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 | |
|---|---|---|---|---|---|---|
176
CALL
Apollo Global Management
APO
$78.4B
| $568M | 0.09% |
3,442,100
+1,464,300
| +74% | +$232M |
|
177
PUT
Lam Research
LRCX
$393B
| $568M | 0.09% |
7,864,500
-1,662,500
| -17% | -$126M |
|
178
CALL
Procter & Gamble
PG
$336B
| $559M | 0.08% |
3,335,700
-354,300
| -10% | -$60.3M |
|
179
PUT
Dell
DELL
$286B
| $558M | 0.08% |
4,846,300
-1,180,400
| -20% | -$148M |
|
180
CALL
Morgan Stanley
MS
$336B
| $555M | 0.08% |
4,418,300
+1,007,400
| +30% | +$124M |
|
181
CALL
MongoDB
MDB
$34.7B
| $554M | 0.08% |
2,380,800
-70,800
| -3% | -$20M |
|
182
PUT
IBM
IBM
$222B
| $552M | 0.08% |
2,511,900
+1,363,900
| +119% | +$304M |
|
183
PUT
Snowflake
SNOW
$115B
| $549M | 0.08% |
3,555,700
-898,000
| -20% | -$126M |
|
184
CALL
Johnson & Johnson
JNJ
$651B
| $545M | 0.08% |
3,769,400
+1,112,200
| +42% | +$172M |
|
185
PUT
Walt Disney
DIS
$186B
| $544M | 0.08% |
4,886,900
-1,406,300
| -22% | -$148M |
|
186
CALL
Blackstone
BX
$108B
| $542M | 0.08% |
3,141,500
-519,700
| -14% | -$90.5M |
|
187
CALL
ProShares UltraPro QQQ
TQQQ
$35.7B
| $539M | 0.08% |
13,615,200
-133,400
| -1% | -$5.26M |
|
188
CALL
T-Mobile US
TMUS
$196B
| $531M | 0.08% |
2,407,500
+246,300
| +11% | +$56M |
|
189
CALL
Occidental Petroleum
OXY
$61.3B
| $527M | 0.08% |
10,666,400
+3,150,600
| +42% | +$159M |
|
190
CALL
Shopify
SHOP
$192B
| $526M | 0.08% |
4,951,000
-1,052,600
| -18% | -$102M |
|
|
191
CALL
Dell
DELL
$286B
| $526M | 0.08% |
4,567,900
-1,969,100
| -30% | -$247M |
|
192
CALL
Marvell Technology
MRVL
$213B
| $525M | 0.08% |
4,754,100
+1,218,200
| +34% | +$113M |
|
193
PUT
Caterpillar
CAT
$381B
| $525M | 0.08% |
1,447,000
-203,200
| -12% | -$78.8M |
|
|
194
PUT
MongoDB
MDB
$34.7B
| $522M | 0.08% |
2,240,300
+311,400
| +16% | +$87.9M |
|
195
CALL
W.W. Grainger
GWW
$61.8B
| $520M | 0.08% |
493,600
-5,400
| -1% | -$6.08M |
|
196
PUT
Mastercard
MA
$509B
| $519M | 0.08% |
985,000
-105,100
| -10% | -$54.4M |
|
197
Advanced Micro Devices
AMD
$773B
| $517M | 0.08% |
4,284,253
+1,499,555
| +54% | +$216M |
|
198
CALL
Mercado Libre
MELI
$97.5B
| $515M | 0.08% |
302,700
+22,500
| +8% | +$43.8M |
|
199
CALL
United Airlines
UAL
$36.7B
| $509M | 0.08% |
5,241,200
+947,900
| +22% | +$80.1M |
|
|
200
PUT
Morgan Stanley
MS
$336B
| $508M | 0.08% |
4,040,200
-336,400
| -8% | -$41.4M |
|
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.