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 | Miscellaneous | 93.3% |
| 2 | Technology | 1.97% |
| 3 | Financials | 0.89% |
| 4 | Consumer Discretionary | 0.83% |
| 5 | Healthcare | 0.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
CALL
Ares Capital
ARCC
$14.3B
| $17.3M | ﹤0.01% |
791,500
-198,100
| -20% | -$4.27M |
|
2002
Rockwell Automation
ROK
$48B
| $17.2M | ﹤0.01% |
60,211
+9,624
| +19% | +$2.71M |
|
2003
CALL
Booz Allen Hamilton
BAH
$9.01B
| $17.2M | ﹤0.01% |
133,700
+111,500
| +502% | +$17.3M |
|
2004
PUT
GXO Logistics
GXO
$5.5B
| $17.2M | ﹤0.01% |
395,300
+357,500
| +946% | +$19.7M |
|
2005
CALL
CDW
CDW
$18.3B
| $17.2M | ﹤0.01% |
98,800
-47,900
| -33% | -$9.31M |
|
2006
PUT
Sony
SONY
$140B
| $17.2M | ﹤0.01% |
810,500
-67,000
| -8% | -$1.31M |
|
2007
CALL
AngloGold Ashanti
AU
$59.7B
| $17.1M | ﹤0.01% |
742,500
+275,300
| +59% | +$7.19M |
|
2008
CAVA Group
CAVA
$7.83B
| $17.1M | ﹤0.01% |
151,654
-2,302
| -1% | -$307K |
|
2009
CALL
Ralph Lauren
RL
$21B
| $17.1M | ﹤0.01% |
74,000
-170,900
| -70% | -$36.4M |
|
2010
Allison Transmission
ALSN
$10.7B
| $17.1M | ﹤0.01% |
158,110
+30,582
| +24% | +$3.34M |
|
2011
PUT
Motorola Solutions
MSI
$80.4B
| $17.1M | ﹤0.01% |
36,900
-8,100
| -18% | -$3.84M |
|
2012
Kroger
KR
$35B
| $17M | ﹤0.01% |
277,916
-20,087
| -7% | -$1.18M |
|
2013
LPL Financial
LPLA
$28.4B
| $17M | ﹤0.01% |
51,972
-16,928
| -25% | -$5.01M |
|
2014
Avantis International Small Cap Value ETF
AVDV
$20.4B
| $17M | ﹤0.01% |
+260,582
| New | +$17.6M |
|
2015
Acadia Pharmaceuticals
ACAD
$5.11B
| $16.9M | ﹤0.01% |
923,485
+249,366
| +37% | +$4.02M |
|
2016
Keurig Dr Pepper
KDP
$43.7B
| $16.9M | ﹤0.01% |
527,431
+386,204
| +273% | +$13.1M |
|
2017
Howmet Aerospace
HWM
$106B
| $16.9M | ﹤0.01% |
154,383
+100,679
| +187% | +$11M |
|
2018
CALL
ProShares UltraPro Short S&P 500
SPXU
$387M
| $16.9M | ﹤0.01% |
187,075
-63,500
| -25% | -$5.75M |
|
2019
CALL
Asana
ASAN
$2.35B
| $16.9M | ﹤0.01% |
831,500
+301,800
| +57% | +$4.78M |
|
2020
Old Dominion Freight Line
ODFL
$41.4B
| $16.8M | ﹤0.01% |
95,468
+64,275
| +206% | +$13.1M |
|
|
JBTM
2021
JBT Marel
JBTM
$6.09B
| $16.8M | ﹤0.01% |
132,257
+39,918
| +43% | +$4.61M |
|
2022
CALL
Idexx Laboratories
IDXX
$42.9B
| $16.8M | ﹤0.01% |
40,600
-19,700
| -33% | -$8.64M |
|
2023
CALL
Trip.com Group
TCOM
$28.1B
| $16.8M | ﹤0.01% |
244,400
-62,500
| -20% | -$4.13M |
|
|
NUVL
2024
CALL
DELISTED
Nuvalent
NUVL
| $16.8M | ﹤0.01% |
214,100
+65,600
| +44% | +$6.13M |
|
2025
CALL
Groupon
GRPN
$789M
| $16.8M | ﹤0.01% |
1,379,300
+63,900
| +5% | +$670K |
|
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's Q4 2024 filing shows 1,862 new, 5,386 increased, 4,790 reduced and 1,590 closed positions. Its largest new stake was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M. The largest sale was iShares 20+ Year Treasury Bond ETF, an estimated $1.26B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, down from 94% a quarter earlier, followed by Technology and Financials.
- 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.