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 | |
|---|---|---|---|---|---|---|
3476
PUT
Aehr Test Systems
AEHR
$2.64B
| $5.62M | ﹤0.01% |
212,000
-13,300
| -6% | -$388K |
|
3477
PUT
Wabtec
WAB
$49.4B
| $5.62M | ﹤0.01% |
44,300
+1,900
| +4% | +$214K |
|
3478
PUT
H&R Block
HRB
$6.47B
| $5.62M | ﹤0.01% |
116,200
+61,800
| +114% | +$2.75M |
|
3479
PUT
Sweetgreen
SG
$830M
| $5.62M | ﹤0.01% |
497,200
-304,900
| -38% | -$3.21M |
|
3480
CALL
Owens Corning
OC
$11.3B
| $5.62M | ﹤0.01% |
37,900
-71,700
| -65% | -$9.5M |
|
3481
CALL
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $5.62M | ﹤0.01% |
118,000
-32,600
| -22% | -$1.46M |
|
3482
CALL
CoreCivic
CXW
$3.34B
| $5.61M | ﹤0.01% |
386,300
+164,000
| +74% | +$2.17M |
|
3483
PUT
Northern Trust
NTRS
$34.2B
| $5.61M | ﹤0.01% |
66,500
-96,000
| -59% | -$7.1M |
|
3484
CALL
Banco Macro
BMA
$4.86B
| $5.61M | ﹤0.01% |
195,500
+107,400
| +122% | +$2.45M |
|
3485
PUT
STMicroelectronics
STM
$44B
| $5.61M | ﹤0.01% |
111,900
+27,200
| +32% | +$1.22M |
|
3486
CALL
iRhythm Holdings
IRTC
$3.96B
| $5.61M | ﹤0.01% |
52,400
-28,000
| -35% | -$2.44M |
|
3487
CALL
Revolution Medicines
RVMD
$44.6B
| $5.61M | ﹤0.01% |
195,500
+20,800
| +12% | +$500K |
|
3488
PUT
Invitation Homes
INVH
$17.4B
| $5.6M | ﹤0.01% |
164,100
-18,400
| -10% | -$599K |
|
3489
CALL
Hims & Hers Health
HIMS
$6.73B
| $5.6M | ﹤0.01% |
628,700
-111,600
| -15% | -$825K |
|
3490
Nutrien
NTR
$35.1B
| $5.6M | ﹤0.01% |
99,330
+65,214
| +191% | +$3.69M |
|
3491
CALL
Bumble
BMBL
$360M
| $5.59M | ﹤0.01% |
379,400
+207,400
| +121% | +$2.94M |
|
3492
PUT
Vermilion Energy
VET
$1.9B
| $5.59M | ﹤0.01% |
463,200
+11,600
| +3% | +$153K |
|
3493
CALL
Red Rock Resorts
RRR
$3.37B
| $5.58M | ﹤0.01% |
104,700
+22,000
| +27% | +$976K |
|
|
SAGE
3494
DELISTED
Sage Therapeutics
SAGE
| $5.58M | ﹤0.01% |
257,647
+200,565
| +351% | +$3.97M |
|
3495
PUT
SLM Corp
SLM
$4.97B
| $5.58M | ﹤0.01% |
291,900
+215,700
| +283% | +$3.26M |
|
3496
Federal Agricultural Mortgage
AGM
$2.4B
| $5.58M | ﹤0.01% |
29,167
-29,188
| -50% | -$4.75M |
|
3497
PUT
nCino
NCNO
$2.43B
| $5.58M | ﹤0.01% |
165,800
-81,500
| -33% | -$2.43M |
|
3498
PUT
Evolent Health
EVH
$520M
| $5.57M | ﹤0.01% |
168,700
+126,500
| +300% | +$3.58M |
|
3499
CALL
Structure Therapeutics
GPCR
$3.38B
| $5.56M | ﹤0.01% |
+136,500
| New | +$7.82M |
|
3500
PUT
Nokia
NOK
$57.2B
| $5.56M | ﹤0.01% |
1,625,500
-2,310,100
| -59% | -$7.85M |
|
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.