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 | |
|---|---|---|---|---|---|---|
2251
CALL
M/I Homes
MHO
$3.82B
| $12.4M | ﹤0.01% |
108,700
+45,300
| +71% | +$5.56M |
|
2252
CALL
Verisk Analytics
VRSK
$24.9B
| $12.4M | ﹤0.01% |
41,700
+8,500
| +26% | +$2.45M |
|
2253
HDFC Bank
HDB
$115B
| $12.4M | ﹤0.01% |
373,522
+255,000
| +215% | +$7.78M |
|
2254
PUT
Tidewater
TDW
$4.63B
| $12.4M | ﹤0.01% |
293,300
+100,700
| +52% | +$5.01M |
|
2255
UMB Financial
UMBF
$11B
| $12.4M | ﹤0.01% |
122,429
+96,089
| +365% | +$10.6M |
|
2256
Old National Bancorp
ONB
$9.89B
| $12.4M | ﹤0.01% |
584,056
+401,203
| +219% | +$9.03M |
|
2257
CALL
Church & Dwight Co
CHD
$24.3B
| $12.4M | ﹤0.01% |
112,400
-12,400
| -10% | -$1.33M |
|
2258
PUT
Ares Capital
ARCC
$14.3B
| $12.4M | ﹤0.01% |
558,300
-293,900
| -34% | -$6.67M |
|
2259
MongoDB
MDB
$35.4B
| $12.4M | ﹤0.01% |
70,515
-169,548
| -71% | -$41.3M |
|
2260
Mueller Industries
MLI
$14.2B
| $12.4M | ﹤0.01% |
324,444
-175,172
| -35% | -$6.99M |
|
2261
PUT
International Flavors & Fragrances
IFF
$22.2B
| $12.3M | ﹤0.01% |
159,100
-21,300
| -12% | -$1.76M |
|
2262
Entegris
ENTG
$22.2B
| $12.3M | ﹤0.01% |
141,102
-410,554
| -74% | -$41.4M |
|
2263
Stride
LRN
$3.55B
| $12.3M | ﹤0.01% |
97,533
+78,012
| +400% | +$9.86M |
|
2264
CALL
Celanese
CE
$4.92B
| $12.3M | ﹤0.01% |
217,200
-69,200
| -24% | -$4.32M |
|
2265
Marathon Digital Holdings
MARA
$4.59B
| $12.3M | ﹤0.01% |
1,071,147
-989,854
| -48% | -$15.7M |
|
2266
CALL
Freshpet
FRPT
$3.5B
| $12.3M | ﹤0.01% |
148,100
-41,800
| -22% | -$5.11M |
|
|
CNR
2267
PUT
Core Natural Resources Inc
CNR
$5.05B
| $12.3M | ﹤0.01% |
159,400
-129,300
| -45% | -$10.9M |
|
2268
CALL
Keysight
KEYS
$55.5B
| $12.3M | ﹤0.01% |
82,000
-81,800
| -50% | -$13.5M |
|
2269
CALL
Kohl's
KSS
$2.06B
| $12.3M | ﹤0.01% |
1,501,200
-341,500
| -19% | -$3.96M |
|
2270
PUT
AeroVironment
AVAV
$7.74B
| $12.3M | ﹤0.01% |
103,000
-39,600
| -28% | -$6.08M |
|
2271
PUT
iQIYI
IQ
$892M
| $12.3M | ﹤0.01% |
5,423,900
+2,740,500
| +102% | +$6.02M |
|
2272
CALL
Toyota
TM
$227B
| $12.3M | ﹤0.01% |
69,400
-241,700
| -78% | -$45M |
|
2273
Telephone and Data Systems
TDS
$3.82B
| $12.2M | ﹤0.01% |
316,147
+118,558
| +60% | +$4.27M |
|
|
NVMI
2274
Nova
NVMI
$11.8B
| $12.2M | ﹤0.01% |
66,337
+49,669
| +298% | +$11.5M |
|
2275
PUT
iShares MSCI ACWI ETF
ACWI
$33.4B
| $12.2M | ﹤0.01% |
104,900
-46,800
| -31% | -$5.61M |
|
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.