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 | |
|---|---|---|---|---|---|---|
3701
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$458M
| $4.88M | ﹤0.01% |
74,100
+59,400
| +404% | +$3.73M |
|
3702
CALL
BlueLinx
BXC
$624M
| $4.87M | ﹤0.01% |
43,000
+15,100
| +54% | +$1.31M |
|
3703
CALL
Veralto
VLTO
$24B
| $4.87M | ﹤0.01% |
+59,200
| New | +$4.42M |
|
|
MRSH
3704
PUT
Marsh
MRSH
$91.9B
| $4.87M | ﹤0.01% |
25,700
-27,200
| -51% | -$5.26M |
|
3705
Vanguard Energy ETF
VDE
$10.7B
| $4.87M | ﹤0.01% |
41,518
+32,099
| +341% | +$3.85M |
|
3706
PUT
Fluence Energy
FLNC
$1.56B
| $4.87M | ﹤0.01% |
204,100
+162,100
| +386% | +$3.41M |
|
3707
Coupang
CPNG
$29.7B
| $4.87M | ﹤0.01% |
300,666
-944,047
| -76% | -$15.6M |
|
3708
abrdn Physical Silver Shares ETF
SIVR
$4.49B
| $4.87M | ﹤0.01% |
213,738
+182,433
| +583% | +$4.06M |
|
3709
PUT
A.O. Smith
AOS
$8.21B
| $4.86M | ﹤0.01% |
59,000
-52,400
| -47% | -$3.86M |
|
3710
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $4.86M | ﹤0.01% |
57,000
-28,500
| -33% | -$2.12M |
|
3711
Sanofi
SNY
$107B
| $4.86M | ﹤0.01% |
97,729
+7,065
| +8% | +$345K |
|
3712
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.38B
| $4.86M | ﹤0.01% |
121,300
+75,500
| +165% | +$2.71M |
|
3713
FirstCash
FCFS
$9.51B
| $4.86M | ﹤0.01% |
44,813
+39,547
| +751% | +$4.28M |
|
3714
Maplebear
CART
$11.7B
| $4.86M | ﹤0.01% |
+206,899
| New | +$5.2M |
|
3715
ProShares VIX Mid-Term Futures ETF
VIXM
$154M
| $4.85M | ﹤0.01% |
289,261
-22,437
| -7% | -$416K |
|
3716
CALL
Paysafe
PSFE
$355M
| $4.84M | ﹤0.01% |
378,400
-19,300
| -5% | -$213K |
|
3717
CALL
BlackLine
BL
$1.92B
| $4.84M | ﹤0.01% |
77,500
+6,400
| +9% | +$362K |
|
|
MFA
3718
PUT
MFA Financial
MFA
$893M
| $4.84M | ﹤0.01% |
429,200
+11,800
| +3% | +$119K |
|
3719
Dave & Buster's
PLAY
$327M
| $4.83M | ﹤0.01% |
89,758
+42,581
| +90% | +$1.72M |
|
3720
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.34B
| $4.83M | ﹤0.01% |
54,900
-13,900
| -20% | -$1.23M |
|
3721
CALL
PagerDuty
PD
$1.09B
| $4.83M | ﹤0.01% |
208,600
+116,600
| +127% | +$2.52M |
|
3722
PUT
Petrobras Class A
PBR.A
$108B
| $4.83M | ﹤0.01% |
315,900
+229,200
| +264% | +$3.28M |
|
3723
PUT
Northern Oil and Gas
NOG
$2.74B
| $4.82M | ﹤0.01% |
130,100
-40,600
| -24% | -$1.54M |
|
3724
PUT
Celldex Therapeutics
CLDX
$3.07B
| $4.82M | ﹤0.01% |
121,600
-4,200
| -3% | -$124K |
|
3725
QuidelOrtho
QDEL
$1.01B
| $4.82M | ﹤0.01% |
65,433
-18,705
| -22% | -$1.26M |
|
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.