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 | |
|---|---|---|---|---|---|---|
|
1
CALL
NVIDIA
NVDA
$5.2T
| $27.6B | 5.14% |
223,499,800
-61,021,200
| -21% | -$6.17B |
|
|
2
PUT
NVIDIA
NVDA
$5.2T
| $22.5B | 4.19% |
182,087,400
-107,031,600
| -37% | -$10.8B |
|
|
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $19.3B | 3.59% |
35,476,300
-6,861,400
| -16% | -$3.59B |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $16.1B | 2.99% |
29,541,200
-5,288,500
| -15% | -$2.77B |
|
5
PUT
Invesco QQQ Trust
QQQ
$486B
| $10.5B | 1.95% |
21,895,200
-447,200
| -2% | -$201M |
|
|
6
CALL
Invesco QQQ Trust
QQQ
$486B
| $10.4B | 1.94% |
21,733,600
-520,200
| -2% | -$234M |
|
7
CALL
Apple
AAPL
$4.51T
| $10B | 1.87% |
47,697,400
+9,801,200
| +26% | +$1.83B |
|
|
8
CALL
Microsoft
MSFT
$3.59T
| $8.88B | 1.65% |
19,867,700
+1,616,300
| +9% | +$683M |
|
9
CALL
Tesla
TSLA
$1.43T
| $8.32B | 1.55% |
42,067,700
-1,088,600
| -3% | -$190M |
|
|
10
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $7.44B | 1.38% |
13,666,739
-5,518,405
| -29% | -$2.89B |
|
11
CALL
Meta Platforms (Facebook)
META
$1.4T
| $6.91B | 1.29% |
13,711,700
-2,671,400
| -16% | -$1.3B |
|
|
12
PUT
Tesla
TSLA
$1.43T
| $6.9B | 1.28% |
34,862,100
-5,021,800
| -13% | -$878M |
|
|
13
PUT
Microsoft
MSFT
$3.59T
| $6.73B | 1.25% |
15,059,500
+1,685,300
| +13% | +$712M |
|
|
14
PUT
Meta Platforms (Facebook)
META
$1.4T
| $6.21B | 1.16% |
12,321,500
-801,400
| -6% | -$390M |
|
|
15
PUT
Apple
AAPL
$4.51T
| $5.68B | 1.06% |
26,983,000
-2,335,700
| -8% | -$436M |
|
|
16
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $5.59B | 1.04% |
27,562,600
-5,879,900
| -18% | -$1.19B |
|
|
17
CALL
Amazon
AMZN
$2.79T
| $5.55B | 1.03% |
28,729,600
-8,262,500
| -22% | -$1.52B |
|
|
18
PUT
Amazon
AMZN
$2.79T
| $5.48B | 1.02% |
28,381,400
-3,835,100
| -12% | -$705M |
|
|
19
CALL
Broadcom
AVGO
$1.75T
| $5.32B | 0.99% |
33,145,000
+8,775,000
| +36% | +$1.23B |
|
|
20
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $4.63B | 0.86% |
22,843,200
+5,757,200
| +34% | +$1.16B |
|
|
21
PUT
Broadcom
AVGO
$1.75T
| $4.6B | 0.86% |
28,651,000
+7,356,000
| +35% | +$1.03B |
|
22
PUT
Qualcomm
QCOM
$169B
| $3.2B | 0.6% |
16,086,800
+721,400
| +5% | +$136M |
|
|
23
PUT
Super Micro Computer
SMCI
$24.1B
| $3B | 0.56% |
36,667,000
-288,000
| -0.8% | -$24.6M |
|
24
CALL
TSMC
TSM
$2.17T
| $2.78B | 0.52% |
15,966,700
-2,593,800
| -14% | -$393M |
|
25
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.76B | 0.51% |
15,169,200
-8,417,600
| -36% | -$1.42B |
|
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.