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 | |
|---|---|---|---|---|---|---|
2351
Weibo
WB
$1.72B
| $11.4M | ﹤0.01% |
1,208,945
+630,081
| +109% | +$6.4M |
|
2352
PUT
SL Green Realty
SLG
$4.1B
| $11.4M | ﹤0.01% |
198,400
-283,200
| -59% | -$17.9M |
|
|
AVB
2353
CALL
DELISTED
AvalonBay Communities
AVB
| $11.4M | ﹤0.01% |
53,300
+29,600
| +125% | +$6.43M |
|
2354
PUT
Exelixis
EXEL
$13.6B
| $11.4M | ﹤0.01% |
309,800
-118,100
| -28% | -$4.21M |
|
2355
Commault Systems
CVLT
$5.73B
| $11.4M | ﹤0.01% |
72,451
+53,355
| +279% | +$8.78M |
|
2356
Valley National Bancorp
VLY
$7.73B
| $11.4M | ﹤0.01% |
1,283,770
+802,867
| +167% | +$7.59M |
|
2357
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $11.4M | ﹤0.01% |
260,300
+123,647
| +90% | +$5.36M |
|
2358
CALL
iShares Select Dividend ETF
DVY
$23.9B
| $11.4M | ﹤0.01% |
84,900
+54,300
| +177% | +$7.28M |
|
2359
Chubb
CB
$132B
| $11.4M | ﹤0.01% |
37,729
-107,776
| -74% | -$29.9M |
|
2360
CALL
iShares S&P 500 Growth ETF
IVW
$77.1B
| $11.4M | ﹤0.01% |
122,500
+17,400
| +17% | +$1.75M |
|
2361
GFL Environmental
GFL
$14.7B
| $11.4M | ﹤0.01% |
+235,108
| New | +$10.7M |
|
2362
Fabrinet
FN
$15.1B
| $11.4M | ﹤0.01% |
57,488
+38,542
| +203% | +$8.41M |
|
2363
PUT
Zions Bancorporation
ZION
$9.97B
| $11.4M | ﹤0.01% |
227,700
-73,100
| -24% | -$3.94M |
|
2364
Bright Horizons
BFAM
$3.65B
| $11.4M | ﹤0.01% |
89,344
+37,852
| +74% | +$4.65M |
|
2365
PUT
New Oriental
EDU
$9.27B
| $11.3M | ﹤0.01% |
237,300
+141,300
| +147% | +$7.26M |
|
|
CNH
2366
CNH Industrial
CNH
$18.6B
| $11.3M | ﹤0.01% |
923,858
+254,260
| +38% | +$3.19M |
|
|
INFA
2367
DELISTED
Informatica
INFA
| $11.3M | ﹤0.01% |
649,238
+547,349
| +537% | +$12M |
|
2368
CALL
Pagaya Technologies
PGY
$1.9B
| $11.3M | ﹤0.01% |
1,079,400
-416,500
| -28% | -$4.62M |
|
|
MRP
2369
Millrose Properties Inc
MRP
$5.1B
| $11.3M | ﹤0.01% |
+426,632
| New | +$9.99M |
|
2370
PUT
Parsons
PSN
$5.24B
| $11.3M | ﹤0.01% |
190,800
+73,100
| +62% | +$5.29M |
|
|
CNH
2371
PUT
CNH Industrial
CNH
$18.6B
| $11.3M | ﹤0.01% |
919,500
+166,900
| +22% | +$2.09M |
|
2372
Aon
AON
$75.2B
| $11.3M | ﹤0.01% |
28,293
-59,545
| -68% | -$22.8M |
|
2373
Red Rock Resorts
RRR
$3.46B
| $11.3M | ﹤0.01% |
260,051
+134,476
| +107% | +$6.36M |
|
2374
CALL
McCormick & Company Non-Voting
MKC
$14.9B
| $11.3M | ﹤0.01% |
136,900
-96,100
| -41% | -$7.53M |
|
2375
CALL
Guidewire Software
GWRE
$16.8B
| $11.3M | ﹤0.01% |
60,100
-32,700
| -35% | -$6.36M |
|
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.