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 | |
|---|---|---|---|---|---|---|
801
CALL
Cboe Global Markets
CBOE
$32.2B
| $87.4M | 0.01% |
447,100
+82,300
| +23% | +$16.9M |
|
802
CALL
Viking Therapeutics
VKTX
$3.88B
| $87.3M | 0.01% |
2,170,500
-53,200
| -2% | -$3.03M |
|
803
CALL
Ross Stores
ROST
$77.5B
| $87.1M | 0.01% |
575,800
+256,800
| +81% | +$37.7M |
|
804
CALL
Phillips 66
PSX
$96.5B
| $86.9M | 0.01% |
762,600
+5,100
| +0.7% | +$649K |
|
805
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $86.6M | 0.01% |
3,365,700
-1,342,100
| -29% | -$33.9M |
|
806
CALL
Mobileye
MBLY
$7.35B
| $86.1M | 0.01% |
4,321,900
+1,565,100
| +57% | +$24.6M |
|
807
CALL
Chewy
CHWY
$10B
| $86.1M | 0.01% |
2,570,300
-220,100
| -8% | -$6.85M |
|
808
PUT
Nutrien
NTR
$35.5B
| $85.5M | 0.01% |
1,910,800
-613,400
| -24% | -$29.1M |
|
809
Vale
VALE
$64B
| $85.4M | 0.01% |
9,628,253
+4,640,999
| +93% | +$47.2M |
|
810
CALL
Illumina
ILMN
$33.7B
| $85.1M | 0.01% |
636,900
+263,300
| +70% | +$37.5M |
|
811
CALL
Rio Tinto
RIO
$170B
| $85M | 0.01% |
1,445,300
-214,500
| -13% | -$13.7M |
|
|
PARA
812
DELISTED
Paramount Global Class B
PARA
| $84.9M | 0.01% |
8,120,026
+1,456,187
| +22% | +$15.6M |
|
813
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $84.9M | 0.01% |
847,500
+249,800
| +42% | +$24.8M |
|
814
PUT
Dow Inc
DOW
$22.7B
| $84.8M | 0.01% |
2,112,200
+895,000
| +74% | +$41.8M |
|
815
PUT
United States Natural Gas Fund
UNG
$511M
| $84.7M | 0.01% |
5,038,700
+1,033,100
| +26% | +$14.8M |
|
816
CALL
argenx
ARGX
$63.3B
| $84.6M | 0.01% |
137,500
+50,400
| +58% | +$29.5M |
|
817
CALL
Equinix
EQIX
$104B
| $84.5M | 0.01% |
89,600
-6,100
| -6% | -$5.61M |
|
818
CALL
Madrigal Pharmaceuticals
MDGL
$11.8B
| $84.2M | 0.01% |
272,900
+40,900
| +18% | +$11.5M |
|
819
PUT
KB Home
KBH
$3.41B
| $84.2M | 0.01% |
1,280,800
-51,900
| -4% | -$4.04M |
|
820
Capital One
COF
$133B
| $84M | 0.01% |
470,905
+388,092
| +469% | +$67.2M |
|
821
CALL
CleanSpark
CLSK
$3.06B
| $83.6M | 0.01% |
9,078,100
+5,325,600
| +142% | +$64.4M |
|
822
iShares MSCI India ETF
INDA
$6.59B
| $83.1M | 0.01% |
1,579,114
+581,711
| +58% | +$32M |
|
823
Danaher
DHR
$151B
| $83M | 0.01% |
361,671
+168,174
| +87% | +$41.3M |
|
824
CALL
Quanta Services
PWR
$92.7B
| $82.5M | 0.01% |
261,100
+97,700
| +60% | +$31.4M |
|
825
CALL
Live Nation Entertainment
LYV
$43B
| $81.9M | 0.01% |
632,800
+176,500
| +39% | +$22.2M |
|
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.