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 | |
|---|---|---|---|---|---|---|
301
CALL
Freeport-McMoran
FCX
$110B
| $314M | 0.05% |
8,248,400
-4,004,100
| -33% | -$179M |
|
302
PUT
DoorDash
DASH
$96.8B
| $309M | 0.05% |
1,843,000
+554,900
| +43% | +$91.2M |
|
303
CALL
Zoom
ZM
$31.5B
| $309M | 0.05% |
3,780,500
+738,600
| +24% | +$58.1M |
|
|
XYZ
304
PUT
Block Inc
XYZ
$49.4B
| $308M | 0.05% |
3,622,100
+418,100
| +13% | +$34.3M |
|
305
CALL
Bristol-Myers Squibb
BMY
$137B
| $308M | 0.05% |
5,436,900
-1,295,200
| -19% | -$72.4M |
|
306
PUT
United Rentals
URI
$68.4B
| $307M | 0.05% |
435,400
-2,000
| -0.5% | -$1.63M |
|
307
CALL
General Motors
GM
$77.2B
| $306M | 0.05% |
5,750,700
-363,700
| -6% | -$19M |
|
308
PUT
Constellation Energy
CEG
$96.7B
| $306M | 0.05% |
1,368,800
+33,100
| +2% | +$8.25M |
|
309
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $306M | 0.05% |
567,700
+214,200
| +61% | +$116M |
|
|
310
Strategy Inc
MSTR
$47.4B
| $305M | 0.05% |
1,054,513
-1,700,146
| -62% | -$512M |
|
311
CALL
Sea Limited
SE
$72B
| $303M | 0.05% |
2,853,300
+834,200
| +41% | +$87.7M |
|
312
PUT
CVS Health
CVS
$119B
| $302M | 0.05% |
6,722,000
+1,965,600
| +41% | +$110M |
|
313
PUT
SoFi Technologies
SOFI
$24.4B
| $301M | 0.05% |
19,542,600
+8,184,500
| +72% | +$106M |
|
314
CALL
Thermo Fisher Scientific
TMO
$233B
| $300M | 0.05% |
575,900
-177,200
| -24% | -$97.4M |
|
315
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $299M | 0.05% |
7,906,000
-2,491,200
| -24% | -$98.9M |
|
316
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $299M | 0.05% |
9,806,800
-2,331,400
| -19% | -$73.5M |
|
317
PUT
RH
RH
$2.9B
| $298M | 0.05% |
758,400
+78,900
| +12% | +$28.1M |
|
318
PUT
Reddit
RDDT
$29.5B
| $298M | 0.05% |
1,825,700
+1,093,400
| +149% | +$135M |
|
319
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $298M | 0.05% |
11,965,400
-553,200
| -4% | -$12.9M |
|
320
Netflix
NFLX
$331B
| $296M | 0.04% |
3,320,490
+1,776,290
| +115% | +$146M |
|
321
CALL
Royal Caribbean
RCL
$78.1B
| $295M | 0.04% |
1,279,600
-425,500
| -25% | -$94.2M |
|
|
322
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $294M | 0.04% |
11,791,300
-177,400
| -1% | -$4.15M |
|
323
CALL
Unity
U
$20.7B
| $293M | 0.04% |
13,032,500
+4,919,100
| +61% | +$109M |
|
324
CALL
Humana
HUM
$45.5B
| $291M | 0.04% |
1,148,100
+297,900
| +35% | +$79.9M |
|
325
PUT
Arista Networks
ANET
$238B
| $286M | 0.04% |
2,584,600
-260,200
| -9% | -$26.8M |
|
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.