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 | |
|---|---|---|---|---|---|---|
3026
CALL
iShares Russell Mid-Cap ETF
IWR
$57.1B
| $7.48M | ﹤0.01% |
96,200
+36,500
| +61% | +$2.59M |
|
3027
Iron Mountain
IRM
$35B
| $7.47M | ﹤0.01% |
106,746
-73,390
| -41% | -$4.6M |
|
3028
CALL
RPM International
RPM
$13.6B
| $7.46M | ﹤0.01% |
66,800
+15,700
| +31% | +$1.59M |
|
3029
PUT
MP Materials
MP
$10B
| $7.45M | ﹤0.01% |
375,300
-157,600
| -30% | -$2.69M |
|
3030
CALL
KBR
KBR
$4.79B
| $7.45M | ﹤0.01% |
134,400
-165,700
| -55% | -$9.14M |
|
|
WW
3031
PUT
DELISTED
WW International
WW
| $7.45M | ﹤0.01% |
850,900
+396,100
| +87% | +$3.36M |
|
3032
CALL
Jackson Financial
JXN
$9.09B
| $7.44M | ﹤0.01% |
145,400
-163,200
| -53% | -$7.18M |
|
3033
CALL
SLM Corp
SLM
$4.97B
| $7.44M | ﹤0.01% |
389,200
+338,800
| +672% | +$5.12M |
|
3034
Helmerich & Payne
HP
$4.25B
| $7.43M | ﹤0.01% |
205,047
+108,634
| +113% | +$4.2M |
|
3035
PUT
Levi Strauss
LEVI
$8.19B
| $7.43M | ﹤0.01% |
449,000
-10,900
| -2% | -$162K |
|
3036
PUT
Hormel Foods
HRL
$11.9B
| $7.42M | ﹤0.01% |
231,200
+61,400
| +36% | +$2M |
|
3037
AstraZeneca
AZN
$252B
| $7.42M | ﹤0.01% |
55,113
+36,601
| +198% | +$4.76M |
|
3038
PUT
Rambus
RMBS
$9.3B
| $7.41M | ﹤0.01% |
108,600
+36,700
| +51% | +$2.29M |
|
3039
CALL
Under Armour
UAA
$2.18B
| $7.41M | ﹤0.01% |
842,900
+59,700
| +8% | +$459K |
|
3040
Amplify Junior Silver Miners ETF
SILJ
$4.2B
| $7.4M | ﹤0.01% |
740,447
+258,808
| +54% | +$2.33M |
|
3041
CALL
Equitable Holdings
EQH
$13.7B
| $7.4M | ﹤0.01% |
222,100
+175,200
| +374% | +$5.13M |
|
3042
CALL
CoStar Group
CSGP
$13.1B
| $7.39M | ﹤0.01% |
84,600
+14,900
| +21% | +$1.21M |
|
3043
PUT
United Therapeutics
UTHR
$22.1B
| $7.39M | ﹤0.01% |
33,600
-26,500
| -44% | -$6.11M |
|
3044
Williams-Sonoma
WSM
$27.7B
| $7.39M | ﹤0.01% |
73,210
-27,838
| -28% | -$2.41M |
|
3045
Elbit Systems
ESLT
$33.2B
| $7.39M | ﹤0.01% |
34,631
-18,595
| -35% | -$3.75M |
|
3046
PUT
Otis Worldwide
OTIS
$27.3B
| $7.38M | ﹤0.01% |
82,500
+18,600
| +29% | +$1.55M |
|
3047
PUT
MarketAxess Holdings
MKTX
$5.73B
| $7.38M | ﹤0.01% |
25,200
-6,700
| -21% | -$1.62M |
|
3048
Huron Consulting
HURN
$2.54B
| $7.37M | ﹤0.01% |
71,686
+4,175
| +6% | +$429K |
|
3049
CALL
Groupon
GRPN
$794M
| $7.37M | ﹤0.01% |
573,800
-167,400
| -23% | -$2.01M |
|
3050
CALL
Birkenstock
BIRK
$5.89B
| $7.36M | ﹤0.01% |
+151,100
| New | +$6.54M |
|
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.