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 | |
|---|---|---|---|---|---|---|
3201
CALL
QuidelOrtho
QDEL
$1.01B
| $6.71M | ﹤0.01% |
91,100
-49,100
| -35% | -$3.32M |
|
3202
HF Sinclair
DINO
$17.7B
| $6.71M | ﹤0.01% |
120,802
+68,204
| +130% | +$3.72M |
|
3203
PAR Technology
PAR
$792M
| $6.71M | ﹤0.01% |
154,178
-71,525
| -32% | -$2.69M |
|
3204
CALL
MACOM Technology Solutions
MTSI
$20.3B
| $6.71M | ﹤0.01% |
72,200
-13,300
| -16% | -$1.09M |
|
3205
Teledyne Technologies
TDY
$28.8B
| $6.71M | ﹤0.01% |
15,036
-6,835
| -31% | -$2.74M |
|
3206
JPMorgan Limited Duration Bond ETF
JPLD
$4.03B
| $6.71M | ﹤0.01% |
132,520
+76,495
| +137% | +$3.83M |
|
3207
PUT
Biomea Fusion
BMEA
$125M
| $6.71M | ﹤0.01% |
461,800
+435,100
| +1,630% | +$5.29M |
|
3208
CALL
ProShares UltraPro Short Dow 30
SDOW
$159M
| $6.69M | ﹤0.01% |
91,000
-11,525
| -11% | -$1.08M |
|
3209
PUT
Liquidia Corp
LQDA
$6.06B
| $6.69M | ﹤0.01% |
555,800
+360,200
| +184% | +$2.59M |
|
3210
CALL
H&R Block
HRB
$6.47B
| $6.68M | ﹤0.01% |
138,200
-58,600
| -30% | -$2.61M |
|
3211
CMS Energy
CMS
$21.4B
| $6.68M | ﹤0.01% |
115,010
-260,200
| -69% | -$14.5M |
|
3212
PUT
Nordic American Tanker
NAT
$1.43B
| $6.68M | ﹤0.01% |
1,589,800
+649,000
| +69% | +$2.76M |
|
3213
CALL
Regal Rexnord
RRX
$10.5B
| $6.68M | ﹤0.01% |
45,100
+24,700
| +121% | +$3.12M |
|
3214
Northern Oil and Gas
NOG
$2.74B
| $6.67M | ﹤0.01% |
180,049
+129,111
| +253% | +$4.88M |
|
|
ONC
3215
PUT
BeOne Medicines Ltd
ONC
$41.5B
| $6.67M | ﹤0.01% |
37,000
+17,700
| +92% | +$3.2M |
|
3216
CALL
Canadian National Railway
CNI
$76.2B
| $6.67M | ﹤0.01% |
53,100
-73,900
| -58% | -$8.37M |
|
3217
iShares MSCI Australia ETF
EWA
$1.34B
| $6.65M | ﹤0.01% |
273,395
+181,914
| +199% | +$4.03M |
|
3218
PUT
American Water Works
AWK
$27.5B
| $6.65M | ﹤0.01% |
50,400
-25,000
| -33% | -$3.15M |
|
3219
CALL
FTI Consulting
FCN
$4.25B
| $6.65M | ﹤0.01% |
33,400
+30,800
| +1,185% | +$6.37M |
|
3220
Suncor Energy
SU
$76.5B
| $6.65M | ﹤0.01% |
207,436
+171,643
| +480% | +$5.6M |
|
3221
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.6B
| $6.64M | ﹤0.01% |
462,600
-807,700
| -64% | -$11.3M |
|
3222
PUT
Vista Energy
VIST
$7.76B
| $6.63M | ﹤0.01% |
224,700
+162,500
| +261% | +$4.79M |
|
3223
iShares Currency Hedged MSCI Japan ETF
HEWJ
$746M
| $6.63M | ﹤0.01% |
189,861
+170,952
| +904% | +$5.92M |
|
3224
Tecnoglass Holdings
TGLS
$1.78B
| $6.62M | ﹤0.01% |
144,928
+26,056
| +22% | +$942K |
|
3225
First Majestic Silver
AG
$10.2B
| $6.62M | ﹤0.01% |
1,076,814
-553,931
| -34% | -$3.05M |
|
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.