL
Kinsale Capital Group
KNSL
$8.7B
| $16.4M | ﹤0.01% |
33,600
-5,500
| -14% | -$2.47M |
|
1942
PUT
Charles River Laboratories
CRL
$14.2B
| $16.3M | ﹤0.01% |
108,600
-600
| -0.5% | -$101K |
|
1943
Dollar Tree
DLTR
$24.4B
| $16.3M | ﹤0.01% |
217,680
-168,070
| -44% | -$12M |
|
1944
PUT
SBA Communications
SBAC
$19.8B
| $16.3M | ﹤0.01% |
74,200
+19,600
| +36% | +$4.1M |
|
1945
Atmus Filtration Technologies
ATMU
$3.98B
| $16.3M | ﹤0.01% |
444,136
+69,205
| +18% | +$2.73M |
|
1946
Palo Alto Networks
PANW
$312B
| $16.3M | ﹤0.01% |
95,598
-436,294
| -82% | -$80.7M |
|
1947
CALL
ADMA Biologics
ADMA
$2.12B
| $16.3M | ﹤0.01% |
821,300
-59,700
| -7% | -$1.03M |
|
|
EH
1948
CALL
EHang Holdings
EH
$353M
| $16.3M | ﹤0.01% |
779,500
+403,000
| +107% | +$8.18M |
|
1949
PUT
Root
ROOT
$853M
| $16.3M | ﹤0.01% |
121,800
-48,700
| -29% | -$5.58M |
|
1950
PUT
Hyatt Hotels
H
$16.3B
| $16.2M | ﹤0.01% |
132,600
+84,700
| +177% | +$12.2M |
|
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.