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 | |
|---|---|---|---|---|---|---|
2451
Applied Industrial Technologies
AIT
$11.7B
| $10.7M | ﹤0.01% |
47,347
+19,838
| +72% | +$4.89M |
|
2452
PUT
Semtech
SMTC
$12.3B
| $10.7M | ﹤0.01% |
310,100
+237,900
| +330% | +$11.7M |
|
2453
CALL
Sprott Uranium Miners ETF
URNM
$2.1B
| $10.7M | ﹤0.01% |
328,500
+86,600
| +36% | +$3.29M |
|
2454
Wayfair
W
$14.2B
| $10.7M | ﹤0.01% |
332,699
+144,450
| +77% | +$6.01M |
|
2455
GoDaddy
GDDY
$12.3B
| $10.6M | ﹤0.01% |
59,105
-35,312
| -37% | -$6.75M |
|
2456
TripAdvisor
TRIP
$1.16B
| $10.6M | ﹤0.01% |
751,241
+465,853
| +163% | +$7.3M |
|
2457
CALL
Comstock Resources
CRK
$4.22B
| $10.6M | ﹤0.01% |
523,300
-325,300
| -38% | -$6.23M |
|
2458
Kenvue
KVUE
$36.9B
| $10.6M | ﹤0.01% |
443,576
-437,161
| -50% | -$9.68M |
|
2459
PUT
D-Wave Quantum Inc
QBTS
$6.26B
| $10.6M | ﹤0.01% |
1,398,700
-695,900
| -33% | -$4.67M |
|
|
VSXY
2460
CALL
Victoria's Secret
VSXY
$7.06B
| $10.6M | ﹤0.01% |
571,700
+230,700
| +68% | +$6.78M |
|
2461
CALL
Kaspi.kz JSC
KSPI
$20.2B
| $10.6M | ﹤0.01% |
114,300
+57,100
| +100% | +$5.6M |
|
2462
Equifax
EFX
$22.8B
| $10.6M | ﹤0.01% |
43,569
-15,061
| -26% | -$3.79M |
|
2463
PUT
CDW
CDW
$18.4B
| $10.6M | ﹤0.01% |
66,100
-39,600
| -37% | -$7.2M |
|
|
FISV
2464
Fiserv Inc
FISV
$28.3B
| $10.6M | ﹤0.01% |
47,902
-189,448
| -80% | -$41.5M |
|
2465
Vanguard Morningstar Value ETF
VTV
$192B
| $10.6M | ﹤0.01% |
61,236
+53,296
| +671% | +$9.29M |
|
2466
CALL
PACCAR
PCAR
$65.7B
| $10.6M | ﹤0.01% |
108,600
-268,800
| -71% | -$28.4M |
|
2467
CALL
Lucid Motors
LCID
$1.97B
| $10.5M | ﹤0.01% |
435,840
+17,780
| +4% | +$475K |
|
2468
CALL
Modine Manufacturing
MOD
$9.39B
| $10.5M | ﹤0.01% |
137,300
+25,000
| +22% | +$2.46M |
|
2469
CALL
Alerian MLP ETF
AMLP
$13.4B
| $10.5M | ﹤0.01% |
202,700
+37,300
| +23% | +$1.92M |
|
2470
CALL
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $10.5M | ﹤0.01% |
180,000
-20,600
| -10% | -$1.28M |
|
2471
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.96B
| $10.5M | ﹤0.01% |
74,780
-47,635
| -39% | -$7.95M |
|
2472
AeroVironment
AVAV
$7.48B
| $10.5M | ﹤0.01% |
88,037
+63,594
| +260% | +$9.77M |
|
|
PDCO
2473
CALL
DELISTED
Patterson Companies, Inc.
PDCO
| $10.5M | ﹤0.01% |
335,800
+117,400
| +54% | +$3.64M |
|
2474
CALL
Kinross Gold
KGC
$37.1B
| $10.5M | ﹤0.01% |
831,500
-369,400
| -31% | -$4.15M |
|
2475
CALL
Invesco Solar ETF
TAN
$1.26B
| $10.5M | ﹤0.01% |
344,100
-403,000
| -54% | -$13.5M |
|
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.