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 | |
|---|---|---|---|---|---|---|
826
CALL
Fluor
FLR
$6.86B
| $81.8M | 0.01% |
1,658,400
+432,000
| +35% | +$22.8M |
|
827
CALL
Corning
GLW
$125B
| $81.8M | 0.01% |
1,721,200
-154,300
| -8% | -$7.31M |
|
828
CALL
Hims & Hers Health
HIMS
$7.25B
| $81.7M | 0.01% |
3,380,300
+1,794,200
| +113% | +$44.4M |
|
829
CALL
Progressive
PGR
$130B
| $81.4M | 0.01% |
339,900
-59,200
| -15% | -$14.9M |
|
|
WCC
830
CALL
WESCO International
WCC
$16.4B
| $81.4M | 0.01% |
449,900
-21,100
| -4% | -$3.99M |
|
831
PUT
Rocket Lab Corp
RKLB
$43.7B
| $81.3M | 0.01% |
3,191,200
+1,706,900
| +115% | +$30M |
|
832
CALL
Snap
SNAP
$9.35B
| $81.1M | 0.01% |
7,527,300
+1,874,800
| +33% | +$21.1M |
|
833
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.22B
| $81M | 0.01% |
2,026,400
-727,800
| -26% | -$34.6M |
|
834
PUT
Biogen
BIIB
$32.2B
| $80.9M | 0.01% |
529,300
+98,500
| +23% | +$16.6M |
|
|
BNY
835
CALL
Bank of New York Mellon
BNY
$110B
| $80.5M | 0.01% |
1,047,400
+177,400
| +20% | +$13.7M |
|
836
Delta Air Lines
DAL
$54.2B
| $80.4M | 0.01% |
1,329,391
+289,988
| +28% | +$17.1M |
|
837
CALL
Waste Management
WM
$90.5B
| $80.4M | 0.01% |
398,300
+52,300
| +15% | +$11.2M |
|
838
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.84B
| $80.2M | 0.01% |
+1,000,000
| New | +$82.2M |
|
839
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$107M
| $79.5M | 0.01% |
1,860,200
-593,400
| -24% | -$38.6M |
|
|
HES
840
CALL
DELISTED
Hess
HES
| $79.3M | 0.01% |
595,900
+133,100
| +29% | +$18.6M |
|
841
PUT
Marathon Petroleum
MPC
$102B
| $79.1M | 0.01% |
567,200
-268,700
| -32% | -$41M |
|
842
PUT
Marriott International
MAR
$93.9B
| $79M | 0.01% |
283,300
-117,500
| -29% | -$32.3M |
|
843
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $79M | 0.01% |
1,652,522
+1,575,746
| +2,052% | +$79.1M |
|
844
CALL
Norwegian Cruise Line
NCLH
$7.91B
| $79M | 0.01% |
3,068,700
-419,100
| -12% | -$10.6M |
|
845
PUT
Phillips 66
PSX
$96.5B
| $78.9M | 0.01% |
692,100
+201,600
| +41% | +$25.6M |
|
846
CALL
Intercontinental Exchange
ICE
$91.5B
| $78.6M | 0.01% |
527,300
+16,300
| +3% | +$2.58M |
|
847
PUT
Medtronic
MDT
$119B
| $77.9M | 0.01% |
975,700
-114,300
| -10% | -$9.89M |
|
848
Intuitive Surgical
ISRG
$132B
| $77.6M | 0.01% |
148,740
+97,051
| +188% | +$50.5M |
|
849
PUT
Paycom
PAYC
$10.3B
| $77.5M | 0.01% |
378,300
-89,800
| -19% | -$18.3M |
|
850
PUT
Kraft Heinz
KHC
$30.4B
| $77.4M | 0.01% |
2,521,800
+1,489,100
| +144% | +$48.8M |
|
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.