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 |
Invesco QQQ Trust
QQQ
|
+$2.65B |
| 2 |
TSMC
TSM
|
+$1.25B |
| 3 |
Microsoft
MSFT
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$957M |
| 5 |
UnitedHealth
UNH
|
+$774M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$785M |
| 2 |
Broadcom
AVGO
|
+$635M |
| 3 |
Netflix
NFLX
|
+$580M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
KraneShares CSI China Internet ETF
KWEB
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.37% |
| 2 | Technology | 2.02% |
| 3 | Consumer Discretionary | 0.76% |
| 4 | Healthcare | 0.56% |
| 5 | Financials | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
CALL
HEICO Corp
HEI
$47.1B
| $25.3M | ﹤0.01% |
92,300
+70,700
| +327% | +$22.8M |
|
1927
PUT
Vaxcyte
PCVX
$9.1B
| $25.3M | ﹤0.01% |
435,400
+342,100
| +367% | +$18.6M |
|
1928
CALL
Lumen
LUMN
$6.33B
| $25.3M | ﹤0.01% |
3,638,300
-1,345,700
| -27% | -$10.2M |
|
1929
PUT
Fluor
FLR
$7.24B
| $25.2M | ﹤0.01% |
540,900
-380,700
| -41% | -$17.7M |
|
1930
PUT
Macy's
M
$5.92B
| $25.2M | ﹤0.01% |
1,394,000
-220,500
| -14% | -$4.46M |
|
|
GAP
1931
CALL
The Gap Inc
GAP
$7.48B
| $25.2M | ﹤0.01% |
1,041,600
-425,700
| -29% | -$11.3M |
|
|
VOYG
1932
CALL
Voyager Technologies
VOYG
$2.12B
| $25.2M | ﹤0.01% |
1,077,000
+768,100
| +249% | +$22M |
|
1933
PUT
JB Hunt Transport Services
JBHT
$24.7B
| $25.2M | ﹤0.01% |
118,800
-57,300
| -33% | -$12.2M |
|
1934
Kinder Morgan
KMI
$70.2B
| $25.2M | ﹤0.01% |
750,201
-353,551
| -32% | -$11M |
|
1935
PUT
United States Natural Gas Fund
UNG
$525M
| $25.2M | ﹤0.01% |
2,144,400
-3,574,600
| -63% | -$44.1M |
|
1936
PUT
Sable Offshore Corp
SOC
$894M
| $25.1M | ﹤0.01% |
1,521,200
-396,400
| -21% | -$4.63M |
|
1937
Ulta Beauty
ULTA
$23.2B
| $25.1M | ﹤0.01% |
47,988
+12,428
| +35% | +$7.9M |
|
1938
CALL
First Citizens BancShares
FCNCA
$24.4B
| $25.1M | ﹤0.01% |
13,300
-16,400
| -55% | -$32.9M |
|
1939
D-Wave Quantum Inc
QBTS
$6.67B
| $25M | ﹤0.01% |
1,734,355
+954,924
| +123% | +$20.2M |
|
1940
CALL
Jazz Pharmaceuticals
JAZZ
$16.3B
| $24.9M | ﹤0.01% |
131,700
-113,600
| -46% | -$19.9M |
|
1941
CALL
Harrow
HROW
$1.44B
| $24.9M | ﹤0.01% |
705,000
+21,500
| +3% | +$945K |
|
1942
CALL
CDW
CDW
$18.6B
| $24.8M | ﹤0.01% |
205,000
+105,200
| +105% | +$13.3M |
|
1943
Otis Worldwide
OTIS
$27.2B
| $24.8M | ﹤0.01% |
321,576
+253,198
| +370% | +$22.2M |
|
1944
iShares MSCI Emerging Markets ETF
EEM
$31.4B
| $24.8M | ﹤0.01% |
436,351
+351,179
| +412% | +$20.7M |
|
1945
CALL
abrdn Physical Palladium Shares ETF
PALL
$706M
| $24.8M | ﹤0.01% |
919,000
+216,500
| +31% | +$6.7M |
|
1946
PUT
Antero Resources
AR
$11.8B
| $24.7M | ﹤0.01% |
583,000
-567,400
| -49% | -$20.7M |
|
1947
PUT
Lennox International
LII
$13.5B
| $24.7M | ﹤0.01% |
53,300
+41,800
| +363% | +$21.5M |
|
1948
CALL
Banco Macro
BMA
$4.91B
| $24.7M | ﹤0.01% |
319,500
+163,200
| +104% | +$13.9M |
|
1949
CALL
Sigma Lithium
SGML
$1.42B
| $24.7M | ﹤0.01% |
2,003,000
+1,228,500
| +159% | +$15.7M |
|
1950
United States Oil Fund
USO
$2.03B
| $24.7M | ﹤0.01% |
194,197
-18,057
| -9% | -$1.6M |
|
Similar funds
Jeff Yass's Q1 2026 Portfolio in Review
As of Q1 2026, Jeff Yass held 14,567 positions worth $893B, up 2.9% from $868B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass's Q1 2026 filing shows 2,388 new, 5,757 increased, 4,870 reduced and 1,500 closed positions. Its largest new stake was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M. The largest sale was JPMorgan International Research Enhanced Equity ETF, an estimated $785M.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q1 2026 buy was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
- Jeff Yass added most to Invesco QQQ Trust in Q1 2026, an estimated $2.65B increase.
- Jeff Yass's biggest Q1 2026 reduction was JPMorgan International Research Enhanced Equity ETF, cutting an estimated $785M.
- Jeff Yass fully exited Schwab International Equity ETF in Q1 2026, selling an estimated $147M.
- Jeff Yass's ten largest holdings make up 27% of its $893B portfolio in Q1 2026.
- Jeff Yass opened 2,388 new positions and closed 1,500 in Q1 2026.
- Jeff Yass's portfolio value rose 2.9% quarter-over-quarter to $893B.
Based on Susquehanna International Group's 13F filing for Q1 2026, filed 15 May 2026.