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 | |
|---|---|---|---|---|---|---|
1026
Shopify
SHOP
$198B
| $46.7M | 0.01% |
706,882
+539,399
| +322% | +$35.8M |
|
1027
PUT
Teradyne
TER
$57.3B
| $46.6M | 0.01% |
314,100
+95,000
| +43% | +$12.1M |
|
1028
PUT
Ralph Lauren
RL
$21.6B
| $46.5M | 0.01% |
265,900
+10,400
| +4% | +$1.8M |
|
1029
PUT
Waste Management
WM
$88.8B
| $46.3M | 0.01% |
217,000
-258,300
| -54% | -$53.7M |
|
1030
PUT
CarMax
KMX
$9.11B
| $46.2M | 0.01% |
630,200
-203,200
| -24% | -$14.6M |
|
1031
iShares MSCI Brazil ETF
EWZ
$8.23B
| $46.2M | 0.01% |
1,690,450
-2,359,093
| -58% | -$71.6M |
|
|
MRO
1032
CALL
DELISTED
Marathon Oil Corporation
MRO
| $46.1M | 0.01% |
1,607,900
-488,300
| -23% | -$13.5M |
|
1033
PUT
Caesars Entertainment
CZR
$6.04B
| $45.9M | 0.01% |
1,156,200
+176,000
| +18% | +$6.61M |
|
1034
PUT
iShares MBS ETF
MBB
$39.3B
| $45.9M | 0.01% |
500,100
+349,800
| +233% | +$31.9M |
|
1035
Entegris
ENTG
$21.2B
| $45.9M | 0.01% |
338,872
+166,480
| +97% | +$22M |
|
1036
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $45.9M | 0.01% |
314,000
+23,500
| +8% | +$3.1M |
|
|
EA
1037
CALL
DELISTED
Electronic Arts
EA
| $45.9M | 0.01% |
329,100
+78,000
| +31% | +$10.3M |
|
1038
CALL
Align Technology
ALGN
$11.3B
| $45.8M | 0.01% |
189,600
-92,800
| -33% | -$25.8M |
|
1039
CALL
CleanSpark
CLSK
$3.27B
| $45.8M | 0.01% |
2,868,800
-633,600
| -18% | -$10.6M |
|
1040
CALL
PPG Industries
PPG
$25.3B
| $45.7M | 0.01% |
363,200
-204,700
| -36% | -$27.1M |
|
1041
PUT
Arbor Realty Trust
ABR
$961M
| $45.7M | 0.01% |
3,183,800
+649,000
| +26% | +$8.68M |
|
1042
CALL
Fastenal
FAST
$57.7B
| $45.6M | 0.01% |
1,452,600
+386,000
| +36% | +$13M |
|
1043
PUT
Duolingo
DUOL
$6.83B
| $45.5M | 0.01% |
218,200
+11,300
| +5% | +$2.31M |
|
1044
CALL
PENN Entertainment
PENN
$2.38B
| $45.5M | 0.01% |
2,351,500
+380,400
| +19% | +$6.46M |
|
1045
Apollo Global Management
APO
$78.6B
| $45.4M | 0.01% |
384,864
+121,565
| +46% | +$13.8M |
|
1046
PUT
Etsy
ETSY
$7.75B
| $45.4M | 0.01% |
769,700
-595,800
| -44% | -$38.1M |
|
|
BNY
1047
CALL
Bank of New York Mellon
BNY
$111B
| $45.4M | 0.01% |
757,700
-69,700
| -8% | -$4.03M |
|
1048
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $45.3M | 0.01% |
169,400
+15,200
| +10% | +$3.93M |
|
|
CMA
1049
PUT
DELISTED
Comerica
CMA
| $45.2M | 0.01% |
886,000
-302,400
| -25% | -$15.4M |
|
1050
CALL
C.H. Robinson
CHRW
$16.8B
| $45.2M | 0.01% |
512,400
+248,700
| +94% | +$19.9M |
|
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.