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 |
Invesco QQQ Trust
QQQ
|
+$2.65B |
| 2 |
TSMC
TSM
|
+$1.25B |
| 3 |
Microsoft
MSFT
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$957M |
| 5 |
UnitedHealth
UNH
|
+$774M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$785M |
| 2 |
Broadcom
AVGO
|
+$635M |
| 3 |
Netflix
NFLX
|
+$580M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
KraneShares CSI China Internet ETF
KWEB
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.02% |
| 2 | Consumer Discretionary | 0.76% |
| 3 | Healthcare | 0.56% |
| 4 | Financials | 0.54% |
| 5 | Communication Services | 0.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $73.3B | 8.2% |
112,635,000
+59,681,900
| +113% | +$40.6B |
|
|
2
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $43.7B | 4.89% |
67,185,500
+16,718,700
| +33% | +$11.4B |
|
|
3
PUT
Invesco QQQ Trust
QQQ
$486B
| $21.5B | 2.41% |
37,263,000
+3,150,200
| +9% | +$1.91B |
|
|
4
CALL
Invesco QQQ Trust
QQQ
$486B
| $21.1B | 2.36% |
36,553,500
+4,907,300
| +16% | +$2.98B |
|
5
CALL
NVIDIA
NVDA
$5.2T
| $18.2B | 2.04% |
104,390,100
-4,007,700
| -4% | -$735M |
|
6
CALL
Tesla
TSLA
$1.43T
| $17B | 1.9% |
45,755,500
-1,619,000
| -3% | -$667M |
|
7
CALL
SPDR Gold Trust
GLD
$152B
| $12.8B | 1.43% |
29,660,600
-952,100
| -3% | -$426M |
|
|
8
CALL
Microsoft
MSFT
$3.59T
| $12.2B | 1.37% |
33,006,600
+14,776,200
| +81% | +$6.18B |
|
|
9
PUT
NVIDIA
NVDA
$5.2T
| $12.2B | 1.36% |
69,708,200
-8,014,000
| -10% | -$1.47B |
|
|
10
PUT
Tesla
TSLA
$1.43T
| $11.5B | 1.29% |
30,936,600
-4,113,600
| -12% | -$1.69B |
|
11
CALL
Meta Platforms (Facebook)
META
$1.4T
| $11.4B | 1.27% |
19,887,500
-3,854,800
| -16% | -$2.47B |
|
12
CALL
Apple
AAPL
$4.51T
| $10.1B | 1.13% |
39,612,200
-4,580,600
| -10% | -$1.19B |
|
13
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $9.05B | 1.01% |
36,500,300
+8,800
| +0% | +$2.27M |
|
|
14
PUT
Micron Technology
MU
$1.09T
| $7.21B | 0.81% |
21,332,200
+5,129,500
| +32% | +$2.01B |
|
|
15
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $6.92B | 0.78% |
10,645,680
+632,633
| +6% | +$430M |
|
|
16
CALL
Micron Technology
MU
$1.09T
| $6.86B | 0.77% |
20,303,900
+7,388,000
| +57% | +$2.89B |
|
17
CALL
Amazon
AMZN
$2.79T
| $6.58B | 0.74% |
31,584,300
-5,528,800
| -15% | -$1.22B |
|
|
18
CALL
TSMC
TSM
$2.17T
| $6.56B | 0.73% |
19,400,000
+3,719,400
| +24% | +$1.28B |
|
|
19
PUT
SPDR Gold Trust
GLD
$152B
| $6.29B | 0.7% |
14,620,000
+2,769,600
| +23% | +$1.24B |
|
|
20
PUT
Meta Platforms (Facebook)
META
$1.4T
| $5.96B | 0.67% |
10,408,600
-2,844,400
| -21% | -$1.82B |
|
|
21
CALL
Netflix
NFLX
$331B
| $5.63B | 0.63% |
58,527,600
+17,678,600
| +43% | +$1.56B |
|
|
22
PUT
Microsoft
MSFT
$3.59T
| $5.56B | 0.62% |
15,013,500
+3,863,400
| +35% | +$1.62B |
|
|
23
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $5.31B | 0.59% |
21,400,900
+2,184,500
| +11% | +$563M |
|
|
24
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $5.28B | 0.59% |
18,344,800
-4,223,000
| -19% | -$1.33B |
|
|
25
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $5.19B | 0.58% |
18,063,500
-2,168,400
| -11% | -$681M |
|
Similar funds
Jeff Yass's Q1 2026 Portfolio in Review
As of Q1 2026, Jeff Yass held 14,567 positions worth $893B, up 2.9% from $868B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $70.6B of net new capital in Q1 2026, opening 2,388 new positions and adding to 5,757 existing holdings. Its largest new stake was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was JPMorgan International Research Enhanced Equity ETF, an estimated $785M trimmed.
- Jeff Yass's largest Q1 2026 buy was Sunbelt Rentals Holdings: 830,625 shares worth $54.1M.
- Jeff Yass added most to Invesco QQQ Trust in Q1 2026, an estimated $2.65B increase.
- Jeff Yass's biggest Q1 2026 reduction was JPMorgan International Research Enhanced Equity ETF, cutting an estimated $785M.
- Jeff Yass fully exited Schwab International Equity ETF in Q1 2026, selling an estimated $147M.
- Jeff Yass's ten largest holdings make up 27% of its $893B portfolio in Q1 2026.
- Jeff Yass opened 2,388 new positions and closed 1,500 in Q1 2026.
- Jeff Yass's portfolio value rose 2.9% quarter-over-quarter to $893B.
Based on Susquehanna International Group's 13F filing for Q1 2026, filed 15 May 2026.