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 | |
|---|---|---|---|---|---|---|
3926
W.R. Berkley
WRB
$25.4B
| $4.3M | ﹤0.01% |
91,232
-478,740
| -84% | -$21.8M |
|
3927
CALL
FerroAtlántica
GSM
$761M
| $4.3M | ﹤0.01% |
660,500
-465,900
| -41% | -$2.47M |
|
3928
UDR
UDR
$11.9B
| $4.3M | ﹤0.01% |
112,287
-39,300
| -26% | -$1.37M |
|
3929
PUT
Energy Fuels
UUUU
$3.67B
| $4.3M | ﹤0.01% |
597,800
+265,000
| +80% | +$2.05M |
|
3930
CALL
Liquidia Corp
LQDA
$6.06B
| $4.3M | ﹤0.01% |
357,100
-57,600
| -14% | -$415K |
|
3931
CALL
Sabre
SABR
$888M
| $4.29M | ﹤0.01% |
975,500
+34,700
| +4% | +$134K |
|
3932
CALL
Upwork
UPWK
$1.13B
| $4.29M | ﹤0.01% |
288,600
+139,700
| +94% | +$1.8M |
|
|
WW
3933
DELISTED
WW International
WW
| $4.29M | ﹤0.01% |
490,403
+191,921
| +64% | +$1.63M |
|
3934
CALL
SandRidge Energy
SD
$518M
| $4.29M | ﹤0.01% |
313,800
-85,100
| -21% | -$1.26M |
|
3935
U-Haul Holding Co Series N
UHAL.B
$11.7B
| $4.29M | ﹤0.01% |
+60,836
| New | +$3.31M |
|
3936
CALL
BioCryst Pharmaceuticals
BCRX
$2.51B
| $4.29M | ﹤0.01% |
715,400
-92,500
| -11% | -$536K |
|
3937
United Bankshares
UBSI
$6.48B
| $4.28M | ﹤0.01% |
113,987
-63,021
| -36% | -$2M |
|
3938
ProShares Short S&P500
SH
$826M
| $4.28M | ﹤0.01% |
82,284
+55,209
| +204% | +$3.09M |
|
3939
Lumen
LUMN
$6.23B
| $4.27M | ﹤0.01% |
2,334,875
+420,559
| +22% | +$596K |
|
3940
Blend Labs
BLND
$360M
| $4.27M | ﹤0.01% |
1,675,190
+1,345,326
| +408% | +$2.03M |
|
3941
CALL
Ardelyx
ARDX
$984M
| $4.27M | ﹤0.01% |
688,900
+643,000
| +1,401% | +$2.88M |
|
3942
CALL
Children's Place
PLCE
$54.9M
| $4.27M | ﹤0.01% |
183,900
+126,300
| +219% | +$3.07M |
|
3943
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.95B
| $4.27M | ﹤0.01% |
88,835
+56,205
| +172% | +$2.41M |
|
3944
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.3B
| $4.27M | ﹤0.01% |
183,352
+144,139
| +368% | +$3.19M |
|
3945
Revolution Medicines
RVMD
$44.6B
| $4.26M | ﹤0.01% |
148,652
-93,820
| -39% | -$2.25M |
|
3946
CALL
Buckle
BKE
$2.24B
| $4.26M | ﹤0.01% |
89,700
-36,400
| -29% | -$1.38M |
|
3947
PUT
Dycom Industries
DY
$8.88B
| $4.26M | ﹤0.01% |
37,000
-4,500
| -11% | -$427K |
|
3948
PUT
Gold Fields
GFI
$40.9B
| $4.26M | ﹤0.01% |
294,300
+51,400
| +21% | +$711K |
|
3949
CALL
United States Gasoline Fund
UGA
$146M
| $4.26M | ﹤0.01% |
70,100
-68,400
| -49% | -$4.28M |
|
|
LEG
3950
DELISTED
Leggett & Platt
LEG
| $4.25M | ﹤0.01% |
162,589
-90,116
| -36% | -$2.21M |
|
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.