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 | Miscellaneous | 92.55% |
| 2 | Technology | 2.96% |
| 3 | Consumer Discretionary | 1.26% |
| 4 | Financials | 0.68% |
| 5 | Healthcare | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
General Dynamics
GD
$103B
| $16.3M | ﹤0.01% |
57,553
-122,463
| -68% | -$32.8M |
|
2002
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $16.2M | ﹤0.01% |
242,100
+163,800
| +209% | +$10.4M |
|
2003
PUT
BridgeBio Pharma
BBIO
$15.4B
| $16.2M | ﹤0.01% |
525,400
+151,100
| +40% | +$5.14M |
|
|
SKX
2004
CALL
DELISTED
Skechers
SKX
| $16.2M | ﹤0.01% |
264,700
-214,400
| -45% | -$13.1M |
|
2005
CALL
-1x Short VIX Futures ETF
SVIX
$162M
| $16.2M | ﹤0.01% |
382,600
+75,400
| +25% | +$2.99M |
|
2006
Tidewater
TDW
$4.66B
| $16.2M | ﹤0.01% |
175,877
-45,204
| -20% | -$3.37M |
|
2007
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $16.2M | ﹤0.01% |
279,600
-5,300
| -2% | -$299K |
|
2008
Pultegroup
PHM
$24.1B
| $16.1M | ﹤0.01% |
133,875
-177,133
| -57% | -$19M |
|
2009
PUT
Ecolab
ECL
$80.2B
| $16.1M | ﹤0.01% |
69,900
+17,300
| +33% | +$3.67M |
|
2010
Travelers Companies
TRV
$76.9B
| $16.1M | ﹤0.01% |
70,088
-4,209
| -6% | -$899K |
|
2011
PUT
Fidelity National Information Services
FIS
$20.9B
| $16.1M | ﹤0.01% |
217,100
-104,400
| -32% | -$6.8M |
|
2012
CALL
Murphy USA
MUSA
$9.39B
| $16.1M | ﹤0.01% |
38,400
+800
| +2% | +$313K |
|
2013
Ralph Lauren
RL
$21B
| $16.1M | ﹤0.01% |
85,676
+60,603
| +242% | +$10M |
|
2014
PUT
IQVIA
IQV
$43.3B
| $16.1M | ﹤0.01% |
63,600
+50,100
| +371% | +$11.7M |
|
|
CTLT
2015
PUT
DELISTED
CATALENT, INC.
CTLT
| $16.1M | ﹤0.01% |
284,600
+158,400
| +126% | +$8.58M |
|
2016
CALL
United Therapeutics
UTHR
$22.7B
| $16.1M | ﹤0.01% |
69,900
+24,200
| +53% | +$5.46M |
|
2017
PUT
SoundHound AI
SOUN
$3.2B
| $16.1M | ﹤0.01% |
2,726,100
+2,228,500
| +448% | +$8.83M |
|
2018
CALL
AerCap
AER
$23.1B
| $16M | ﹤0.01% |
184,500
+34,300
| +23% | +$2.69M |
|
2019
Roper Technologies
ROP
$41.6B
| $16M | ﹤0.01% |
28,586
-24,475
| -46% | -$13.4M |
|
|
GRMN
2020
PUT
Garmin
GRMN
$56B
| $16M | ﹤0.01% |
107,500
+65,600
| +157% | +$8.65M |
|
2021
CALL
Aramark
ARMK
$15.6B
| $16M | ﹤0.01% |
491,800
-283,900
| -37% | -$8.55M |
|
2022
CALL
iShares Russell 1000 ETF
IWB
$49.2B
| $16M | ﹤0.01% |
55,500
-35,800
| -39% | -$9.81M |
|
2023
State Street SPDR S&P Homebuilders ETF
XHB
$1.39B
| $16M | ﹤0.01% |
143,237
+49,857
| +53% | +$4.98M |
|
2024
Arm
ARM
$268B
| $16M | ﹤0.01% |
+127,848
| New | +$13.5M |
|
2025
CALL
Markel Group
MKL
$22.4B
| $16M | ﹤0.01% |
10,500
| – | – |
|
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 Miscellaneous at 93% of assets, up from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.