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 | |
|---|---|---|---|---|---|---|
|
SUM
2951
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $7.91M | ﹤0.01% |
205,746
-210,110
| -51% | -$7.28M |
|
2952
CALL
Pentair
PNR
$9.84B
| $7.91M | ﹤0.01% |
108,800
+83,900
| +337% | +$5.41M |
|
2953
Entergy
ETR
$49.3B
| $7.91M | ﹤0.01% |
156,274
-583,036
| -79% | -$28.5M |
|
2954
PENN Entertainment
PENN
$2.33B
| $7.9M | ﹤0.01% |
303,526
-743,753
| -71% | -$17.2M |
|
2955
Global X Cloud Computing ETF
CLOU
$383M
| $7.9M | ﹤0.01% |
348,444
+79,056
| +29% | +$1.57M |
|
2956
PUT
Semtech
SMTC
$12.2B
| $7.89M | ﹤0.01% |
360,300
+212,700
| +144% | +$3.95M |
|
2957
CALL
Kyndryl
KD
$2.88B
| $7.89M | ﹤0.01% |
379,500
-105,800
| -22% | -$1.81M |
|
2958
T. Rowe Price
TROW
$23.7B
| $7.88M | ﹤0.01% |
73,188
-12,121
| -14% | -$1.21M |
|
2959
Shift4
FOUR
$3.47B
| $7.88M | ﹤0.01% |
106,001
-102,289
| -49% | -$6.1M |
|
2960
PUT
Murphy USA
MUSA
$9.25B
| $7.88M | ﹤0.01% |
22,100
+13,900
| +170% | +$5.04M |
|
2961
Vanguard FTSE Emerging Markets ETF
VWO
$127B
| $7.86M | ﹤0.01% |
191,191
-324,761
| -63% | -$12.9M |
|
2962
CALL
Installed Building Products
IBP
$6.53B
| $7.84M | ﹤0.01% |
42,900
+31,700
| +283% | +$4.45M |
|
2963
PUT
Verisk Analytics
VRSK
$25B
| $7.83M | ﹤0.01% |
32,800
-12,800
| -28% | -$3.03M |
|
2964
Packaging Corp of America
PKG
$21.4B
| $7.83M | ﹤0.01% |
48,091
-2,966
| -6% | -$467K |
|
2965
PUT
Eversource Energy
ES
$26.7B
| $7.83M | ﹤0.01% |
126,800
-4,400
| -3% | -$254K |
|
2966
PUT
Valley National Bancorp
VLY
$7.69B
| $7.82M | ﹤0.01% |
719,900
-809,500
| -53% | -$7.26M |
|
|
CGC
2967
PUT
Canopy Growth
CGC
$449M
| $7.81M | ﹤0.01% |
1,529,200
+1,323,680
| +644% | +$7.88M |
|
|
PPL
2968
PPL Corp
PPL
$25.7B
| $7.8M | ﹤0.01% |
287,976
-640,252
| -69% | -$16.2M |
|
2969
CALL
B&G Foods
BGS
$286M
| $7.79M | ﹤0.01% |
741,900
-225,400
| -23% | -$2.09M |
|
2970
CALL
ProShares Ultra Gold
UGL
$852M
| $7.79M | ﹤0.01% |
487,600
+403,200
| +478% | +$6M |
|
2971
Jackson Financial
JXN
$9.09B
| $7.78M | ﹤0.01% |
151,997
+47,404
| +45% | +$2.09M |
|
2972
PUT
Jones Lang LaSalle
JLL
$17.4B
| $7.78M | ﹤0.01% |
41,200
-2,000
| -5% | -$303K |
|
2973
Franklin FTSE Europe ETF
FLEE
$120M
| $7.78M | ﹤0.01% |
275,837
+255,272
| +1,241% | +$6.71M |
|
2974
PUT
Emcor
EME
$32.6B
| $7.78M | ﹤0.01% |
36,100
+4,300
| +14% | +$902K |
|
2975
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.4B
| $7.78M | ﹤0.01% |
77,484
+11,918
| +18% | +$1.16M |
|
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.