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 | |
|---|---|---|---|---|---|---|
151
CALL
Merck
MRK
$376B
| $548M | 0.1% |
4,423,800
+728,100
| +20% | +$93.8M |
|
152
CALL
Snowflake
SNOW
$115B
| $540M | 0.1% |
3,998,800
-1,114,800
| -22% | -$165M |
|
153
CALL
AbbVie
ABBV
$468B
| $539M | 0.1% |
3,143,400
+166,900
| +6% | +$27.6M |
|
154
CALL
Amgen
AMGN
$238B
| $536M | 0.1% |
1,715,500
-10,600
| -0.6% | -$3.11M |
|
155
PUT
lululemon athletica
LULU
$13.7B
| $533M | 0.1% |
1,784,900
-407,400
| -19% | -$136M |
|
156
Grayscale Bitcoin Trust
GBTC
$11.6B
| $533M | 0.1% |
11,083,823
-8,035,535
| -42% | -$423M |
|
157
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $533M | 0.1% |
12,960,500
-4,014,200
| -24% | -$165M |
|
158
CALL
Mastercard
MA
$509B
| $522M | 0.1% |
1,183,500
-406,400
| -26% | -$185M |
|
159
Strategy Inc
MSTR
$47.4B
| $521M | 0.1% |
3,781,360
+1,332,730
| +54% | +$192M |
|
160
PUT
Caterpillar
CAT
$381B
| $516M | 0.1% |
1,548,800
-941,800
| -38% | -$327M |
|
161
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $515M | 0.1% |
18,859,300
+6,482,000
| +52% | +$197M |
|
162
CALL
Palantir
PLTR
$432B
| $515M | 0.1% |
20,331,300
-2,314,700
| -10% | -$52.1M |
|
163
PUT
Spotify
SPOT
$110B
| $507M | 0.09% |
1,614,900
+334,800
| +26% | +$101M |
|
|
164
CALL
Caterpillar
CAT
$381B
| $506M | 0.09% |
1,519,800
-787,400
| -34% | -$273M |
|
165
CALL
Johnson & Johnson
JNJ
$651B
| $504M | 0.09% |
3,446,200
-674,700
| -16% | -$100M |
|
166
Meta Platforms (Facebook)
META
$1.4T
| $496M | 0.09% |
982,742
-733,280
| -43% | -$356M |
|
167
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $493M | 0.09% |
11,166,800
+9,594,400
| +610% | +$434M |
|
168
CALL
Applied Materials
AMAT
$391B
| $487M | 0.09% |
2,062,500
-557,700
| -21% | -$120M |
|
169
PUT
Bank of America
BAC
$431B
| $484M | 0.09% |
12,179,100
-4,192,800
| -26% | -$161M |
|
170
CALL
General Motors
GM
$77.2B
| $479M | 0.09% |
10,304,100
-985,600
| -9% | -$44.5M |
|
|
171
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $478M | 0.09% |
10,820,000
+10,196,600
| +1,636% | +$461M |
|
172
CALL
Mercado Libre
MELI
$97.5B
| $478M | 0.09% |
290,700
+42,600
| +17% | +$67.3M |
|
|
173
PUT
Mercado Libre
MELI
$97.5B
| $475M | 0.09% |
289,200
-72,500
| -20% | -$114M |
|
174
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $475M | 0.09% |
4,432,300
+2,280,100
| +106% | +$243M |
|
175
PUT
Oracle
ORCL
$422B
| $475M | 0.09% |
3,362,400
-901,300
| -21% | -$112M |
|
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.