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 | |
|---|---|---|---|---|---|---|
3401
Telephone and Data Systems
TDS
$3.87B
| $5.93M | ﹤0.01% |
323,259
-741,788
| -70% | -$13.7M |
|
3402
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.26B
| $5.93M | ﹤0.01% |
135,586
+124,882
| +1,167% | +$4.93M |
|
3403
First Trust Capital Strength ETF
FTCS
$8B
| $5.92M | ﹤0.01% |
74,025
+33,310
| +82% | +$2.53M |
|
3404
CALL
Ericsson
ERIC
$32.5B
| $5.92M | ﹤0.01% |
939,800
+707,900
| +305% | +$3.59M |
|
3405
CALL
Nextpower Inc. Common Stock
NXT
$13B
| $5.91M | ﹤0.01% |
126,200
-4,100
| -3% | -$160K |
|
3406
Dell
DELL
$295B
| $5.91M | ﹤0.01% |
77,200
-374,678
| -83% | -$26.5M |
|
3407
CALL
AllianceBernstein
AB
$3.43B
| $5.91M | ﹤0.01% |
190,300
+37,000
| +24% | +$1.09M |
|
3408
Booz Allen Hamilton
BAH
$9.05B
| $5.9M | ﹤0.01% |
46,155
-137,397
| -75% | -$17.1M |
|
|
ONC
3409
CALL
BeOne Medicines Ltd
ONC
$41.5B
| $5.9M | ﹤0.01% |
32,700
-600
| -2% | -$109K |
|
3410
CALL
Chegg
CHGG
$93.7M
| $5.89M | ﹤0.01% |
518,700
-72,500
| -12% | -$688K |
|
3411
PUT
Tencent Music
TME
$14B
| $5.89M | ﹤0.01% |
653,900
+58,600
| +10% | +$453K |
|
3412
Wayfair
W
$14.2B
| $5.88M | ﹤0.01% |
95,378
+37,725
| +65% | +$1.97M |
|
3413
East-West Bancorp
EWBC
$17.7B
| $5.88M | ﹤0.01% |
81,707
+261
| +0.3% | +$15.7K |
|
3414
CALL
American Superconductor
AMSC
$1.38B
| $5.87M | ﹤0.01% |
526,900
+130,500
| +33% | +$1.1M |
|
3415
PUT
iRhythm Holdings
IRTC
$3.96B
| $5.87M | ﹤0.01% |
54,800
-23,200
| -30% | -$2.02M |
|
3416
PUT
Centrus Energy
LEU
$3.51B
| $5.87M | ﹤0.01% |
107,800
+46,800
| +77% | +$2.45M |
|
3417
CALL
Rapid7
RPD
$896M
| $5.86M | ﹤0.01% |
102,700
-23,100
| -18% | -$1.21M |
|
|
FL
3418
DELISTED
Foot Locker
FL
| $5.86M | ﹤0.01% |
188,117
-97,203
| -34% | -$2.35M |
|
3419
Alexandria Real Estate Equities
ARE
$8.87B
| $5.86M | ﹤0.01% |
46,220
-18,314
| -28% | -$1.97M |
|
3420
CALL
FIGS
FIGS
$2.56B
| $5.86M | ﹤0.01% |
842,600
+496,000
| +143% | +$3.28M |
|
3421
Innovator US Equity Power Buffer ETF June
PJUN
$975M
| $5.85M | ﹤0.01% |
175,384
+167,883
| +2,238% | +$5.4M |
|
3422
Schwab Emerging Markets Equity ETF
SCHE
$13B
| $5.84M | ﹤0.01% |
235,751
-982,919
| -81% | -$23.6M |
|
3423
PUT
Banc of California
BANC
$2.95B
| $5.83M | ﹤0.01% |
434,000
+171,900
| +66% | +$2.12M |
|
3424
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $5.82M | ﹤0.01% |
51,072
+14,285
| +39% | +$1.47M |
|
3425
CALL
Cinemark Holdings
CNK
$4.17B
| $5.82M | ﹤0.01% |
413,000
-199,300
| -33% | -$3.1M |
|
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.