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 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$521M |
| 2 |
Nike
NKE
|
+$509M |
| 3 |
Micron Technology
MU
|
+$439M |
| 4 |
Super Micro Computer
SMCI
|
+$435M |
| 5 |
Broadcom
AVGO
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$5.31B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.89B |
| 3 |
Amazon
AMZN
|
+$1.48B |
| 4 |
Microsoft
MSFT
|
+$1.07B |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.03% |
| 3 | Financials | 0.75% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Tesla
TSLA
$1.43T
| $656M | 0.12% |
3,315,159
-1,466,931
| -31% | -$256M |
|
127
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $654M | 0.12% |
5,364,200
-740,300
| -12% | -$91.2M |
|
|
128
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $645M | 0.12% |
13,057,692
+10,461,096
| +403% | +$521M |
|
129
PUT
Pinduoduo
PDD
$126B
| $645M | 0.12% |
4,848,600
-1,044,600
| -18% | -$141M |
|
130
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $641M | 0.12% |
17,368,600
+2,013,400
| +13% | +$63M |
|
131
CALL
Chevron
CVX
$403B
| $640M | 0.12% |
4,091,700
-1,672,500
| -29% | -$267M |
|
132
CALL
Lam Research
LRCX
$393B
| $637M | 0.12% |
5,979,000
-1,770,000
| -23% | -$170M |
|
133
PUT
Walmart Inc
WMT
$825B
| $636M | 0.12% |
9,396,500
+393,300
| +4% | +$24.8M |
|
134
CALL
IBM
IBM
$222B
| $632M | 0.12% |
3,653,400
-809,200
| -18% | -$141M |
|
135
CALL
FedEx
FDX
$76.9B
| $630M | 0.12% |
2,101,200
+493,400
| +31% | +$129M |
|
|
136
Micron Technology
MU
$1.09T
| $628M | 0.12% |
4,771,910
+3,485,750
| +271% | +$439M |
|
137
Alphabet (Google) Class A
GOOGL
$4.22T
| $626M | 0.12% |
3,438,075
+252,023
| +8% | +$42.5M |
|
138
CALL
Home Depot
HD
$335B
| $620M | 0.12% |
1,801,700
-262,500
| -13% | -$89.5M |
|
139
CALL
Walt Disney
DIS
$186B
| $617M | 0.11% |
6,217,300
-4,828,800
| -44% | -$520M |
|
140
CALL
Pfizer
PFE
$160B
| $609M | 0.11% |
21,757,800
+1,618,300
| +8% | +$44.6M |
|
141
CALL
Visa
V
$693B
| $597M | 0.11% |
2,274,300
-970,500
| -30% | -$266M |
|
|
142
PUT
Home Depot
HD
$335B
| $593M | 0.11% |
1,723,100
-18,700
| -1% | -$6.38M |
|
143
PUT
Blackstone
BX
$108B
| $591M | 0.11% |
4,774,000
+1,183,700
| +33% | +$146M |
|
|
144
PUT
FedEx
FDX
$76.9B
| $586M | 0.11% |
1,955,500
+268,500
| +16% | +$70.2M |
|
|
145
CALL
Nike
NKE
$60.5B
| $584M | 0.11% |
7,749,700
+1,184,600
| +18% | +$110M |
|
146
CALL
McDonald's
MCD
$192B
| $575M | 0.11% |
2,257,200
-571,000
| -20% | -$151M |
|
147
CALL
Texas Instruments
TXN
$241B
| $571M | 0.11% |
2,934,100
+260,300
| +10% | +$48.1M |
|
148
CALL
Bank of America
BAC
$431B
| $558M | 0.1% |
14,040,000
-5,503,600
| -28% | -$211M |
|
149
CALL
GE Aerospace
GE
$361B
| $557M | 0.1% |
3,504,900
-1,455,476
| -29% | -$232M |
|
150
CALL
Starbucks
SBUX
$122B
| $553M | 0.1% |
7,106,400
+2,418,100
| +52% | +$197M |
|
Similar funds
Jeff Yass's Q2 2024 Portfolio in Review
As of Q2 2024, Jeff Yass held 13,638 positions worth $537B, down 6.7% from $576B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass withdrew a net $65.7B in Q2 2024, closing 1,726 positions and reducing 5,607 holdings. Its most notable exit was iShares MSCI USA Quality Factor ETF, an estimated $26.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in NextEra Energy 7.299% Corporate Units worth $127M.
- Jeff Yass's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 2,575,000 shares worth $127M.
- Jeff Yass added most to Vanguard FTSE Developed Markets ETF in Q2 2024, an estimated $521M increase.
- Jeff Yass's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $5.31B.
- Jeff Yass fully exited iShares MSCI USA Quality Factor ETF in Q2 2024, selling an estimated $26.2M.
- Jeff Yass's ten largest holdings make up 26% of its $537B portfolio in Q2 2024.
- Jeff Yass opened 1,591 new positions and closed 1,726 in Q2 2024.
- Jeff Yass's portfolio value fell 6.7% quarter-over-quarter to $537B.
Based on Susquehanna International Group's 13F filing for Q2 2024, filed 15 Aug 2024.