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 | |
|---|---|---|---|---|---|---|
2201
iShares US Home Construction ETF
ITB
$2.23B
| $13.1M | ﹤0.01% |
137,981
-45,406
| -25% | -$4.62M |
|
2202
CALL
GDS Holdings
GDS
$6.71B
| $13.1M | ﹤0.01% |
518,500
-337,400
| -39% | -$10.2M |
|
2203
PUT
Ares Management
ARES
$32.1B
| $13.1M | ﹤0.01% |
89,300
+66,700
| +295% | +$11.5M |
|
2204
iShares Russell 1000 Growth ETF
IWF
$127B
| $13.1M | ﹤0.01% |
144,928
+112,884
| +352% | +$11.1M |
|
2205
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$687M
| $13.1M | ﹤0.01% |
213,000
+127,100
| +148% | +$6.28M |
|
2206
XPeng
XPEV
$10.8B
| $13.1M | ﹤0.01% |
630,681
+557,686
| +764% | +$10M |
|
2207
Live Nation Entertainment
LYV
$42.1B
| $13.1M | ﹤0.01% |
99,996
+26,244
| +36% | +$3.58M |
|
2208
PUT
Welltower
WELL
$173B
| $13M | ﹤0.01% |
85,100
-145,200
| -63% | -$20.7M |
|
2209
Coca-Cola Europacific Partners
CCEP
$47.4B
| $13M | ﹤0.01% |
149,625
-560,358
| -79% | -$45.7M |
|
2210
CALL
Campbell Soup
CPB
$6.94B
| $13M | ﹤0.01% |
325,000
+177,800
| +121% | +$6.97M |
|
2211
PUT
Copa Holdings
CPA
$5.36B
| $13M | ﹤0.01% |
140,300
-20,000
| -12% | -$1.86M |
|
|
PINC
2212
DELISTED
Premier
PINC
| $13M | ﹤0.01% |
672,622
+561,667
| +506% | +$11.1M |
|
2213
BHP
BHP
$245B
| $13M | ﹤0.01% |
267,153
+85,165
| +47% | +$4.24M |
|
2214
PUT
OneMain Financial
OMF
$7.35B
| $13M | ﹤0.01% |
265,200
+73,000
| +38% | +$3.87M |
|
2215
CALL
Century Aluminum
CENX
$4.54B
| $13M | ﹤0.01% |
697,800
+6,700
| +1% | +$129K |
|
|
CNTA
2216
DELISTED
Centessa Pharmaceuticals
CNTA
| $12.9M | ﹤0.01% |
899,505
+883,759
| +5,613% | +$14.5M |
|
|
LAZR
2217
CALL
DELISTED
Luminar Technologies
LAZR
| $12.9M | ﹤0.01% |
2,398,900
-899,900
| -27% | -$5.44M |
|
2218
Waste Management
WM
$87B
| $12.9M | ﹤0.01% |
55,678
-115,438
| -67% | -$25.6M |
|
2219
PUT
Jefferies Financial Group
JEF
$12.2B
| $12.9M | ﹤0.01% |
240,500
+160,800
| +202% | +$10.9M |
|
2220
PUT
Vanguard FTSE Europe ETF
VGK
$31B
| $12.8M | ﹤0.01% |
182,700
+67,100
| +58% | +$4.63M |
|
2221
Southwest Airlines
LUV
$19.5B
| $12.8M | ﹤0.01% |
381,398
-105,426
| -22% | -$3.34M |
|
2222
CALL
STMicroelectronics
STM
$45.8B
| $12.8M | ﹤0.01% |
582,900
-262,600
| -31% | -$6.45M |
|
|
QXO
2223
QXO Inc
QXO
$14.4B
| $12.8M | ﹤0.01% |
944,535
+753,491
| +394% | +$10.2M |
|
2224
PUT
Teladoc Health
TDOC
$1.16B
| $12.8M | ﹤0.01% |
1,605,900
+287,800
| +22% | +$2.91M |
|
2225
PUT
Plains All American Pipeline
PAA
$18B
| $12.8M | ﹤0.01% |
637,600
-112,000
| -15% | -$2.21M |
|
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.