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 | |
|---|---|---|---|---|---|---|
651
PUT
NXP Semiconductors
NXPI
$56B
| $105M | 0.02% |
456,800
-159,800
| -26% | -$32.2M |
|
652
CALL
Best Buy
BBY
$18.5B
| $105M | 0.02% |
1,337,600
-183,400
| -12% | -$12.9M |
|
653
CALL
Nice
NICE
$5.89B
| $105M | 0.02% |
524,800
-88,300
| -14% | -$15.9M |
|
654
CALL
American Electric Power
AEP
$66.5B
| $105M | 0.02% |
1,288,000
+764,300
| +146% | +$59.3M |
|
655
CALL
Generac Holdings
GNRC
$12B
| $104M | 0.02% |
805,300
-64,600
| -7% | -$7.09M |
|
656
PUT
KB Home
KBH
$3.42B
| $104M | 0.02% |
1,665,900
-174,200
| -9% | -$8.96M |
|
657
PUT
Hershey
HSY
$38.1B
| $104M | 0.02% |
557,800
+113,600
| +26% | +$21.5M |
|
658
3M
MMM
$92.1B
| $104M | 0.02% |
1,134,044
+445,669
| +65% | +$35.8M |
|
659
CALL
Duke Energy
DUK
$95B
| $103M | 0.02% |
1,064,600
+37,700
| +4% | +$3.43M |
|
660
PUT
Constellation Brands
STZ
$23.5B
| $103M | 0.02% |
426,200
+20,900
| +5% | +$4.97M |
|
661
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $103M | 0.02% |
5,021,149
+3,519,296
| +234% | +$63.7M |
|
662
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $103M | 0.02% |
1,268,000
+90,500
| +8% | +$6.7M |
|
663
PUT
Zillow
Z
$8.31B
| $103M | 0.02% |
1,777,200
-25,600
| -1% | -$1.13M |
|
664
CALL
Schwab US Dividend Equity ETF
SCHD
$112B
| $103M | 0.02% |
4,047,300
+1,362,300
| +51% | +$32.5M |
|
665
CALL
Simon Property Group
SPG
$71.2B
| $102M | 0.02% |
715,700
-358,600
| -33% | -$43.3M |
|
666
CALL
Lyft
LYFT
$6.68B
| $102M | 0.02% |
6,801,200
+2,615,500
| +62% | +$30.5M |
|
667
Cleveland-Cliffs
CLF
$6.44B
| $102M | 0.02% |
4,991,139
-481,724
| -9% | -$8.25M |
|
668
PUT
Unity
U
$20.4B
| $102M | 0.02% |
2,483,400
-1,213,200
| -33% | -$37.4M |
|
669
CALL
Autodesk
ADSK
$53.9B
| $101M | 0.02% |
416,100
-124,100
| -23% | -$26.8M |
|
670
Caterpillar
CAT
$372B
| $101M | 0.02% |
341,313
+1,645
| +0.5% | +$427K |
|
671
CALL
Kraft Heinz
KHC
$30.5B
| $100M | 0.02% |
2,715,700
+19,100
| +0.7% | +$649K |
|
672
Union Pacific
UNP
$183B
| $100M | 0.02% |
408,575
+24,805
| +6% | +$5.45M |
|
|
PARA
673
DELISTED
Paramount Global Class B
PARA
| $100M | 0.02% |
6,769,144
+1,814,824
| +37% | +$24.3M |
|
|
PARA
674
PUT
DELISTED
Paramount Global Class B
PARA
| $99.8M | 0.02% |
6,746,700
+804,200
| +14% | +$10.8M |
|
675
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $99.6M | 0.02% |
1,118,400
+1,002,800
| +867% | +$84.5M |
|
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.