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 | |
|---|---|---|---|---|---|---|
|
EMBJ
4001
Embraer S.A. ADS
EMBJ
$12.9B
| $4.14M | ﹤0.01% |
224,176
-224,835
| -50% | -$3.61M |
|
4002
CALL
Sylvamo
SLVM
$1.45B
| $4.14M | ﹤0.01% |
84,200
-10,900
| -11% | -$509K |
|
4003
PUT
Amphenol
APH
$194B
| $4.13M | ﹤0.01% |
83,400
+4,600
| +6% | +$203K |
|
4004
Cloudflare
NET
$107B
| $4.13M | ﹤0.01% |
49,620
-4,415
| -8% | -$309K |
|
4005
BridgeBio Pharma
BBIO
$15B
| $4.13M | ﹤0.01% |
102,315
-305,338
| -75% | -$9.17M |
|
4006
Federated Hermes
FHI
$4.81B
| $4.13M | ﹤0.01% |
121,981
+107,899
| +766% | +$3.51M |
|
4007
iShares S&P Small-Cap 600 Value ETF
IJS
$8.28B
| $4.13M | ﹤0.01% |
40,070
+17,395
| +77% | +$1.59M |
|
|
CALY
4008
CALL
Callaway Golf Company
CALY
$2.8B
| $4.13M | ﹤0.01% |
287,900
+134,100
| +87% | +$1.72M |
|
4009
Glacier Bancorp
GBCI
$6.1B
| $4.12M | ﹤0.01% |
99,830
+55,075
| +123% | +$1.87M |
|
4010
CALL
ProShares Ultra Semiconductors
USD
$2.6B
| $4.12M | ﹤0.01% |
302,800
-301,200
| -50% | -$3.29M |
|
4011
PUT
ACM Research
ACMR
$5.18B
| $4.11M | ﹤0.01% |
210,400
-40,400
| -16% | -$706K |
|
4012
PUT
FTAI Aviation
FTAI
$20B
| $4.11M | ﹤0.01% |
88,500
+1,000
| +1% | +$39.9K |
|
4013
Genworth Financial
GNW
$3.77B
| $4.11M | ﹤0.01% |
614,590
-27,549
| -4% | -$167K |
|
4014
PUT
Jack Henry & Associates
JKHY
$12.1B
| $4.1M | ﹤0.01% |
25,100
-4,500
| -15% | -$689K |
|
4015
CALL
Bentley Systems
BSY
$11.3B
| $4.1M | ﹤0.01% |
78,600
-495,800
| -86% | -$25.5M |
|
|
EXAS
4016
DELISTED
Exact Sciences
EXAS
| $4.1M | ﹤0.01% |
55,431
+26,723
| +93% | +$1.75M |
|
4017
Digital Turbine
APPS
$1.34B
| $4.1M | ﹤0.01% |
597,686
+479,318
| +405% | +$2.68M |
|
4018
PUT
Acuity Brands
AYI
$10B
| $4.1M | ﹤0.01% |
20,000
-13,800
| -41% | -$2.49M |
|
4019
CALL
Fox Factory Holding Corp
FOXF
$864M
| $4.1M | ﹤0.01% |
60,700
+41,000
| +208% | +$2.99M |
|
4020
CALL
LKQ Corp
LKQ
$6.46B
| $4.1M | ﹤0.01% |
85,700
-51,800
| -38% | -$2.42M |
|
4021
PUT
Leonardo DRS
DRS
$10.3B
| $4.09M | ﹤0.01% |
204,200
-6,000
| -3% | -$113K |
|
4022
CALL
Philips
PHG
$26.1B
| $4.09M | ﹤0.01% |
196,087
+24,818
| +14% | +$451K |
|
4023
Vanguard S&P 500 Growth ETF
VOOG
$26.9B
| $4.09M | ﹤0.01% |
+90,618
| New | +$3.88M |
|
4024
MarketAxess Holdings
MKTX
$5.73B
| $4.09M | ﹤0.01% |
13,958
-23,356
| -63% | -$5.65M |
|
4025
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.6B
| $4.09M | ﹤0.01% |
83,892
+59,196
| +240% | +$2.64M |
|
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.