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 | |
|---|---|---|---|---|---|---|
1426
PUT
AngloGold Ashanti
AU
$62.4B
| $33.5M | 0.01% |
1,451,800
+372,400
| +35% | +$9.73M |
|
1427
CALL
Shift4
FOUR
$3.79B
| $33.5M | 0.01% |
322,500
-139,700
| -30% | -$13.9M |
|
1428
CALL
NRG Energy
NRG
$23.9B
| $33.4M | 0.01% |
370,700
-58,500
| -14% | -$5.42M |
|
1429
Calumet Specialty Products
CLMT
$4.13B
| $33.4M | 0.01% |
1,518,580
+476,986
| +46% | +$10M |
|
|
BNY
1430
PUT
Bank of New York Mellon
BNY
$111B
| $33.4M | 0.01% |
435,200
-67,500
| -13% | -$5.22M |
|
1431
Parker-Hannifin
PH
$128B
| $33.4M | 0.01% |
52,520
+10,158
| +24% | +$6.73M |
|
1432
Eversource Energy
ES
$26.8B
| $33.4M | 0.01% |
581,621
+493,976
| +564% | +$30.8M |
|
|
CMA
1433
CALL
DELISTED
Comerica
CMA
| $33.4M | 0.01% |
539,800
+118,900
| +28% | +$7.73M |
|
1434
CALL
Baker Hughes
BKR
$61.4B
| $33.3M | 0.01% |
811,800
+54,600
| +7% | +$2.2M |
|
1435
PUT
Royal Bank of Canada
RY
$288B
| $33.3M | 0.01% |
276,000
+153,400
| +125% | +$18.9M |
|
1436
CALL
J.M. Smucker
SJM
$13.4B
| $33.2M | 0.01% |
301,700
+40,300
| +15% | +$4.64M |
|
1437
Intercontinental Exchange
ICE
$90.8B
| $33.1M | 0.01% |
222,353
+58,734
| +36% | +$9.3M |
|
1438
CALL
Labcorp
LH
$27.4B
| $33.1M | 0.01% |
144,400
+95,800
| +197% | +$22M |
|
1439
PUT
Axsome Therapeutics
AXSM
$10.8B
| $33.1M | 0.01% |
391,000
+70,800
| +22% | +$6.51M |
|
1440
State Street SPDR S&P Biotech ETF
XBI
$11.8B
| $33M | 0.01% |
365,894
+160,040
| +78% | +$15.5M |
|
1441
CALL
RB Global
RBA
$15.7B
| $32.9M | 0.01% |
365,200
+305,200
| +509% | +$27.3M |
|
1442
CALL
Alamos Gold
AGI
$16.3B
| $32.9M | 0.01% |
1,782,800
+52,800
| +3% | +$1.02M |
|
1443
CALL
KeyCorp
KEY
$23.4B
| $32.9M | 0.01% |
1,916,800
+270,500
| +16% | +$4.85M |
|
1444
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$106M
| $32.8M | 0.01% |
768,400
+317,500
| +70% | +$20.6M |
|
1445
Occidental Petroleum
OXY
$58.4B
| $32.8M | 0.01% |
663,994
-2,143,141
| -76% | -$108M |
|
1446
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $32.8M | ﹤0.01% |
364,400
-8,900
| -2% | -$1.05M |
|
1447
Upstart Holdings
UPST
$2.98B
| $32.8M | ﹤0.01% |
532,129
-1,379,420
| -72% | -$86M |
|
1448
CALL
Carlyle Group
CG
$17.4B
| $32.8M | ﹤0.01% |
648,800
+206,300
| +47% | +$10.5M |
|
1449
PUT
SL Green Realty
SLG
$4.24B
| $32.7M | ﹤0.01% |
481,600
-17,000
| -3% | -$1.26M |
|
1450
CSX Corp
CSX
$95.4B
| $32.7M | ﹤0.01% |
1,013,556
+755,207
| +292% | +$25.9M |
|
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.