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 | |
|---|---|---|---|---|---|---|
601
PUT
AstraZeneca
AZN
$257B
| $122M | 0.02% |
932,550
+683,750
| +275% | +$95.7M |
|
602
CALL
Chubb
CB
$132B
| $122M | 0.02% |
440,800
-69,600
| -14% | -$19.8M |
|
603
Vertiv
VRT
$101B
| $121M | 0.02% |
1,068,439
+360,700
| +51% | +$42.8M |
|
604
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $121M | 0.02% |
1,165,620
-167,580
| -13% | -$19.7M |
|
605
McDonald's
MCD
$192B
| $121M | 0.02% |
416,376
+74,582
| +22% | +$22.2M |
|
606
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $121M | 0.02% |
5,473,000
+3,226,700
| +144% | +$58.7M |
|
607
PUT
Southwest Airlines
LUV
$19.8B
| $120M | 0.02% |
3,574,800
+365,200
| +11% | +$11.7M |
|
608
PUT
Lennar Class A
LEN
$21B
| $120M | 0.02% |
909,247
-85,739
| -9% | -$13.9M |
|
609
Linde
LIN
$225B
| $120M | 0.02% |
285,890
+207,038
| +263% | +$94.4M |
|
610
IBM
IBM
$222B
| $119M | 0.02% |
543,332
+315,632
| +139% | +$70.3M |
|
611
ASML
ASML
$677B
| $119M | 0.02% |
172,158
-33,488
| -16% | -$24M |
|
612
CALL
Digital Realty Trust
DLR
$70.5B
| $119M | 0.02% |
672,200
+279,800
| +71% | +$49.6M |
|
613
CALL
HubSpot
HUBS
$12B
| $119M | 0.02% |
170,800
-22,300
| -12% | -$14.3M |
|
614
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $119M | 0.02% |
3,137,000
-1,700,600
| -35% | -$67.5M |
|
615
Abbott
ABT
$202B
| $118M | 0.02% |
1,044,301
+542,415
| +108% | +$62.7M |
|
616
Verizon
VZ
$205B
| $118M | 0.02% |
2,952,536
+1,650,033
| +127% | +$69.6M |
|
617
Starbucks
SBUX
$122B
| $118M | 0.02% |
1,290,678
-1,131,999
| -47% | -$110M |
|
618
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.46B
| $117M | 0.02% |
1,122,700
+656,200
| +141% | +$77M |
|
619
iShares Core MSCI EAFE ETF
IEFA
$195B
| $117M | 0.02% |
1,661,931
+1,625,065
| +4,408% | +$120M |
|
|
FISV
620
PUT
Fiserv Inc
FISV
$28B
| $117M | 0.02% |
568,500
+133,900
| +31% | +$27.3M |
|
621
PUT
Analog Devices
ADI
$182B
| $117M | 0.02% |
549,400
-101,300
| -16% | -$22.4M |
|
622
CALL
Nice
NICE
$5.87B
| $117M | 0.02% |
686,300
+517,800
| +307% | +$92.3M |
|
623
PUT
DraftKings
DKNG
$13B
| $117M | 0.02% |
3,132,300
-126,300
| -4% | -$5.01M |
|
624
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $116M | 0.02% |
1,258,700
+687,200
| +120% | +$64.9M |
|
625
CALL
Carpenter Technology
CRS
$24.4B
| $116M | 0.02% |
684,600
+242,200
| +55% | +$41.5M |
|
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.