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 | |
|---|---|---|---|---|---|---|
|
XYZ
151
CALL
Block Inc
XYZ
$49.4B
| $667M | 0.1% |
7,843,500
+3,810,800
| +94% | +$313M |
|
152
PUT
Arm
ARM
$260B
| $664M | 0.1% |
5,381,200
-831,400
| -13% | -$117M |
|
153
PUT
Pinduoduo
PDD
$126B
| $659M | 0.1% |
6,791,200
-803,300
| -11% | -$93.5M |
|
154
CALL
Uber
UBER
$161B
| $659M | 0.1% |
10,918,900
+1,092,000
| +11% | +$78M |
|
|
155
CALL
Arm
ARM
$260B
| $658M | 0.1% |
5,333,100
-592,300
| -10% | -$83.5M |
|
156
PUT
McDonald's
MCD
$192B
| $654M | 0.1% |
2,257,200
+414,900
| +23% | +$124M |
|
157
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $621M | 0.09% |
5,340,800
-2,763,400
| -34% | -$321M |
|
158
PUT
Bank of America
BAC
$431B
| $618M | 0.09% |
14,050,400
+1,297,000
| +10% | +$57.1M |
|
159
PUT
Applovin
APP
$102B
| $617M | 0.09% |
1,904,300
+1,279,200
| +205% | +$324M |
|
160
CALL
Reddit
RDDT
$29.5B
| $616M | 0.09% |
3,770,500
+2,275,000
| +152% | +$281M |
|
161
PUT
ExxonMobil
XOM
$679B
| $613M | 0.09% |
5,696,900
+104,400
| +2% | +$12.2M |
|
162
CALL
Spotify
SPOT
$110B
| $606M | 0.09% |
1,355,300
-836,500
| -38% | -$358M |
|
|
163
CALL
Bank of America
BAC
$431B
| $601M | 0.09% |
13,681,800
-1,869,500
| -12% | -$82.3M |
|
164
PUT
Visa
V
$693B
| $600M | 0.09% |
1,897,800
-862,900
| -31% | -$259M |
|
165
Berkshire Hathaway Class B
BRK.B
$1.06T
| $597M | 0.09% |
1,316,826
+1,004,776
| +322% | +$464M |
|
166
CALL
Starbucks
SBUX
$122B
| $597M | 0.09% |
6,538,000
-281,700
| -4% | -$27.3M |
|
167
PUT
Target
TGT
$75.1B
| $595M | 0.09% |
4,400,900
+1,238,800
| +39% | +$178M |
|
168
PUT
Blackrock
BLK
$179B
| $594M | 0.09% |
579,600
+18,300
| +3% | +$18.6M |
|
169
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $591M | 0.09% |
7,819,100
-1,358,000
| -15% | -$108M |
|
170
PUT
PayPal
PYPL
$52.7B
| $587M | 0.09% |
6,876,300
-788,800
| -10% | -$66.3M |
|
171
PUT
FedEx
FDX
$76.9B
| $584M | 0.09% |
2,075,200
+259,100
| +14% | +$72.3M |
|
172
CALL
American Express
AXP
$227B
| $581M | 0.09% |
1,958,700
-62,200
| -3% | -$17.9M |
|
173
PUT
Wells Fargo
WFC
$254B
| $576M | 0.09% |
8,207,100
-820,900
| -9% | -$56M |
|
174
CALL
Datadog
DDOG
$84.6B
| $574M | 0.09% |
4,018,700
+1,150,000
| +40% | +$158M |
|
|
175
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $574M | 0.09% |
4,938,800
+518,400
| +12% | +$60.3M |
|
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.