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 | |
|---|---|---|---|---|---|---|
4101
Nuveen ESG Small-Cap ETF
NUSC
$1.3B
| $3.9M | ﹤0.01% |
99,796
+45,747
| +85% | +$1.61M |
|
4102
CALL
Old Republic International
ORI
$10.2B
| $3.9M | ﹤0.01% |
132,700
-21,800
| -14% | -$613K |
|
4103
First Trust Technology AlphaDEX Fund
FXL
$2.76B
| $3.9M | ﹤0.01% |
30,462
-11,536
| -27% | -$1.34M |
|
4104
Dropbox
DBX
$7.76B
| $3.9M | ﹤0.01% |
132,260
-115,650
| -47% | -$3.21M |
|
4105
MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
$313M
| $3.9M | ﹤0.01% |
6,686
+4,957
| +287% | +$3.87M |
|
4106
Workiva
WK
$4.31B
| $3.9M | ﹤0.01% |
38,383
-50,393
| -57% | -$4.86M |
|
4107
Charles River Laboratories
CRL
$13.9B
| $3.89M | ﹤0.01% |
16,461
-43,528
| -73% | -$8.56M |
|
4108
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$24.4B
| $3.89M | ﹤0.01% |
24,800
+5,600
| +29% | +$822K |
|
4109
PUT
Global X Copper Miners ETF NEW
COPX
$8.64B
| $3.88M | ﹤0.01% |
103,600
+29,400
| +40% | +$1.02M |
|
4110
CALL
ProShares UltraShort Russell2000
TWM
$45.2M
| $3.88M | ﹤0.01% |
66,680
+8,080
| +14% | +$617K |
|
4111
PUT
ProShares UltraPro Short 20+ Year Treasury
TTT
$17.4M
| $3.88M | ﹤0.01% |
63,600
+37,900
| +147% | +$3.51M |
|
4112
Associated Banc-Corp
ASB
$5.84B
| $3.88M | ﹤0.01% |
181,195
-217,592
| -55% | -$3.92M |
|
4113
CALL
Prosperity Bancshares
PB
$8.69B
| $3.87M | ﹤0.01% |
57,200
+35,100
| +159% | +$2.05M |
|
4114
Costamare
CMRE
$1.86B
| $3.87M | ﹤0.01% |
372,120
-188,214
| -34% | -$1.79M |
|
4115
PUT
VICI Properties
VICI
$28.5B
| $3.87M | ﹤0.01% |
121,500
-484,000
| -80% | -$14.2M |
|
4116
CALL
Robert Half
RHI
$4.64B
| $3.87M | ﹤0.01% |
44,000
-5,900
| -12% | -$469K |
|
4117
PUT
Grab
GRAB
$14.8B
| $3.87M | ﹤0.01% |
1,147,200
-347,900
| -23% | -$1.13M |
|
4118
Jefferies Financial Group
JEF
$12.2B
| $3.86M | ﹤0.01% |
95,638
-145,163
| -60% | -$5.13M |
|
|
LUCK
4119
CALL
Lucky Strike Entertainment
LUCK
$883M
| $3.86M | ﹤0.01% |
272,900
+143,300
| +111% | +$1.57M |
|
4120
CALL
Jack in the Box
JACK
$311M
| $3.86M | ﹤0.01% |
47,300
-60,200
| -56% | -$4.26M |
|
|
DM
4121
PUT
DELISTED
Desktop Metal, Inc.
DM
| $3.86M | ﹤0.01% |
514,800
-155,450
| -23% | -$1.41M |
|
4122
Maravai LifeSciences
MRVI
$1.14B
| $3.85M | ﹤0.01% |
588,142
-366,597
| -38% | -$2.37M |
|
4123
CALL
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$11B
| $3.85M | ﹤0.01% |
132,700
+123,200
| +1,297% | +$3.28M |
|
4124
CALL
Vanguard World Funds Extended Duration ETF
EDV
$3.52B
| $3.85M | ﹤0.01% |
47,500
-11,700
| -20% | -$837K |
|
4125
PUT
Revolve Group
RVLV
$1.63B
| $3.85M | ﹤0.01% |
232,100
-835,000
| -78% | -$12.3M |
|
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.