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 | |
|---|---|---|---|---|---|---|
301
CALL
Cisco
CSCO
$438B
| $247M | 0.05% |
5,204,900
-1,421,000
| -21% | -$67.5M |
|
302
PUT
Shopify
SHOP
$192B
| $247M | 0.05% |
3,742,400
+48,400
| +1% | +$3.21M |
|
303
CALL
Northrop Grumman
NOC
$78.3B
| $246M | 0.05% |
563,500
-32,000
| -5% | -$14.6M |
|
304
CALL
KLA
KLAC
$240B
| $246M | 0.05% |
2,978,000
-910,000
| -23% | -$67.2M |
|
305
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $244M | 0.05% |
4,402,600
-1,077,800
| -20% | -$50.2M |
|
306
CALL
Danaher
DHR
$154B
| $243M | 0.05% |
973,300
+133,900
| +16% | +$33.8M |
|
307
CALL
Workday
WDAY
$49.4B
| $243M | 0.05% |
1,087,200
+130,800
| +14% | +$31.5M |
|
308
Salesforce
CRM
$171B
| $243M | 0.05% |
945,240
+502,569
| +114% | +$134M |
|
309
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $241M | 0.04% |
9,287,700
-1,198,000
| -11% | -$31.5M |
|
310
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $240M | 0.04% |
228,700
-17,800
| -7% | -$17.3M |
|
311
CALL
Newmont
NEM
$139B
| $240M | 0.04% |
5,722,500
-2,426,300
| -30% | -$99.2M |
|
312
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $239M | 0.04% |
2,235,700
-39,800
| -2% | -$4.25M |
|
313
PUT
Humana
HUM
$45.5B
| $238M | 0.04% |
637,400
-606,300
| -49% | -$205M |
|
314
PUT
United Parcel Service
UPS
$86.8B
| $237M | 0.04% |
1,732,800
-1,120,700
| -39% | -$160M |
|
315
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $237M | 0.04% |
1,443,300
+720,400
| +100% | +$118M |
|
316
CALL
S&P Global
SPGI
$127B
| $237M | 0.04% |
530,900
-47,300
| -8% | -$20.3M |
|
|
SCHW
317
CALL
Charles Schwab
SCHW
$194B
| $237M | 0.04% |
3,209,700
-550,700
| -15% | -$40.7M |
|
318
United Airlines
UAL
$36.7B
| $237M | 0.04% |
4,860,465
+3,837,635
| +375% | +$193M |
|
|
319
PUT
Cisco
CSCO
$438B
| $236M | 0.04% |
4,975,300
+503,100
| +11% | +$23.9M |
|
320
ServiceNow
NOW
$133B
| $235M | 0.04% |
1,496,435
+204,675
| +16% | +$30M |
|
321
PUT
Accenture
ACN
$113B
| $235M | 0.04% |
775,200
+135,800
| +21% | +$41.6M |
|
322
Advanced Micro Devices
AMD
$773B
| $233M | 0.04% |
1,435,494
-536,689
| -27% | -$86.3M |
|
323
PUT
Johnson & Johnson
JNJ
$651B
| $233M | 0.04% |
1,591,400
-987,500
| -38% | -$147M |
|
|
324
PUT
Newmont
NEM
$139B
| $232M | 0.04% |
5,544,900
-1,837,900
| -25% | -$75.2M |
|
|
325
PUT
KLA
KLAC
$240B
| $232M | 0.04% |
2,809,000
-1,222,000
| -30% | -$90.3M |
|
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.