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 | |
|---|---|---|---|---|---|---|
701
CALL
CME Group
CME
$100B
| $94.1M | 0.02% |
446,800
-71,800
| -14% | -$15.3M |
|
702
PUT
Fair Isaac
FICO
$25.2B
| $93.9M | 0.02% |
80,700
-6,000
| -7% | -$6.04M |
|
703
PUT
Diamondback Energy
FANG
$57.6B
| $93.5M | 0.02% |
603,100
-643,000
| -52% | -$101M |
|
704
PayPal
PYPL
$52.8B
| $93.2M | 0.02% |
1,517,897
-1,513,273
| -50% | -$86.7M |
|
705
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $93.2M | 0.02% |
590,400
+14,500
| +3% | +$2.11M |
|
706
CALL
Chewy
CHWY
$10B
| $93M | 0.02% |
3,936,700
+871,400
| +28% | +$17.2M |
|
707
PUT
Stryker
SYK
$126B
| $93M | 0.02% |
310,500
+67,800
| +28% | +$19M |
|
708
CALL
Sprott Uranium Miners ETF
URNM
$2.18B
| $92.9M | 0.02% |
1,925,000
+781,600
| +68% | +$36.5M |
|
709
Automatic Data Processing
ADP
$112B
| $92.8M | 0.02% |
398,395
+233,747
| +142% | +$54.5M |
|
710
Amplify Blockchain Technology ETF
BLOK
$1.09B
| $92.4M | 0.02% |
3,096,139
+3,064,688
| +9,744% | +$72.1M |
|
711
CALL
HCA Healthcare
HCA
$92.9B
| $92.3M | 0.02% |
341,000
+30,700
| +10% | +$7.59M |
|
712
Li Auto
LI
$12.2B
| $92.3M | 0.02% |
2,465,367
+1,373,546
| +126% | +$49.6M |
|
713
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $92.1M | 0.02% |
1,133,064
+1,056,498
| +1,380% | +$81.6M |
|
714
CALL
Cadence Design Systems
CDNS
$87B
| $92M | 0.02% |
337,900
+29,300
| +9% | +$7.55M |
|
715
Comcast
CMCSA
$95.9B
| $91.7M | 0.02% |
2,091,814
-95,092
| -4% | -$4.08M |
|
|
NVO
716
CALL
Novo Nordisk
NVO
$207B
| $91.6M | 0.02% |
885,900
-405,700
| -31% | -$40.1M |
|
717
CALL
WIX.com
WIX
$3.53B
| $91.5M | 0.02% |
743,400
+111,800
| +18% | +$10.8M |
|
718
PUT
US Bancorp
USB
$97.3B
| $91.3M | 0.02% |
2,109,500
-463,300
| -18% | -$16.9M |
|
719
CALL
Wheaton Precious Metals
WPM
$72.8B
| $91.3M | 0.02% |
1,849,800
+750,000
| +68% | +$33.9M |
|
720
PUT
Crocs
CROX
$6.03B
| $90.9M | 0.02% |
973,400
+6,200
| +0.6% | +$572K |
|
721
PUT
Autodesk
ADSK
$53.7B
| $90.8M | 0.02% |
372,800
-120,800
| -24% | -$26.1M |
|
722
PUT
Okta
OKTA
$22.8B
| $90.7M | 0.02% |
1,001,900
+202,600
| +25% | +$15.5M |
|
723
CALL
Western Digital
WDC
$157B
| $90.7M | 0.02% |
2,290,907
+207,050
| +10% | +$7.25M |
|
|
WBA
724
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $90.2M | 0.02% |
3,456,000
+541,500
| +19% | +$12.1M |
|
725
Zoom
ZM
$30.7B
| $89.8M | 0.02% |
1,248,407
-255,268
| -17% | -$16.9M |
|
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.