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 | |
|---|---|---|---|---|---|---|
101
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $878M | 0.15% |
10,990,100
-5,508,600
| -33% | -$421M |
|
102
PUT
Micron Technology
MU
$1.09T
| $865M | 0.15% |
7,340,800
+1,700,600
| +30% | +$154M |
|
103
PUT
lululemon athletica
LULU
$13.7B
| $856M | 0.15% |
2,192,300
+302,200
| +16% | +$140M |
|
104
CALL
UnitedHealth
UNH
$350B
| $856M | 0.15% |
1,730,300
+82,600
| +5% | +$42M |
|
105
CALL
IBM
IBM
$222B
| $852M | 0.15% |
4,462,600
+1,334,800
| +43% | +$244M |
|
106
PUT
Citigroup
C
$221B
| $851M | 0.15% |
13,454,100
-1,556,500
| -10% | -$86.6M |
|
107
CALL
Caterpillar
CAT
$381B
| $845M | 0.15% |
2,307,200
-600,100
| -21% | -$192M |
|
108
PUT
Snowflake
SNOW
$115B
| $842M | 0.15% |
5,213,200
+2,401,500
| +85% | +$466M |
|
109
Tesla
TSLA
$1.43T
| $841M | 0.15% |
4,782,090
-91,317
| -2% | -$17.8M |
|
|
110
PUT
UnitedHealth
UNH
$350B
| $836M | 0.15% |
1,689,800
+88,400
| +6% | +$44.9M |
|
111
Meta Platforms (Facebook)
META
$1.4T
| $833M | 0.14% |
1,716,022
+736,289
| +75% | +$328M |
|
112
PUT
GE Aerospace
GE
$361B
| $833M | 0.14% |
5,946,237
+3,375,833
| +131% | +$398M |
|
113
PUT
Pfizer
PFE
$160B
| $830M | 0.14% |
29,916,200
+1,833,100
| +7% | +$50.9M |
|
114
PUT
Lam Research
LRCX
$393B
| $828M | 0.14% |
8,525,000
-2,764,000
| -24% | -$243M |
|
|
115
CALL
Snowflake
SNOW
$115B
| $826M | 0.14% |
5,113,600
+1,732,100
| +51% | +$336M |
|
116
PUT
Walt Disney
DIS
$186B
| $799M | 0.14% |
6,531,700
-216,500
| -3% | -$22.6M |
|
117
CALL
Oracle
ORCL
$422B
| $799M | 0.14% |
6,359,100
-225,500
| -3% | -$25.8M |
|
118
CALL
McDonald's
MCD
$192B
| $797M | 0.14% |
2,828,200
+577,800
| +26% | +$168M |
|
|
119
CALL
DoorDash
DASH
$96.8B
| $796M | 0.14% |
5,777,600
+2,525,100
| +78% | +$297M |
|
120
PUT
Uber
UBER
$161B
| $795M | 0.14% |
10,325,300
+2,662,200
| +35% | +$191M |
|
121
PUT
ServiceNow
NOW
$133B
| $794M | 0.14% |
5,204,500
+1,312,500
| +34% | +$199M |
|
122
CALL
Home Depot
HD
$335B
| $792M | 0.14% |
2,064,200
-587,900
| -22% | -$215M |
|
123
CALL
ASML
ASML
$677B
| $784M | 0.14% |
807,600
+156,800
| +24% | +$139M |
|
124
PUT
Chevron
CVX
$403B
| $777M | 0.13% |
4,926,500
-180,300
| -4% | -$27.2M |
|
125
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $769M | 0.13% |
6,104,500
+4,336,400
| +245% | +$510M |
|
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.