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 | |
|---|---|---|---|---|---|---|
451
CALL
HubSpot
HUBS
$12B
| $175M | 0.03% |
301,400
+50,600
| +20% | +$24.3M |
|
452
PUT
Atlassian
TEAM
$43.5B
| $174M | 0.03% |
731,400
+188,200
| +35% | +$36.9M |
|
453
CALL
Carvana
CVNA
$76.9B
| $174M | 0.03% |
16,421,000
+4,565,500
| +39% | +$34.2M |
|
454
CALL
AMC Entertainment Holdings
AMC
$2.28B
| $174M | 0.03% |
28,359,200
+1,025,600
| +4% | +$8.33M |
|
455
PUT
Linde
LIN
$225B
| $174M | 0.03% |
422,500
+61,800
| +17% | +$24.4M |
|
456
CALL
Twilio
TWLO
$34.6B
| $171M | 0.03% |
2,257,600
-169,300
| -7% | -$10.6M |
|
457
PUT
Devon Energy
DVN
$54B
| $171M | 0.03% |
3,777,400
-429,400
| -10% | -$19.7M |
|
458
PUT
Abbott
ABT
$202B
| $171M | 0.03% |
1,554,000
+357,400
| +30% | +$35.7M |
|
459
PUT
Marvell Technology
MRVL
$213B
| $171M | 0.03% |
2,832,600
-477,700
| -14% | -$25.8M |
|
460
CALL
MetLife
MET
$60B
| $171M | 0.03% |
2,578,500
+31,200
| +1% | +$1.95M |
|
461
CALL
Dollar Tree
DLTR
$25.3B
| $170M | 0.03% |
1,199,100
+283,900
| +31% | +$33.6M |
|
462
PUT
Estee Lauder
EL
$36.9B
| $170M | 0.03% |
1,163,500
+138,800
| +14% | +$18.4M |
|
|
WBA
463
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $170M | 0.03% |
6,495,600
+2,951,100
| +83% | +$66M |
|
464
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $169M | 0.03% |
1,240,400
-782,400
| -39% | -$102M |
|
465
PUT
Monolithic Power Systems
MPWR
$64.7B
| $169M | 0.03% |
267,300
-21,800
| -8% | -$11.4M |
|
466
CALL
Pinterest
PINS
$13.3B
| $168M | 0.03% |
4,548,700
+348,200
| +8% | +$10.9M |
|
467
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $168M | 0.03% |
1,066,700
+841,900
| +375% | +$122M |
|
468
PepsiCo
PEP
$196B
| $168M | 0.03% |
989,513
+216,280
| +28% | +$35.9M |
|
469
PUT
TJX Companies
TJX
$155B
| $167M | 0.03% |
1,778,300
+669,100
| +60% | +$60M |
|
470
CALL
Okta
OKTA
$23.5B
| $166M | 0.03% |
1,833,700
+146,100
| +9% | +$11.1M |
|
471
CALL
DexCom
DXCM
$34.8B
| $166M | 0.03% |
1,336,400
+355,100
| +36% | +$36.3M |
|
472
PUT
Cytokinetics
CYTK
$10.7B
| $165M | 0.03% |
1,975,700
+1,754,600
| +794% | +$63.5M |
|
473
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $164M | 0.03% |
1,209,100
+818,700
| +210% | +$99.9M |
|
474
PUT
iShares Core S&P 500 ETF
IVV
$893B
| $164M | 0.03% |
343,800
+155,500
| +83% | +$69.6M |
|
475
Salesforce
CRM
$171B
| $164M | 0.03% |
623,274
+97,603
| +19% | +$22.1M |
|
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.