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 | Miscellaneous | 93.3% |
| 2 | Technology | 1.97% |
| 3 | Financials | 0.89% |
| 4 | Consumer Discretionary | 0.83% |
| 5 | Healthcare | 0.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
Vanguard Morningstar Total Stock Market ETF
VTI
$687B
| $6.13M | ﹤0.01% |
+21,136
| New | +$6.17M |
|
3302
CALL
XP
XP
$8.96B
| $6.12M | ﹤0.01% |
516,800
-677,500
| -57% | -$10.7M |
|
3303
Universal Health Services
UHS
$10.1B
| $6.12M | ﹤0.01% |
34,117
-9,814
| -22% | -$2M |
|
3304
ProShares UltraPro Short QQQ
SQQQ
$1.82B
| $6.1M | ﹤0.01% |
39,194
+36,776
| +1,521% | +$6.14M |
|
3305
DaVita
DVA
$11.5B
| $6.1M | ﹤0.01% |
40,802
-86,127
| -68% | -$13.5M |
|
3306
CALL
BorgWarner
BWA
$13.1B
| $6.1M | ﹤0.01% |
191,900
-121,700
| -39% | -$4.14M |
|
3307
PUT
Uranium Energy
UEC
$6.14B
| $6.1M | ﹤0.01% |
911,700
+246,900
| +37% | +$1.89M |
|
3308
Immunovant
IMVT
$8.51B
| $6.08M | ﹤0.01% |
245,650
+50,343
| +26% | +$1.43M |
|
|
VRNA
3309
PUT
DELISTED
Verona Pharma
VRNA
| $6.08M | ﹤0.01% |
131,000
+9,800
| +8% | +$368K |
|
3310
Opendoor
OPEN
$3.19B
| $6.08M | ﹤0.01% |
3,924,853
-1,244,253
| -24% | -$2.25M |
|
3311
CALL
Scholar Rock
SRRK
$7.04B
| $6.08M | ﹤0.01% |
140,600
+5,400
| +4% | +$176K |
|
3312
CBIZ
CBZ
$2.96B
| $6.08M | ﹤0.01% |
74,245
+39,404
| +113% | +$2.95M |
|
|
DESP
3313
DELISTED
Despegar.com
DESP
| $6.07M | ﹤0.01% |
315,336
+225,781
| +252% | +$3.55M |
|
3314
PennyMac Financial
PFSI
$3.81B
| $6.06M | ﹤0.01% |
59,356
+49,882
| +527% | +$5.22M |
|
|
SMCX
3315
CALL
Defiance Daily Target 2X Long SMCI ETF
SMCX
$168M
| $6.06M | ﹤0.01% |
+77,100
| New | +$14.5M |
|
3316
PUT
Polaris
PII
$3.63B
| $6.06M | ﹤0.01% |
105,100
+24,100
| +30% | +$1.68M |
|
3317
PUT
Icahn Enterprises
IEP
$4.82B
| $6.05M | ﹤0.01% |
698,200
-303,100
| -30% | -$3.67M |
|
3318
iShares MSCI USA Value Factor ETF
VLUE
$9.77B
| $6.05M | ﹤0.01% |
57,244
+52,599
| +1,132% | +$5.79M |
|
3319
CALL
Casella Waste Systems
CWST
$5.96B
| $6.04M | ﹤0.01% |
57,100
+52,100
| +1,042% | +$5.5M |
|
3320
Kodak
KODK
$885M
| $6.03M | ﹤0.01% |
918,054
+876,079
| +2,087% | +$4.98M |
|
3321
CALL
Aurora
AUR
$11.7B
| $6.03M | ﹤0.01% |
957,300
+247,400
| +35% | +$1.55M |
|
3322
PUT
Hormel Foods
HRL
$11.9B
| $6.03M | ﹤0.01% |
192,200
-171,200
| -47% | -$5.37M |
|
3323
CALL
Piper Sandler
PIPR
$5.34B
| $6.03M | ﹤0.01% |
80,400
+23,200
| +41% | +$1.81M |
|
3324
CALL
PagSeguro Digital
PAGS
$2.45B
| $6.03M | ﹤0.01% |
962,900
+347,700
| +57% | +$2.67M |
|
3325
Reinsurance Group of America
RGA
$16B
| $6.03M | ﹤0.01% |
28,211
-18,713
| -40% | -$4.08M |
|
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's Q4 2024 filing shows 1,862 new, 5,386 increased, 4,790 reduced and 1,590 closed positions. Its largest new stake was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M. The largest sale was iShares 20+ Year Treasury Bond ETF, an estimated $1.26B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, down from 94% a quarter earlier, followed by Technology and Financials.
- 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 1,862 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.