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 | |
|---|---|---|---|---|---|---|
3576
Delcath Systems
DCTH
$567M
| $5.04M | ﹤0.01% |
418,609
+343,194
| +455% | +$3.62M |
|
|
HIMX
3577
Himax Technologies
HIMX
$2.38B
| $5.04M | ﹤0.01% |
626,596
+377,218
| +151% | +$2.38M |
|
3578
Madrigal Pharmaceuticals
MDGL
$12.3B
| $5.04M | ﹤0.01% |
16,323
-1,884
| -10% | -$530K |
|
3579
PUT
ScottsMiracle-Gro
SMG
$3.52B
| $5.03M | ﹤0.01% |
75,800
-19,300
| -20% | -$1.53M |
|
3580
Pinnacle West Capital
PNW
$11.8B
| $5.03M | ﹤0.01% |
59,301
+11,410
| +24% | +$1.01M |
|
3581
PUT
H&R Block
HRB
$6.47B
| $5.03M | ﹤0.01% |
95,100
-31,600
| -25% | -$1.86M |
|
3582
CALL
Vanguard Russell 2000 ETF
VTWO
$17B
| $5.02M | ﹤0.01% |
56,200
-140,000
| -71% | -$12.9M |
|
3583
Group 1 Automotive
GPI
$3.15B
| $5.01M | ﹤0.01% |
11,896
+8,549
| +255% | +$3.38M |
|
3584
PUT
Regions Financial
RF
$25.8B
| $5.01M | ﹤0.01% |
212,900
-350,500
| -62% | -$8.66M |
|
3585
PUT
Unum
UNM
$14.7B
| $5M | ﹤0.01% |
68,500
+20,500
| +43% | +$1.41M |
|
3586
Ardelyx
ARDX
$984M
| $5M | ﹤0.01% |
986,443
-755,048
| -43% | -$4.17M |
|
3587
CALL
TripAdvisor
TRIP
$1.16B
| $5M | ﹤0.01% |
338,600
+80,500
| +31% | +$1.18M |
|
3588
CALL
Reinsurance Group of America
RGA
$16B
| $5M | ﹤0.01% |
23,400
+4,700
| +25% | +$1.02M |
|
3589
CALL
SiTime
SITM
$16.8B
| $5M | ﹤0.01% |
23,300
-27,100
| -54% | -$5.52M |
|
3590
Invesco S&P MidCap Quality ETF
XMHQ
$5.61B
| $5M | ﹤0.01% |
+50,745
| New | +$5.25M |
|
3591
CALL
Honda
HMC
$41.3B
| $4.99M | ﹤0.01% |
174,900
+127,600
| +270% | +$3.61M |
|
3592
CALL
CVR Energy
CVI
$4.2B
| $4.99M | ﹤0.01% |
266,400
+110,100
| +70% | +$2.23M |
|
3593
Teleflex
TFX
$5.92B
| $4.99M | ﹤0.01% |
28,036
+15,074
| +116% | +$3.1M |
|
3594
CALL
Energy Fuels
UUUU
$3.67B
| $4.99M | ﹤0.01% |
972,100
+846,800
| +676% | +$5.24M |
|
3595
PUT
Halozyme
HALO
$12B
| $4.99M | ﹤0.01% |
104,300
+25,500
| +32% | +$1.31M |
|
3596
CALL
SM Energy
SM
$8.71B
| $4.98M | ﹤0.01% |
128,400
+31,800
| +33% | +$1.34M |
|
3597
CALL
Pinnacle Financial Partners Inc
PNFP
$15.3B
| $4.98M | ﹤0.01% |
43,500
+4,000
| +10% | +$451K |
|
3598
KB Home
KBH
$3.36B
| $4.96M | ﹤0.01% |
75,469
+39,168
| +108% | +$3.05M |
|
3599
Banc of California
BANC
$2.95B
| $4.96M | ﹤0.01% |
320,662
+103,715
| +48% | +$1.64M |
|
3600
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$145M
| $4.96M | ﹤0.01% |
211,354
+105,345
| +99% | +$2.63M |
|
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.