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 | |
|---|---|---|---|---|---|---|
176
CALL
Wells Fargo
WFC
$254B
| $509M | 0.09% |
8,781,000
-5,988,600
| -41% | -$313M |
|
177
CALL
Amgen
AMGN
$238B
| $491M | 0.09% |
1,726,100
+469,900
| +37% | +$137M |
|
178
PUT
FedEx
FDX
$76.9B
| $489M | 0.08% |
1,687,000
-223,500
| -12% | -$55.9M |
|
179
PUT
Deere & Co
DE
$175B
| $489M | 0.08% |
1,190,000
+178,000
| +18% | +$68.2M |
|
180
CALL
Merck
MRK
$376B
| $488M | 0.08% |
3,695,700
+883,100
| +31% | +$109M |
|
181
CALL
Blackstone
BX
$108B
| $486M | 0.08% |
3,698,200
-572,300
| -13% | -$71.5M |
|
182
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $481M | 0.08% |
4,623,800
-2,338,000
| -34% | -$236M |
|
183
CALL
United Parcel Service
UPS
$86.8B
| $481M | 0.08% |
3,235,800
+461,800
| +17% | +$70.2M |
|
184
Alphabet (Google) Class A
GOOGL
$4.22T
| $481M | 0.08% |
3,186,052
-711,273
| -18% | -$102M |
|
185
TSMC
TSM
$2.17T
| $476M | 0.08% |
3,501,181
+817,457
| +30% | +$102M |
|
186
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $473M | 0.08% |
15,355,200
-8,111,400
| -35% | -$231M |
|
|
187
PUT
Blackstone
BX
$108B
| $472M | 0.08% |
3,590,300
+882,700
| +33% | +$110M |
|
|
188
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $468M | 0.08% |
4,494,000
-2,451,400
| -35% | -$248M |
|
189
PUT
McDonald's
MCD
$192B
| $467M | 0.08% |
1,656,500
-859,600
| -34% | -$250M |
|
|
190
CALL
FedEx
FDX
$76.9B
| $466M | 0.08% |
1,607,800
+241,900
| +18% | +$60.5M |
|
191
CALL
Texas Instruments
TXN
$241B
| $466M | 0.08% |
2,673,800
-1,676,000
| -39% | -$279M |
|
192
CALL
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $464M | 0.08% |
17,671,000
+1,667,900
| +10% | +$42M |
|
193
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $454M | 0.08% |
2,929,100
-1,074,300
| -27% | -$149M |
|
194
PUT
United States Oil Fund
USO
$2.24B
| $454M | 0.08% |
5,761,000
-3,554,800
| -38% | -$257M |
|
|
195
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $451M | 0.08% |
2,914,200
+606,000
| +26% | +$83.9M |
|
196
PUT
MongoDB
MDB
$34.7B
| $449M | 0.08% |
1,253,100
-321,100
| -20% | -$131M |
|
|
197
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $447M | 0.08% |
18,563,400
+4,506,200
| +32% | +$104M |
|
198
PUT
Arm
ARM
$260B
| $436M | 0.08% |
3,490,000
+2,727,400
| +358% | +$289M |
|
199
PUT
United Rentals
URI
$68.4B
| $435M | 0.08% |
603,700
-219,000
| -27% | -$141M |
|
200
CALL
Freeport-McMoran
FCX
$110B
| $433M | 0.08% |
9,202,200
+2,428,400
| +36% | +$98M |
|
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.