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 | |
|---|---|---|---|---|---|---|
426
PUT
Capital One
COF
$134B
| $198M | 0.03% |
1,112,600
-524,900
| -32% | -$90.9M |
|
427
PUT
iShares US Home Construction ETF
ITB
$2.27B
| $198M | 0.03% |
1,918,200
+1,405,600
| +274% | +$167M |
|
428
CALL
Twilio
TWLO
$34.6B
| $197M | 0.03% |
1,822,800
+771,200
| +73% | +$70.5M |
|
429
PUT
Newmont
NEM
$139B
| $196M | 0.03% |
5,271,000
+250,300
| +5% | +$11.4M |
|
430
Costco
COST
$420B
| $196M | 0.03% |
213,532
-135,795
| -39% | -$126M |
|
431
CALL
GoDaddy
GDDY
$12.3B
| $194M | 0.03% |
982,700
+577,600
| +143% | +$106M |
|
432
PUT
Atlassian
TEAM
$43.5B
| $194M | 0.03% |
796,500
+166,900
| +27% | +$38.2M |
|
433
CALL
Altria Group
MO
$110B
| $194M | 0.03% |
3,700,600
+463,200
| +14% | +$24.7M |
|
434
CALL
Cloudflare
NET
$104B
| $193M | 0.03% |
1,791,000
+59,200
| +3% | +$5.78M |
|
435
PUT
ON Semiconductor
ON
$28.9B
| $192M | 0.03% |
3,052,800
+104,700
| +4% | +$7.21M |
|
436
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $192M | 0.03% |
7,270,249
+5,520,703
| +316% | +$154M |
|
437
CALL
2x Bitcoin ETF
BITX
$1.24B
| $192M | 0.03% |
3,708,400
+2,454,900
| +196% | +$113M |
|
438
CALL
TKO Group
TKO
$14.1B
| $192M | 0.03% |
1,348,600
+800,800
| +146% | +$105M |
|
439
Wells Fargo
WFC
$254B
| $191M | 0.03% |
2,724,037
+1,140,344
| +72% | +$77.9M |
|
440
PUT
AT&T
T
$173B
| $191M | 0.03% |
8,373,000
+1,982,900
| +31% | +$44.6M |
|
441
PUT
Linde
LIN
$225B
| $190M | 0.03% |
454,100
+142,000
| +45% | +$64.7M |
|
442
GE Vernova
GEV
$255B
| $190M | 0.03% |
576,459
+540,183
| +1,489% | +$169M |
|
443
PUT
On Holding
ONON
$10B
| $188M | 0.03% |
3,440,900
+1,064,500
| +45% | +$56.4M |
|
444
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $188M | 0.03% |
467,300
+155,300
| +50% | +$72M |
|
445
Mastercard
MA
$509B
| $188M | 0.03% |
357,045
+203,093
| +132% | +$105M |
|
|
SCHW
446
PUT
Charles Schwab
SCHW
$194B
| $187M | 0.03% |
2,526,000
-193,200
| -7% | -$14.5M |
|
447
PUT
Gilead Sciences
GILD
$181B
| $186M | 0.03% |
2,017,300
-66,600
| -3% | -$6M |
|
448
PUT
Freeport-McMoran
FCX
$110B
| $186M | 0.03% |
4,888,400
+691,500
| +16% | +$30.9M |
|
449
PUT
Synopsys
SNPS
$76.2B
| $186M | 0.03% |
383,200
-89,300
| -19% | -$46.7M |
|
450
CALL
General Dynamics
GD
$104B
| $186M | 0.03% |
705,400
+47,600
| +7% | +$13.7M |
|
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.