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 | |
|---|---|---|---|---|---|---|
2301
Kinder Morgan
KMI
$70.2B
| $11.9M | ﹤0.01% |
418,230
-585,035
| -58% | -$16.2M |
|
2302
PUT
PTC
PTC
$17.2B
| $11.9M | ﹤0.01% |
77,000
+32,500
| +73% | +$5.59M |
|
2303
Dominion Energy
D
$58.5B
| $11.9M | ﹤0.01% |
212,549
-163,618
| -43% | -$9M |
|
2304
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $11.9M | ﹤0.01% |
+100,838
| New | +$11.7M |
|
2305
PUT
Carpenter Technology
CRS
$24.3B
| $11.9M | ﹤0.01% |
65,700
-102,300
| -61% | -$19.7M |
|
|
SMC
2306
Summit Midstream
SMC
$467M
| $11.9M | ﹤0.01% |
350,412
+172,107
| +97% | +$6.92M |
|
|
VTLE
2307
DELISTED
Vital Energy
VTLE
| $11.9M | ﹤0.01% |
559,505
+386,554
| +224% | +$11.2M |
|
2308
iShares US Aerospace & Defense ETF
ITA
$14B
| $11.9M | ﹤0.01% |
77,492
+71,558
| +1,206% | +$10.9M |
|
2309
MGM Resorts International
MGM
$10.8B
| $11.9M | ﹤0.01% |
399,985
+157,404
| +65% | +$5.29M |
|
2310
CALL
Magnolia Oil & Gas
MGY
$6.32B
| $11.8M | ﹤0.01% |
+469,100
| New | +$11.4M |
|
|
HES
2311
DELISTED
Hess
HES
| $11.8M | ﹤0.01% |
74,133
-210,114
| -74% | -$30.9M |
|
2312
CALL
Clean Harbors
CLH
$16.5B
| $11.8M | ﹤0.01% |
60,000
+47,900
| +396% | +$10.5M |
|
2313
CALL
iShares MSCI Germany ETF
EWG
$1.74B
| $11.8M | ﹤0.01% |
318,800
+4,800
| +2% | +$171K |
|
2314
RH
RH
$2.74B
| $11.8M | ﹤0.01% |
50,313
+31,211
| +163% | +$10.8M |
|
2315
Fortinet
FTNT
$127B
| $11.8M | ﹤0.01% |
122,298
-114,695
| -48% | -$11.6M |
|
2316
CALL
Vanguard Morningstar Small-Cap ETF
VB
$82.2B
| $11.8M | ﹤0.01% |
53,000
-13,000
| -20% | -$3.1M |
|
2317
CALL
ProShares Short S&P500
SH
$824M
| $11.8M | ﹤0.01% |
263,700
+155,700
| +144% | +$6.63M |
|
2318
Core Scientific
CORZ
$5.66B
| $11.7M | ﹤0.01% |
1,622,314
+1,277,635
| +371% | +$14.5M |
|
2319
PUT
GFL Environmental
GFL
$14.8B
| $11.7M | ﹤0.01% |
243,000
+187,300
| +336% | +$8.49M |
|
2320
CALL
Boston Beer
SAM
$1.88B
| $11.7M | ﹤0.01% |
49,100
+8,900
| +22% | +$2.17M |
|
2321
HCA Healthcare
HCA
$90.8B
| $11.7M | ﹤0.01% |
33,912
-105,343
| -76% | -$33.9M |
|
2322
PUT
Broadridge
BR
$20.9B
| $11.7M | ﹤0.01% |
48,300
+41,100
| +571% | +$9.67M |
|
2323
CALL
CRISPR Therapeutics
CRSP
$5.74B
| $11.7M | ﹤0.01% |
343,400
+178,100
| +108% | +$7.55M |
|
2324
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$250M
| $11.7M | ﹤0.01% |
255,100
-114,000
| -31% | -$5.62M |
|
2325
AXIS Capital
AXS
$7.23B
| $11.7M | ﹤0.01% |
116,261
+36,120
| +45% | +$3.33M |
|
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.