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 | |
|---|---|---|---|---|---|---|
|
SOVO
3776
CALL
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $4.68M | ﹤0.01% |
212,500
-123,000
| -37% | -$2.7M |
|
3777
PUT
SM Energy
SM
$8.71B
| $4.68M | ﹤0.01% |
120,900
-67,200
| -36% | -$2.59M |
|
3778
MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
$26M
| $4.68M | ﹤0.01% |
11,290
+5,693
| +102% | +$2.42M |
|
3779
CALL
ProShares UltraShort S&P500
SDS
$393M
| $4.67M | ﹤0.01% |
31,200
-13,620
| -30% | -$2.36M |
|
3780
CALL
Mid-America Apartment Communities
MAA
$15B
| $4.67M | ﹤0.01% |
34,700
+9,300
| +37% | +$1.18M |
|
3781
PUT
Eagle Materials
EXP
$6.06B
| $4.67M | ﹤0.01% |
23,000
-11,000
| -32% | -$1.93M |
|
3782
CALL
HDFC Bank
HDB
$119B
| $4.66M | ﹤0.01% |
139,000
+62,600
| +82% | +$1.89M |
|
3783
Trimble
TRMB
$14.2B
| $4.66M | ﹤0.01% |
87,647
-9,023
| -9% | -$430K |
|
3784
Invesco China Technology ETF
CQQQ
$3.07B
| $4.66M | ﹤0.01% |
+129,681
| New | +$4.67M |
|
3785
Invesco DB Agriculture Fund
DBA
$1.26B
| $4.66M | ﹤0.01% |
224,782
-9,273
| -4% | -$202K |
|
3786
PUT
Melco Resorts & Entertainment
MLCO
$2.02B
| $4.66M | ﹤0.01% |
525,400
-116,200
| -18% | -$947K |
|
3787
PUT
Parsons
PSN
$5.23B
| $4.66M | ﹤0.01% |
74,300
+63,900
| +614% | +$3.86M |
|
3788
CBIZ
CBZ
$2.96B
| $4.66M | ﹤0.01% |
74,419
-21,260
| -22% | -$1.2M |
|
3789
CALL
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $4.65M | ﹤0.01% |
79,600
+4,400
| +6% | +$240K |
|
3790
Zebra Technologies
ZBRA
$16.9B
| $4.65M | ﹤0.01% |
17,021
-5,088
| -23% | -$1.16M |
|
|
ARR
3791
CALL
Armour Residential REIT
ARR
$2.31B
| $4.64M | ﹤0.01% |
240,400
+173,880
| +261% | +$3.07M |
|
3792
PUT
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.6B
| $4.64M | ﹤0.01% |
25,800
+8,700
| +51% | +$1.42M |
|
3793
CALL
Varonis Systems
VRNS
$5.04B
| $4.64M | ﹤0.01% |
102,500
+59,200
| +137% | +$2.23M |
|
3794
PUT
Bread Financial
BFH
$4.06B
| $4.64M | ﹤0.01% |
140,800
+79,800
| +131% | +$2.38M |
|
3795
CALL
UGI
UGI
$8.15B
| $4.64M | ﹤0.01% |
188,500
+22,500
| +14% | +$496K |
|
3796
CALL
Manulife Financial
MFC
$70.9B
| $4.63M | ﹤0.01% |
209,700
-50,600
| -19% | -$972K |
|
3797
Upwork
UPWK
$1.13B
| $4.63M | ﹤0.01% |
311,439
+122,068
| +64% | +$1.57M |
|
3798
CALL
Acadia Pharmaceuticals
ACAD
$5.02B
| $4.63M | ﹤0.01% |
147,900
-69,800
| -32% | -$1.67M |
|
3799
CALL
Medpace
MEDP
$16.8B
| $4.63M | ﹤0.01% |
15,100
-3,900
| -21% | -$1.05M |
|
3800
Schneider National
SNDR
$6.04B
| $4.63M | ﹤0.01% |
181,817
+9,793
| +6% | +$242K |
|
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.