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 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$521M |
| 2 |
Nike
NKE
|
+$509M |
| 3 |
Micron Technology
MU
|
+$439M |
| 4 |
Super Micro Computer
SMCI
|
+$435M |
| 5 |
Broadcom
AVGO
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$5.31B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.89B |
| 3 |
Amazon
AMZN
|
+$1.48B |
| 4 |
Microsoft
MSFT
|
+$1.07B |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.03% |
| 3 | Financials | 0.75% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Eli Lilly
LLY
$1.12T
| $307M | 0.06% |
338,880
+115,617
| +52% | +$92.5M |
|
|
XYZ
252
CALL
Block Inc
XYZ
$49.4B
| $303M | 0.06% |
4,700,100
-2,224,300
| -32% | -$156M |
|
253
CALL
AutoZone
AZO
$48.3B
| $303M | 0.06% |
102,100
-22,300
| -18% | -$65.3M |
|
254
PUT
T-Mobile US
TMUS
$196B
| $301M | 0.06% |
1,707,900
-627,500
| -27% | -$105M |
|
255
CALL
Blackrock
BLK
$179B
| $301M | 0.06% |
382,000
-97,300
| -20% | -$75.9M |
|
256
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $301M | 0.06% |
2,062,300
-727,400
| -26% | -$104M |
|
257
PUT
Verizon
VZ
$205B
| $299M | 0.06% |
7,245,000
-905,400
| -11% | -$36.5M |
|
258
PUT
Zscaler
ZS
$29.4B
| $298M | 0.06% |
1,548,000
-62,600
| -4% | -$11.1M |
|
259
PUT
American Express
AXP
$227B
| $296M | 0.06% |
1,278,300
-305,400
| -19% | -$70.7M |
|
260
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $296M | 0.06% |
6,019,900
+25,100
| +0.4% | +$1.21M |
|
261
CALL
AT&T
T
$173B
| $295M | 0.05% |
15,436,200
+1,251,100
| +9% | +$21.8M |
|
|
262
CALL
Zscaler
ZS
$29.4B
| $293M | 0.05% |
1,525,700
-1,000
| -0.1% | -$178K |
|
263
PUT
Airbnb
ABNB
$110B
| $286M | 0.05% |
1,887,000
+189,000
| +11% | +$28.9M |
|
264
CALL
Moderna
MRNA
$57.9B
| $281M | 0.05% |
2,362,800
-345,500
| -13% | -$43.7M |
|
265
PUT
iShares Core S&P 500 ETF
IVV
$893B
| $280M | 0.05% |
511,300
+240,700
| +89% | +$127M |
|
266
CALL
Arista Networks
ANET
$238B
| $279M | 0.05% |
3,181,200
-816,400
| -20% | -$60.7M |
|
267
PUT
AbbVie
ABBV
$468B
| $278M | 0.05% |
1,622,300
-247,800
| -13% | -$41M |
|
268
PUT
iShares Silver Trust
SLV
$33.8B
| $278M | 0.05% |
10,469,000
+4,385,300
| +72% | +$115M |
|
269
CALL
Deere & Co
DE
$175B
| $277M | 0.05% |
740,100
-260,800
| -26% | -$102M |
|
270
Chipotle Mexican Grill
CMG
$46.7B
| $276M | 0.05% |
4,398,866
+1,462,966
| +50% | +$90.9M |
|
271
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $273M | 0.05% |
5,992,392
+3,162,270
| +112% | +$147M |
|
272
PUT
United States Oil Fund
USO
$2.1B
| $273M | 0.05% |
3,424,400
-2,336,600
| -41% | -$181M |
|
273
CALL
KraneShares CSI China Internet ETF
KWEB
$5.27B
| $267M | 0.05% |
9,896,600
-7,774,400
| -44% | -$223M |
|
274
CALL
Royal Caribbean
RCL
$78.1B
| $267M | 0.05% |
1,671,800
-351,600
| -17% | -$50.6M |
|
275
CALL
NextEra Energy
NEE
$174B
| $266M | 0.05% |
3,754,000
-402,400
| -10% | -$28.6M |
|
Similar funds
Jeff Yass's Q2 2024 Portfolio in Review
As of Q2 2024, Jeff Yass held 13,638 positions worth $537B, down 6.7% from $576B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass withdrew a net $65.7B in Q2 2024, closing 1,726 positions and reducing 5,607 holdings. Its most notable exit was iShares MSCI USA Quality Factor ETF, an estimated $26.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in NextEra Energy 7.299% Corporate Units worth $127M.
- Jeff Yass's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 2,575,000 shares worth $127M.
- Jeff Yass added most to Vanguard FTSE Developed Markets ETF in Q2 2024, an estimated $521M increase.
- Jeff Yass's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $5.31B.
- Jeff Yass fully exited iShares MSCI USA Quality Factor ETF in Q2 2024, selling an estimated $26.2M.
- Jeff Yass's ten largest holdings make up 26% of its $537B portfolio in Q2 2024.
- Jeff Yass opened 1,591 new positions and closed 1,726 in Q2 2024.
- Jeff Yass's portfolio value fell 6.7% quarter-over-quarter to $537B.
Based on Susquehanna International Group's 13F filing for Q2 2024, filed 15 Aug 2024.