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 | |
|---|---|---|---|---|---|---|
126
CALL
Mastercard
MA
$509B
| $766M | 0.13% |
1,589,900
+126,800
| +9% | +$58M |
|
127
CALL
Lam Research
LRCX
$393B
| $753M | 0.13% |
7,749,000
+321,000
| +4% | +$28.2M |
|
128
CALL
Bank of America
BAC
$431B
| $741M | 0.13% |
19,543,600
-6,487,600
| -25% | -$223M |
|
129
PUT
First Solar
FSLR
$23B
| $722M | 0.13% |
4,278,000
+722,700
| +20% | +$111M |
|
130
CALL
Target
TGT
$75.1B
| $721M | 0.13% |
4,066,300
-319,200
| -7% | -$48.6M |
|
|
131
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $715M | 0.12% |
16,974,700
+3,227,500
| +23% | +$127M |
|
132
PUT
Nike
NKE
$60.5B
| $712M | 0.12% |
7,580,400
+1,394,700
| +23% | +$142M |
|
133
PUT
Salesforce
CRM
$171B
| $712M | 0.12% |
2,363,900
-1,169,200
| -33% | -$337M |
|
134
CALL
GE Aerospace
GE
$361B
| $695M | 0.12% |
4,960,376
+2,221,569
| +81% | +$262M |
|
135
CALL
lululemon athletica
LULU
$13.7B
| $695M | 0.12% |
1,777,900
+233,400
| +15% | +$108M |
|
136
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $688M | 0.12% |
2,046,000
+301,200
| +17% | +$91.3M |
|
137
PUT
Pinduoduo
PDD
$126B
| $685M | 0.12% |
5,893,200
+1,947,700
| +49% | +$255M |
|
138
PUT
Home Depot
HD
$335B
| $668M | 0.12% |
1,741,800
-945,500
| -35% | -$345M |
|
139
PUT
ExxonMobil
XOM
$679B
| $663M | 0.12% |
5,704,300
-2,433,500
| -30% | -$255M |
|
|
140
CALL
Pinduoduo
PDD
$126B
| $660M | 0.11% |
5,676,400
-1,729,000
| -23% | -$227M |
|
141
CALL
Marvell Technology
MRVL
$213B
| $655M | 0.11% |
9,246,300
+5,933,900
| +179% | +$406M |
|
142
CALL
Johnson & Johnson
JNJ
$651B
| $652M | 0.11% |
4,120,900
-589,000
| -13% | -$93.8M |
|
143
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $648M | 0.11% |
8,337,200
-5,871,700
| -41% | -$454M |
|
144
PUT
Occidental Petroleum
OXY
$61.3B
| $647M | 0.11% |
9,958,700
+2,709,700
| +37% | +$162M |
|
|
145
PUT
Target
TGT
$75.1B
| $639M | 0.11% |
3,603,700
+469,000
| +15% | +$71.3M |
|
146
CALL
ServiceNow
NOW
$133B
| $636M | 0.11% |
4,171,000
+707,000
| +20% | +$107M |
|
147
CALL
T-Mobile US
TMUS
$196B
| $634M | 0.11% |
3,882,000
+586,600
| +18% | +$95.5M |
|
148
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $624M | 0.11% |
13,212,200
+2,599,200
| +24% | +$112M |
|
|
149
PUT
Bank of America
BAC
$431B
| $621M | 0.11% |
16,371,900
-4,445,100
| -21% | -$153M |
|
|
150
CALL
Nike
NKE
$60.5B
| $617M | 0.11% |
6,565,100
+1,524,200
| +30% | +$155M |
|
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.