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 | |
|---|---|---|---|---|---|---|
51
PUT
First Solar
FSLR
$23B
| $1.49B | 0.28% |
6,629,800
+2,351,800
| +55% | +$513M |
|
52
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.48B | 0.28% |
34,678,200
+7,457,300
| +27% | +$313M |
|
53
CALL
Qualcomm
QCOM
$169B
| $1.46B | 0.27% |
7,314,500
+1,289,000
| +21% | +$243M |
|
54
PUT
Palo Alto Networks
PANW
$292B
| $1.34B | 0.25% |
7,933,600
-1,845,600
| -19% | -$276M |
|
55
CALL
Salesforce
CRM
$171B
| $1.33B | 0.25% |
5,176,200
+2,136,200
| +70% | +$572M |
|
56
CALL
Alibaba
BABA
$286B
| $1.32B | 0.25% |
18,349,500
+3,577,400
| +24% | +$274M |
|
|
57
PUT
Micron Technology
MU
$1.09T
| $1.32B | 0.25% |
10,033,400
+2,692,600
| +37% | +$339M |
|
58
CALL
Booking.com
BKNG
$158B
| $1.32B | 0.25% |
8,302,500
-2,727,500
| -25% | -$404M |
|
59
CALL
CrowdStrike
CRWD
$195B
| $1.31B | 0.24% |
13,701,200
+1,511,600
| +12% | +$126M |
|
60
Apple
AAPL
$4.51T
| $1.31B | 0.24% |
6,220,803
-2,617,688
| -30% | -$488M |
|
61
CALL
Adobe
ADBE
$109B
| $1.29B | 0.24% |
2,321,700
-397,500
| -15% | -$192M |
|
62
CALL
Citigroup
C
$221B
| $1.29B | 0.24% |
20,310,800
-1,734,300
| -8% | -$107M |
|
63
CALL
Pinduoduo
PDD
$126B
| $1.29B | 0.24% |
9,684,500
+4,008,100
| +71% | +$543M |
|
64
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $1.27B | 0.24% |
3,259,300
+343,600
| +12% | +$133M |
|
65
CALL
ExxonMobil
XOM
$679B
| $1.27B | 0.24% |
11,042,000
-239,000
| -2% | -$27.8M |
|
66
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $1.25B | 0.23% |
4,791,000
+323,600
| +7% | +$75.9M |
|
|
67
CALL
Super Micro Computer
SMCI
$24.1B
| $1.23B | 0.23% |
15,039,000
-69,000
| -0.5% | -$5.9M |
|
68
CALL
Boeing
BA
$169B
| $1.22B | 0.23% |
6,729,700
-1,208,200
| -15% | -$215M |
|
69
CALL
Coinbase
COIN
$49.2B
| $1.22B | 0.23% |
5,471,200
-714,100
| -12% | -$164M |
|
|
70
CALL
Micron Technology
MU
$1.09T
| $1.21B | 0.23% |
9,204,600
-3,266,400
| -26% | -$412M |
|
|
71
PUT
Boeing
BA
$169B
| $1.21B | 0.22% |
6,624,200
-62,200
| -0.9% | -$11.1M |
|
|
72
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.2B | 0.22% |
28,228,700
+2,596,600
| +10% | +$109M |
|
|
73
CALL
Palo Alto Networks
PANW
$292B
| $1.18B | 0.22% |
6,937,000
-2,189,800
| -24% | -$328M |
|
74
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.16B | 0.22% |
15,057,000
-13,502,700
| -47% | -$1.04B |
|
75
PUT
SPDR Gold Trust
GLD
$152B
| $1.16B | 0.22% |
5,377,600
+435,400
| +9% | +$94.2M |
|
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.