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 | |
|---|---|---|---|---|---|---|
2001
Match Group
MTCH
$9.46B
| $15.4M | ﹤0.01% |
494,414
-157,792
| -24% | -$5.16M |
|
2002
CALL
Textron
TXT
$14.2B
| $15.4M | ﹤0.01% |
213,300
+85,300
| +67% | +$6.38M |
|
2003
Occidental Petroleum Corp Warrants
OXY.WS
$35B
| $15.4M | ﹤0.01% |
556,894
+186,612
| +50% | +$5.06M |
|
2004
CALL
Sunrun
RUN
$2.18B
| $15.4M | ﹤0.01% |
2,628,400
-679,500
| -21% | -$5.6M |
|
2005
PUT
United States Natural Gas Fund
UNG
$525M
| $15.4M | ﹤0.01% |
712,500
-4,326,200
| -86% | -$85.3M |
|
2006
PUT
Group 1 Automotive
GPI
$3.12B
| $15.4M | ﹤0.01% |
40,300
-2,600
| -6% | -$1.14M |
|
2007
CALL
Paycom
PAYC
$10.7B
| $15.4M | ﹤0.01% |
70,400
-83,800
| -54% | -$17.7M |
|
|
XIFR
2008
PUT
XPLR Infrastructure LP
XIFR
$1.11B
| $15.4M | ﹤0.01% |
1,618,700
+1,049,200
| +184% | +$11.9M |
|
2009
Global X Uranium ETF
URA
$6.78B
| $15.4M | ﹤0.01% |
669,927
-280,990
| -30% | -$7.48M |
|
2010
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.15B
| $15.3M | ﹤0.01% |
262,100
-559,100
| -68% | -$45.5M |
|
2011
CALL
Shift4
FOUR
$3.47B
| $15.3M | ﹤0.01% |
187,800
-134,700
| -42% | -$13.9M |
|
2012
CALL
Entegris
ENTG
$22.2B
| $15.3M | ﹤0.01% |
175,200
-274,300
| -61% | -$27.7M |
|
2013
PUT
Sable Offshore Corp
SOC
$894M
| $15.3M | ﹤0.01% |
603,300
+298,000
| +98% | +$7.63M |
|
2014
ProShares Ultra Bloomberg Natural Gas
BOIL
$426M
| $15.3M | ﹤0.01% |
89,133
+26,557
| +42% | +$3.99M |
|
2015
iShares Core US Aggregate Bond ETF
AGG
$139B
| $15.3M | ﹤0.01% |
154,452
-202,513
| -57% | -$19.8M |
|
2016
CALL
J.M. Smucker
SJM
$14.1B
| $15.3M | ﹤0.01% |
129,000
-172,700
| -57% | -$18.7M |
|
2017
MP Materials
MP
$10.5B
| $15.3M | ﹤0.01% |
625,597
+528,461
| +544% | +$12.3M |
|
2018
2x Bitcoin ETF
BITX
$1.29B
| $15.3M | ﹤0.01% |
430,082
+286,499
| +200% | +$14.1M |
|
2019
PUT
Mettler-Toledo International
MTD
$28.2B
| $15.2M | ﹤0.01% |
12,900
+5,600
| +77% | +$7.15M |
|
2020
CALL
Ollie's Bargain Outlet
OLLI
$4.32B
| $15.2M | ﹤0.01% |
130,900
-3,200
| -2% | -$338K |
|
2021
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.52B
| $15.2M | ﹤0.01% |
279,100
-122,400
| -30% | -$6.54M |
|
2022
CALL
Shake Shack
SHAK
$2.85B
| $15.2M | ﹤0.01% |
172,100
-114,500
| -40% | -$12.4M |
|
2023
CALL
Innodata
INOD
$2.04B
| $15.2M | ﹤0.01% |
422,600
+25,000
| +6% | +$1.1M |
|
2024
Schwab Fundamental International Large Company Index ETF
FNDF
$26B
| $15.2M | ﹤0.01% |
419,417
-337,748
| -45% | -$11.9M |
|
2025
PUT
F5
FFIV
$23.2B
| $15.2M | ﹤0.01% |
56,900
+32,400
| +132% | +$9.06M |
|
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.