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 | |
|---|---|---|---|---|---|---|
201
CALL
Intuit
INTU
$100B
| $432M | 0.08% |
664,200
-83,400
| -11% | -$53.2M |
|
202
CALL
American Express
AXP
$227B
| $432M | 0.07% |
1,895,500
+270,900
| +17% | +$56.2M |
|
203
PUT
Humana
HUM
$45.5B
| $431M | 0.07% |
1,243,700
+138,000
| +12% | +$52.3M |
|
204
PUT
IBM
IBM
$222B
| $431M | 0.07% |
2,257,200
+102,700
| +5% | +$18.7M |
|
205
CALL
Valero Energy
VLO
$100B
| $429M | 0.07% |
2,516,200
+800,600
| +47% | +$115M |
|
206
PUT
Wells Fargo
WFC
$254B
| $429M | 0.07% |
7,403,800
-4,942,200
| -40% | -$259M |
|
207
Broadcom
AVGO
$1.75T
| $429M | 0.07% |
3,235,090
-441,210
| -12% | -$54.7M |
|
208
CALL
Starbucks
SBUX
$122B
| $428M | 0.07% |
4,688,300
+202,600
| +5% | +$18.8M |
|
209
PUT
United Parcel Service
UPS
$86.8B
| $424M | 0.07% |
2,853,500
+1,935,200
| +211% | +$294M |
|
210
PUT
Merck
MRK
$376B
| $424M | 0.07% |
3,209,800
+365,600
| +13% | +$45.1M |
|
211
Strategy Inc
MSTR
$47.4B
| $417M | 0.07% |
2,448,630
-423,170
| -15% | -$38.6M |
|
212
PUT
iShares Semiconductor ETF
SOXX
$41.3B
| $416M | 0.07% |
1,839,800
-601,600
| -25% | -$125M |
|
213
Pfizer
PFE
$160B
| $413M | 0.07% |
14,879,173
-2,968,135
| -17% | -$82.4M |
|
214
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $412M | 0.07% |
2,789,700
-125,500
| -4% | -$18M |
|
215
Booking.com
BKNG
$158B
| $411M | 0.07% |
2,833,375
+97,075
| +4% | +$13.8M |
|
216
CALL
Deere & Co
DE
$175B
| $411M | 0.07% |
1,000,900
+227,800
| +29% | +$87.3M |
|
217
PUT
Applied Materials
AMAT
$391B
| $410M | 0.07% |
1,986,300
+1,500
| +0.1% | +$275K |
|
218
CALL
Shopify
SHOP
$192B
| $408M | 0.07% |
5,286,700
-2,971,600
| -36% | -$235M |
|
219
PUT
Johnson & Johnson
JNJ
$651B
| $408M | 0.07% |
2,578,900
-267,000
| -9% | -$42.5M |
|
220
PUT
Morgan Stanley
MS
$336B
| $408M | 0.07% |
4,329,500
-126,000
| -3% | -$11.1M |
|
221
CALL
Accenture
ACN
$113B
| $407M | 0.07% |
1,175,400
+305,400
| +35% | +$111M |
|
222
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $404M | 0.07% |
12,788,400
-6,801,400
| -35% | -$193M |
|
223
CALL
Marathon Petroleum
MPC
$101B
| $403M | 0.07% |
1,998,500
+230,300
| +13% | +$39.4M |
|
224
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $401M | 0.07% |
4,365,400
+890,600
| +26% | +$79.3M |
|
225
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $401M | 0.07% |
12,377,300
-2,383,600
| -16% | -$78.9M |
|
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.