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 | |
|---|---|---|---|---|---|---|
476
CALL
Celsius Holdings
CELH
$8.86B
| $137M | 0.03% |
2,407,400
-1,032,300
| -30% | -$78M |
|
477
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $137M | 0.03% |
1,601,900
+1,078,900
| +206% | +$88.9M |
|
478
PUT
Northrop Grumman
NOC
$78B
| $137M | 0.03% |
314,500
-94,100
| -23% | -$43M |
|
479
PUT
Cigna
CI
$74.1B
| $137M | 0.03% |
414,500
-418,100
| -50% | -$144M |
|
480
PUT
Analog Devices
ADI
$181B
| $137M | 0.03% |
599,400
-17,800
| -3% | -$3.8M |
|
481
CALL
General Dynamics
GD
$104B
| $136M | 0.03% |
467,900
-11,400
| -2% | -$3.34M |
|
482
PUT
Marriott International
MAR
$93.9B
| $135M | 0.03% |
560,200
-97,800
| -15% | -$23.5M |
|
483
PUT
Abercrombie & Fitch
ANF
$4.99B
| $135M | 0.03% |
759,300
-66,300
| -8% | -$9.61M |
|
484
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.6B
| $135M | 0.03% |
2,565,485
+1,216,071
| +90% | +$69.7M |
|
485
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $134M | 0.03% |
268,300
-224,100
| -46% | -$108M |
|
486
American Airlines Group
AAL
$9.02B
| $134M | 0.03% |
11,828,543
+10,179,439
| +617% | +$134M |
|
487
Nu Holdings
NU
$71.3B
| $133M | 0.02% |
10,342,665
+828,469
| +9% | +$9.65M |
|
|
B
488
PUT
Barrick Mining
B
$79.3B
| $133M | 0.02% |
7,986,000
-1,270,000
| -14% | -$21.6M |
|
489
CALL
CAVA Group
CAVA
$8.4B
| $133M | 0.02% |
1,435,700
+63,700
| +5% | +$4.92M |
|
490
PUT
Lennar Class A
LEN
$21.2B
| $133M | 0.02% |
915,961
+170,961
| +23% | +$26M |
|
491
PUT
AT&T
T
$176B
| $133M | 0.02% |
6,943,500
-895,200
| -11% | -$15.6M |
|
492
Qualcomm
QCOM
$166B
| $132M | 0.02% |
662,197
-355,138
| -35% | -$67.1M |
|
493
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $131M | 0.02% |
1,714,200
-261,900
| -13% | -$20M |
|
494
PUT
Hershey
HSY
$38.2B
| $130M | 0.02% |
709,500
+180,000
| +34% | +$34.8M |
|
495
CALL
O'Reilly Automotive
ORLY
$73.4B
| $130M | 0.02% |
1,843,500
-568,500
| -24% | -$39.3M |
|
496
PUT
Vale
VALE
$64B
| $130M | 0.02% |
11,618,700
+2,478,700
| +27% | +$29.8M |
|
497
CALL
ON Semiconductor
ON
$28B
| $130M | 0.02% |
1,889,700
-259,900
| -12% | -$18.2M |
|
498
PUT
Honeywell
HON
$68.1B
| $129M | 0.02% |
643,072
+54,960
| +9% | +$10.5M |
|
499
CALL
Affirm
AFRM
$25.7B
| $129M | 0.02% |
4,283,700
-200,300
| -4% | -$6.42M |
|
500
PUT
Danaher
DHR
$151B
| $129M | 0.02% |
517,500
-549,700
| -52% | -$139M |
|
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.