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 | |
|---|---|---|---|---|---|---|
601
CALL
Illumina
ILMN
$33.1B
| $118M | 0.02% |
869,585
+163,246
| +23% | +$18.8M |
|
602
PUT
Rio Tinto
RIO
$171B
| $118M | 0.02% |
1,579,300
+534,400
| +51% | +$35.9M |
|
603
CALL
Progressive
PGR
$127B
| $118M | 0.02% |
738,100
-293,900
| -28% | -$46M |
|
604
CALL
Shell
SHEL
$257B
| $118M | 0.02% |
1,786,100
-358,700
| -17% | -$23.5M |
|
605
PUT
Lennar Class A
LEN
$21B
| $117M | 0.02% |
812,764
-307,421
| -27% | -$37M |
|
606
Verizon
VZ
$205B
| $117M | 0.02% |
3,094,149
-1,844,350
| -37% | -$65.3M |
|
607
PUT
iShares US Home Construction ETF
ITB
$2.27B
| $116M | 0.02% |
1,142,800
-1,445,600
| -56% | -$123M |
|
608
Home Depot
HD
$335B
| $116M | 0.02% |
335,325
-189,168
| -36% | -$58.6M |
|
609
CALL
Akamai
AKAM
$15.9B
| $116M | 0.02% |
981,800
+280,800
| +40% | +$31.2M |
|
610
PUT
McKesson
MCK
$100B
| $116M | 0.02% |
250,900
+119,100
| +90% | +$54.2M |
|
611
Bristol-Myers Squibb
BMY
$137B
| $116M | 0.02% |
2,254,286
+1,121,402
| +99% | +$58.9M |
|
612
CALL
Linde
LIN
$225B
| $115M | 0.02% |
279,900
-24,600
| -8% | -$9.7M |
|
613
Honeywell
HON
$68.4B
| $115M | 0.02% |
580,624
+227,477
| +64% | +$41M |
|
614
CALL
BHP
BHP
$246B
| $115M | 0.02% |
1,679,300
+289,700
| +21% | +$17.5M |
|
615
CALL
Stryker
SYK
$126B
| $114M | 0.02% |
380,800
-63,400
| -14% | -$17.8M |
|
616
PUT
Simon Property Group
SPG
$70.6B
| $114M | 0.02% |
799,400
+123,700
| +18% | +$15M |
|
|
SPLK
617
CALL
DELISTED
Splunk Inc
SPLK
| $114M | 0.02% |
748,100
-522,900
| -41% | -$78.1M |
|
618
CALL
NXP Semiconductors
NXPI
$56.9B
| $114M | 0.02% |
495,600
+42,600
| +9% | +$8.58M |
|
619
CALL
Fortinet
FTNT
$113B
| $114M | 0.02% |
1,943,100
+31,000
| +2% | +$1.71M |
|
620
PUT
S&P Global
SPGI
$127B
| $113M | 0.02% |
256,900
+105,100
| +69% | +$41.5M |
|
621
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $113M | 0.02% |
1,568,672
+847,657
| +118% | +$58.7M |
|
622
Chipotle Mexican Grill
CMG
$46.7B
| $113M | 0.02% |
2,466,850
+1,365,200
| +124% | +$56.8M |
|
623
Procter & Gamble
PG
$336B
| $113M | 0.02% |
769,105
-208,309
| -21% | -$30.9M |
|
624
PUT
Warner Bros
WBD
$71.6B
| $113M | 0.02% |
9,888,800
+1,415,000
| +17% | +$15.3M |
|
625
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $112M | 0.02% |
1,081,400
+307,300
| +40% | +$26.8M |
|
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.