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 | |
|---|---|---|---|---|---|---|
4301
PUT
National Beverage
FIZZ
$3.05B
| $3.45M | ﹤0.01% |
69,400
+13,000
| +23% | +$622K |
|
|
ETRN
4302
CALL
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $3.45M | ﹤0.01% |
338,900
-203,900
| -38% | -$1.92M |
|
4303
HighPeak Energy
HPK
$1.02B
| $3.45M | ﹤0.01% |
242,118
-79,474
| -25% | -$1.26M |
|
|
CADE
4304
CALL
DELISTED
Cadence Bank
CADE
| $3.44M | ﹤0.01% |
116,400
+80,500
| +224% | +$1.96M |
|
4305
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$324M
| $3.44M | ﹤0.01% |
127,100
-2,604,400
| -95% | -$76.2M |
|
4306
CALL
Commault Systems
CVLT
$5.65B
| $3.44M | ﹤0.01% |
43,100
-14,900
| -26% | -$1.06M |
|
4307
Teleflex
TFX
$5.92B
| $3.44M | ﹤0.01% |
13,791
-4,008
| -23% | -$857K |
|
4308
PUT
Smith & Wesson
SWBI
$573M
| $3.44M | ﹤0.01% |
253,400
+93,300
| +58% | +$1.28M |
|
4309
PUT
United Microelectronic
UMC
$49.6B
| $3.43M | ﹤0.01% |
405,700
-66,400
| -14% | -$506K |
|
4310
PUT
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$38.3M
| $3.43M | ﹤0.01% |
44,067
+4,667
| +12% | +$509K |
|
4311
Veracyte
VCYT
$3.48B
| $3.43M | ﹤0.01% |
124,721
+84,657
| +211% | +$2.04M |
|
|
VSTO
4312
PUT
DELISTED
Vista Outdoor Inc.
VSTO
| $3.43M | ﹤0.01% |
116,000
+63,900
| +123% | +$1.76M |
|
4313
CALL
Blue Owl Capital
OWL
$8.22B
| $3.42M | ﹤0.01% |
229,700
+65,700
| +40% | +$884K |
|
4314
PUT
Synaptics
SYNA
$3.72B
| $3.42M | ﹤0.01% |
30,000
-15,300
| -34% | -$1.52M |
|
4315
CALL
Q2 Holdings
QTWO
$4.06B
| $3.42M | ﹤0.01% |
78,800
-11,200
| -12% | -$398K |
|
4316
CALL
Flywire
FLYW
$2.29B
| $3.42M | ﹤0.01% |
147,700
+39,000
| +36% | +$984K |
|
4317
Hawaiian Electric Industries
HE
$1.97B
| $3.42M | ﹤0.01% |
240,844
-91,450
| -28% | -$1.19M |
|
4318
CALL
Nokia
NOK
$57.2B
| $3.42M | ﹤0.01% |
999,100
-1,336,800
| -57% | -$4.54M |
|
4319
PUT
Trupanion
TRUP
$1.3B
| $3.41M | ﹤0.01% |
111,900
-141,700
| -56% | -$3.76M |
|
4320
Globe Life
GL
$13.3B
| $3.41M | ﹤0.01% |
28,042
-16,205
| -37% | -$1.91M |
|
4321
Direxion Daily Healthcare Bull 3X ETF
CURE
$191M
| $3.41M | ﹤0.01% |
33,524
-6,179
| -16% | -$554K |
|
|
SF
4322
Stifel
SF
$12.3B
| $3.41M | ﹤0.01% |
73,932
-147,195
| -67% | -$6.05M |
|
4323
Texas Capital Bancshares
TCBI
$4.29B
| $3.41M | ﹤0.01% |
52,709
-27,003
| -34% | -$1.56M |
|
|
SAGE
4324
CALL
DELISTED
Sage Therapeutics
SAGE
| $3.4M | ﹤0.01% |
157,100
-179,600
| -53% | -$3.56M |
|
4325
Invesco Senior Loan ETF
BKLN
$6.78B
| $3.4M | ﹤0.01% |
160,521
-54,745
| -25% | -$1.15M |
|
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.