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
|
+$1.41B |
| 2 |
Apple
AAPL
|
+$949M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$788M |
| 4 |
Microsoft
MSFT
|
+$654M |
| 5 |
Broadcom
AVGO
|
+$568M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.26B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$702M |
| 3 |
Tesla
TSLA
|
+$694M |
| 4 |
Micron Technology
MU
|
+$601M |
| 5 |
Strategy Inc
MSTR
|
+$512M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.97% |
| 2 | Financials | 0.89% |
| 3 | Consumer Discretionary | 0.83% |
| 4 | Healthcare | 0.75% |
| 5 | Communication Services | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
PUT
iShares Semiconductor ETF
SOXX
$41.3B
| $371M | 0.06% |
1,721,400
-78,900
| -4% | -$17.6M |
|
252
CALL
Vanguard Information Technology ETF
VGT
$145B
| $370M | 0.06% |
4,764,800
+880,800
| +23% | +$67.7M |
|
253
CALL
3M
MMM
$92.3B
| $370M | 0.06% |
2,863,300
-597,700
| -17% | -$78.4M |
|
254
PUT
Lowe's Companies
LOW
$121B
| $369M | 0.06% |
1,493,300
+38,900
| +3% | +$10.4M |
|
255
PUT
iShares Bitcoin Trust
IBIT
$57.7B
| $366M | 0.06% |
+6,901,100
| New | +$326M |
|
256
CALL
United States Oil Fund
USO
$2.24B
| $366M | 0.06% |
4,842,500
+1,079,000
| +29% | +$78.9M |
|
257
CALL
AT&T
T
$173B
| $365M | 0.06% |
16,019,600
-660,500
| -4% | -$14.9M |
|
258
PUT
Thermo Fisher Scientific
TMO
$233B
| $364M | 0.06% |
700,600
+145,100
| +26% | +$79.8M |
|
259
Flutter Entertainment
FLUT
$17.8B
| $364M | 0.06% |
1,409,029
+660,409
| +88% | +$167M |
|
260
PUT
Intuitive Surgical
ISRG
$134B
| $364M | 0.05% |
697,600
+39,900
| +6% | +$20.8M |
|
261
PUT
GE Aerospace
GE
$361B
| $363M | 0.05% |
2,178,500
-382,500
| -15% | -$68.3M |
|
262
PUT
Intuit
INTU
$100B
| $363M | 0.05% |
578,000
-80,100
| -12% | -$51.2M |
|
263
PUT
Honeywell
HON
$68.4B
| $363M | 0.05% |
1,705,451
+1,035,217
| +154% | +$216M |
|
264
CALL
Arista Networks
ANET
$238B
| $361M | 0.05% |
3,268,700
+29,500
| +0.9% | +$3.03M |
|
265
PUT
GE Vernova
GEV
$255B
| $360M | 0.05% |
1,095,700
+263,100
| +32% | +$82.2M |
|
266
PUT
Johnson & Johnson
JNJ
$651B
| $360M | 0.05% |
2,491,200
+567,100
| +29% | +$87.9M |
|
267
CALL
Coca-Cola
KO
$392B
| $359M | 0.05% |
5,773,900
-1,386,500
| -19% | -$90.5M |
|
268
CALL
Affirm
AFRM
$25.8B
| $358M | 0.05% |
5,884,500
+833,800
| +17% | +$46.3M |
|
269
CALL
Accenture
ACN
$113B
| $353M | 0.05% |
1,004,300
-228,700
| -19% | -$82.3M |
|
270
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $352M | 0.05% |
2,008,900
+225,900
| +13% | +$40.8M |
|
|
271
CALL
GE Vernova
GEV
$255B
| $352M | 0.05% |
1,069,700
-186,200
| -15% | -$58.2M |
|
272
CALL
Danaher
DHR
$154B
| $352M | 0.05% |
1,532,600
+71,500
| +5% | +$17.6M |
|
273
PUT
Shopify
SHOP
$192B
| $351M | 0.05% |
3,301,400
-1,429,200
| -30% | -$139M |
|
274
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $350M | 0.05% |
2,541,000
-19,700
| -0.8% | -$2.88M |
|
275
PUT
Datadog
DDOG
$84.6B
| $348M | 0.05% |
2,436,400
+269,100
| +12% | +$37M |
|
Similar funds
Jeff Yass's Q4 2024 Portfolio in Review
As of Q4 2024, Jeff Yass held 13,659 positions worth $663B, up 16% from $572B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jeff Yass deployed $61.2B of net new capital in Q4 2024, opening 1,863 new positions and adding to 5,386 existing holdings. Its largest new stake was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.8% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares 20+ Year Treasury Bond ETF, an estimated $1.26B trimmed.
- Jeff Yass's largest Q4 2024 buy was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M.
- Jeff Yass added most to Invesco QQQ Trust in Q4 2024, an estimated $1.41B increase.
- Jeff Yass's biggest Q4 2024 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $1.26B.
- Jeff Yass fully exited NextEra Energy 7.299% Corporate Units in Q4 2024, selling an estimated $112M.
- Jeff Yass's ten largest holdings make up 28% of its $663B portfolio in Q4 2024.
- Jeff Yass opened 1,863 new positions and closed 1,590 in Q4 2024.
- Jeff Yass's portfolio value rose 16% quarter-over-quarter to $663B.
Based on Susquehanna International Group's 13F filing for Q4 2024, filed 14 Feb 2025.