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 | |
|---|---|---|---|---|---|---|
451
CALL
Synopsys
SNPS
$76.2B
| $184M | 0.03% |
379,600
+31,200
| +9% | +$16.3M |
|
452
CALL
Comcast
CMCSA
$95.3B
| $183M | 0.03% |
4,887,400
+507,700
| +12% | +$21.1M |
|
453
PUT
Progressive
PGR
$127B
| $183M | 0.03% |
763,700
+270,400
| +55% | +$68.1M |
|
454
PUT
Cloudflare
NET
$104B
| $183M | 0.03% |
1,698,600
+182,800
| +12% | +$17.9M |
|
455
CALL
RH
RH
$2.9B
| $183M | 0.03% |
463,900
-49,700
| -10% | -$17.7M |
|
456
PUT
Baidu
BIDU
$31.6B
| $182M | 0.03% |
2,160,800
-741,300
| -26% | -$67.7M |
|
457
CALL
Northrop Grumman
NOC
$78.3B
| $182M | 0.03% |
387,700
+600
| +0.2% | +$302K |
|
458
PUT
TJX Companies
TJX
$155B
| $182M | 0.03% |
1,503,500
+12,400
| +0.8% | +$1.48M |
|
459
CVS Health
CVS
$119B
| $181M | 0.03% |
4,040,567
+2,730,569
| +208% | +$153M |
|
460
PUT
Roku
ROKU
$23.4B
| $181M | 0.03% |
2,431,300
+718,200
| +42% | +$54.4M |
|
461
PUT
HubSpot
HUBS
$12B
| $180M | 0.03% |
258,100
+28,700
| +13% | +$18.5M |
|
462
CALL
CAVA Group
CAVA
$8.6B
| $179M | 0.03% |
1,589,100
-173,200
| -10% | -$23.1M |
|
463
CALL
American Airlines Group
AAL
$9.15B
| $179M | 0.03% |
10,259,600
-494,400
| -5% | -$7.11M |
|
464
CALL
Rocket Lab Corp
RKLB
$46.4B
| $179M | 0.03% |
7,016,100
+3,487,900
| +99% | +$61.2M |
|
465
PUT
Valero Energy
VLO
$100B
| $179M | 0.03% |
1,456,700
+107,700
| +8% | +$14.4M |
|
466
PUT
3M
MMM
$92.3B
| $178M | 0.03% |
1,382,500
-759,800
| -35% | -$99.7M |
|
467
CALL
Automatic Data Processing
ADP
$112B
| $178M | 0.03% |
606,600
+126,200
| +26% | +$37.3M |
|
468
CALL
Agnico Eagle Mines
AEM
$109B
| $176M | 0.03% |
2,253,700
-22,600
| -1% | -$1.86M |
|
469
CALL
ON Semiconductor
ON
$28.9B
| $176M | 0.03% |
2,790,300
+820,000
| +42% | +$56.5M |
|
470
PUT
Dollar General
DG
$27.2B
| $176M | 0.03% |
2,319,800
+156,100
| +7% | +$12.3M |
|
471
PUT
State Street SPDR S&P Retail ETF
XRT
$491M
| $174M | 0.03% |
2,191,000
-95,800
| -4% | -$7.59M |
|
472
CALL
Astera Labs
ALAB
$49.4B
| $174M | 0.03% |
1,310,500
+864,400
| +194% | +$81.1M |
|
473
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $173M | 0.03% |
430,800
+153,500
| +55% | +$71.2M |
|
474
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $173M | 0.03% |
304,300
+146,300
| +93% | +$85.8M |
|
475
PUT
Devon Energy
DVN
$54B
| $172M | 0.03% |
5,264,100
+1,522,900
| +41% | +$57.4M |
|
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.