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 | |
|---|---|---|---|---|---|---|
551
PUT
Roblox
RBLX
$27.4B
| $130M | 0.02% |
3,411,800
+214,200
| +7% | +$8.69M |
|
552
CALL
Archer Daniels Midland
ADM
$38.7B
| $130M | 0.02% |
2,067,100
+879,800
| +74% | +$51.6M |
|
553
PUT
Union Pacific
UNP
$183B
| $130M | 0.02% |
526,900
-726,200
| -58% | -$179M |
|
554
CALL
Expedia Group
EXPE
$38.6B
| $130M | 0.02% |
940,400
-47,800
| -5% | -$6.79M |
|
555
PUT
Cadence Design Systems
CDNS
$87.9B
| $129M | 0.02% |
416,000
+150,000
| +56% | +$44.4M |
|
556
CALL
United States Oil Fund
USO
$2.1B
| $129M | 0.02% |
1,641,600
-1,989,400
| -55% | -$144M |
|
557
PUT
Microchip Technology
MCHP
$41.3B
| $129M | 0.02% |
1,434,400
+492,100
| +52% | +$42.4M |
|
558
CALL
Cameco
CCJ
$44.6B
| $128M | 0.02% |
2,958,200
-1,448,600
| -33% | -$63.5M |
|
559
PUT
Wayfair
W
$13.9B
| $128M | 0.02% |
1,887,000
+293,300
| +18% | +$16.6M |
|
560
PUT
Zillow
Z
$8.07B
| $128M | 0.02% |
2,620,500
+843,300
| +47% | +$45.9M |
|
561
Johnson & Johnson
JNJ
$651B
| $126M | 0.02% |
798,827
-319,871
| -29% | -$50.9M |
|
562
CALL
SLB Ltd
SLB
$79.9B
| $126M | 0.02% |
2,303,800
-237,100
| -9% | -$12M |
|
563
PUT
HCA Healthcare
HCA
$92.9B
| $126M | 0.02% |
378,300
-222,200
| -37% | -$67.9M |
|
564
CALL
Rivian
RIVN
$24.6B
| $126M | 0.02% |
11,506,800
-4,876,800
| -30% | -$70.3M |
|
565
CALL
Schwab US Dividend Equity ETF
SCHD
$112B
| $126M | 0.02% |
4,677,000
+629,700
| +16% | +$16.3M |
|
566
CALL
Etsy
ETSY
$7.44B
| $125M | 0.02% |
1,823,000
-467,400
| -20% | -$33.5M |
|
567
PUT
Lennar Class A
LEN
$21B
| $124M | 0.02% |
745,000
-67,764
| -8% | -$10.2M |
|
568
CALL
CME Group
CME
$98.9B
| $124M | 0.02% |
574,500
+127,700
| +29% | +$26.8M |
|
569
CALL
Nice
NICE
$5.87B
| $124M | 0.02% |
473,900
-50,900
| -10% | -$11.5M |
|
570
Chevron
CVX
$403B
| $123M | 0.02% |
780,422
-558,866
| -42% | -$84.3M |
|
571
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $122M | 0.02% |
722,900
-343,800
| -32% | -$55.2M |
|
572
PUT
iShares US Home Construction ETF
ITB
$2.27B
| $122M | 0.02% |
1,057,500
-85,300
| -7% | -$8.95M |
|
573
PUT
Analog Devices
ADI
$182B
| $122M | 0.02% |
617,200
-293,200
| -32% | -$56.4M |
|
574
Intuit
INTU
$100B
| $122M | 0.02% |
187,674
-33,299
| -15% | -$21.3M |
|
575
State Street SPDR S&P Global Natural Resources ETF
GNR
$5.21B
| $122M | 0.02% |
2,104,253
+2,016,684
| +2,303% | +$110M |
|
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.