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 | |
|---|---|---|---|---|---|---|
|
ETRN
3276
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $6.38M | ﹤0.01% |
626,737
+577,327
| +1,168% | +$5.43M |
|
3277
CALL
Gen Digital
GEN
$18.6B
| $6.38M | ﹤0.01% |
279,500
-48,000
| -15% | -$951K |
|
3278
PUT
First Majestic Silver
AG
$10.2B
| $6.37M | ﹤0.01% |
1,036,500
-443,700
| -30% | -$2.44M |
|
3279
Vermilion Energy
VET
$1.9B
| $6.37M | ﹤0.01% |
528,424
+145,774
| +38% | +$1.93M |
|
3280
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $6.37M | ﹤0.01% |
79,500
-13,400
| -14% | -$986K |
|
3281
First Trust North American Energy Infrastructure Fund
EMLP
$4.15B
| $6.37M | ﹤0.01% |
230,029
+87,593
| +61% | +$2.36M |
|
|
GTLS.PRB
3282
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
| $6.36M | ﹤0.01% |
114,500
-138,000
| -55% | -$7.65M |
|
3283
Rocket Lab Corp
RKLB
$41.2B
| $6.36M | ﹤0.01% |
1,150,673
+222,680
| +24% | +$1.01M |
|
3284
CALL
CVR Energy
CVI
$4.2B
| $6.36M | ﹤0.01% |
210,000
+21,100
| +11% | +$667K |
|
3285
Energy Fuels
UUUU
$3.67B
| $6.36M | ﹤0.01% |
884,146
+280,192
| +46% | +$2.17M |
|
|
SMAR
3286
PUT
DELISTED
Smartsheet Inc.
SMAR
| $6.36M | ﹤0.01% |
132,900
+6,000
| +5% | +$256K |
|
3287
MGM Resorts International
MGM
$10.6B
| $6.35M | ﹤0.01% |
142,202
-536,371
| -79% | -$21M |
|
3288
CALL
Aehr Test Systems
AEHR
$2.64B
| $6.35M | ﹤0.01% |
239,400
-128,100
| -35% | -$3.74M |
|
3289
PUT
Seadrill
SDRL
$2.98B
| $6.35M | ﹤0.01% |
134,300
+104,000
| +343% | +$4.41M |
|
3290
PUT
Impinj
PI
$5.2B
| $6.35M | ﹤0.01% |
70,500
+21,000
| +42% | +$1.51M |
|
3291
PUT
CoStar Group
CSGP
$13.1B
| $6.34M | ﹤0.01% |
72,600
-15,200
| -17% | -$1.23M |
|
3292
JPMorgan High Yield Municipal ETF
JMHI
$292M
| $6.34M | ﹤0.01% |
127,900
+84,400
| +194% | +$4.04M |
|
3293
PUT
Compañía de Minas Buenaventura
BVN
$8.92B
| $6.34M | ﹤0.01% |
416,000
-4,585,000
| -92% | -$44.2M |
|
3294
United Microelectronic
UMC
$49.6B
| $6.34M | ﹤0.01% |
749,056
-23,519
| -3% | -$179K |
|
3295
PUT
Philips
PHG
$26.1B
| $6.33M | ﹤0.01% |
303,521
-123,198
| -29% | -$2.24M |
|
3296
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.9B
| $6.33M | ﹤0.01% |
40,062
+8,206
| +26% | +$1.18M |
|
|
AD
3297
Array Digital Infrastructure
AD
$3.11B
| $6.33M | ﹤0.01% |
152,400
+145,672
| +2,165% | +$6.17M |
|
3298
CALL
Flowserve
FLS
$10.2B
| $6.33M | ﹤0.01% |
153,500
-5,100
| -3% | -$196K |
|
3299
BlackLine
BL
$1.92B
| $6.32M | ﹤0.01% |
101,291
-20,451
| -17% | -$1.16M |
|
3300
CALL
Essex Property Trust
ESS
$18.3B
| $6.32M | ﹤0.01% |
25,500
-6,800
| -21% | -$1.5M |
|
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.