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 | |
|---|---|---|---|---|---|---|
751
PUT
VF Corp
VFC
$5.63B
| $84.6M | 0.02% |
4,499,800
+2,836,900
| +171% | +$48.7M |
|
752
CALL
Cheniere Energy
LNG
$58B
| $84.5M | 0.02% |
495,200
-293,600
| -37% | -$50.4M |
|
753
PUT
Best Buy
BBY
$18.4B
| $84.4M | 0.02% |
1,078,500
+203,800
| +23% | +$14.4M |
|
754
CALL
MGM Resorts International
MGM
$11B
| $84.4M | 0.02% |
1,888,900
+173,600
| +10% | +$6.81M |
|
755
CALL
e.l.f. Beauty
ELF
$6.25B
| $84.1M | 0.02% |
582,400
-16,500
| -3% | -$1.9M |
|
756
CALL
Alnylam Pharmaceuticals
ALNY
$31.6B
| $84M | 0.02% |
438,800
+189,500
| +76% | +$32.3M |
|
|
757
CALL
VF Corp
VFC
$5.63B
| $83.8M | 0.02% |
4,458,300
+1,634,800
| +58% | +$28M |
|
758
PUT
EOG Resources
EOG
$78.8B
| $83.8M | 0.02% |
692,900
-94,600
| -12% | -$11.8M |
|
759
PUT
Hilton Worldwide
HLT
$74.3B
| $83.8M | 0.02% |
460,000
-135,700
| -23% | -$22.1M |
|
760
Applied Materials
AMAT
$384B
| $83.6M | 0.02% |
515,938
-26,232
| -5% | -$3.85M |
|
761
PUT
Eaton
ETN
$159B
| $83.6M | 0.02% |
347,000
+85,500
| +33% | +$18.9M |
|
762
PUT
Energy Transfer Partners
ET
$72.6B
| $83.5M | 0.02% |
6,053,700
-921,500
| -13% | -$12.5M |
|
763
CALL
Fair Isaac
FICO
$25.2B
| $83.3M | 0.02% |
71,600
+2,600
| +4% | +$2.62M |
|
764
PUT
General Dynamics
GD
$104B
| $83.3M | 0.02% |
320,600
+51,600
| +19% | +$12.6M |
|
765
CALL
Cboe Global Markets
CBOE
$32.2B
| $83.1M | 0.02% |
465,500
-15,100
| -3% | -$2.59M |
|
766
PUT
Norfolk Southern
NSC
$79.3B
| $83M | 0.02% |
351,200
+30,400
| +9% | +$6.37M |
|
767
ConocoPhillips
COP
$160B
| $82.5M | 0.02% |
711,093
-302,337
| -30% | -$35.4M |
|
768
PUT
Digital Realty Trust
DLR
$69.8B
| $82.3M | 0.02% |
611,500
-105,900
| -15% | -$13.7M |
|
769
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $82.2M | 0.02% |
4,102,700
+959,600
| +31% | +$15.4M |
|
770
PUT
ON Semiconductor
ON
$28B
| $82.2M | 0.02% |
983,600
-368,200
| -27% | -$28.9M |
|
771
Alcoa
AA
$13B
| $82M | 0.02% |
2,410,442
+1,690,699
| +235% | +$45.7M |
|
772
CALL
Kinder Morgan
KMI
$69B
| $81.8M | 0.02% |
4,639,600
+63,200
| +1% | +$1.08M |
|
773
CALL
Transocean
RIG
$6.44B
| $81.7M | 0.02% |
12,869,600
-1,092,400
| -8% | -$7.31M |
|
774
PUT
C3.ai
AI
$1.57B
| $81.3M | 0.02% |
2,833,300
-220,800
| -7% | -$6.07M |
|
775
PUT
Kenvue
KVUE
$37.3B
| $81.2M | 0.02% |
3,771,700
+1,374,700
| +57% | +$27.5M |
|
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.