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 | |
|---|---|---|---|---|---|---|
1001
Regeneron Pharmaceuticals
REGN
$85.3B
| $58.5M | 0.01% |
82,192
+48,682
| +145% | +$40.9M |
|
|
FLG
1002
CALL
Flagstar Bank National Association
FLG
$5.57B
| $58.5M | 0.01% |
6,266,000
+1,148,600
| +22% | +$12.5M |
|
1003
Altria Group
MO
$114B
| $58.2M | 0.01% |
1,112,872
+573,721
| +106% | +$30.6M |
|
1004
CALL
Pultegroup
PHM
$24.7B
| $58M | 0.01% |
533,000
-55,600
| -9% | -$7.22M |
|
1005
CALL
Norfolk Southern
NSC
$79.3B
| $57.9M | 0.01% |
246,900
+50,900
| +26% | +$12.9M |
|
1006
CALL
Oneok
OKE
$58.6B
| $57.8M | 0.01% |
575,500
-14,400
| -2% | -$1.47M |
|
1007
CALL
Five Below
FIVE
$14.5B
| $57.5M | 0.01% |
548,200
-177,700
| -24% | -$17M |
|
1008
CALL
Crocs
CROX
$6.03B
| $57.4M | 0.01% |
524,400
-89,600
| -15% | -$10.4M |
|
1009
PUT
Whirlpool
WHR
$2.62B
| $57.3M | 0.01% |
500,800
-133,100
| -21% | -$14.7M |
|
1010
CALL
Caesars Entertainment
CZR
$6.04B
| $57.3M | 0.01% |
1,713,700
-498,200
| -23% | -$19.7M |
|
1011
CALL
Aptiv
APTV
$9.83B
| $57.2M | 0.01% |
945,500
+557,500
| +144% | +$34.1M |
|
1012
PUT
NIO
NIO
$10.9B
| $57.2M | 0.01% |
13,107,800
+3,410,100
| +35% | +$17.4M |
|
1013
CALL
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.6B
| $57.1M | 0.01% |
+700,100
| New | +$50.8M |
|
|
1014
PUT
Crocs
CROX
$6.03B
| $57.1M | 0.01% |
521,400
+64,400
| +14% | +$7.49M |
|
1015
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $56.9M | 0.01% |
467,900
+31,300
| +7% | +$3.84M |
|
|
1016
CALL
Whirlpool
WHR
$2.62B
| $56.8M | 0.01% |
496,300
-245,800
| -33% | -$27.1M |
|
1017
PUT
Diamondback Energy
FANG
$57.6B
| $56.8M | 0.01% |
346,600
-43,900
| -11% | -$7.74M |
|
1018
PUT
eBay
EBAY
$47.7B
| $56.8M | 0.01% |
916,600
-48,400
| -5% | -$3.07M |
|
1019
CALL
Intuitive Machines
LUNR
$2.67B
| $56.7M | 0.01% |
3,120,400
+2,855,400
| +1,078% | +$31.6M |
|
1020
Arista Networks
ANET
$237B
| $56.6M | 0.01% |
512,089
+269,221
| +111% | +$27.7M |
|
1021
CALL
Hewlett Packard
HPE
$69.4B
| $56.6M | 0.01% |
2,650,600
-1,771,000
| -40% | -$37.4M |
|
1022
CALL
Skyworks Solutions
SWKS
$10.1B
| $56.5M | 0.01% |
637,100
+155,600
| +32% | +$14.1M |
|
1023
CALL
iShares Gold Trust
IAU
$69B
| $56.5M | 0.01% |
1,140,300
-586,800
| -34% | -$29.5M |
|
1024
PUT
SiriusXM
SIRI
$9.59B
| $56.2M | 0.01% |
2,466,200
-1,115,200
| -31% | -$28.4M |
|
1025
PUT
Li Auto
LI
$12.2B
| $56.1M | 0.01% |
2,338,600
+414,600
| +22% | +$10.3M |
|
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.