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 | |
|---|---|---|---|---|---|---|
201
CALL
FedEx
FDX
$76.9B
| $501M | 0.08% |
1,779,200
+156,300
| +10% | +$43.6M |
|
202
CALL
JD.com
JD
$39.7B
| $494M | 0.07% |
14,235,700
-366,800
| -3% | -$14.2M |
|
203
PUT
T-Mobile US
TMUS
$196B
| $483M | 0.07% |
2,188,600
-99,100
| -4% | -$22.5M |
|
204
CALL
Intuit
INTU
$100B
| $482M | 0.07% |
766,900
+160,600
| +26% | +$103M |
|
205
PUT
Starbucks
SBUX
$122B
| $482M | 0.07% |
5,279,000
-25,800
| -0.5% | -$2.5M |
|
206
PUT
Intel
INTC
$476B
| $481M | 0.07% |
23,999,000
+693,700
| +3% | +$15.6M |
|
207
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $475M | 0.07% |
3,601,600
+1,149,100
| +47% | +$158M |
|
208
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $474M | 0.07% |
1,748,100
-221,300
| -11% | -$63.5M |
|
209
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $474M | 0.07% |
13,978,000
+336,100
| +2% | +$12.9M |
|
210
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $469M | 0.07% |
3,546,600
+162,000
| +5% | +$22.2M |
|
211
Alphabet (Google) Class A
GOOGL
$4.22T
| $469M | 0.07% |
2,476,609
-1,094,082
| -31% | -$191M |
|
212
PUT
Robinhood
HOOD
$97.2B
| $466M | 0.07% |
12,494,100
+5,878,800
| +89% | +$190M |
|
213
PUT
AbbVie
ABBV
$468B
| $461M | 0.07% |
2,595,100
+655,600
| +34% | +$121M |
|
214
CALL
Honeywell
HON
$68.4B
| $452M | 0.07% |
2,122,531
+873,203
| +70% | +$182M |
|
215
CALL
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $450M | 0.07% |
15,383,800
-15,135,100
| -50% | -$486M |
|
216
PUT
iShares Core S&P 500 ETF
IVV
$893B
| $443M | 0.07% |
752,100
+429,100
| +133% | +$254M |
|
217
PUT
American Express
AXP
$227B
| $440M | 0.07% |
1,483,800
-37,100
| -2% | -$10.7M |
|
218
PUT
United States Oil Fund
USO
$2.24B
| $438M | 0.07% |
5,796,100
+2,462,500
| +74% | +$180M |
|
219
CALL
Lam Research
LRCX
$393B
| $428M | 0.06% |
5,932,400
-2,565,600
| -30% | -$195M |
|
220
CALL
Intuitive Surgical
ISRG
$134B
| $428M | 0.06% |
820,700
+154,200
| +23% | +$80.3M |
|
221
CALL
Blackrock
BLK
$179B
| $423M | 0.06% |
412,800
-80,300
| -16% | -$81.5M |
|
222
PUT
AutoZone
AZO
$48.3B
| $420M | 0.06% |
131,100
-4,600
| -3% | -$14.6M |
|
223
PUT
American Airlines Group
AAL
$9.15B
| $412M | 0.06% |
23,651,900
+312,600
| +1% | +$4.49M |
|
|
224
CALL
iShares Core S&P 500 ETF
IVV
$893B
| $411M | 0.06% |
697,500
+276,600
| +66% | +$164M |
|
225
CALL
Delta Air Lines
DAL
$54.2B
| $411M | 0.06% |
6,785,200
+1,458,100
| +27% | +$86.1M |
|
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.