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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.62B |
| 2 |
NVIDIA
NVDA
|
+$2.91B |
| 3 |
Grayscale Bitcoin Trust
GBTC
|
+$841M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$614M |
| 5 |
Apple
AAPL
|
+$435M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$379M |
| 2 |
iShares China Large-Cap ETF
FXI
|
+$341M |
| 3 |
Kenvue
KVUE
|
+$281M |
| 4 |
Linde
LIN
|
+$273M |
| 5 |
DoorDash
DASH
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Consumer Discretionary | 1.26% |
| 3 | Financials | 0.68% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
CALL
PayPal
PYPL
$52.7B
| $1.06B | 0.18% |
15,847,000
+4,788,800
| +43% | +$294M |
|
77
CALL
Strategy Inc
MSTR
$47.4B
| $1.06B | 0.18% |
6,207,000
+2,755,000
| +80% | +$251M |
|
78
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.05B | 0.18% |
25,632,100
+27,900
| +0.1% | +$1.11M |
|
79
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.05B | 0.18% |
2,498,400
+662,900
| +36% | +$261M |
|
|
80
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $1.03B | 0.18% |
24,399,800
+5,427,900
| +29% | +$214M |
|
81
PUT
JPMorgan Chase
JPM
$935B
| $1.02B | 0.18% |
5,104,500
-39,600
| -0.8% | -$7.15M |
|
82
CALL
Qualcomm
QCOM
$169B
| $1.02B | 0.18% |
6,025,500
+1,451,300
| +32% | +$224M |
|
83
PUT
SPDR Gold Trust
GLD
$152B
| $1.02B | 0.18% |
4,942,200
+839,600
| +20% | +$161M |
|
84
PUT
Goldman Sachs
GS
$303B
| $1.01B | 0.18% |
2,429,100
-197,300
| -8% | -$76.6M |
|
85
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $1.01B | 0.17% |
4,467,400
+1,907,000
| +74% | +$383M |
|
86
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $989M | 0.17% |
20,958,400
-4,885,400
| -19% | -$210M |
|
87
CALL
CrowdStrike
CRWD
$195B
| $977M | 0.17% |
12,189,600
+1,068,800
| +10% | +$81.8M |
|
88
PUT
Alibaba
BABA
$286B
| $968M | 0.17% |
13,375,400
+175,400
| +1% | +$12.8M |
|
89
PUT
Intel
INTC
$476B
| $961M | 0.17% |
21,765,600
+6,630,300
| +44% | +$295M |
|
90
CALL
Uber
UBER
$161B
| $948M | 0.16% |
12,310,500
+187,200
| +2% | +$13.4M |
|
|
91
CALL
Intel
INTC
$476B
| $932M | 0.16% |
21,111,200
+3,427,000
| +19% | +$153M |
|
92
CALL
Walmart Inc
WMT
$825B
| $932M | 0.16% |
15,496,500
-2,904,000
| -16% | -$166M |
|
93
CALL
Salesforce
CRM
$171B
| $916M | 0.16% |
3,040,000
-353,200
| -10% | -$102M |
|
94
PUT
Caterpillar
CAT
$381B
| $913M | 0.16% |
2,490,600
+982,800
| +65% | +$314M |
|
|
95
CALL
Goldman Sachs
GS
$303B
| $910M | 0.16% |
2,178,100
-167,300
| -7% | -$64.9M |
|
96
CALL
Chevron
CVX
$403B
| $909M | 0.16% |
5,764,200
+1,329,900
| +30% | +$201M |
|
97
CALL
Visa
V
$693B
| $906M | 0.16% |
3,244,800
+191,700
| +6% | +$52.9M |
|
98
PUT
ASML
ASML
$677B
| $905M | 0.16% |
932,700
-36,300
| -4% | -$32.2M |
|
|
99
PUT
CrowdStrike
CRWD
$195B
| $904M | 0.16% |
11,274,800
+761,600
| +7% | +$58.3M |
|
100
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $892M | 0.15% |
7,081,600
+4,054,100
| +134% | +$477M |
|
Similar funds
Jeff Yass's Q1 2024 Portfolio in Review
As of Q1 2024, Jeff Yass held 13,901 positions worth $576B, up 9.6% from $525B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass's Q1 2024 filing shows 1,661 new, 4,870 increased, 5,404 reduced and 1,849 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B. The largest sale was State Street Financial Select Sector SPDR ETF, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q1 2024 buy was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $3.62B increase.
- Jeff Yass's biggest Q1 2024 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $379M.
- Jeff Yass fully exited WisdomTree Japan Hedged Equity Fund in Q1 2024, selling an estimated $34.5M.
- Jeff Yass's ten largest holdings make up 25% of its $576B portfolio in Q1 2024.
- Jeff Yass opened 1,661 new positions and closed 1,849 in Q1 2024.
- Jeff Yass's portfolio value rose 9.6% quarter-over-quarter to $576B.
Based on Susquehanna International Group's 13F filing for Q1 2024, filed 7 May 2024.