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 | |
|---|---|---|---|---|---|---|
1951
PUT
Bank of Montreal
BMO
$120B
| $16.2M | ﹤0.01% |
170,000
+99,700
| +142% | +$9.86M |
|
1952
CALL
Centrus Energy
LEU
$3.89B
| $16.2M | ﹤0.01% |
260,000
-62,700
| -19% | -$5.28M |
|
|
GTM
1953
PUT
ZoomInfo Technologies
GTM
$1.19B
| $16.2M | ﹤0.01% |
1,617,000
-510,600
| -24% | -$5.35M |
|
1954
PUT
Ciena
CIEN
$56.6B
| $16.1M | ﹤0.01% |
266,900
+53,800
| +25% | +$4.25M |
|
1955
Floor & Decor
FND
$5.68B
| $16.1M | ﹤0.01% |
200,054
+149,354
| +295% | +$14.1M |
|
1956
CALL
Tractor Supply
TSCO
$18.1B
| $16.1M | ﹤0.01% |
291,700
-115,700
| -28% | -$6.33M |
|
1957
PUT
NuScale Power
SMR
$4B
| $16.1M | ﹤0.01% |
1,134,300
+428,900
| +61% | +$8.67M |
|
|
GAP
1958
CALL
The Gap Inc
GAP
$7.48B
| $16M | ﹤0.01% |
778,100
-450,100
| -37% | -$10.1M |
|
|
BECN
1959
PUT
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $16M | ﹤0.01% |
+129,600
| New | +$15.1M |
|
1960
PUT
Transmedics
TMDX
$3.18B
| $16M | ﹤0.01% |
238,100
-148,900
| -38% | -$10.2M |
|
1961
PUT
Sprott Uranium Miners ETF
URNM
$2.26B
| $16M | ﹤0.01% |
492,700
+227,600
| +86% | +$8.65M |
|
1962
CALL
First Majestic Silver
AG
$10.7B
| $16M | ﹤0.01% |
2,388,400
-88,400
| -4% | -$526K |
|
1963
PUT
Huntington Ingalls Industries
HII
$11.7B
| $16M | ﹤0.01% |
78,300
+18,400
| +31% | +$3.49M |
|
1964
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
| $16M | ﹤0.01% |
+210,141
| New | +$15.9M |
|
1965
CALL
ProShares UltraPro Short Dow 30
SDOW
$158M
| $15.9M | ﹤0.01% |
305,100
-152,200
| -33% | -$7.4M |
|
1966
CALL
Planet Fitness
PLNT
$3.91B
| $15.9M | ﹤0.01% |
164,800
-73,600
| -31% | -$7.41M |
|
1967
CALL
NexGen Energy
NXE
$7.5B
| $15.9M | ﹤0.01% |
3,543,200
+2,147,500
| +154% | +$12.7M |
|
1968
Veracyte
VCYT
$3.64B
| $15.9M | ﹤0.01% |
536,404
+487,614
| +999% | +$18.6M |
|
1969
Corning
GLW
$132B
| $15.9M | ﹤0.01% |
347,102
+56,614
| +19% | +$2.8M |
|
1970
Hewlett Packard
HPE
$72B
| $15.9M | ﹤0.01% |
1,029,823
+367,688
| +56% | +$7.32M |
|
1971
PUT
Golar LNG
GLNG
$5.26B
| $15.9M | ﹤0.01% |
418,000
+340,300
| +438% | +$13.3M |
|
1972
Deckers Outdoor
DECK
$11.8B
| $15.9M | ﹤0.01% |
141,954
+67,798
| +91% | +$11M |
|
1973
CALL
Signet Jewelers
SIG
$3.18B
| $15.8M | ﹤0.01% |
272,800
-120,600
| -31% | -$6.91M |
|
1974
Halliburton
HAL
$29.6B
| $15.8M | ﹤0.01% |
624,127
-509,749
| -45% | -$13.4M |
|
1975
PUT
Sony
SONY
$141B
| $15.8M | ﹤0.01% |
622,700
-187,800
| -23% | -$4.34M |
|
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.