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 | |
|---|---|---|---|---|---|---|
3301
Raymond James Financial
RJF
$34.5B
| $6.32M | ﹤0.01% |
56,688
-49,346
| -47% | -$5.08M |
|
3302
argenx
ARGX
$64B
| $6.32M | ﹤0.01% |
+16,603
| New | +$7.74M |
|
3303
PUT
EyePoint Inc
EYPT
$386M
| $6.31M | ﹤0.01% |
273,200
+207,200
| +314% | +$2.32M |
|
3304
CALL
Shoals Technologies Group
SHLS
$1.2B
| $6.31M | ﹤0.01% |
405,900
-320,700
| -44% | -$4.85M |
|
3305
iShares MSCI Brazil Small-Cap ETF
EWZS
$214M
| $6.31M | ﹤0.01% |
418,731
+384,890
| +1,137% | +$5.28M |
|
3306
CALL
Comfort Systems
FIX
$53.5B
| $6.29M | ﹤0.01% |
30,600
+9,900
| +48% | +$1.83M |
|
3307
Kinsale Capital Group
KNSL
$8.67B
| $6.29M | ﹤0.01% |
18,781
-81,264
| -81% | -$30.1M |
|
3308
CALL
Tencent Music
TME
$14B
| $6.28M | ﹤0.01% |
697,000
+436,800
| +168% | +$3.38M |
|
3309
CALL
Lightspeed Commerce
LSPD
$1.37B
| $6.26M | ﹤0.01% |
298,300
-197,500
| -40% | -$3.13M |
|
|
CSW
3310
CSW Industrials
CSW
$5.19B
| $6.26M | ﹤0.01% |
30,172
+3,272
| +12% | +$594K |
|
3311
Seagate
STX
$188B
| $6.25M | ﹤0.01% |
73,247
-93,057
| -56% | -$6.94M |
|
3312
PUT
Republic Services
RSG
$68B
| $6.25M | ﹤0.01% |
37,900
-24,300
| -39% | -$3.77M |
|
3313
PUT
Freedom Holding
FRHC
$11.2B
| $6.24M | ﹤0.01% |
77,400
+21,800
| +39% | +$1.78M |
|
3314
Otter Tail
OTTR
$3.81B
| $6.24M | ﹤0.01% |
73,404
+56,451
| +333% | +$4.36M |
|
3315
PUT
State Street SPDR S&P Dividend ETF
SDY
$22B
| $6.21M | ﹤0.01% |
49,700
+12,300
| +33% | +$1.44M |
|
3316
PUT
Fiverr
FVRR
$340M
| $6.21M | ﹤0.01% |
228,100
+132,600
| +139% | +$3.28M |
|
3317
Green Plains
GPRE
$1.03B
| $6.21M | ﹤0.01% |
246,133
+173,020
| +237% | +$4.58M |
|
3318
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$742M
| $6.2M | ﹤0.01% |
109,638
+73,372
| +202% | +$4.1M |
|
3319
PUT
Exelixis
EXEL
$13.5B
| $6.2M | ﹤0.01% |
258,300
+121,000
| +88% | +$2.63M |
|
3320
CALL
Coca-Cola Europacific Partners
CCEP
$48.2B
| $6.19M | ﹤0.01% |
92,800
+49,200
| +113% | +$3.01M |
|
3321
PUT
TripAdvisor
TRIP
$1.16B
| $6.19M | ﹤0.01% |
287,500
+48,600
| +20% | +$852K |
|
3322
CALL
Xylem
XYL
$26B
| $6.19M | ﹤0.01% |
54,100
-63,200
| -54% | -$6.31M |
|
|
CNR
3323
Core Natural Resources Inc
CNR
$5.01B
| $6.18M | ﹤0.01% |
61,474
-93,774
| -60% | -$9.53M |
|
3324
iShares ESG Aware MSCI EM ETF
ESGE
$6.9B
| $6.18M | ﹤0.01% |
192,720
+104,839
| +119% | +$3.23M |
|
3325
Annaly Capital Management
NLY
$17.4B
| $6.18M | ﹤0.01% |
318,967
-83,144
| -21% | -$1.48M |
|
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.