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 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.41% |
| 3 | Healthcare | 0.83% |
| 4 | Financials | 0.79% |
| 5 | Industrials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
PUT
Lowe's Companies
LOW
$121B
| $195M | 0.04% |
877,500
-100
| -0% | -$20.3K |
|
402
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $195M | 0.04% |
479,100
+112,800
| +31% | +$41.7M |
|
403
CALL
JD.com
JD
$39.7B
| $195M | 0.04% |
6,739,300
+975,000
| +17% | +$26.4M |
|
404
PUT
RH
RH
$2.9B
| $195M | 0.04% |
667,700
+134,200
| +25% | +$34.7M |
|
405
CALL
Sea Limited
SE
$72B
| $195M | 0.04% |
4,804,000
+193,300
| +4% | +$7.88M |
|
406
PUT
DraftKings
DKNG
$13B
| $194M | 0.04% |
5,503,400
-2,209,200
| -29% | -$73.9M |
|
407
PUT
Danaher
DHR
$154B
| $194M | 0.04% |
838,500
+70,670
| +9% | +$15M |
|
408
Eli Lilly
LLY
$1.12T
| $194M | 0.04% |
332,303
-7,451
| -2% | -$4.35M |
|
409
Nike
NKE
$60.5B
| $193M | 0.04% |
1,775,834
+219,828
| +14% | +$23.6M |
|
|
X
410
CALL
DELISTED
US Steel
X
| $193M | 0.04% |
3,961,800
+406,000
| +11% | +$14.8M |
|
411
PUT
Workday
WDAY
$49.4B
| $192M | 0.04% |
697,200
+6,100
| +0.9% | +$1.45M |
|
412
CALL
Monolithic Power Systems
MPWR
$64.7B
| $192M | 0.04% |
303,900
-33,900
| -10% | -$17.7M |
|
413
PUT
AT&T
T
$173B
| $191M | 0.04% |
11,363,400
-6,119,900
| -35% | -$96.6M |
|
414
Berkshire Hathaway Class B
BRK.B
$1.06T
| $190M | 0.04% |
533,651
-338,452
| -39% | -$119M |
|
415
PUT
Affirm
AFRM
$25.8B
| $190M | 0.04% |
3,865,600
+1,194,800
| +45% | +$34.5M |
|
416
CALL
Cameco
CCJ
$44.6B
| $190M | 0.04% |
4,406,800
+1,558,500
| +55% | +$65.2M |
|
417
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $190M | 0.04% |
434,200
-72,500
| -14% | -$29.7M |
|
418
PUT
DexCom
DXCM
$34.8B
| $190M | 0.04% |
1,527,600
+650,400
| +74% | +$66.4M |
|
419
PUT
Charter Communications
CHTR
$17.9B
| $189M | 0.04% |
486,000
-48,400
| -9% | -$19.7M |
|
420
PUT
Synopsys
SNPS
$76.2B
| $188M | 0.04% |
365,100
+142,400
| +64% | +$72.8M |
|
421
PUT
ARK Innovation ETF
ARKK
$6.72B
| $187M | 0.04% |
3,572,000
-2,004,500
| -36% | -$86.8M |
|
422
CALL
Gilead Sciences
GILD
$181B
| $186M | 0.04% |
2,301,500
+3,700
| +0.2% | +$288K |
|
423
CALL
Celsius Holdings
CELH
$8.44B
| $186M | 0.04% |
3,419,600
-355,000
| -9% | -$18.9M |
|
424
PUT
Dollar Tree
DLTR
$25.3B
| $186M | 0.04% |
1,311,700
+399,200
| +44% | +$47.3M |
|
425
CALL
Diamondback Energy
FANG
$59B
| $186M | 0.04% |
1,198,600
-637,600
| -35% | -$99.9M |
|
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 Technology at 2.1% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- 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.