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 | |
|---|---|---|---|---|---|---|
326
PUT
Merck
MRK
$376B
| $229M | 0.04% |
1,845,900
-1,363,900
| -42% | -$176M |
|
327
Intel
INTC
$476B
| $228M | 0.04% |
7,349,671
-269,973
| -4% | -$8.85M |
|
328
PUT
RH
RH
$2.9B
| $225M | 0.04% |
919,600
+21,800
| +2% | +$5.73M |
|
329
CALL
3M
MMM
$92.3B
| $224M | 0.04% |
2,188,600
-1,745,044
| -44% | -$170M |
|
330
PUT
Dollar General
DG
$27.2B
| $223M | 0.04% |
1,686,800
-394,100
| -19% | -$55M |
|
331
PUT
Lowe's Companies
LOW
$121B
| $223M | 0.04% |
1,010,200
-39,200
| -4% | -$8.94M |
|
332
CALL
Alnylam Pharmaceuticals
ALNY
$31.6B
| $222M | 0.04% |
913,500
+122,600
| +16% | +$19.4M |
|
333
Netflix
NFLX
$331B
| $219M | 0.04% |
3,248,520
-1,867,970
| -37% | -$117M |
|
334
PUT
CVS Health
CVS
$119B
| $218M | 0.04% |
3,696,500
+341,900
| +10% | +$21.4M |
|
335
CALL
Intuitive Surgical
ISRG
$134B
| $217M | 0.04% |
488,400
-106,700
| -18% | -$42.5M |
|
336
PUT
Dollar Tree
DLTR
$25.3B
| $215M | 0.04% |
2,018,100
+466,200
| +30% | +$55M |
|
337
CALL
Elevance Health
ELV
$86.9B
| $215M | 0.04% |
396,500
+94,200
| +31% | +$49.8M |
|
338
CALL
ARK Innovation ETF
ARKK
$6.59B
| $214M | 0.04% |
4,868,500
-6,000
| -0.1% | -$268K |
|
339
CALL
Baidu
BIDU
$31.6B
| $214M | 0.04% |
2,472,000
+769,600
| +45% | +$77.3M |
|
340
CALL
Wynn Resorts
WYNN
$10.3B
| $214M | 0.04% |
2,388,500
-1,073,500
| -31% | -$103M |
|
341
CALL
Devon Energy
DVN
$54B
| $214M | 0.04% |
4,507,200
-1,975,100
| -30% | -$98.2M |
|
342
CALL
Robinhood
HOOD
$97.2B
| $213M | 0.04% |
9,395,100
+872,900
| +10% | +$17.1M |
|
343
CALL
iShares Core S&P 500 ETF
IVV
$893B
| $212M | 0.04% |
386,500
-89,700
| -19% | -$47.2M |
|
344
PUT
IBM
IBM
$222B
| $210M | 0.04% |
1,216,700
-1,040,500
| -46% | -$181M |
|
345
CALL
iShares Semiconductor ETF
SOXX
$42.4B
| $210M | 0.04% |
850,200
-318,200
| -27% | -$72.8M |
|
346
CALL
Delta Air Lines
DAL
$54.2B
| $208M | 0.04% |
4,375,600
-2,834,900
| -39% | -$141M |
|
347
PUT
Freeport-McMoran
FCX
$110B
| $207M | 0.04% |
4,265,700
+707,400
| +20% | +$35.6M |
|
|
NVO
348
PUT
Novo Nordisk
NVO
$207B
| $206M | 0.04% |
1,441,600
-451,100
| -24% | -$59.8M |
|
349
CALL
Cigna
CI
$73.3B
| $206M | 0.04% |
622,300
-208,800
| -25% | -$72M |
|
350
CALL
Analog Devices
ADI
$182B
| $204M | 0.04% |
894,200
-657,800
| -42% | -$140M |
|
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.