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 | |
|---|---|---|---|---|---|---|
501
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $163M | 0.02% |
1,234,100
-452,500
| -27% | -$62.4M |
|
502
PUT
CAVA Group
CAVA
$8.6B
| $163M | 0.02% |
1,441,300
+232,100
| +19% | +$30.9M |
|
503
CALL
International Paper
IP
$22B
| $162M | 0.02% |
3,016,900
+143,800
| +5% | +$7.71M |
|
504
CALL
IonQ
IONQ
$18.2B
| $162M | 0.02% |
3,873,800
+2,526,200
| +187% | +$63.4M |
|
505
CALL
Cencora
COR
$60.7B
| $161M | 0.02% |
718,600
-83,300
| -10% | -$19.6M |
|
506
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $161M | 0.02% |
1,732,600
+793,800
| +85% | +$78.2M |
|
507
CALL
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.74B
| $161M | 0.02% |
7,284,000
+3,301,200
| +83% | +$79.7M |
|
508
PUT
Northrop Grumman
NOC
$78.3B
| $161M | 0.02% |
342,400
-33,600
| -9% | -$16.9M |
|
|
AXON
509
PUT
Axon Enterprise
AXON
$51B
| $161M | 0.02% |
270,100
+86,700
| +47% | +$47.2M |
|
510
CALL
Etsy
ETSY
$7.44B
| $160M | 0.02% |
3,025,800
+1,161,800
| +62% | +$61.9M |
|
511
PUT
Marathon Digital Holdings
MARA
$4.35B
| $160M | 0.02% |
9,524,700
+3,093,700
| +48% | +$62.6M |
|
512
Berkshire Hathaway Class A
BRK.A
$1.06T
| $159M | 0.02% |
234
+43
| +23% | +$29.8M |
|
513
Nike
NKE
$60.5B
| $159M | 0.02% |
2,099,778
+1,598,017
| +318% | +$126M |
|
514
PUT
TransDigm Group
TDG
$66.4B
| $158M | 0.02% |
124,500
+84,500
| +211% | +$111M |
|
515
Citigroup
C
$221B
| $158M | 0.02% |
2,238,671
-2,739,346
| -55% | -$185M |
|
516
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $157M | 0.02% |
5,917,500
+3,279,000
| +124% | +$91.5M |
|
517
PUT
Abbott
ABT
$202B
| $156M | 0.02% |
1,381,800
-165,500
| -11% | -$19.1M |
|
518
PUT
NextEra Energy
NEE
$174B
| $156M | 0.02% |
2,174,500
-1,236,200
| -36% | -$96M |
|
519
Boeing
BA
$169B
| $155M | 0.02% |
877,058
-1,821,146
| -67% | -$286M |
|
|
520
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $155M | 0.02% |
1,664,600
-238,400
| -13% | -$23.5M |
|
521
Intel
INTC
$476B
| $155M | 0.02% |
7,711,601
-2,155,755
| -22% | -$48.6M |
|
522
PUT
Teradyne
TER
$58.7B
| $155M | 0.02% |
1,227,700
+873,800
| +247% | +$103M |
|
523
Alibaba
BABA
$286B
| $154M | 0.02% |
1,817,149
+1,318,042
| +264% | +$125M |
|
|
X
524
CALL
DELISTED
US Steel
X
| $154M | 0.02% |
4,530,700
+1,356,000
| +43% | +$50M |
|
|
DOCU
525
CALL
DocuSign
DOCU
$11.8B
| $154M | 0.02% |
1,710,500
+141,000
| +9% | +$11.3M |
|
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.