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 | |
|---|---|---|---|---|---|---|
2376
CALL
Bath & Body Works
BBWI
$3.93B
| $11.2M | ﹤0.01% |
370,500
-260,200
| -41% | -$9.21M |
|
2377
Maplebear
CART
$11.8B
| $11.2M | ﹤0.01% |
281,474
-605,279
| -68% | -$26.9M |
|
2378
Twilio
TWLO
$36.9B
| $11.2M | ﹤0.01% |
114,653
-280,506
| -71% | -$33.2M |
|
2379
iShares MSCI EAFE Value ETF
EFV
$31.7B
| $11.2M | ﹤0.01% |
+190,385
| New | +$10.8M |
|
2380
CALL
Logitech
LOGI
$14.2B
| $11.2M | ﹤0.01% |
132,900
-49,400
| -27% | -$4.65M |
|
2381
D.R. Horton
DHI
$41.3B
| $11.2M | ﹤0.01% |
88,160
-82,496
| -48% | -$11.1M |
|
2382
Royal Caribbean
RCL
$76.1B
| $11.2M | ﹤0.01% |
54,536
-55,604
| -50% | -$13.1M |
|
2383
CALL
HSBC
HSBC
$355B
| $11.2M | ﹤0.01% |
194,600
-118,000
| -38% | -$6.45M |
|
|
VSXY
2384
Victoria's Secret
VSXY
$7.13B
| $11.2M | ﹤0.01% |
601,458
+519,802
| +637% | +$15.3M |
|
2385
CALL
Weyerhaeuser
WY
$17.1B
| $11.2M | ﹤0.01% |
381,400
+238,600
| +167% | +$7.1M |
|
|
CTRA
2386
DELISTED
Coterra Energy
CTRA
| $11.2M | ﹤0.01% |
385,989
-340,268
| -47% | -$9.49M |
|
2387
PUT
Medpace
MEDP
$16.8B
| $11.2M | ﹤0.01% |
36,600
-2,100
| -5% | -$706K |
|
2388
Argan
AGX
$6.25B
| $11.1M | ﹤0.01% |
84,985
+47,402
| +126% | +$6.62M |
|
|
EA
2389
DELISTED
Electronic Arts
EA
| $11.1M | ﹤0.01% |
77,068
-75,101
| -49% | -$10.1M |
|
2390
CALL
Baxter International
BAX
$13.4B
| $11.1M | ﹤0.01% |
325,300
-43,800
| -12% | -$1.43M |
|
2391
CALL
ProShares Ultra Gold
UGL
$898M
| $11.1M | ﹤0.01% |
346,000
+126,800
| +58% | +$3.49M |
|
2392
PUT
Boston Beer
SAM
$1.91B
| $11.1M | ﹤0.01% |
46,600
-22,000
| -32% | -$5.36M |
|
|
EXAS
2393
PUT
DELISTED
Exact Sciences
EXAS
| $11.1M | ﹤0.01% |
257,000
-92,400
| -26% | -$4.68M |
|
2394
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$104M
| $11.1M | ﹤0.01% |
568,000
-200,400
| -26% | -$5.53M |
|
2395
CALL
Summit Therapeutics
SMMT
$11B
| $11.1M | ﹤0.01% |
574,800
+181,700
| +46% | +$3.65M |
|
2396
CALL
Arch Capital
ACGL
$33.9B
| $11.1M | ﹤0.01% |
115,200
+31,200
| +37% | +$2.88M |
|
2397
PUT
McCormick & Company Non-Voting
MKC
$14.9B
| $11.1M | ﹤0.01% |
134,600
-41,600
| -24% | -$3.26M |
|
2398
Liquidia Corp
LQDA
$6.11B
| $11.1M | ﹤0.01% |
750,787
+404,133
| +117% | +$5.89M |
|
|
STR
2399
DELISTED
Sitio Royalties
STR
| $11.1M | ﹤0.01% |
557,218
+465,653
| +509% | +$9.42M |
|
2400
ProShares Short VIX Short-Term Futures ETF
SVXY
$248M
| $11.1M | ﹤0.01% |
241,668
-7,865
| -3% | -$388K |
|
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.