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 | |
|---|---|---|---|---|---|---|
401
CALL
Lennar Class A
LEN
$21.4B
| $173M | 0.03% |
1,191,359
-374,876
| -24% | -$57M |
|
402
DoorDash
DASH
$99B
| $173M | 0.03% |
1,588,727
+1,483,908
| +1,416% | +$179M |
|
403
McDonald's
MCD
$192B
| $173M | 0.03% |
677,314
+460,338
| +212% | +$122M |
|
404
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $172M | 0.03% |
1,887,200
-2,478,200
| -57% | -$220M |
|
405
CALL
Trade Desk
TTD
$6.23B
| $171M | 0.03% |
1,752,800
-562,700
| -24% | -$50.8M |
|
406
CALL
Ulta Beauty
ULTA
$23.1B
| $170M | 0.03% |
439,700
-198,800
| -31% | -$80.8M |
|
407
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$289M
| $170M | 0.03% |
1,441,100
+1,110,764
| +336% | +$162M |
|
408
CALL
NXP Semiconductors
NXPI
$55.3B
| $168M | 0.03% |
624,300
-102,800
| -14% | -$26.5M |
|
409
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $167M | 0.03% |
4,908,200
+352,000
| +8% | +$12.1M |
|
410
CALL
EOG Resources
EOG
$79.3B
| $167M | 0.03% |
1,328,100
-251,800
| -16% | -$32.3M |
|
411
CALL
Nucor
NUE
$56.8B
| $167M | 0.03% |
1,053,800
-173,700
| -14% | -$30.2M |
|
412
CALL
Apollo Global Management
APO
$78.6B
| $166M | 0.03% |
1,406,000
-202,900
| -13% | -$23M |
|
413
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $166M | 0.03% |
1,009,800
+574,600
| +132% | +$94.5M |
|
414
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $166M | 0.03% |
4,033,841
-2,711,129
| -40% | -$112M |
|
415
CALL
Best Buy
BBY
$18.5B
| $165M | 0.03% |
1,960,100
+844,700
| +76% | +$67.1M |
|
416
Bristol-Myers Squibb
BMY
$136B
| $165M | 0.03% |
3,968,165
+2,494,944
| +169% | +$112M |
|
417
PUT
KraneShares CSI China Internet ETF
KWEB
$5.21B
| $164M | 0.03% |
6,072,500
+2,088,700
| +52% | +$59.8M |
|
418
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.1B
| $161M | 0.03% |
1,105,300
-116,700
| -10% | -$16.7M |
|
419
CALL
Philip Morris
PM
$299B
| $160M | 0.03% |
1,582,800
-83,700
| -5% | -$8.18M |
|
420
CALL
McKesson
MCK
$101B
| $160M | 0.03% |
273,700
+74,500
| +37% | +$41.5M |
|
421
PUT
JD.com
JD
$39.6B
| $160M | 0.03% |
6,183,800
-3,792,600
| -38% | -$111M |
|
|
422
PUT
Best Buy
BBY
$18.5B
| $160M | 0.03% |
1,894,900
+675,500
| +55% | +$53.6M |
|
423
PUT
Estee Lauder
EL
$37.3B
| $159M | 0.03% |
1,495,700
-241,800
| -14% | -$31.7M |
|
424
PUT
Charter Communications
CHTR
$17.7B
| $158M | 0.03% |
528,700
-272,800
| -34% | -$74.5M |
|
425
CALL
iShares Gold Trust
IAU
$69.3B
| $156M | 0.03% |
3,545,200
+1,154,500
| +48% | +$51M |
|
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.