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 | |
|---|---|---|---|---|---|---|
2851
Mettler-Toledo International
MTD
$28B
| $8.47M | ﹤0.01% |
6,979
-1,852
| -21% | -$2M |
|
2852
PUT
Ultragenyx Pharmaceutical
RARE
$2.53B
| $8.46M | ﹤0.01% |
177,000
-49,800
| -22% | -$1.93M |
|
2853
CALL
Edison International
EIX
$27.2B
| $8.44M | ﹤0.01% |
118,000
-75,600
| -39% | -$4.97M |
|
2854
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
| $8.43M | ﹤0.01% |
80,384
+22,323
| +38% | +$2.19M |
|
2855
CALL
RBC Bearings
RBC
$15.9B
| $8.43M | ﹤0.01% |
29,600
-8,100
| -21% | -$1.99M |
|
2856
CALL
LegalZoom.com
LZ
$1.05B
| $8.4M | ﹤0.01% |
743,200
-338,300
| -31% | -$3.68M |
|
2857
CALL
Globalstar
GSAT
$10.6B
| $8.39M | ﹤0.01% |
288,307
+59,267
| +26% | +$1.3M |
|
2858
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54.6B
| $8.39M | ﹤0.01% |
+128,924
| New | +$7.95M |
|
2859
PUT
Shift4
FOUR
$3.52B
| $8.39M | ﹤0.01% |
112,800
-190,600
| -63% | -$11.4M |
|
2860
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.44B
| $8.38M | ﹤0.01% |
44,899
+33,407
| +291% | +$5.58M |
|
2861
Immunovant
IMVT
$8.52B
| $8.37M | ﹤0.01% |
198,712
+82,376
| +71% | +$3.03M |
|
2862
CALL
Avery Dennison
AVY
$13.5B
| $8.37M | ﹤0.01% |
41,400
+29,500
| +248% | +$5.51M |
|
|
BKDT
2863
DELISTED
Brookdale Senior Living Inc. 7.00% Tangible Equity Units
BKDT
| $8.36M | ﹤0.01% |
100,000
| – | – |
|
2864
CALL
Schwab US Broad Market ETF
SCHB
$44.7B
| $8.36M | ﹤0.01% |
450,300
-134,700
| -23% | -$2.33M |
|
2865
Globus Medical
GMED
$11.2B
| $8.35M | ﹤0.01% |
156,718
-164,857
| -51% | -$8.03M |
|
2866
PUT
Leggett & Platt
LEG
| $8.35M | ﹤0.01% |
319,100
+106,300
| +50% | +$2.61M |
|
2867
Hormel Foods
HRL
$11.8B
| $8.35M | ﹤0.01% |
259,970
-155,362
| -37% | -$5.07M |
|
2868
CALL
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $8.33M | ﹤0.01% |
267,100
-203,000
| -43% | -$6.06M |
|
2869
CALL
DoubleVerify
DV
$2.07B
| $8.33M | ﹤0.01% |
226,500
-137,800
| -38% | -$4.29M |
|
2870
PUT
Deutsche Bank
DB
$75.9B
| $8.31M | ﹤0.01% |
613,600
-80,600
| -12% | -$949K |
|
2871
CALL
Verisk Analytics
VRSK
$24.9B
| $8.31M | ﹤0.01% |
34,800
-99,700
| -74% | -$23.6M |
|
|
AVB
2872
DELISTED
AvalonBay Communities
AVB
| $8.31M | ﹤0.01% |
44,383
-70,254
| -61% | -$12.3M |
|
2873
iShares Global Healthcare ETF
IXJ
$4.3B
| $8.3M | ﹤0.01% |
+95,693
| New | +$7.93M |
|
2874
CALL
Main Street Capital
MAIN
$5.48B
| $8.29M | ﹤0.01% |
191,800
+45,600
| +31% | +$1.86M |
|
2875
Amylyx Pharmaceuticals
AMLX
$3.88B
| $8.29M | ﹤0.01% |
562,940
+346,186
| +160% | +$5.31M |
|
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.