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 | |
|---|---|---|---|---|---|---|
1601
PUT
Avis
CAR
$5.13B
| $27.5M | ﹤0.01% |
341,600
+16,200
| +5% | +$1.48M |
|
1602
PUT
Equinix
EQIX
$106B
| $27.5M | ﹤0.01% |
29,200
-42,500
| -59% | -$39.1M |
|
|
CWAN
1603
DELISTED
Clearwater Analytics
CWAN
| $27.5M | ﹤0.01% |
999,100
+771,620
| +339% | +$21.9M |
|
1604
Kinder Morgan
KMI
$68.9B
| $27.5M | ﹤0.01% |
1,003,265
+264,170
| +36% | +$6.89M |
|
1605
CALL
HDFC Bank
HDB
$121B
| $27.5M | ﹤0.01% |
860,600
+562,200
| +188% | +$18M |
|
1606
HEICO Corp Class A
HEI.A
$35.9B
| $27.4M | ﹤0.01% |
147,447
-29,856
| -17% | -$6.02M |
|
|
APLS
1607
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $27.4M | ﹤0.01% |
859,200
+71,700
| +9% | +$2.16M |
|
1608
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.35B
| $27.4M | ﹤0.01% |
6,098
-1,183
| -16% | -$5.09M |
|
1609
PUT
Nutanix
NTNX
$18B
| $27.4M | ﹤0.01% |
447,400
+18,000
| +4% | +$1.18M |
|
1610
CALL
Ametek
AME
$55.4B
| $27.3M | ﹤0.01% |
151,600
+27,900
| +23% | +$5.08M |
|
1611
CleanSpark
CLSK
$3.27B
| $27.3M | ﹤0.01% |
2,964,803
-840,701
| -22% | -$10.2M |
|
1612
CALL
Lumentum
LITE
$79.4B
| $27.3M | ﹤0.01% |
325,200
-21,700
| -6% | -$1.69M |
|
1613
CALL
M&T Bank
MTB
$34.7B
| $27.3M | ﹤0.01% |
145,100
-58,400
| -29% | -$11.6M |
|
1614
CALL
Centene
CNC
$32.1B
| $27.3M | ﹤0.01% |
450,000
+150,500
| +50% | +$9.39M |
|
1615
Air Products & Chemicals
APD
$67.7B
| $27.2M | ﹤0.01% |
93,901
-717
| -0.8% | -$225K |
|
1616
O'Reilly Automotive
ORLY
$73.1B
| $27.2M | ﹤0.01% |
344,235
+42,570
| +14% | +$3.43M |
|
|
1617
PUT
Kinder Morgan
KMI
$68.9B
| $27.2M | ﹤0.01% |
991,700
+99,700
| +11% | +$2.6M |
|
1618
PUT
Royal Gold
RGLD
$22.7B
| $27.2M | ﹤0.01% |
206,000
-93,500
| -31% | -$13.5M |
|
1619
CALL
AES
AES
$10.5B
| $27.1M | ﹤0.01% |
2,107,500
-1,525,900
| -42% | -$22.8M |
|
1620
PUT
monday.com
MNDY
$3.94B
| $27.1M | ﹤0.01% |
115,100
+20,700
| +22% | +$5.73M |
|
1621
Align Technology
ALGN
$11.3B
| $27.1M | ﹤0.01% |
129,965
+72,252
| +125% | +$16.1M |
|
1622
CALL
Zions Bancorporation
ZION
$9.86B
| $27.1M | ﹤0.01% |
499,100
-539,100
| -52% | -$29.5M |
|
1623
CALL
Asbury Automotive
ABG
$3.87B
| $27M | ﹤0.01% |
111,300
-108,800
| -49% | -$26.7M |
|
1624
CALL
SBA Communications
SBAC
$19.9B
| $27M | ﹤0.01% |
132,600
+5,900
| +5% | +$1.33M |
|
1625
PUT
PENN Entertainment
PENN
$2.38B
| $27M | ﹤0.01% |
1,361,600
+83,100
| +6% | +$1.63M |
|
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.