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 | |
|---|---|---|---|---|---|---|
2276
PUT
Transocean
RIG
$6.41B
| $12.2M | ﹤0.01% |
3,848,300
+535,400
| +16% | +$1.88M |
|
2277
CALL
ProShares UltraShort QQQ
QID
$213M
| $12.2M | ﹤0.01% |
320,100
-48,000
| -13% | -$1.59M |
|
2278
Automatic Data Processing
ADP
$113B
| $12.2M | ﹤0.01% |
39,900
-111,975
| -74% | -$33.8M |
|
2279
CALL
Alliance Resource Partners
ARLP
$3.39B
| $12.2M | ﹤0.01% |
446,300
+6,100
| +1% | +$163K |
|
2280
CALL
Teladoc Health
TDOC
$1.16B
| $12.1M | ﹤0.01% |
1,524,700
+198,800
| +15% | +$2.01M |
|
2281
iShares Russell 2000 Value ETF
IWN
$14.7B
| $12.1M | ﹤0.01% |
80,325
-32,287
| -29% | -$5.22M |
|
2282
Celanese
CE
$4.92B
| $12.1M | ﹤0.01% |
213,502
-20,120
| -9% | -$1.26M |
|
2283
PUT
Leidos
LDOS
$17.6B
| $12.1M | ﹤0.01% |
89,800
-186,100
| -67% | -$26M |
|
2284
PUT
Peabody Energy
BTU
$3.59B
| $12.1M | ﹤0.01% |
894,200
-336,400
| -27% | -$5.41M |
|
2285
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.41B
| $12.1M | ﹤0.01% |
289,400
-510,900
| -64% | -$21.3M |
|
2286
CALL
Oscar Health
OSCR
$9.27B
| $12.1M | ﹤0.01% |
923,400
+120,900
| +15% | +$1.79M |
|
2287
PUT
Scotiabank
BNS
$113B
| $12.1M | ﹤0.01% |
255,200
+69,700
| +38% | +$3.5M |
|
2288
CALL
ProShares UltraPro Short S&P 500
SPXU
$384M
| $12.1M | ﹤0.01% |
118,475
-68,600
| -37% | -$6.19M |
|
2289
ProShares UltraPro S&P 500
UPRO
$5.61B
| $12.1M | ﹤0.01% |
+163,603
| New | +$14.4M |
|
2290
Diamondback Energy
FANG
$56.1B
| $12.1M | ﹤0.01% |
75,530
-87,042
| -54% | -$14M |
|
2291
PUT
NexGen Energy
NXE
$7.5B
| $12.1M | ﹤0.01% |
2,688,100
+2,488,900
| +1,249% | +$14.7M |
|
2292
PUT
Lennox International
LII
$13.5B
| $12.1M | ﹤0.01% |
21,500
-13,900
| -39% | -$8.42M |
|
2293
Viking Holdings
VIK
$40.1B
| $12.1M | ﹤0.01% |
+303,167
| New | +$14M |
|
2294
Vaxcyte
PCVX
$9.1B
| $12M | ﹤0.01% |
318,338
+192,942
| +154% | +$15.4M |
|
2295
CALL
Coca-Cola Europacific Partners
CCEP
$47.4B
| $12M | ﹤0.01% |
138,000
-55,800
| -29% | -$4.55M |
|
|
GTM
2296
CALL
ZoomInfo Technologies
GTM
$1.19B
| $12M | ﹤0.01% |
1,201,000
+314,800
| +36% | +$3.3M |
|
2297
e.l.f. Beauty
ELF
$6.26B
| $12M | ﹤0.01% |
191,131
+161,084
| +536% | +$14M |
|
2298
CALL
Academy Sports + Outdoors
ASO
$2.64B
| $12M | ﹤0.01% |
263,100
-100
| -0% | -$5.14K |
|
2299
Pan American Silver
PAAS
$22.8B
| $12M | ﹤0.01% |
464,502
+442,687
| +2,029% | +$10.6M |
|
2300
PUT
Solventum
SOLV
$15.5B
| $12M | ﹤0.01% |
157,500
+85,800
| +120% | +$6.39M |
|
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.