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 | |
|---|---|---|---|---|---|---|
951
CALL
APA Corp
APA
$14.5B
| $52.2M | 0.01% |
1,772,100
-585,800
| -25% | -$18.1M |
|
952
CALL
Tyson Foods
TSN
$20.1B
| $52.1M | 0.01% |
912,400
-434,700
| -32% | -$25.4M |
|
953
PUT
TransDigm Group
TDG
$65.9B
| $52.1M | 0.01% |
40,800
-5,800
| -12% | -$7.44M |
|
954
Cigna
CI
$73.8B
| $52.1M | 0.01% |
157,628
-76,983
| -33% | -$26.5M |
|
955
CALL
Corning
GLW
$127B
| $52.1M | 0.01% |
1,339,800
+421,600
| +46% | +$14.7M |
|
956
Berkshire Hathaway Class A
BRK.A
$1.08T
| $52M | 0.01% |
85
-126
| -60% | -$77.7M |
|
957
PUT
Truist Financial
TFC
$61.4B
| $51.9M | 0.01% |
1,336,000
-360,400
| -21% | -$13.6M |
|
958
PUT
Realty Income
O
$59.5B
| $51.9M | 0.01% |
982,400
+177,400
| +22% | +$9.47M |
|
959
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $51.8M | 0.01% |
512,600
-2,100
| -0.4% | -$219K |
|
960
PUT
Hilton Worldwide
HLT
$74.1B
| $51.7M | 0.01% |
236,800
-115,700
| -33% | -$23.8M |
|
961
Accenture
ACN
$114B
| $51.6M | 0.01% |
170,195
+27,458
| +19% | +$8.41M |
|
962
Abbott
ABT
$201B
| $51.5M | 0.01% |
495,972
-27,767
| -5% | -$2.94M |
|
963
PUT
Cencora
COR
$62.6B
| $51.5M | 0.01% |
228,600
-90,400
| -28% | -$20.9M |
|
964
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.87B
| $51.4M | 0.01% |
248,128
+40,012
| +19% | +$10.2M |
|
965
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14B
| $51.2M | 0.01% |
589,600
+163,400
| +38% | +$13.4M |
|
966
Carvana
CVNA
$83.3B
| $51.1M | 0.01% |
1,986,235
+1,949,020
| +5,237% | +$39.2M |
|
967
Albemarle
ALB
$15.7B
| $51M | 0.01% |
534,363
+258,365
| +94% | +$30.7M |
|
968
CALL
Mondelez International
MDLZ
$80.4B
| $51M | 0.01% |
779,500
-35,100
| -4% | -$2.41M |
|
969
CALL
Novartis
NVS
$304B
| $50.9M | 0.01% |
478,500
+227,500
| +91% | +$22.8M |
|
970
CALL
Trane Technologies
TT
$100B
| $50.8M | 0.01% |
154,500
| – | – |
|
971
PUT
Insmed
INSM
$27.1B
| $50.7M | 0.01% |
757,200
+680,400
| +886% | +$26.4M |
|
972
CALL
Air Products & Chemicals
APD
$67.7B
| $50.6M | 0.01% |
196,200
-34,100
| -15% | -$8.65M |
|
973
Valero Energy
VLO
$98B
| $50.6M | 0.01% |
322,700
-16,788
| -5% | -$2.71M |
|
974
CALL
iShares MSCI China ETF
MCHI
$6.24B
| $50.6M | 0.01% |
1,199,300
-550,800
| -31% | -$23.7M |
|
975
CALL
MGM Resorts International
MGM
$10.9B
| $50.5M | 0.01% |
1,136,700
-39,400
| -3% | -$1.65M |
|
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.