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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.62B |
| 2 |
NVIDIA
NVDA
|
+$2.91B |
| 3 |
Grayscale Bitcoin Trust
GBTC
|
+$841M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$614M |
| 5 |
Apple
AAPL
|
+$435M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$379M |
| 2 |
iShares China Large-Cap ETF
FXI
|
+$341M |
| 3 |
Kenvue
KVUE
|
+$281M |
| 4 |
Linde
LIN
|
+$273M |
| 5 |
DoorDash
DASH
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Consumer Discretionary | 1.26% |
| 3 | Financials | 0.68% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
Broadcom
AVGO
$1.75T
| $2.82B | 0.49% |
21,295,000
-1,518,000
| -7% | -$188M |
|
27
PUT
Netflix
NFLX
$331B
| $2.78B | 0.48% |
45,822,000
-11,562,000
| -20% | -$652M |
|
28
PUT
Costco
COST
$420B
| $2.75B | 0.48% |
3,759,400
+68,200
| +2% | +$48.7M |
|
29
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.75B | 0.48% |
18,072,900
-3,838,400
| -18% | -$554M |
|
30
PUT
Qualcomm
QCOM
$169B
| $2.6B | 0.45% |
15,365,400
+12,410,700
| +420% | +$1.92B |
|
|
31
CALL
Netflix
NFLX
$331B
| $2.59B | 0.45% |
42,647,000
-9,279,000
| -18% | -$523M |
|
32
CALL
TSMC
TSM
$2.17T
| $2.53B | 0.44% |
18,560,500
+12,948,400
| +231% | +$1.61B |
|
33
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.36B | 0.41% |
5,619,400
+984,100
| +21% | +$387M |
|
34
Invesco QQQ Trust
QQQ
$486B
| $2.34B | 0.41% |
5,280,543
+5,456
| +0.1% | +$2.34M |
|
35
PUT
Advanced Micro Devices
AMD
$773B
| $2.31B | 0.4% |
12,817,700
+284,200
| +2% | +$49.7M |
|
36
PUT
Strategy Inc
MSTR
$47.4B
| $2.27B | 0.4% |
13,344,000
+2,171,000
| +19% | +$198M |
|
37
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $2.27B | 0.39% |
23,945,100
-2,877,100
| -11% | -$272M |
|
38
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $2.22B | 0.39% |
28,559,700
-8,518,400
| -23% | -$658M |
|
|
39
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $2.12B | 0.37% |
22,390,000
-889,700
| -4% | -$84.2M |
|
40
Amazon
AMZN
$2.79T
| $2.08B | 0.36% |
11,503,798
+1,336,042
| +13% | +$223M |
|
41
Microsoft
MSFT
$3.59T
| $2.03B | 0.35% |
4,815,003
-595,792
| -11% | -$241M |
|
42
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $1.99B | 0.35% |
24,887,200
+90,400
| +0.4% | +$6.91M |
|
|
43
CALL
Costco
COST
$420B
| $1.97B | 0.34% |
2,695,100
+48,000
| +2% | +$34.3M |
|
|
44
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $1.96B | 0.34% |
12,880,000
+318,300
| +3% | +$45.9M |
|
45
CALL
SPDR Gold Trust
GLD
$152B
| $1.92B | 0.33% |
9,331,700
-2,200,100
| -19% | -$422M |
|
46
PUT
Booking.com
BKNG
$158B
| $1.85B | 0.32% |
12,775,000
-11,485,000
| -47% | -$1.64B |
|
|
47
iShares Russell 2000 ETF
IWM
$81.9B
| $1.82B | 0.32% |
8,645,643
+3,080,036
| +55% | +$614M |
|
48
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $1.8B | 0.31% |
30,965,000
+325,000
| +1% | +$16.6M |
|
49
CALL
Eli Lilly
LLY
$1.12T
| $1.77B | 0.31% |
2,281,100
+414,200
| +22% | +$295M |
|
|
50
PUT
TSMC
TSM
$2.17T
| $1.69B | 0.29% |
12,416,600
+6,444,100
| +108% | +$800M |
|
Similar funds
Jeff Yass's Q1 2024 Portfolio in Review
As of Q1 2024, Jeff Yass held 13,901 positions worth $576B, up 9.6% from $525B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass's Q1 2024 filing shows 1,661 new, 4,870 increased, 5,404 reduced and 1,849 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B. The largest sale was State Street Financial Select Sector SPDR ETF, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q1 2024 buy was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $3.62B increase.
- Jeff Yass's biggest Q1 2024 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $379M.
- Jeff Yass fully exited WisdomTree Japan Hedged Equity Fund in Q1 2024, selling an estimated $34.5M.
- Jeff Yass's ten largest holdings make up 25% of its $576B portfolio in Q1 2024.
- Jeff Yass opened 1,661 new positions and closed 1,849 in Q1 2024.
- Jeff Yass's portfolio value rose 9.6% quarter-over-quarter to $576B.
Based on Susquehanna International Group's 13F filing for Q1 2024, filed 7 May 2024.