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 | |
|---|---|---|---|---|---|---|
151
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $610M | 0.11% |
12,129,800
-3,184,200
| -21% | -$157M |
|
152
PUT
Visa
V
$693B
| $608M | 0.11% |
2,178,900
-350,500
| -14% | -$96.8M |
|
|
XYZ
153
CALL
Block Inc
XYZ
$49.4B
| $586M | 0.1% |
6,924,400
-1,966,800
| -22% | -$142M |
|
154
CALL
Procter & Gamble
PG
$336B
| $576M | 0.1% |
3,549,800
+621,000
| +21% | +$97.4M |
|
155
CALL
First Solar
FSLR
$23B
| $570M | 0.1% |
3,375,600
-995,200
| -23% | -$153M |
|
156
CALL
Pfizer
PFE
$160B
| $559M | 0.1% |
20,139,500
+7,484,300
| +59% | +$208M |
|
157
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $556M | 0.1% |
5,860,800
+1,902,100
| +48% | +$177M |
|
158
PUT
Mastercard
MA
$509B
| $550M | 0.1% |
1,141,800
-39,000
| -3% | -$17.8M |
|
159
PUT
Mercado Libre
MELI
$97.5B
| $547M | 0.1% |
361,700
+27,700
| +8% | +$45.3M |
|
160
CALL
Morgan Stanley
MS
$336B
| $547M | 0.09% |
5,806,900
-626,800
| -10% | -$55.2M |
|
161
CALL
AbbVie
ABBV
$468B
| $542M | 0.09% |
2,976,500
-1,131,600
| -28% | -$195M |
|
162
PUT
Walmart Inc
WMT
$825B
| $542M | 0.09% |
9,003,200
-6,335,800
| -41% | -$363M |
|
163
CALL
Applied Materials
AMAT
$391B
| $540M | 0.09% |
2,620,200
+266,700
| +11% | +$48.9M |
|
164
Alibaba
BABA
$286B
| $539M | 0.09% |
7,454,807
-2,346,580
| -24% | -$172M |
|
165
PUT
Oracle
ORCL
$422B
| $536M | 0.09% |
4,263,700
-457,800
| -10% | -$52.4M |
|
|
166
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $533M | 0.09% |
5,615,300
+9,100
| +0.2% | +$844K |
|
167
PUT
Dick's Sporting Goods
DKS
$16.4B
| $532M | 0.09% |
2,364,700
+818,200
| +53% | +$140M |
|
168
CALL
Arm
ARM
$260B
| $529M | 0.09% |
4,233,600
+2,825,800
| +201% | +$299M |
|
169
CALL
Verizon
VZ
$205B
| $524M | 0.09% |
12,485,100
+2,413,300
| +24% | +$97.3M |
|
170
CALL
Palantir
PLTR
$432B
| $521M | 0.09% |
22,646,000
+5,568,600
| +33% | +$119M |
|
171
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $519M | 0.09% |
16,407,000
-4,214,300
| -20% | -$120M |
|
172
CALL
Occidental Petroleum
OXY
$61.3B
| $519M | 0.09% |
7,981,600
+524,100
| +7% | +$31.3M |
|
173
PUT
PayPal
PYPL
$52.7B
| $515M | 0.09% |
7,681,100
+1,734,700
| +29% | +$106M |
|
174
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $513M | 0.09% |
5,421,796
+1,707,384
| +46% | +$161M |
|
175
CALL
General Motors
GM
$77.2B
| $512M | 0.09% |
11,289,700
-2,548,600
| -18% | -$98.8M |
|
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.