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 | |
|---|---|---|---|---|---|---|
326
ExxonMobil
XOM
$679B
| $285M | 0.04% |
2,646,581
+1,475,716
| +126% | +$173M |
|
327
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $285M | 0.04% |
3,159,500
+189,700
| +6% | +$18.4M |
|
328
CALL
PepsiCo
PEP
$196B
| $281M | 0.04% |
1,850,900
+537,300
| +41% | +$88M |
|
329
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $280M | 0.04% |
393,500
-106,600
| -21% | -$89.5M |
|
330
Adobe
ADBE
$109B
| $279M | 0.04% |
628,376
+116,317
| +23% | +$57.6M |
|
331
CALL
Linde
LIN
$225B
| $275M | 0.04% |
657,700
+218,100
| +50% | +$99.4M |
|
332
Uber
UBER
$161B
| $275M | 0.04% |
4,563,395
+4,224,693
| +1,247% | +$302M |
|
333
CALL
Workday
WDAY
$49.4B
| $275M | 0.04% |
1,066,200
+179,600
| +20% | +$45.9M |
|
334
CALL
NextEra Energy
NEE
$174B
| $275M | 0.04% |
3,830,100
-656,900
| -15% | -$51M |
|
|
335
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $271M | 0.04% |
3,101,637
-13,651,319
| -81% | -$1.26B |
|
336
PUT
iShares Silver Trust
SLV
$33.8B
| $270M | 0.04% |
10,252,900
+5,023,200
| +96% | +$144M |
|
337
PUT
United Parcel Service
UPS
$86.8B
| $269M | 0.04% |
2,137,100
+367,100
| +21% | +$48.3M |
|
338
CALL
Amgen
AMGN
$238B
| $269M | 0.04% |
1,033,700
-409,900
| -28% | -$122M |
|
339
CALL
ProShares UltraPro Short QQQ
SQQQ
$2.07B
| $268M | 0.04% |
1,724,240
+1,401,456
| +434% | +$234M |
|
|
X
340
PUT
DELISTED
US Steel
X
| $268M | 0.04% |
7,894,200
+3,335,100
| +73% | +$123M |
|
|
341
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $265M | 0.04% |
371,900
+72,700
| +24% | +$61M |
|
342
CALL
Roblox
RBLX
$27.4B
| $262M | 0.04% |
4,525,800
+507,500
| +13% | +$25.5M |
|
343
CALL
Hilton Worldwide
HLT
$73.5B
| $262M | 0.04% |
1,058,500
-146,800
| -12% | -$35.9M |
|
344
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $260M | 0.04% |
5,379,286
+2,434,410
| +83% | +$118M |
|
345
CALL
Moderna
MRNA
$57.9B
| $260M | 0.04% |
6,248,200
+3,858,800
| +161% | +$184M |
|
346
CALL
ARK Innovation ETF
ARKK
$6.72B
| $259M | 0.04% |
4,556,500
+1,263,500
| +38% | +$67.7M |
|
347
CALL
Zscaler
ZS
$29.4B
| $257M | 0.04% |
1,424,500
+46,200
| +3% | +$8.94M |
|
348
PUT
ConocoPhillips
COP
$162B
| $257M | 0.04% |
2,590,100
+407,100
| +19% | +$43.2M |
|
349
PUT
Altria Group
MO
$110B
| $256M | 0.04% |
4,895,100
+1,653,000
| +51% | +$88.1M |
|
|
350
PUT
Zscaler
ZS
$29.4B
| $255M | 0.04% |
1,415,800
+210,100
| +17% | +$40.7M |
|
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.