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 | |
|---|---|---|---|---|---|---|
76
PUT
CrowdStrike
CRWD
$195B
| $1.09B | 0.2% |
11,410,400
+135,600
| +1% | +$11.3M |
|
77
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.08B | 0.2% |
2,650,500
+152,100
| +6% | +$62.2M |
|
78
PUT
JPMorgan Chase
JPM
$935B
| $1.08B | 0.2% |
5,325,400
+220,900
| +4% | +$43.2M |
|
79
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $1.07B | 0.2% |
9,479,600
+4,855,800
| +105% | +$511M |
|
80
PUT
Coinbase
COIN
$49.2B
| $1.07B | 0.2% |
4,796,400
-1,001,900
| -17% | -$231M |
|
81
PUT
Citigroup
C
$221B
| $1.06B | 0.2% |
16,773,700
+3,319,600
| +25% | +$205M |
|
82
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $1.05B | 0.2% |
8,638,000
+1,556,400
| +22% | +$192M |
|
83
CALL
Arm
ARM
$260B
| $1.05B | 0.2% |
6,426,500
+2,192,900
| +52% | +$273M |
|
84
PUT
Salesforce
CRM
$171B
| $1.05B | 0.19% |
4,065,900
+1,702,000
| +72% | +$455M |
|
|
85
Microsoft
MSFT
$3.59T
| $1.02B | 0.19% |
2,275,486
-2,539,517
| -53% | -$1.07B |
|
86
CALL
First Solar
FSLR
$23B
| $1B | 0.19% |
4,444,100
+1,068,500
| +32% | +$233M |
|
87
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $1,000M | 0.19% |
24,316,100
-83,700
| -0.3% | -$3.44M |
|
88
CALL
VanEck Semiconductor ETF
SMH
$68.6B
| $999M | 0.19% |
3,830,200
-3,184,100
| -45% | -$747M |
|
89
CALL
Dell
DELL
$286B
| $992M | 0.18% |
7,195,600
+4,785,200
| +199% | +$642M |
|
90
PUT
Goldman Sachs
GS
$303B
| $982M | 0.18% |
2,171,900
-257,200
| -11% | -$113M |
|
91
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $954M | 0.18% |
12,178,800
+1,188,700
| +11% | +$94.2M |
|
92
CALL
UnitedHealth
UNH
$350B
| $953M | 0.18% |
1,870,400
+140,100
| +8% | +$68.7M |
|
93
PUT
ASML
ASML
$677B
| $918M | 0.17% |
897,900
-34,800
| -4% | -$33.5M |
|
|
94
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $909M | 0.17% |
8,036,600
+3,542,600
| +79% | +$373M |
|
|
95
PUT
Dell
DELL
$286B
| $909M | 0.17% |
6,589,700
+5,126,300
| +350% | +$687M |
|
|
96
Broadcom
AVGO
$1.75T
| $896M | 0.17% |
5,582,590
+2,347,500
| +73% | +$329M |
|
|
97
PUT
Nike
NKE
$60.5B
| $864M | 0.16% |
11,464,200
+3,883,800
| +51% | +$361M |
|
98
CALL
Uber
UBER
$161B
| $859M | 0.16% |
11,815,800
-494,700
| -4% | -$34.4M |
|
99
CALL
Walmart Inc
WMT
$825B
| $857M | 0.16% |
12,651,700
-2,844,800
| -18% | -$179M |
|
|
100
iShares Russell 2000 ETF
IWM
$81.9B
| $846M | 0.16% |
4,170,351
-4,475,292
| -52% | -$904M |
|
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.