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 | |
|---|---|---|---|---|---|---|
901
CALL
Kraft Heinz
KHC
$30.4B
| $71.3M | 0.01% |
2,322,200
-840,000
| -27% | -$27.5M |
|
902
PUT
Global Payments
GPN
$25B
| $70.7M | 0.01% |
630,800
+19,800
| +3% | +$2.17M |
|
903
CALL
Li Auto
LI
$12.2B
| $70.4M | 0.01% |
2,935,900
-510,300
| -15% | -$12.7M |
|
904
CALL
HP
HPQ
$26.1B
| $70.2M | 0.01% |
2,150,600
+320,400
| +18% | +$11.5M |
|
905
AT&T
T
$176B
| $70.1M | 0.01% |
3,080,483
+2,076,250
| +207% | +$46.7M |
|
906
CALL
Albertsons Companies
ACI
$6.12B
| $70M | 0.01% |
3,563,500
+1,277,400
| +56% | +$24.2M |
|
907
CALL
Burlington
BURL
$20.8B
| $70M | 0.01% |
245,500
-157,300
| -39% | -$42.5M |
|
908
CALL
Celestica
CLS
$37.1B
| $69.8M | 0.01% |
756,000
+263,500
| +54% | +$20.6M |
|
909
PUT
First Citizens BancShares
FCNCA
$24.7B
| $69.7M | 0.01% |
33,000
-14,100
| -30% | -$29.5M |
|
910
PUT
Clorox
CLX
$13B
| $69.7M | 0.01% |
429,000
-55,500
| -11% | -$9.08M |
|
|
EXE
911
PUT
Expand Energy Corp
EXE
$22.3B
| $69.7M | 0.01% |
699,800
+414,300
| +145% | +$38.2M |
|
912
CALL
Southern Company
SO
$104B
| $69.7M | 0.01% |
846,100
-15,300
| -2% | -$1.34M |
|
913
CALL
Simon Property Group
SPG
$71.4B
| $69.2M | 0.01% |
401,700
-221,700
| -36% | -$38.9M |
|
914
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $69.2M | 0.01% |
1,654,060
-878,096
| -35% | -$38.9M |
|
915
CALL
Ameriprise Financial
AMP
$49.6B
| $68.7M | 0.01% |
129,100
+79,000
| +158% | +$42.2M |
|
916
S&P Global
SPGI
$128B
| $68.7M | 0.01% |
137,876
+71,852
| +109% | +$36.5M |
|
917
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$407M
| $68.6M | 0.01% |
614,450
+354,780
| +137% | +$31.9M |
|
918
CALL
Yum! Brands
YUM
$42.9B
| $68.5M | 0.01% |
510,600
-159,000
| -24% | -$21.5M |
|
919
CALL
Cintas
CTAS
$83B
| $68.2M | 0.01% |
373,500
+88,400
| +31% | +$18.6M |
|
920
CALL
Constellation Brands
STZ
$23.5B
| $68M | 0.01% |
307,600
-26,200
| -8% | -$6.22M |
|
|
SLNO
921
PUT
DELISTED
Soleno Therapeutics
SLNO
| $67.9M | 0.01% |
1,511,000
+1,441,400
| +2,071% | +$74.7M |
|
922
CALL
American International
AIG
$40.5B
| $67.8M | 0.01% |
931,300
-225,300
| -19% | -$16.9M |
|
923
CALL
Coupang
CPNG
$29.6B
| $67.8M | 0.01% |
3,083,900
-794,200
| -20% | -$19.5M |
|
924
CALL
Wheaton Precious Metals
WPM
$72.8B
| $67.7M | 0.01% |
1,204,500
+284,300
| +31% | +$17.6M |
|
925
PUT
Hilton Worldwide
HLT
$74.3B
| $67.7M | 0.01% |
274,000
-59,500
| -18% | -$14.6M |
|
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.