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 | |
|---|---|---|---|---|---|---|
3601
CALL
Comstock Resources
CRK
$4.2B
| $5.24M | ﹤0.01% |
592,600
-167,700
| -22% | -$1.81M |
|
3602
Lamb Weston
LW
$7.56B
| $5.24M | ﹤0.01% |
48,496
-25,902
| -35% | -$2.49M |
|
3603
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$281M
| $5.24M | ﹤0.01% |
+253,410
| New | +$5.24M |
|
3604
CALL
BorgWarner
BWA
$13.1B
| $5.23M | ﹤0.01% |
146,000
-63,700
| -30% | -$2.27M |
|
3605
iShares MBS ETF
MBB
$39B
| $5.23M | ﹤0.01% |
+55,540
| New | +$4.98M |
|
|
CIVI
3606
PUT
DELISTED
Civitas Resources
CIVI
| $5.22M | ﹤0.01% |
76,300
-15,100
| -17% | -$1.08M |
|
3607
Cipher Digital
CIFR
$6.3B
| $5.22M | ﹤0.01% |
+1,262,889
| New | +$3.85M |
|
3608
PUT
Grand Canyon Education
LOPE
$3.94B
| $5.2M | ﹤0.01% |
39,400
+34,600
| +721% | +$4.5M |
|
3609
Invesco CurrencyShares Japanese Yen Trust
FXY
$458M
| $5.2M | ﹤0.01% |
78,993
+73,100
| +1,240% | +$4.59M |
|
3610
CALL
FuboTV Inc
FUBO
$311M
| $5.2M | ﹤0.01% |
136,192
+41,684
| +44% | +$1.44M |
|
|
HIVE
3611
PUT
HIVE Digital Technologies
HIVE
$760M
| $5.18M | ﹤0.01% |
1,142,800
+767,200
| +204% | +$2.62M |
|
3612
PUT
Harley-Davidson
HOG
$2.92B
| $5.18M | ﹤0.01% |
140,500
-111,300
| -44% | -$3.43M |
|
3613
PUT
Silicon Motion
SIMO
$8.33B
| $5.17M | ﹤0.01% |
84,400
+15,700
| +23% | +$898K |
|
3614
CALL
Middleby
MIDD
$5.1B
| $5.17M | ﹤0.01% |
35,100
-1,600
| -4% | -$203K |
|
3615
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.38B
| $5.16M | ﹤0.01% |
128,794
-5,680
| -4% | -$204K |
|
|
SF
3616
CALL
Stifel
SF
$12.3B
| $5.16M | ﹤0.01% |
111,900
+20,850
| +23% | +$857K |
|
3617
PUT
US Foods
USFD
$23.2B
| $5.15M | ﹤0.01% |
113,400
-30,100
| -21% | -$1.24M |
|
3618
CALL
Globus Medical
GMED
$11.1B
| $5.15M | ﹤0.01% |
96,600
-42,200
| -30% | -$2.06M |
|
|
LNW
3619
DELISTED
Light & Wonder
LNW
| $5.15M | ﹤0.01% |
62,663
+37,888
| +153% | +$3.04M |
|
3620
Ally Financial
ALLY
$12.8B
| $5.14M | ﹤0.01% |
147,321
-322,640
| -69% | -$9.01M |
|
3621
CALL
Sterling Infrastructure
STRL
$14.4B
| $5.14M | ﹤0.01% |
58,500
-38,000
| -39% | -$2.75M |
|
3622
CALL
Lazard
LAZ
$4.25B
| $5.14M | ﹤0.01% |
147,800
+59,500
| +67% | +$1.79M |
|
|
JKS
3623
CALL
JinkoSolar
JKS
$709M
| $5.14M | ﹤0.01% |
139,100
+53,700
| +63% | +$1.73M |
|
3624
PUT
Sprouts Farmers Market
SFM
$7.6B
| $5.14M | ﹤0.01% |
106,800
-4,100
| -4% | -$179K |
|
3625
Valley National Bancorp
VLY
$7.69B
| $5.14M | ﹤0.01% |
473,062
-251,005
| -35% | -$2.25M |
|
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.