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 | |
|---|---|---|---|---|---|---|
2401
PUT
Viatris
VTRS
$19.1B
| $11M | ﹤0.01% |
1,268,600
+812,400
| +178% | +$8.53M |
|
2402
CALL
InMode
INMD
$857M
| $11M | ﹤0.01% |
622,300
+183,500
| +42% | +$3.3M |
|
|
PTIR
2403
CALL
GraniteShares 2x Long PLTR Daily ETF
PTIR
$392M
| $11M | ﹤0.01% |
+1,243,500
| New | +$13.5M |
|
2404
CBRE Group
CBRE
$43.5B
| $11M | ﹤0.01% |
84,137
-28,982
| -26% | -$3.94M |
|
2405
Altria Group
MO
$114B
| $11M | ﹤0.01% |
183,266
-929,606
| -84% | -$50.8M |
|
2406
ADT
ADT
$5.51B
| $11M | ﹤0.01% |
1,350,947
+779,595
| +136% | +$5.88M |
|
2407
Ally Financial
ALLY
$12.9B
| $11M | ﹤0.01% |
301,488
+218,512
| +263% | +$8.05M |
|
|
FBMS
2408
DELISTED
The First Bancshares, Inc.
FBMS
| $11M | ﹤0.01% |
325,182
-51,367
| -14% | -$1.84M |
|
2409
CALL
QuantumScape Corp
QS
$3.57B
| $11M | ﹤0.01% |
2,639,200
-296,400
| -10% | -$1.47M |
|
2410
CALL
Sony
SONY
$146B
| $11M | ﹤0.01% |
432,300
-771,700
| -64% | -$17.8M |
|
2411
CALL
ResMed
RMD
$34.5B
| $11M | ﹤0.01% |
49,000
-27,500
| -36% | -$6.42M |
|
2412
PUT
Carrier Global
CARR
$47.8B
| $11M | ﹤0.01% |
173,000
-33,700
| -16% | -$2.24M |
|
|
GAP
2413
The Gap Inc
GAP
$8.54B
| $11M | ﹤0.01% |
531,306
+400,149
| +305% | +$9M |
|
2414
CALL
Finance of America Companies
FOA
$172M
| $10.9M | ﹤0.01% |
513,800
+76,900
| +18% | +$1.88M |
|
2415
CALL
Box
BOX
$4.93B
| $10.9M | ﹤0.01% |
353,700
+27,100
| +8% | +$878K |
|
2416
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$102M
| $10.9M | ﹤0.01% |
275,700
+145,800
| +112% | +$7.53M |
|
2417
iShares S&P 500 Value ETF
IVE
$50.3B
| $10.9M | ﹤0.01% |
57,245
+38,257
| +201% | +$7.4M |
|
2418
CALL
FIVE9
FIVN
$2.58B
| $10.9M | ﹤0.01% |
401,800
+45,500
| +13% | +$1.67M |
|
2419
Herc Holdings
HRI
$5.04B
| $10.9M | ﹤0.01% |
81,210
+28,985
| +56% | +$4.94M |
|
2420
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $10.9M | ﹤0.01% |
190,800
-14,800
| -7% | -$862K |
|
2421
CALL
Eagle Materials
EXP
$6.02B
| $10.9M | ﹤0.01% |
49,100
+27,600
| +128% | +$6.54M |
|
2422
CALL
Tidewater
TDW
$4.62B
| $10.9M | ﹤0.01% |
257,600
+23,900
| +10% | +$1.19M |
|
2423
PUT
Ascendis Pharma A/S
ASND
$16.3B
| $10.9M | ﹤0.01% |
69,800
+22,000
| +46% | +$3.14M |
|
2424
Huntington Bancshares
HBAN
$34.2B
| $10.9M | ﹤0.01% |
724,396
-215,694
| -23% | -$3.48M |
|
2425
Transocean
RIG
$6.47B
| $10.9M | ﹤0.01% |
3,427,175
-1,026,969
| -23% | -$3.6M |
|
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.