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 | |
|---|---|---|---|---|---|---|
|
FL
776
PUT
DELISTED
Foot Locker
FL
| $81.1M | 0.02% |
2,602,400
-48,000
| -2% | -$1.16M |
|
777
CALL
Enterprise Products Partners
EPD
$82.8B
| $80.9M | 0.02% |
3,070,600
-626,000
| -17% | -$16.7M |
|
|
FINV
778
FinVolution Group
FINV
$1.02B
| $80.8M | 0.02% |
16,493,362
| – | – |
|
779
PUT
Williams-Sonoma
WSM
$28B
| $80.6M | 0.02% |
799,200
-957,800
| -55% | -$82.9M |
|
780
PUT
MetLife
MET
$61.1B
| $80.4M | 0.02% |
1,215,700
+411,000
| +51% | +$25.7M |
|
781
CALL
Sherwin-Williams
SHW
$84.2B
| $80.4M | 0.02% |
257,700
-113,600
| -31% | -$30.5M |
|
782
Goldman Sachs
GS
$302B
| $79.9M | 0.02% |
207,220
-219,848
| -51% | -$73.4M |
|
783
PUT
Darden Restaurants
DRI
$25.6B
| $79.9M | 0.02% |
486,100
-318,900
| -40% | -$48.3M |
|
784
CALL
Advance Auto Parts
AAP
$2.63B
| $79.7M | 0.02% |
1,306,000
-284,100
| -18% | -$15.6M |
|
785
CALL
Kimberly-Clark
KMB
$37B
| $79.5M | 0.02% |
654,500
-52,600
| -7% | -$6.36M |
|
786
CALL
Caesars Entertainment
CZR
$6.04B
| $79.4M | 0.02% |
1,692,700
+129,900
| +8% | +$5.77M |
|
787
Regeneron Pharmaceuticals
REGN
$85.3B
| $79.2M | 0.02% |
90,197
+35,337
| +64% | +$29.1M |
|
|
ANSS
788
CALL
DELISTED
Ansys
ANSS
| $79.2M | 0.02% |
218,200
+115,700
| +113% | +$34.3M |
|
789
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $79.1M | 0.02% |
1,508,201
+269,089
| +22% | +$12M |
|
790
Deere & Co
DE
$175B
| $79M | 0.02% |
197,627
-18,353
| -8% | -$6.92M |
|
|
HES
791
CALL
DELISTED
Hess
HES
| $78.9M | 0.02% |
547,600
+87,800
| +19% | +$12.9M |
|
792
PUT
Air Products & Chemicals
APD
$68.2B
| $78.9M | 0.02% |
288,100
+120,800
| +72% | +$33.2M |
|
793
PUT
Wingstop
WING
$3.18B
| $78.8M | 0.02% |
307,100
-188,600
| -38% | -$40.7M |
|
794
PUT
Altria Group
MO
$114B
| $78.8M | 0.02% |
1,952,900
-784,100
| -29% | -$32.4M |
|
795
CALL
Tyson Foods
TSN
$20.4B
| $78.3M | 0.01% |
1,457,600
+319,800
| +28% | +$15.5M |
|
796
Accenture
ACN
$114B
| $78.2M | 0.01% |
222,927
-39,004
| -15% | -$12.6M |
|
797
iShares Core MSCI Emerging Markets ETF
IEMG
$158B
| $78.1M | 0.01% |
1,543,283
+848,682
| +122% | +$41.1M |
|
798
CALL
Equinix
EQIX
$104B
| $78M | 0.01% |
96,900
-8,700
| -8% | -$6.68M |
|
799
United Parcel Service
UPS
$87.4B
| $78M | 0.01% |
496,117
+35,985
| +8% | +$5.44M |
|
800
CALL
Ross Stores
ROST
$77.5B
| $77.8M | 0.01% |
561,900
-553,300
| -50% | -$68.9M |
|
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.