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 | |
|---|---|---|---|---|---|---|
526
CALL
Cigna
CI
$73.3B
| $154M | 0.02% |
556,800
+43,800
| +9% | +$14M |
|
527
PUT
Vale
VALE
$62.1B
| $153M | 0.02% |
17,274,700
+5,020,800
| +41% | +$51.1M |
|
528
Progressive
PGR
$127B
| $153M | 0.02% |
638,840
+440,098
| +221% | +$111M |
|
529
CALL
Nucor
NUE
$55.3B
| $152M | 0.02% |
1,301,100
+335,400
| +35% | +$48.2M |
|
530
CALL
Devon Energy
DVN
$54B
| $151M | 0.02% |
4,617,900
+551,000
| +14% | +$20.8M |
|
531
CALL
iShares MSCI Brazil ETF
EWZ
$8.04B
| $151M | 0.02% |
6,700,700
-3,051,500
| -31% | -$81.7M |
|
532
CALL
Las Vegas Sands
LVS
$30.5B
| $150M | 0.02% |
2,926,200
-795,900
| -21% | -$41.3M |
|
|
DOCU
533
PUT
DocuSign
DOCU
$11.8B
| $150M | 0.02% |
1,670,500
+647,500
| +63% | +$51.7M |
|
534
CALL
Fortinet
FTNT
$113B
| $150M | 0.02% |
1,589,800
+228,900
| +17% | +$20.4M |
|
535
Cisco
CSCO
$438B
| $150M | 0.02% |
2,533,393
+1,807,112
| +249% | +$103M |
|
536
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.92B
| $149M | 0.02% |
5,419,400
+2,113,500
| +64% | +$41.9M |
|
537
PUT
Estee Lauder
EL
$36.9B
| $149M | 0.02% |
1,982,000
+189,400
| +11% | +$15M |
|
538
CALL
Celsius Holdings
CELH
$8.44B
| $148M | 0.02% |
5,634,800
+3,654,500
| +185% | +$108M |
|
539
PUT
CME Group
CME
$98.9B
| $148M | 0.02% |
639,000
+222,500
| +53% | +$51.2M |
|
540
PUT
Cameco
CCJ
$44.6B
| $148M | 0.02% |
2,883,000
+493,700
| +21% | +$26.9M |
|
541
CALL
Take-Two Interactive
TTWO
$44.8B
| $148M | 0.02% |
803,400
-205,100
| -20% | -$35.6M |
|
542
Merck
MRK
$376B
| $147M | 0.02% |
1,480,121
+1,021,564
| +223% | +$105M |
|
|
543
PUT
Fortinet
FTNT
$113B
| $147M | 0.02% |
1,552,600
-89,400
| -5% | -$7.95M |
|
544
CALL
Okta
OKTA
$23.5B
| $146M | 0.02% |
1,850,100
+370,900
| +25% | +$28.8M |
|
545
CALL
EOG Resources
EOG
$80.3B
| $146M | 0.02% |
1,188,700
-13,100
| -1% | -$1.67M |
|
|
546
PUT
Cigna
CI
$73.3B
| $145M | 0.02% |
524,700
+145,200
| +38% | +$46.3M |
|
547
PUT
KKR & Co
KKR
$97.4B
| $144M | 0.02% |
975,600
-53,400
| -5% | -$7.83M |
|
|
548
CALL
CME Group
CME
$98.9B
| $144M | 0.02% |
619,000
-165,400
| -21% | -$38M |
|
549
Thermo Fisher Scientific
TMO
$233B
| $144M | 0.02% |
276,173
+203,155
| +278% | +$112M |
|
550
CALL
Charter Communications
CHTR
$17.9B
| $144M | 0.02% |
419,000
+9,600
| +2% | +$3.47M |
|
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.