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
|
+$3.62B |
| 2 |
NVIDIA
NVDA
|
+$2.91B |
| 3 |
Grayscale Bitcoin Trust
GBTC
|
+$841M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$614M |
| 5 |
Apple
AAPL
|
+$435M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$379M |
| 2 |
iShares China Large-Cap ETF
FXI
|
+$341M |
| 3 |
Kenvue
KVUE
|
+$281M |
| 4 |
Linde
LIN
|
+$273M |
| 5 |
DoorDash
DASH
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Consumer Discretionary | 1.26% |
| 3 | Financials | 0.68% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
PUT
Ulta Beauty
ULTA
$22.4B
| $316M | 0.05% |
603,800
-332,200
| -35% | -$172M |
|
277
PUT
PepsiCo
PEP
$196B
| $315M | 0.05% |
1,801,800
+448,700
| +33% | +$75.5M |
|
278
PUT
Amgen
AMGN
$238B
| $315M | 0.05% |
1,107,500
-147,900
| -12% | -$43.3M |
|
279
CALL
Thermo Fisher Scientific
TMO
$233B
| $315M | 0.05% |
541,200
-359,300
| -40% | -$202M |
|
280
PUT
RH
RH
$2.9B
| $313M | 0.05% |
897,800
+230,100
| +34% | +$62.7M |
|
281
Alphabet (Google) Class C
GOOG
$4.18T
| $312M | 0.05% |
2,052,406
-120,337
| -6% | -$17.4M |
|
282
GE Aerospace
GE
$361B
| $311M | 0.05% |
2,222,159
+1,248,439
| +128% | +$147M |
|
283
PUT
Coca-Cola
KO
$392B
| $311M | 0.05% |
5,079,400
-831,800
| -14% | -$50M |
|
284
Netflix
NFLX
$331B
| $311M | 0.05% |
5,116,490
+1,820,740
| +55% | +$103M |
|
285
PUT
Zscaler
ZS
$29.4B
| $310M | 0.05% |
1,610,600
+33,100
| +2% | +$7.41M |
|
286
iShares MSCI EAFE ETF
EFA
$80B
| $309M | 0.05% |
3,871,890
+425,146
| +12% | +$32.5M |
|
287
CALL
Analog Devices
ADI
$182B
| $307M | 0.05% |
1,552,000
+90,800
| +6% | +$17.5M |
|
288
CALL
CVS Health
CVS
$119B
| $304M | 0.05% |
3,808,000
-1,200,500
| -24% | -$91.7M |
|
289
PUT
Cigna
CI
$73.3B
| $302M | 0.05% |
832,600
+4,600
| +0.6% | +$1.51M |
|
|
290
CALL
Cigna
CI
$73.3B
| $302M | 0.05% |
831,100
-26,800
| -3% | -$8.82M |
|
291
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $301M | 0.05% |
5,994,800
-3,671,200
| -38% | -$181M |
|
292
CALL
Lowe's Companies
LOW
$121B
| $301M | 0.05% |
1,183,200
-494,100
| -29% | -$114M |
|
293
PUT
ConocoPhillips
COP
$162B
| $299M | 0.05% |
2,352,600
-161,300
| -6% | -$18.4M |
|
|
294
CALL
PepsiCo
PEP
$196B
| $298M | 0.05% |
1,703,200
+217,200
| +15% | +$36.6M |
|
295
CALL
Vertiv
VRT
$101B
| $297M | 0.05% |
3,631,800
+1,858,300
| +105% | +$117M |
|
296
CALL
Enphase Energy
ENPH
$5.1B
| $295M | 0.05% |
2,439,600
+38,300
| +2% | +$4.47M |
|
|
297
CALL
Zscaler
ZS
$29.4B
| $294M | 0.05% |
1,526,700
+280,000
| +22% | +$62.6M |
|
298
CALL
Newmont
NEM
$139B
| $292M | 0.05% |
8,148,800
+1,213,000
| +17% | +$41.8M |
|
299
CALL
Bristol-Myers Squibb
BMY
$137B
| $291M | 0.05% |
5,363,600
+225,500
| +4% | +$11.5M |
|
300
CALL
Arista Networks
ANET
$238B
| $290M | 0.05% |
3,997,600
+562,400
| +16% | +$37.9M |
|
Similar funds
Jeff Yass's Q1 2024 Portfolio in Review
As of Q1 2024, Jeff Yass held 13,901 positions worth $576B, up 9.6% from $525B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass's Q1 2024 filing shows 1,661 new, 4,870 increased, 5,404 reduced and 1,849 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B. The largest sale was State Street Financial Select Sector SPDR ETF, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q1 2024 buy was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $3.62B increase.
- Jeff Yass's biggest Q1 2024 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $379M.
- Jeff Yass fully exited WisdomTree Japan Hedged Equity Fund in Q1 2024, selling an estimated $34.5M.
- Jeff Yass's ten largest holdings make up 25% of its $576B portfolio in Q1 2024.
- Jeff Yass opened 1,661 new positions and closed 1,849 in Q1 2024.
- Jeff Yass's portfolio value rose 9.6% quarter-over-quarter to $576B.
Based on Susquehanna International Group's 13F filing for Q1 2024, filed 7 May 2024.