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 | |
|---|---|---|---|---|---|---|
301
CALL
Moderna
MRNA
$57.9B
| $289M | 0.05% |
2,708,300
-624,800
| -19% | -$63M |
|
302
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$121M
| $285M | 0.05% |
3,641,200
-1,082,000
| -23% | -$66M |
|
303
CALL
Celsius Holdings
CELH
$8.44B
| $285M | 0.05% |
3,439,700
+20,100
| +0.6% | +$1.38M |
|
304
PUT
Shopify
SHOP
$192B
| $285M | 0.05% |
3,694,000
-2,913,900
| -44% | -$230M |
|
305
CALL
Northrop Grumman
NOC
$78.3B
| $285M | 0.05% |
595,500
-18,000
| -3% | -$8.29M |
|
|
306
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $284M | 0.05% |
6,744,970
-9,605,061
| -59% | -$379M |
|
307
PUT
Datadog
DDOG
$84.6B
| $283M | 0.05% |
2,290,600
+199,100
| +10% | +$25M |
|
308
PUT
3M
MMM
$92.3B
| $283M | 0.05% |
3,191,646
+1,612,926
| +102% | +$134M |
|
309
PUT
Enphase Energy
ENPH
$5.1B
| $282M | 0.05% |
2,334,700
+203,200
| +10% | +$23.7M |
|
|
310
PUT
DoorDash
DASH
$96.8B
| $282M | 0.05% |
2,049,400
+2,200
| +0.1% | +$259K |
|
311
PUT
KLA
KLAC
$240B
| $282M | 0.05% |
4,031,000
-2,652,000
| -40% | -$170M |
|
312
CALL
Royal Caribbean
RCL
$78.1B
| $281M | 0.05% |
2,023,400
-796,900
| -28% | -$99.5M |
|
313
PUT
Airbnb
ABNB
$110B
| $280M | 0.05% |
1,698,000
-700,700
| -29% | -$106M |
|
314
CALL
Union Pacific
UNP
$183B
| $278M | 0.05% |
1,129,100
-645,100
| -36% | -$159M |
|
315
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $277M | 0.05% |
2,202,088
+1,738,909
| +375% | +$205M |
|
316
CALL
Dell
DELL
$286B
| $275M | 0.05% |
2,410,400
+1,156,800
| +92% | +$108M |
|
317
PUT
JD.com
JD
$39.7B
| $273M | 0.05% |
9,976,400
+2,704,300
| +37% | +$66.2M |
|
|
SCHW
318
CALL
Charles Schwab
SCHW
$194B
| $272M | 0.05% |
3,760,400
-1,532,900
| -29% | -$101M |
|
|
319
CALL
KLA
KLAC
$240B
| $272M | 0.05% |
3,888,000
-2,241,000
| -37% | -$144M |
|
320
PUT
Blackrock
BLK
$179B
| $268M | 0.05% |
321,900
+43,800
| +16% | +$35.2M |
|
321
CALL
Dick's Sporting Goods
DKS
$16.4B
| $268M | 0.05% |
1,193,100
+160,400
| +16% | +$27.4M |
|
322
PUT
Estee Lauder
EL
$36.9B
| $268M | 0.05% |
1,737,500
+574,000
| +49% | +$81.4M |
|
323
PUT
CVS Health
CVS
$119B
| $268M | 0.05% |
3,354,600
+1,108,600
| +49% | +$84.7M |
|
324
PUT
Lowe's Companies
LOW
$121B
| $267M | 0.05% |
1,049,400
+171,900
| +20% | +$39.5M |
|
325
PUT
Danaher
DHR
$154B
| $267M | 0.05% |
1,067,200
+228,700
| +27% | +$55.8M |
|
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.