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 | |
|---|---|---|---|---|---|---|
126
CALL
Walt Disney
DIS
$186B
| $755M | 0.11% |
6,777,500
-1,409,100
| -17% | -$148M |
|
127
CALL
Target
TGT
$75.1B
| $753M | 0.11% |
5,574,000
+2,553,900
| +85% | +$366M |
|
128
CALL
Super Micro Computer
SMCI
$24.1B
| $747M | 0.11% |
24,505,700
+1,880,700
| +8% | +$68.4M |
|
129
PUT
First Solar
FSLR
$23B
| $741M | 0.11% |
4,203,700
-3,294,000
| -44% | -$656M |
|
|
130
Tesla
TSLA
$1.43T
| $725M | 0.11% |
1,795,518
-2,157,658
| -55% | -$694M |
|
131
PUT
Spotify
SPOT
$110B
| $718M | 0.11% |
1,604,100
-59,400
| -4% | -$25.4M |
|
132
PUT
Alibaba
BABA
$286B
| $718M | 0.11% |
8,462,700
-2,161,900
| -20% | -$204M |
|
133
CALL
Robinhood
HOOD
$97.2B
| $715M | 0.11% |
19,188,500
+10,188,800
| +113% | +$329M |
|
134
CALL
Wells Fargo
WFC
$254B
| $708M | 0.11% |
10,075,100
+2,119,100
| +27% | +$145M |
|
135
CALL
Nike
NKE
$60.5B
| $707M | 0.11% |
9,347,800
-42,300
| -0.5% | -$3.32M |
|
136
CALL
Mastercard
MA
$509B
| $705M | 0.11% |
1,339,400
+111,500
| +9% | +$57.7M |
|
137
PUT
United Airlines
UAL
$36.7B
| $705M | 0.11% |
7,258,500
+1,612,700
| +29% | +$136M |
|
138
CALL
iShares Silver Trust
SLV
$33.8B
| $701M | 0.11% |
26,636,400
+3,697,500
| +16% | +$106M |
|
139
CALL
Chevron
CVX
$403B
| $698M | 0.11% |
4,817,900
+1,171,800
| +32% | +$179M |
|
|
140
PUT
Chevron
CVX
$403B
| $695M | 0.1% |
4,799,500
+1,139,800
| +31% | +$174M |
|
141
PUT
Oracle
ORCL
$422B
| $692M | 0.1% |
4,153,100
+925,200
| +29% | +$164M |
|
142
PUT
Marvell Technology
MRVL
$213B
| $691M | 0.1% |
6,252,600
+2,256,000
| +56% | +$209M |
|
143
PUT
Carvana
CVNA
$76.9B
| $685M | 0.1% |
16,832,500
-621,000
| -4% | -$27.9M |
|
|
144
CALL
Carvana
CVNA
$76.9B
| $681M | 0.1% |
16,743,500
-1,092,500
| -6% | -$49.1M |
|
145
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $681M | 0.1% |
22,367,400
-9,961,500
| -31% | -$314M |
|
146
PUT
lululemon athletica
LULU
$13.7B
| $680M | 0.1% |
1,778,000
-596,400
| -25% | -$195M |
|
147
PUT
Uber
UBER
$161B
| $676M | 0.1% |
11,209,800
+4,181,400
| +59% | +$299M |
|
148
CALL
Intel
INTC
$476B
| $674M | 0.1% |
33,628,700
+2,926,500
| +10% | +$66M |
|
|
149
CALL
lululemon athletica
LULU
$13.7B
| $670M | 0.1% |
1,751,800
-448,900
| -20% | -$147M |
|
|
150
CALL
First Solar
FSLR
$23B
| $670M | 0.1% |
3,800,600
-1,010,700
| -21% | -$201M |
|
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 1,863 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 1,863 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.