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 |
Alibaba
BABA
|
+$422M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$411M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$351M |
| 4 |
Pfizer
PFE
|
+$331M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.28B |
| 2 |
Meta Platforms (Facebook)
META
|
+$989M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$953M |
| 4 |
Amazon
AMZN
|
+$816M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$782M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.23% |
| 2 | Technology | 2.06% |
| 3 | Consumer Discretionary | 1.41% |
| 4 | Healthcare | 0.83% |
| 5 | Financials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2651
CALL
Trex
TREX
$4.58B
| $9.78M | ﹤0.01% |
118,100
+34,000
| +40% | +$2.26M |
|
|
BECN
2652
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.78M | ﹤0.01% |
112,349
+23,085
| +26% | +$1.81M |
|
2653
PUT
Sensata Technologies
ST
$6.01B
| $9.77M | ﹤0.01% |
260,000
+253,900
| +4,162% | +$8.77M |
|
2654
CALL
Everest Group
EG
$14.5B
| $9.76M | ﹤0.01% |
27,600
+16,500
| +149% | +$6.39M |
|
2655
CALL
Coty
COTY
$2.46B
| $9.74M | ﹤0.01% |
784,300
-240,600
| -23% | -$2.6M |
|
2656
Schwab US REIT ETF
SCHH
$11.3B
| $9.72M | ﹤0.01% |
469,359
+320,305
| +215% | +$5.95M |
|
2657
CALL
Northern Trust
NTRS
$34.2B
| $9.71M | ﹤0.01% |
115,100
-200,000
| -63% | -$14.8M |
|
2658
PUT
Viatris
VTRS
$18.9B
| $9.7M | ﹤0.01% |
896,000
-175,100
| -16% | -$1.68M |
|
|
CPE
2659
DELISTED
Callon Petroleum Company
CPE
| $9.7M | ﹤0.01% |
299,407
+132,724
| +80% | +$4.55M |
|
2660
PUT
Manchester United
MANU
$3.84B
| $9.7M | ﹤0.01% |
475,800
-333,800
| -41% | -$6.33M |
|
2661
CALL
Warner Music
WMG
$14.7B
| $9.7M | ﹤0.01% |
270,900
-33,700
| -11% | -$1.11M |
|
2662
The Mosaic Company
MOS
$7.44B
| $9.67M | ﹤0.01% |
270,649
-149,801
| -36% | -$5.29M |
|
2663
CALL
FTAI Aviation
FTAI
$20B
| $9.67M | ﹤0.01% |
208,300
-12,600
| -6% | -$503K |
|
|
BLD
2664
CALL
DELISTED
TopBuild
BLD
| $9.66M | ﹤0.01% |
25,800
+14,300
| +124% | +$4.09M |
|
2665
PUT
Mattel
MAT
$4.35B
| $9.64M | ﹤0.01% |
510,700
+148,300
| +41% | +$2.88M |
|
|
CMA
2666
DELISTED
Comerica
CMA
| $9.63M | ﹤0.01% |
172,588
-42,635
| -20% | -$1.93M |
|
2667
Omnicom Group
OMC
$24.3B
| $9.61M | ﹤0.01% |
111,079
+40,928
| +58% | +$3.23M |
|
2668
CALL
Unum
UNM
$14.6B
| $9.61M | ﹤0.01% |
212,500
-51,400
| -19% | -$2.34M |
|
2669
PUT
Starwood Property Trust
STWD
$5.9B
| $9.61M | ﹤0.01% |
457,000
+152,000
| +50% | +$2.98M |
|
|
HDV
2670
CALL
iShares Core High Dividend ETF
HDV
$15.2B
| $9.58M | ﹤0.01% |
469,500
+170,000
| +57% | +$3.35M |
|
2671
PUT
Macerich
MAC
$6.79B
| $9.57M | ﹤0.01% |
620,300
+77,800
| +14% | +$927K |
|
2672
Elastic
ESTC
$10.3B
| $9.55M | ﹤0.01% |
84,741
-3,531
| -4% | -$314K |
|
2673
State Street SPDR S&P Dividend ETF
SDY
$22B
| $9.54M | ﹤0.01% |
76,375
+69,797
| +1,061% | +$8.19M |
|
2674
CALL
Immunovant
IMVT
$8.66B
| $9.54M | ﹤0.01% |
226,500
-68,200
| -23% | -$2.51M |
|
2675
CALL
Eldorado Gold
EGO
$12B
| $9.54M | ﹤0.01% |
735,200
-4,037,100
| -85% | -$45.4M |
|
Similar funds
Jeff Yass's Q4 2023 Portfolio in Review
As of Q4 2023, Jeff Yass held 13,823 positions worth $525B, up 9.3% from $481B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q4 2023 filing shows 1,903 new, 5,066 increased, 5,122 reduced and 1,577 closed positions. Its largest new stake was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $4.28B.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q4 2023 buy was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M.
- Jeff Yass added most to Alibaba in Q4 2023, an estimated $422M increase.
- Jeff Yass's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $4.28B.
- Jeff Yass fully exited VMware, Inc in Q4 2023, selling an estimated $313M.
- Jeff Yass's ten largest holdings make up 24% of its $525B portfolio in Q4 2023.
- Jeff Yass opened 1,903 new positions and closed 1,577 in Q4 2023.
- Jeff Yass's portfolio value rose 9.3% quarter-over-quarter to $525B.
Based on Susquehanna International Group's 13F filing for Q4 2023, filed 14 Feb 2024.