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 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$521M |
| 2 |
Nike
NKE
|
+$509M |
| 3 |
Micron Technology
MU
|
+$439M |
| 4 |
Super Micro Computer
SMCI
|
+$435M |
| 5 |
Broadcom
AVGO
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$5.31B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.89B |
| 3 |
Amazon
AMZN
|
+$1.48B |
| 4 |
Microsoft
MSFT
|
+$1.07B |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.03% |
| 3 | Financials | 0.75% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
PUT
Bristol-Myers Squibb
BMY
$137B
| $394M | 0.07% |
9,495,300
+5,343,700
| +129% | +$239M |
|
202
CALL
Blackstone
BX
$108B
| $394M | 0.07% |
3,182,600
-515,600
| -14% | -$63.4M |
|
203
PUT
Wells Fargo
WFC
$254B
| $392M | 0.07% |
6,598,900
-804,900
| -11% | -$47.5M |
|
204
CALL
Verizon
VZ
$205B
| $383M | 0.07% |
9,277,800
-3,207,300
| -26% | -$129M |
|
205
Alphabet (Google) Class C
GOOG
$4.18T
| $381M | 0.07% |
2,076,080
+23,674
| +1% | +$4.03M |
|
206
CALL
Valero Energy
VLO
$100B
| $381M | 0.07% |
2,428,200
-88,000
| -3% | -$14.2M |
|
207
CALL
Lockheed Martin
LMT
$130B
| $380M | 0.07% |
813,300
+12,200
| +2% | +$5.64M |
|
208
CALL
Target
TGT
$75.1B
| $378M | 0.07% |
2,553,100
-1,513,200
| -37% | -$238M |
|
209
CALL
Carvana
CVNA
$76.9B
| $377M | 0.07% |
14,653,500
+639,000
| +5% | +$12.9M |
|
210
CALL
United Parcel Service
UPS
$86.8B
| $376M | 0.07% |
2,745,700
-490,100
| -15% | -$70.2M |
|
211
CALL
DoorDash
DASH
$96.8B
| $375M | 0.07% |
3,443,300
-2,334,300
| -40% | -$281M |
|
212
PUT
VanEck Gold Miners ETF
GDX
$32B
| $373M | 0.07% |
10,995,400
-1,793,000
| -14% | -$61.5M |
|
213
PUT
Visa
V
$693B
| $371M | 0.07% |
1,412,000
-766,900
| -35% | -$210M |
|
214
Booking.com
BKNG
$158B
| $365M | 0.07% |
2,302,225
-531,150
| -19% | -$78.7M |
|
215
CALL
Vertiv
VRT
$101B
| $365M | 0.07% |
4,212,400
+580,600
| +16% | +$52.9M |
|
216
PUT
AutoZone
AZO
$48.3B
| $364M | 0.07% |
122,700
+1,900
| +2% | +$5.56M |
|
217
PUT
American Airlines Group
AAL
$9.15B
| $355M | 0.07% |
31,334,500
+19,183,800
| +158% | +$252M |
|
218
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $354M | 0.07% |
13,632,800
-4,930,600
| -27% | -$129M |
|
219
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $353M | 0.07% |
336,100
-47,600
| -12% | -$46.1M |
|
|
220
PUT
DoorDash
DASH
$96.8B
| $353M | 0.07% |
3,241,500
+1,192,100
| +58% | +$144M |
|
221
CALL
Occidental Petroleum
OXY
$61.3B
| $352M | 0.07% |
5,584,600
-2,397,000
| -30% | -$154M |
|
222
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $350M | 0.07% |
7,136,300
-4,993,500
| -41% | -$241M |
|
223
PUT
MongoDB
MDB
$34.7B
| $350M | 0.07% |
1,399,400
+146,300
| +12% | +$46.2M |
|
224
CALL
W.W. Grainger
GWW
$61.8B
| $349M | 0.07% |
387,200
+20,400
| +6% | +$19.2M |
|
225
CALL
Spotify
SPOT
$110B
| $349M | 0.07% |
1,112,200
-315,800
| -22% | -$95.1M |
|
Similar funds
Jeff Yass's Q2 2024 Portfolio in Review
As of Q2 2024, Jeff Yass held 13,638 positions worth $537B, down 6.7% from $576B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass withdrew a net $65.7B in Q2 2024, closing 1,726 positions and reducing 5,607 holdings. Its most notable exit was iShares MSCI USA Quality Factor ETF, an estimated $26.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in NextEra Energy 7.299% Corporate Units worth $127M.
- Jeff Yass's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 2,575,000 shares worth $127M.
- Jeff Yass added most to Vanguard FTSE Developed Markets ETF in Q2 2024, an estimated $521M increase.
- Jeff Yass's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $5.31B.
- Jeff Yass fully exited iShares MSCI USA Quality Factor ETF in Q2 2024, selling an estimated $26.2M.
- Jeff Yass's ten largest holdings make up 26% of its $537B portfolio in Q2 2024.
- Jeff Yass opened 1,591 new positions and closed 1,726 in Q2 2024.
- Jeff Yass's portfolio value fell 6.7% quarter-over-quarter to $537B.
Based on Susquehanna International Group's 13F filing for Q2 2024, filed 15 Aug 2024.