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 | |
|---|---|---|---|---|---|---|
676
Uber
UBER
$162B
| $99.5M | 0.02% |
1,616,468
-1,308,017
| -45% | -$68.4M |
|
677
CALL
Alcoa
AA
$13B
| $99.3M | 0.02% |
2,920,400
+1,184,400
| +68% | +$32M |
|
678
GE Aerospace
GE
$355B
| $99.2M | 0.02% |
973,720
+366,381
| +60% | +$33.9M |
|
679
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $99.2M | 0.02% |
1,376,900
+484,100
| +54% | +$33.5M |
|
680
CALL
Robinhood
HOOD
$93.2B
| $99.1M | 0.02% |
7,777,100
+4,435,400
| +133% | +$44.1M |
|
681
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.22B
| $99M | 0.02% |
1,533,700
+1,491,800
| +3,560% | +$75.5M |
|
682
CALL
EQT Corp
EQT
$33.6B
| $98.8M | 0.02% |
2,555,300
+388,900
| +18% | +$15.8M |
|
683
PUT
Wayfair
W
$14.1B
| $98.3M | 0.02% |
1,593,700
+323,500
| +25% | +$16.9M |
|
684
CALL
Charter Communications
CHTR
$17.9B
| $98.3M | 0.02% |
252,800
-188,600
| -43% | -$76.9M |
|
685
PUT
Prudential Financial
PRU
$42.3B
| $97.5M | 0.02% |
939,700
-79,700
| -8% | -$7.64M |
|
686
PUT
Trade Desk
TTD
$6.24B
| $97.2M | 0.02% |
1,350,500
-410,400
| -23% | -$30.2M |
|
687
PUT
Five Below
FIVE
$14.5B
| $96.9M | 0.02% |
454,600
+234,400
| +106% | +$43M |
|
688
PUT
CarMax
KMX
$8.91B
| $96.5M | 0.02% |
1,258,000
+198,600
| +19% | +$13.4M |
|
689
PUT
CME Group
CME
$100B
| $96.4M | 0.02% |
457,800
+215,400
| +89% | +$46M |
|
690
PUT
AB InBev
BUD
$156B
| $96.4M | 0.02% |
1,491,600
+159,100
| +12% | +$9.4M |
|
691
PUT
Burlington
BURL
$20.8B
| $96.3M | 0.02% |
495,200
-58,100
| -11% | -$8.67M |
|
692
CALL
iShares US Home Construction ETF
ITB
$2.28B
| $96.3M | 0.02% |
946,600
-83,400
| -8% | -$7.09M |
|
693
CALL
Veeva Systems
VEEV
$40.4B
| $96.2M | 0.02% |
499,600
-93,300
| -16% | -$17.6M |
|
694
PUT
BHP
BHP
$247B
| $96.2M | 0.02% |
1,407,800
+170,900
| +14% | +$10.3M |
|
695
PUT
Paycom
PAYC
$10.3B
| $96M | 0.02% |
464,400
+19,800
| +4% | +$4.19M |
|
696
CALL
Dell
DELL
$280B
| $95.9M | 0.02% |
1,253,600
-1,082,900
| -46% | -$76.5M |
|
697
CALL
Bath & Body Works
BBWI
$3.86B
| $95.4M | 0.02% |
2,209,600
+1,753,900
| +385% | +$59.2M |
|
698
PUT
Apollo Global Management
APO
$78.4B
| $95.3M | 0.02% |
1,022,500
+483,500
| +90% | +$42.7M |
|
699
CALL
Boston Scientific
BSX
$71B
| $95M | 0.02% |
1,643,200
-941,600
| -36% | -$50.3M |
|
700
PUT
Medtronic
MDT
$119B
| $94.8M | 0.02% |
1,151,200
-20,900
| -2% | -$1.59M |
|
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.