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 | |
|---|---|---|---|---|---|---|
1201
RH
RH
$2.72B
| $36.6M | 0.01% |
149,659
+128,607
| +611% | +$33.8M |
|
1202
PUT
AGNC Investment
AGNC
$12.9B
| $36.5M | 0.01% |
3,825,100
+2,519,900
| +193% | +$24.1M |
|
1203
CALL
Genuine Parts
GPC
$19.1B
| $36.3M | 0.01% |
262,400
+6,300
| +2% | +$940K |
|
1204
CALL
Tower Semiconductor
TSEM
$24.2B
| $36.2M | 0.01% |
922,000
-493,400
| -35% | -$17.5M |
|
1205
PUT
PPG Industries
PPG
$25.6B
| $36.2M | 0.01% |
287,800
-38,800
| -12% | -$5.14M |
|
1206
PUT
Axos Financial
AX
$5.6B
| $36.2M | 0.01% |
633,300
+297,300
| +88% | +$16.2M |
|
1207
Copart
CPRT
$30.7B
| $36.2M | 0.01% |
668,070
+294,072
| +79% | +$16.1M |
|
1208
PUT
Monster Beverage
MNST
$95B
| $36.1M | 0.01% |
1,444,800
+1,068,000
| +283% | +$28.3M |
|
1209
PUT
Vanguard Real Estate ETF
VNQ
$39.4B
| $36M | 0.01% |
430,000
+64,400
| +18% | +$5.32M |
|
1210
Upstart Holdings
UPST
$3B
| $36M | 0.01% |
1,526,681
+67,640
| +5% | +$1.63M |
|
1211
CALL
Welltower
WELL
$174B
| $36M | 0.01% |
345,100
+91,500
| +36% | +$8.97M |
|
1212
General Motors
GM
$75.2B
| $35.9M | 0.01% |
773,642
-754,421
| -49% | -$34.1M |
|
|
WCC
1213
PUT
WESCO International
WCC
$16.9B
| $35.9M | 0.01% |
226,700
-14,500
| -6% | -$2.47M |
|
1214
PUT
iShares MSCI Mexico ETF
EWW
$1.81B
| $35.9M | 0.01% |
634,400
+453,500
| +251% | +$29.1M |
|
1215
CALL
Western Alliance Bancorporation
WAL
$8.72B
| $35.7M | 0.01% |
567,500
-67,100
| -11% | -$4.06M |
|
1216
Southwest Airlines
LUV
$20.2B
| $35.6M | 0.01% |
1,245,097
+37,018
| +3% | +$1.03M |
|
1217
PUT
HP
HPQ
$27B
| $35.6M | 0.01% |
1,015,600
+36,900
| +4% | +$1.17M |
|
1218
CALL
Darden Restaurants
DRI
$25.1B
| $35.5M | 0.01% |
234,900
-239,400
| -50% | -$36.4M |
|
1219
CALL
BILL Holdings
BILL
$4.76B
| $35.4M | 0.01% |
672,100
-161,800
| -19% | -$9.16M |
|
1220
PUT
Under Armour
UAA
$2.25B
| $35.2M | 0.01% |
5,282,800
+2,844,900
| +117% | +$19.4M |
|
1221
PUT
Cintas
CTAS
$82.7B
| $35.2M | 0.01% |
200,800
-128,800
| -39% | -$22M |
|
1222
CALL
Matador Resources
MTDR
$6.9B
| $35.1M | 0.01% |
589,400
+182,100
| +45% | +$11.4M |
|
1223
Scorpio Tankers
STNG
$3.77B
| $35.1M | 0.01% |
431,594
-153,316
| -26% | -$11.7M |
|
1224
PUT
Steel Dynamics
STLD
$33.6B
| $35M | 0.01% |
270,400
-65,400
| -19% | -$8.73M |
|
1225
McKesson
MCK
$105B
| $34.9M | 0.01% |
59,837
-361
| -0.6% | -$201K |
|
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.