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 | |
|---|---|---|---|---|---|---|
526
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $119M | 0.02% |
1,175,600
-157,500
| -12% | -$16.5M |
|
527
CALL
GameStop
GME
$8.09B
| $119M | 0.02% |
4,805,000
+2,171,400
| +82% | +$43M |
|
528
CALL
Phillips 66
PSX
$96.5B
| $118M | 0.02% |
839,200
-179,900
| -18% | -$26.6M |
|
529
Kenvue
KVUE
$37.3B
| $118M | 0.02% |
6,511,744
+4,743,168
| +268% | +$91.9M |
|
530
PUT
Comcast
CMCSA
$95.9B
| $117M | 0.02% |
2,995,700
-839,800
| -22% | -$32.9M |
|
531
PUT
PNC Financial Services
PNC
$97.2B
| $117M | 0.02% |
754,300
-389,600
| -34% | -$60.4M |
|
532
PUT
D.R. Horton
DHI
$41.7B
| $117M | 0.02% |
828,100
-66,700
| -7% | -$9.8M |
|
533
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $116M | 0.02% |
2,723,894
-1,430,011
| -34% | -$60M |
|
534
CALL
Cadence Design Systems
CDNS
$87B
| $116M | 0.02% |
376,800
+59,500
| +19% | +$17.6M |
|
535
CALL
NetApp
NTAP
$36.7B
| $116M | 0.02% |
900,100
+36,900
| +4% | +$4.14M |
|
536
PUT
Seagate
STX
$180B
| $116M | 0.02% |
1,122,600
+481,400
| +75% | +$45M |
|
|
X
537
PUT
DELISTED
US Steel
X
| $116M | 0.02% |
3,056,700
+1,262,400
| +70% | +$48.2M |
|
|
X
538
CALL
DELISTED
US Steel
X
| $115M | 0.02% |
3,052,200
+136,900
| +5% | +$5.22M |
|
539
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $115M | 0.02% |
429,200
-123,800
| -22% | -$32M |
|
540
CALL
American International
AIG
$40.5B
| $114M | 0.02% |
1,537,400
+418,200
| +37% | +$32M |
|
541
PUT
Sarepta Therapeutics
SRPT
$1.92B
| $114M | 0.02% |
720,800
+384,900
| +115% | +$49.4M |
|
542
CALL
Deckers Outdoor
DECK
$12.5B
| $113M | 0.02% |
703,200
-12,600
| -2% | -$1.94M |
|
543
CALL
Viking Therapeutics
VKTX
$3.88B
| $113M | 0.02% |
2,138,600
-995,300
| -32% | -$65.2M |
|
544
Mastercard
MA
$525B
| $113M | 0.02% |
256,098
-21,276
| -8% | -$9.69M |
|
545
CALL
Okta
OKTA
$22.8B
| $112M | 0.02% |
1,200,200
-412,900
| -26% | -$39.1M |
|
546
PUT
Microchip Technology
MCHP
$40.3B
| $112M | 0.02% |
1,225,700
-208,700
| -15% | -$19.1M |
|
547
PUT
Southwest Airlines
LUV
$19.9B
| $112M | 0.02% |
3,914,300
+551,100
| +16% | +$15.4M |
|
548
CALL
Dow Inc
DOW
$22.7B
| $112M | 0.02% |
2,110,900
-1,994,300
| -49% | -$114M |
|
549
PUT
NRG Energy
NRG
$23.5B
| $112M | 0.02% |
1,437,000
+881,100
| +158% | +$68.3M |
|
550
PUT
Equinix
EQIX
$104B
| $112M | 0.02% |
147,500
-278,700
| -65% | -$212M |
|
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.