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 | |
|---|---|---|---|---|---|---|
1226
Travelers Companies
TRV
$77.1B
| $43.7M | 0.01% |
181,236
+69,284
| +62% | +$17.3M |
|
1227
Target
TGT
$74.2B
| $43.6M | 0.01% |
322,485
+245,279
| +318% | +$35.2M |
|
1228
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $43.5M | 0.01% |
491,300
-117,000
| -19% | -$10.7M |
|
1229
PUT
BILL Holdings
BILL
$4.75B
| $43.5M | 0.01% |
513,600
-15,400
| -3% | -$1.15M |
|
1230
iShares S&P Small-Cap 600 Value ETF
IJS
$8.29B
| $43.5M | 0.01% |
400,297
+389,520
| +3,614% | +$43.2M |
|
|
1231
PUT
ProShares UltraPro S&P 500
UPRO
$5.5B
| $43.5M | 0.01% |
490,400
+4,100
| +0.8% | +$375K |
|
1232
Take-Two Interactive
TTWO
$43.6B
| $43.4M | 0.01% |
235,949
+17,334
| +8% | +$3.01M |
|
1233
PUT
argenx
ARGX
$63.8B
| $43.4M | 0.01% |
70,600
-51,000
| -42% | -$29.9M |
|
1234
SPDR Gold Trust
GLD
$156B
| $43.4M | 0.01% |
179,303
-564,720
| -76% | -$139M |
|
1235
United Rentals
URI
$65.6B
| $43.4M | 0.01% |
61,604
+23,242
| +61% | +$18.9M |
|
1236
PUT
Akamai
AKAM
$15.2B
| $43.3M | 0.01% |
453,100
-352,100
| -44% | -$34.5M |
|
1237
lululemon athletica
LULU
$13.4B
| $43.3M | 0.01% |
113,330
-275,082
| -71% | -$89.8M |
|
1238
CALL
Royal Bank of Canada
RY
$288B
| $43.3M | 0.01% |
359,200
-158,300
| -31% | -$19.5M |
|
|
MRSH
1239
Marsh
MRSH
$92.3B
| $43.2M | 0.01% |
203,560
+124,622
| +158% | +$27.6M |
|
1240
Arthur J. Gallagher & Co
AJG
$68.8B
| $43.2M | 0.01% |
152,099
+121,467
| +397% | +$35.3M |
|
1241
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$64.4M
| $43.1M | 0.01% |
62,640
+57,269
| +1,066% | +$32.6M |
|
1242
PUT
Brinker International
EAT
$10.7B
| $43M | 0.01% |
325,200
+75,200
| +30% | +$8.46M |
|
1243
PUT
Lyft
LYFT
$6.68B
| $42.9M | 0.01% |
3,322,800
+818,200
| +33% | +$12.1M |
|
|
CNR
1244
CALL
Core Natural Resources Inc
CNR
$4.81B
| $42.8M | 0.01% |
401,000
-37,500
| -9% | -$4.32M |
|
1245
Twilio
TWLO
$34.4B
| $42.7M | 0.01% |
395,159
+306,862
| +348% | +$28M |
|
|
EA
1246
CALL
DELISTED
Electronic Arts
EA
| $42.7M | 0.01% |
291,700
-178,900
| -38% | -$27.5M |
|
1247
American Tower
AMT
$83.2B
| $42.6M | 0.01% |
232,141
+142,318
| +158% | +$29.5M |
|
1248
Darden Restaurants
DRI
$25B
| $42.5M | 0.01% |
227,817
+193,620
| +566% | +$32.5M |
|
1249
CALL
Global Payments
GPN
$24.8B
| $42.4M | 0.01% |
378,600
+13,600
| +4% | +$1.49M |
|
1250
CALL
iShares US Home Construction ETF
ITB
$2.29B
| $42.4M | 0.01% |
410,000
-537,900
| -57% | -$63.8M |
|
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 1,862 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 1,862 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.