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 | |
|---|---|---|---|---|---|---|
3851
PUT
Western Union
WU
$2.26B
| $4.48M | ﹤0.01% |
375,900
+132,500
| +54% | +$1.62M |
|
3852
PUT
Immersion
IMMR
$254M
| $4.48M | ﹤0.01% |
634,500
-83,800
| -12% | -$557K |
|
3853
CALL
US Foods
USFD
$23.2B
| $4.48M | ﹤0.01% |
98,600
-87,400
| -47% | -$3.61M |
|
3854
CALL
First Horizon
FHN
$11.7B
| $4.47M | ﹤0.01% |
316,000
-1,162,000
| -79% | -$14M |
|
3855
CALL
Landstar System
LSTR
$6.11B
| $4.47M | ﹤0.01% |
23,100
+200
| +0.9% | +$35.4K |
|
3856
PUT
Arcturus Therapeutics
ARCT
$432M
| $4.47M | ﹤0.01% |
141,700
+21,500
| +18% | +$511K |
|
3857
CALL
United Parks & Resorts
PRKS
$1.93B
| $4.46M | ﹤0.01% |
84,500
+33,200
| +65% | +$1.58M |
|
3858
PUT
Ardelyx
ARDX
$984M
| $4.46M | ﹤0.01% |
720,000
-302,100
| -30% | -$1.36M |
|
3859
LegalZoom.com
LZ
$1.05B
| $4.46M | ﹤0.01% |
394,950
+347,555
| +733% | +$3.78M |
|
3860
Incyte
INCY
$25.2B
| $4.46M | ﹤0.01% |
71,041
-32,118
| -31% | -$1.82M |
|
3861
iShares Global Timber & Forestry ETF
WOOD
$273M
| $4.45M | ﹤0.01% |
54,795
+31,341
| +134% | +$2.36M |
|
3862
CALL
United Bankshares
UBSI
$6.48B
| $4.45M | ﹤0.01% |
118,600
+93,300
| +369% | +$2.96M |
|
3863
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$256M
| $4.45M | ﹤0.01% |
78,700
-18,100
| -19% | -$1.07M |
|
3864
Denison Mines
DNN
$3.07B
| $4.45M | ﹤0.01% |
2,514,245
-203,560
| -7% | -$341K |
|
3865
Albertsons Companies
ACI
$6.08B
| $4.45M | ﹤0.01% |
193,458
+51,765
| +37% | +$1.14M |
|
3866
Liberty Latin America Class C
LILAK
$1.66B
| $4.45M | ﹤0.01% |
666,685
+168,712
| +34% | +$1.09M |
|
3867
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.44B
| $4.45M | ﹤0.01% |
103,273
+86,478
| +515% | +$3.44M |
|
3868
Bank OZK
OZK
$5.39B
| $4.45M | ﹤0.01% |
89,248
+21,869
| +32% | +$901K |
|
3869
PUT
iShares US Medical Devices ETF
IHI
$3.41B
| $4.45M | ﹤0.01% |
82,400
+24,600
| +43% | +$1.2M |
|
3870
Dillards
DDS
$9.69B
| $4.44M | ﹤0.01% |
10,997
+5,720
| +108% | +$1.94M |
|
3871
CALL
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.27B
| $4.44M | ﹤0.01% |
72,100
+19,200
| +36% | +$1.13M |
|
3872
Sabre
SABR
$888M
| $4.44M | ﹤0.01% |
1,008,372
-107,732
| -10% | -$416K |
|
3873
CALL
The Greenbrier Companies
GBX
$1.42B
| $4.44M | ﹤0.01% |
100,400
+20,600
| +26% | +$806K |
|
3874
CALL
Beazer Homes USA
BZH
$886M
| $4.43M | ﹤0.01% |
131,100
+51,900
| +66% | +$1.42M |
|
3875
PUT
Celanese
CE
$4.94B
| $4.43M | ﹤0.01% |
28,500
-95,000
| -77% | -$12.4M |
|
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.