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 | |
|---|---|---|---|---|---|---|
1826
CALL
Transocean
RIG
$6.28B
| $21M | ﹤0.01% |
5,610,400
+167,200
| +3% | +$695K |
|
1827
Baxter International
BAX
$13.8B
| $21M | ﹤0.01% |
718,870
+611,839
| +572% | +$20.6M |
|
1828
Lennar Class A
LEN
$21.1B
| $20.9M | ﹤0.01% |
157,972
-88,510
| -36% | -$14.4M |
|
1829
PUT
Restaurant Brands International
QSR
$27.8B
| $20.8M | ﹤0.01% |
319,400
+20,200
| +7% | +$1.4M |
|
1830
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $20.8M | ﹤0.01% |
328,400
+19,200
| +6% | +$1.22M |
|
1831
CALL
Arbor Realty Trust
ABR
$950M
| $20.7M | ﹤0.01% |
1,491,400
-392,600
| -21% | -$5.78M |
|
1832
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.87B
| $20.7M | ﹤0.01% |
122,415
+96,398
| +371% | +$16.8M |
|
1833
PUT
Invesco NASDAQ 100 ETF
QQQM
$103B
| $20.6M | ﹤0.01% |
98,100
+37,600
| +62% | +$7.83M |
|
1834
Prudential Financial
PRU
$41.5B
| $20.6M | ﹤0.01% |
174,006
+101,537
| +140% | +$12.5M |
|
1835
PUT
Sunrun
RUN
$2.16B
| $20.6M | ﹤0.01% |
2,229,700
-1,124,300
| -34% | -$14M |
|
1836
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $20.6M | ﹤0.01% |
36,190
-52,193
| -59% | -$30.6M |
|
1837
PUT
Boston Beer
SAM
$1.91B
| $20.6M | ﹤0.01% |
68,600
-19,500
| -22% | -$5.89M |
|
|
PPL
1838
CALL
PPL Corp
PPL
$26.5B
| $20.6M | ﹤0.01% |
633,800
-432,200
| -41% | -$14.2M |
|
1839
PUT
Alexandria Real Estate Equities
ARE
$9.07B
| $20.5M | ﹤0.01% |
210,200
-11,100
| -5% | -$1.22M |
|
1840
CALL
Cogent Communications
CCOI
$503M
| $20.5M | ﹤0.01% |
266,000
+20,200
| +8% | +$1.61M |
|
1841
Public Storage
PSA
$59.7B
| $20.5M | ﹤0.01% |
68,364
+34,607
| +103% | +$11.5M |
|
1842
CALL
PennyMac Financial
PFSI
$3.83B
| $20.4M | ﹤0.01% |
200,100
-19,400
| -9% | -$2.03M |
|
1843
PUT
Texas Pacific Land
TPL
$25.8B
| $20.3M | ﹤0.01% |
55,200
+52,500
| +1,944% | +$21.5M |
|
1844
CALL
GDS Holdings
GDS
$6.61B
| $20.3M | ﹤0.01% |
855,900
+197,600
| +30% | +$4.17M |
|
1845
PUT
Johnson Controls International
JCI
$87.5B
| $20.3M | ﹤0.01% |
257,300
-46,400
| -15% | -$3.72M |
|
1846
Dominion Energy
D
$58.8B
| $20.3M | ﹤0.01% |
376,167
+185,388
| +97% | +$10.6M |
|
1847
PUT
Archer Aviation
ACHR
$4.57B
| $20.2M | ﹤0.01% |
2,076,300
+1,671,200
| +413% | +$9.29M |
|
1848
PUT
Norfolk Southern
NSC
$79.6B
| $20.2M | ﹤0.01% |
86,200
-67,600
| -44% | -$17.2M |
|
1849
CALL
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54B
| $20.2M | ﹤0.01% |
229,800
+112,500
| +96% | +$9.72M |
|
1850
W.W. Grainger
GWW
$62.7B
| $20.2M | ﹤0.01% |
19,162
+13,471
| +237% | +$15.2M |
|
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.