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 | |
|---|---|---|---|---|---|---|
1326
PUT
State Street
STT
$53B
| $38M | 0.01% |
386,800
-59,100
| -13% | -$5.6M |
|
1327
PUT
Schwab US Dividend Equity ETF
SCHD
$112B
| $37.9M | 0.01% |
1,387,200
-772,500
| -36% | -$22M |
|
|
HES
1328
DELISTED
Hess
HES
| $37.8M | 0.01% |
284,247
+160,927
| +130% | +$22.5M |
|
1329
PUT
Becton Dickinson
BDX
$51.7B
| $37.8M | 0.01% |
166,600
+2,900
| +2% | +$670K |
|
1330
PUT
Ally Financial
ALLY
$13B
| $37.8M | 0.01% |
1,049,000
-206,400
| -16% | -$7.5M |
|
1331
CALL
Prologis
PLD
$136B
| $37.8M | 0.01% |
357,200
-288,000
| -45% | -$33.1M |
|
1332
Zoetis
ZTS
$31.9B
| $37.7M | 0.01% |
231,145
+165,671
| +253% | +$29.6M |
|
1333
CALL
Crown Castle
CCI
$32.5B
| $37.6M | 0.01% |
414,400
-557,200
| -57% | -$58.3M |
|
1334
US Bancorp
USB
$97.2B
| $37.6M | 0.01% |
786,006
+226,632
| +41% | +$11.1M |
|
1335
PUT
Edwards Lifesciences
EW
$52.4B
| $37.4M | 0.01% |
505,800
+18,500
| +4% | +$1.29M |
|
1336
PUT
Steel Dynamics
STLD
$33.1B
| $37.4M | 0.01% |
328,200
-87,800
| -21% | -$11.7M |
|
1337
Datadog
DDOG
$80.1B
| $37.4M | 0.01% |
261,691
-6,724
| -3% | -$924K |
|
1338
TE Connectivity
TEL
$58.3B
| $37.3M | 0.01% |
261,063
+212,044
| +433% | +$31.6M |
|
1339
CALL
monday.com
MNDY
$3.94B
| $37.3M | 0.01% |
158,400
-88,600
| -36% | -$24.5M |
|
|
GAP
1340
PUT
The Gap Inc
GAP
$7.25B
| $37.3M | 0.01% |
1,578,200
+108,100
| +7% | +$2.46M |
|
1341
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $37.2M | 0.01% |
413,400
+162,100
| +65% | +$19.1M |
|
1342
CALL
Shake Shack
SHAK
$2.99B
| $37.2M | 0.01% |
286,600
+97,300
| +51% | +$11.9M |
|
1343
CALL
Bunge Global
BG
$21.5B
| $37.2M | 0.01% |
478,100
-173,300
| -27% | -$15.2M |
|
1344
CALL
iShares MSCI China ETF
MCHI
$6.24B
| $37M | 0.01% |
790,600
-83,300
| -10% | -$4.11M |
|
1345
CALL
International Flavors & Fragrances
IFF
$22.2B
| $37M | 0.01% |
437,700
+74,400
| +20% | +$6.99M |
|
1346
JD.com
JD
$39.7B
| $37M | 0.01% |
1,066,891
-458,555
| -30% | -$17.7M |
|
1347
Sun Communities
SUI
$15.3B
| $36.9M | 0.01% |
299,907
+86,720
| +41% | +$11.1M |
|
1348
PUT
Fabrinet
FN
$15.5B
| $36.7M | 0.01% |
167,100
+118,100
| +241% | +$28.5M |
|
1349
CALL
PG&E
PCG
$40.4B
| $36.7M | 0.01% |
1,820,100
+255,300
| +16% | +$5.19M |
|
1350
Maplebear
CART
$11.9B
| $36.7M | 0.01% |
886,753
+416,024
| +88% | +$18M |
|
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.