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 | |
|---|---|---|---|---|---|---|
276
CALL
AutoZone
AZO
$48.3B
| $345M | 0.05% |
107,800
-12,900
| -11% | -$40.8M |
|
277
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $343M | 0.05% |
1,955,900
+1,171,400
| +149% | +$212M |
|
278
PUT
Verizon
VZ
$205B
| $342M | 0.05% |
8,552,600
+507,100
| +6% | +$21.4M |
|
279
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $341M | 0.05% |
3,043,200
-764,000
| -20% | -$81.7M |
|
280
PUT
Lockheed Martin
LMT
$130B
| $341M | 0.05% |
700,900
+34,300
| +5% | +$18.7M |
|
281
PUT
Vistra
VST
$45.7B
| $340M | 0.05% |
2,465,800
+404,200
| +20% | +$56.1M |
|
282
CALL
Deere & Co
DE
$175B
| $339M | 0.05% |
800,200
+99,300
| +14% | +$41.8M |
|
283
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $337M | 0.05% |
3,154,900
+1,273,200
| +68% | +$139M |
|
284
CALL
Marriott International
MAR
$92.9B
| $336M | 0.05% |
1,205,100
+460,100
| +62% | +$126M |
|
285
PUT
RTX Corp
RTX
$283B
| $334M | 0.05% |
2,888,100
+1,054,700
| +58% | +$127M |
|
286
PUT
Occidental Petroleum
OXY
$61.3B
| $334M | 0.05% |
6,756,700
+200,400
| +3% | +$10.1M |
|
287
PUT
Texas Instruments
TXN
$241B
| $334M | 0.05% |
1,780,100
+213,300
| +14% | +$42.6M |
|
288
CALL
Newmont
NEM
$139B
| $333M | 0.05% |
8,955,000
+657,700
| +8% | +$30M |
|
289
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $333M | 0.05% |
14,773,500
+1,098,400
| +8% | +$29.4M |
|
290
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $330M | 0.05% |
7,839,200
-4,785,600
| -38% | -$222M |
|
291
CALL
On Holding
ONON
$10B
| $329M | 0.05% |
6,013,300
+1,072,300
| +22% | +$56.8M |
|
292
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $328M | 0.05% |
5,436,700
-5,026,200
| -48% | -$312M |
|
|
293
CALL
RTX Corp
RTX
$283B
| $328M | 0.05% |
2,834,900
-61,500
| -2% | -$7.43M |
|
294
PUT
Amgen
AMGN
$238B
| $325M | 0.05% |
1,245,900
-116,300
| -9% | -$34.5M |
|
|
295
CALL
Vistra
VST
$45.7B
| $319M | 0.05% |
2,317,000
-306,300
| -12% | -$42.5M |
|
296
JPMorgan Chase
JPM
$935B
| $319M | 0.05% |
1,331,000
+635,107
| +91% | +$148M |
|
297
CALL
SoFi Technologies
SOFI
$24.4B
| $317M | 0.05% |
20,597,900
+10,336,300
| +101% | +$134M |
|
298
iShares MSCI EAFE ETF
EFA
$80B
| $316M | 0.05% |
4,179,423
-3,077,889
| -42% | -$244M |
|
299
PUT
Humana
HUM
$45.5B
| $315M | 0.05% |
1,242,700
+74,500
| +6% | +$20M |
|
300
CALL
ConocoPhillips
COP
$162B
| $315M | 0.05% |
3,171,500
+1,075,000
| +51% | +$114M |
|
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.