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 | |
|---|---|---|---|---|---|---|
401
CALL
Wynn Resorts
WYNN
$10.3B
| $220M | 0.03% |
2,550,000
-1,093,200
| -30% | -$103M |
|
402
CALL
S&P Global
SPGI
$127B
| $219M | 0.03% |
440,400
-94,600
| -18% | -$48M |
|
403
CALL
Gilead Sciences
GILD
$181B
| $216M | 0.03% |
2,335,300
-335,200
| -13% | -$30.2M |
|
404
CALL
Trade Desk
TTD
$6.19B
| $215M | 0.03% |
1,831,100
-57,200
| -3% | -$7.08M |
|
405
PUT
Monolithic Power Systems
MPWR
$64.7B
| $214M | 0.03% |
362,000
+278,000
| +331% | +$201M |
|
406
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $214M | 0.03% |
2,723,700
-192,000
| -7% | -$15.6M |
|
407
CALL
United Rentals
URI
$68.4B
| $214M | 0.03% |
303,400
-15,200
| -5% | -$12.4M |
|
408
Chevron
CVX
$403B
| $211M | 0.03% |
1,456,706
+577,592
| +66% | +$88.4M |
|
409
CALL
Dollar Tree
DLTR
$25.3B
| $210M | 0.03% |
2,806,800
+1,558,900
| +125% | +$107M |
|
410
CALL
Philip Morris
PM
$293B
| $210M | 0.03% |
1,741,900
-32,600
| -2% | -$4.11M |
|
411
Walmart Inc
WMT
$825B
| $209M | 0.03% |
2,311,531
+1,635,930
| +242% | +$142M |
|
412
CALL
Marathon Digital Holdings
MARA
$4.35B
| $209M | 0.03% |
12,442,600
+3,263,000
| +36% | +$66M |
|
413
PUT
Delta Air Lines
DAL
$54.2B
| $208M | 0.03% |
3,433,500
+739,300
| +27% | +$43.7M |
|
|
414
PUT
Philip Morris
PM
$293B
| $207M | 0.03% |
1,722,600
+315,700
| +22% | +$39.8M |
|
415
CALL
Upstart Holdings
UPST
$2.95B
| $207M | 0.03% |
3,361,000
+1,307,000
| +64% | +$81.5M |
|
416
PUT
Abercrombie & Fitch
ANF
$4.84B
| $206M | 0.03% |
1,381,000
+490,100
| +55% | +$71.6M |
|
|
AXON
417
CALL
Axon Enterprise
AXON
$51B
| $204M | 0.03% |
343,400
+92,300
| +37% | +$50.2M |
|
418
PUT
General Motors
GM
$77.2B
| $203M | 0.03% |
3,803,900
-615,000
| -14% | -$32.2M |
|
419
CALL
C3.ai
AI
$1.6B
| $202M | 0.03% |
5,871,900
+2,133,100
| +57% | +$66.2M |
|
420
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $201M | 0.03% |
1,883,400
+749,500
| +66% | +$82M |
|
421
Johnson & Johnson
JNJ
$651B
| $201M | 0.03% |
1,390,993
+933,118
| +204% | +$145M |
|
422
CALL
Roku
ROKU
$23.4B
| $201M | 0.03% |
2,702,000
+510,300
| +23% | +$38.7M |
|
423
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $199M | 0.03% |
349,700
+41,100
| +13% | +$24.1M |
|
424
PUT
Hershey
HSY
$37.5B
| $199M | 0.03% |
1,176,000
+350,400
| +42% | +$62.8M |
|
425
CALL
GameStop
GME
$8.17B
| $199M | 0.03% |
6,337,900
+2,076,500
| +49% | +$53.3M |
|
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.