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 | |
|---|---|---|---|---|---|---|
1401
CALL
Zoetis
ZTS
$31.9B
| $34.5M | 0.01% |
212,000
-9,600
| -4% | -$1.72M |
|
1402
Waste Management
WM
$88.8B
| $34.5M | 0.01% |
171,116
+120,439
| +238% | +$25.9M |
|
1403
eBay
EBAY
$47.2B
| $34.5M | 0.01% |
557,189
-342,953
| -38% | -$21.8M |
|
1404
CALL
Seagate
STX
$186B
| $34.5M | 0.01% |
399,800
-349,300
| -47% | -$35.2M |
|
1405
Southern Company
SO
$103B
| $34.4M | 0.01% |
418,024
+229,948
| +122% | +$20.2M |
|
1406
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $34.4M | 0.01% |
119,500
+71,700
| +150% | +$21.2M |
|
1407
CALL
Teck Resources
TECK
$35.1B
| $34.4M | 0.01% |
848,600
-226,900
| -21% | -$10.6M |
|
1408
Baidu
BIDU
$31.7B
| $34.3M | 0.01% |
406,780
-33,682
| -8% | -$3.08M |
|
1409
CALL
Alpha Metallurgical Resources
AMR
$2.73B
| $34.1M | 0.01% |
170,300
-4,900
| -3% | -$1.1M |
|
1410
CALL
Lumen
LUMN
$6.08B
| $34.1M | 0.01% |
6,415,200
-2,152,800
| -25% | -$14.9M |
|
1411
ON Semiconductor
ON
$28.2B
| $34.1M | 0.01% |
540,133
+131,179
| +32% | +$9.04M |
|
1412
IonQ
IONQ
$17B
| $34M | 0.01% |
814,053
+772,536
| +1,861% | +$19.4M |
|
1413
PUT
American International
AIG
$39.9B
| $34M | 0.01% |
466,800
+166,400
| +55% | +$12.5M |
|
1414
CALL
Fidelity National Information Services
FIS
$20.9B
| $33.9M | 0.01% |
420,300
-29,500
| -7% | -$2.54M |
|
1415
FTAI Aviation
FTAI
$20.6B
| $33.9M | 0.01% |
235,681
+130,766
| +125% | +$19.3M |
|
1416
CALL
CF Industries
CF
$19.3B
| $33.9M | 0.01% |
397,000
+33,000
| +9% | +$2.86M |
|
1417
Ross Stores
ROST
$77.4B
| $33.9M | 0.01% |
223,857
+67,988
| +44% | +$9.99M |
|
1418
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$294M
| $33.8M | 0.01% |
923,100
+77,400
| +9% | +$2.61M |
|
1419
PUT
Truist Financial
TFC
$61.4B
| $33.8M | 0.01% |
778,500
-483,100
| -38% | -$21.6M |
|
1420
Enovix
ENVX
$742M
| $33.7M | 0.01% |
3,544,214
+480,691
| +16% | +$4.22M |
|
1421
PUT
Enterprise Products Partners
EPD
$82.6B
| $33.7M | 0.01% |
1,073,100
-190,400
| -15% | -$5.85M |
|
1422
PUT
Lemonade
LMND
$4.21B
| $33.6M | 0.01% |
916,600
+574,800
| +168% | +$18.4M |
|
1423
PG&E
PCG
$40.4B
| $33.6M | 0.01% |
1,665,605
+180,593
| +12% | +$3.67M |
|
1424
CALL
Welltower
WELL
$174B
| $33.6M | 0.01% |
266,600
-115,900
| -30% | -$15.2M |
|
1425
BridgeBio Pharma
BBIO
$15.7B
| $33.6M | 0.01% |
1,224,282
+509,125
| +71% | +$13.2M |
|
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.