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 | |
|---|---|---|---|---|---|---|
2101
PUT
Norfolk Southern
NSC
$78.1B
| $14.2M | ﹤0.01% |
59,800
-26,400
| -31% | -$6.43M |
|
|
PPL
2102
PUT
PPL Corp
PPL
$25.9B
| $14.2M | ﹤0.01% |
392,000
+200,900
| +105% | +$6.81M |
|
2103
CALL
Molson Coors Class B
TAP
$7.77B
| $14.2M | ﹤0.01% |
232,500
-188,400
| -45% | -$10.8M |
|
2104
CALL
Transocean
RIG
$6.41B
| $14.1M | ﹤0.01% |
4,463,000
-1,147,400
| -20% | -$4.02M |
|
2105
PUT
Kinsale Capital Group
KNSL
$8.7B
| $14.1M | ﹤0.01% |
29,000
-9,100
| -24% | -$4.08M |
|
2106
Take-Two Interactive
TTWO
$43.6B
| $14.1M | ﹤0.01% |
68,058
-167,891
| -71% | -$33.5M |
|
2107
Ulta Beauty
ULTA
$23.2B
| $14.1M | ﹤0.01% |
38,469
-31,776
| -45% | -$12.1M |
|
2108
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$388M
| $14.1M | ﹤0.01% |
520,600
+37,400
| +8% | +$1.02M |
|
2109
PUT
Vanguard High Dividend Yield ETF
VYM
$82.9B
| $14.1M | ﹤0.01% |
109,200
-11,000
| -9% | -$1.44M |
|
2110
AutoZone
AZO
$47.9B
| $14.1M | ﹤0.01% |
3,693
-9,481
| -72% | -$32.7M |
|
2111
CALL
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.24B
| $14.1M | ﹤0.01% |
306,800
+219,200
| +250% | +$11.4M |
|
2112
CALL
Dave Inc
DAVE
$4.77B
| $14.1M | ﹤0.01% |
170,200
-9,500
| -5% | -$890K |
|
2113
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $14.1M | ﹤0.01% |
206,655
+125,953
| +156% | +$9.4M |
|
2114
CALL
Hubbell
HUBB
$24.8B
| $14.1M | ﹤0.01% |
42,500
+15,300
| +56% | +$5.92M |
|
2115
CALL
Aecom
ACM
$8.52B
| $14.1M | ﹤0.01% |
151,600
+24,400
| +19% | +$2.48M |
|
2116
CALL
iShares TIPS Bond ETF
TIP
$15.1B
| $14M | ﹤0.01% |
126,400
-344,100
| -73% | -$37.4M |
|
2117
Spectrum Brands
SPB
$2.04B
| $14M | ﹤0.01% |
196,136
+58,217
| +42% | +$4.57M |
|
2118
PUT
iShares Gold Trust
IAU
$68.3B
| $14M | ﹤0.01% |
237,900
+17,300
| +8% | +$936K |
|
2119
PUT
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$515M
| $14M | ﹤0.01% |
225,200
+118,800
| +112% | +$9.3M |
|
2120
PUT
Dominion Energy
D
$58.5B
| $14M | ﹤0.01% |
249,900
-197,100
| -44% | -$10.8M |
|
2121
CALL
BWX Technologies
BWXT
$14.3B
| $14M | ﹤0.01% |
141,800
-133,500
| -48% | -$14.5M |
|
2122
CALL
AerCap
AER
$23.3B
| $14M | ﹤0.01% |
136,700
-60,000
| -31% | -$5.94M |
|
2123
PUT
Sweetgreen
SG
$808M
| $14M | ﹤0.01% |
557,800
+75,700
| +16% | +$2.09M |
|
2124
CALL
iShares National Muni Bond ETF
MUB
$45.5B
| $13.9M | ﹤0.01% |
132,300
+125,800
| +1,935% | +$13.4M |
|
2125
PUT
Molina Healthcare
MOH
$10.4B
| $13.9M | ﹤0.01% |
42,300
-36,900
| -47% | -$11.1M |
|
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.