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 | |
|---|---|---|---|---|---|---|
1676
Schwab Fundamental International Large Company Index ETF
FNDF
$26.2B
| $25.1M | ﹤0.01% |
+757,165
| New | +$26.7M |
|
1677
CALL
iShares MSCI Japan ETF
EWJ
$22.6B
| $25.1M | ﹤0.01% |
373,400
-153,800
| -29% | -$10.6M |
|
1678
CALL
Waters Corp
WAT
$40.7B
| $25M | ﹤0.01% |
67,400
-7,300
| -10% | -$2.67M |
|
1679
Joby Aviation
JOBY
$7.14B
| $25M | ﹤0.01% |
3,073,848
+2,091,904
| +213% | +$13.9M |
|
1680
PACCAR
PCAR
$68B
| $24.9M | ﹤0.01% |
239,771
+161,916
| +208% | +$17.7M |
|
1681
CALL
Navios Maritime Partners
NMM
$2.58B
| $24.9M | ﹤0.01% |
575,200
-247,600
| -30% | -$12.9M |
|
1682
TG Therapeutics
TGTX
$8.48B
| $24.9M | ﹤0.01% |
827,105
+224,717
| +37% | +$6.45M |
|
1683
PUT
XPeng
XPEV
$11.1B
| $24.9M | ﹤0.01% |
2,105,600
+154,500
| +8% | +$1.91M |
|
1684
Vistra
VST
$46.7B
| $24.9M | ﹤0.01% |
180,365
+10,981
| +6% | +$1.52M |
|
1685
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $24.9M | ﹤0.01% |
279,100
+44,400
| +19% | +$4.05M |
|
1686
CALL
Stellantis
STLA
$19.8B
| $24.8M | ﹤0.01% |
1,902,900
-420,700
| -18% | -$5.58M |
|
|
1687
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $24.8M | ﹤0.01% |
278,692
-125,005
| -31% | -$11.4M |
|
1688
PUT
Qorvo
QRVO
$8.32B
| $24.8M | ﹤0.01% |
354,800
+263,400
| +288% | +$21.1M |
|
|
BNY
1689
Bank of New York Mellon
BNY
$111B
| $24.8M | ﹤0.01% |
322,481
+162,897
| +102% | +$12.6M |
|
1690
PUT
Intuitive Machines
LUNR
$2.66B
| $24.8M | ﹤0.01% |
1,364,000
-343,800
| -20% | -$3.81M |
|
1691
PUT
iShares MSCI China ETF
MCHI
$6.24B
| $24.8M | ﹤0.01% |
528,600
-227,800
| -30% | -$11.2M |
|
1692
CALL
Invesco Solar ETF
TAN
$1.27B
| $24.7M | ﹤0.01% |
747,100
+37,600
| +5% | +$1.39M |
|
1693
CALL
TransUnion
TRU
$16.3B
| $24.7M | ﹤0.01% |
266,600
+136,900
| +106% | +$13.9M |
|
1694
PUT
CBRE Group
CBRE
$43.9B
| $24.7M | ﹤0.01% |
188,200
+156,800
| +499% | +$20.5M |
|
1695
CALL
Louisiana-Pacific
LPX
$5.06B
| $24.6M | ﹤0.01% |
237,800
+113,900
| +92% | +$12.4M |
|
1696
CALL
Vanguard Real Estate ETF
VNQ
$39.4B
| $24.6M | ﹤0.01% |
275,900
+38,000
| +16% | +$3.59M |
|
|
NVO
1697
Novo Nordisk
NVO
$215B
| $24.6M | ﹤0.01% |
285,708
-603,994
| -68% | -$65.3M |
|
1698
CALL
iShares Russell 2000 Value ETF
IWN
$14.6B
| $24.5M | ﹤0.01% |
149,100
+2,300
| +2% | +$393K |
|
1699
CALL
Bath & Body Works
BBWI
$3.54B
| $24.5M | ﹤0.01% |
630,700
-28,200
| -4% | -$943K |
|
|
1700
PUT
PACCAR
PCAR
$68B
| $24.4M | ﹤0.01% |
234,700
+58,800
| +33% | +$6.43M |
|
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.