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 | |
|---|---|---|---|---|---|---|
1976
PUT
Lincoln National
LNC
$8.33B
| $15.8M | ﹤0.01% |
439,300
-255,400
| -37% | -$9.06M |
|
|
EH
1977
PUT
EHang Holdings
EH
$353M
| $15.8M | ﹤0.01% |
754,600
-625,700
| -45% | -$12.7M |
|
1978
Global Payments
GPN
$24.5B
| $15.8M | ﹤0.01% |
160,980
-36,053
| -18% | -$3.77M |
|
1979
Intercontinental Exchange
ICE
$90.5B
| $15.8M | ﹤0.01% |
91,358
-130,995
| -59% | -$21.5M |
|
|
ESGR
1980
CALL
DELISTED
Enstar Group
ESGR
| $15.8M | ﹤0.01% |
47,400
+35,000
| +282% | +$11.5M |
|
1981
PUT
Centrus Energy
LEU
$3.89B
| $15.8M | ﹤0.01% |
253,200
-47,800
| -16% | -$4.03M |
|
1982
PUT
Ferguson
FERG
$45.1B
| $15.7M | ﹤0.01% |
98,200
+58,400
| +147% | +$10.1M |
|
1983
United States Natural Gas Fund
UNG
$525M
| $15.7M | ﹤0.01% |
727,687
+123,104
| +20% | +$2.43M |
|
1984
PUT
Albertsons Companies
ACI
$5.94B
| $15.7M | ﹤0.01% |
715,100
-1,049,700
| -59% | -$21.7M |
|
1985
FMC
FMC
$1.33B
| $15.7M | ﹤0.01% |
372,644
+243,078
| +188% | +$10.8M |
|
1986
PUT
Tyler Technologies
TYL
$15.1B
| $15.7M | ﹤0.01% |
27,000
+2,500
| +10% | +$1.48M |
|
1987
CALL
Lumen
LUMN
$6.33B
| $15.7M | ﹤0.01% |
3,997,400
-2,417,800
| -38% | -$12M |
|
1988
CALL
Joby Aviation
JOBY
$7.07B
| $15.7M | ﹤0.01% |
2,602,300
+735,900
| +39% | +$5.51M |
|
1989
PUT
Chord Energy
CHRD
$7.99B
| $15.6M | ﹤0.01% |
138,800
+27,900
| +25% | +$3.17M |
|
1990
PUT
First Trust NASDAQ Cybersecurity ETF
CIBR
$16B
| $15.6M | ﹤0.01% |
248,200
+158,200
| +176% | +$10.5M |
|
1991
Rigetti Computing
RGTI
$5.49B
| $15.6M | ﹤0.01% |
1,973,563
+1,886,501
| +2,167% | +$20.9M |
|
1992
CALL
iShares MSCI Japan ETF
EWJ
$22.7B
| $15.6M | ﹤0.01% |
227,200
-146,200
| -39% | -$10.1M |
|
1993
OneMain Financial
OMF
$7.35B
| $15.6M | ﹤0.01% |
318,617
+132,278
| +71% | +$7.01M |
|
|
TIGR
1994
UP Fintech Holding
TIGR
$910M
| $15.6M | ﹤0.01% |
1,811,668
+1,148,975
| +173% | +$8.58M |
|
|
BECN
1995
CALL
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $15.6M | ﹤0.01% |
125,800
+108,300
| +619% | +$12.6M |
|
1996
CALL
iShares Russell 1000 ETF
IWB
$49.2B
| $15.6M | ﹤0.01% |
50,700
-21,600
| -30% | -$6.98M |
|
1997
Kraft Heinz
KHC
$29.8B
| $15.5M | ﹤0.01% |
510,944
-786,579
| -61% | -$23.5M |
|
1998
Capri Holdings
CPRI
$1.5B
| $15.5M | ﹤0.01% |
787,461
+396,798
| +102% | +$8.79M |
|
|
HUT
1999
CALL
Hut 8
HUT
$10.7B
| $15.5M | ﹤0.01% |
1,335,800
-706,500
| -35% | -$13M |
|
2000
HF Sinclair
DINO
$17.2B
| $15.5M | ﹤0.01% |
470,220
+193,590
| +70% | +$6.79M |
|
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.