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 | |
|---|---|---|---|---|---|---|
801
CALL
ProShares UltraPro S&P 500
UPRO
$5.45B
| $77.7M | 0.01% |
1,420,100
+634,700
| +81% | +$29.1M |
|
802
CALL
Cleveland-Cliffs
CLF
$6.45B
| $77.6M | 0.01% |
3,801,600
+1,088,200
| +40% | +$18.6M |
|
803
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $77.6M | 0.01% |
1,967,600
+700,100
| +55% | +$20.5M |
|
804
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $77.2M | 0.01% |
403,200
+27,000
| +7% | +$4.6M |
|
805
CALL
GameStop
GME
$8.09B
| $77M | 0.01% |
4,391,700
+739,400
| +20% | +$10.9M |
|
806
PUT
CF Industries
CF
$19.6B
| $76.6M | 0.01% |
963,400
+123,900
| +15% | +$9.86M |
|
807
SLB Ltd
SLB
$80.1B
| $76.6M | 0.01% |
1,471,154
+646,229
| +78% | +$35.1M |
|
808
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.22B
| $76.5M | 0.01% |
1,184,800
+1,115,410
| +1,607% | +$56.4M |
|
809
Hilton Worldwide
HLT
$74.3B
| $76.5M | 0.01% |
420,034
-1,328,106
| -76% | -$217M |
|
810
CALL
Coupang
CPNG
$29.6B
| $76.4M | 0.01% |
4,716,400
+306,000
| +7% | +$5.05M |
|
811
CALL
Johnson Controls International
JCI
$86.6B
| $76.3M | 0.01% |
1,323,100
+204,200
| +18% | +$10.7M |
|
812
CALL
monday.com
MNDY
$3.98B
| $76.2M | 0.01% |
405,800
-105,900
| -21% | -$17M |
|
813
PUT
Veeva Systems
VEEV
$40.4B
| $75.9M | 0.01% |
394,500
-61,800
| -14% | -$11.6M |
|
814
PUT
Futu Holdings
FUTU
$16.2B
| $75.9M | 0.01% |
1,389,700
+92,500
| +7% | +$5.25M |
|
815
PUT
Hasbro
HAS
$13.5B
| $75.2M | 0.01% |
1,473,500
+732,300
| +99% | +$37M |
|
816
CALL
argenx
ARGX
$63.3B
| $74.8M | 0.01% |
196,700
+48,500
| +33% | +$22.6M |
|
|
X
817
DELISTED
US Steel
X
| $74.8M | 0.01% |
1,538,037
+1,229,826
| +399% | +$44.7M |
|
818
PUT
EQT Corp
EQT
$33.6B
| $74.6M | 0.01% |
1,929,000
+324,400
| +20% | +$13.2M |
|
819
CALL
Williams-Sonoma
WSM
$28B
| $74.4M | 0.01% |
737,000
-645,400
| -47% | -$55.9M |
|
820
PUT
Pultegroup
PHM
$24.7B
| $74.3M | 0.01% |
720,100
+188,600
| +35% | +$16M |
|
821
Energy Transfer Partners
ET
$72.6B
| $74.2M | 0.01% |
5,379,321
+118,258
| +2% | +$1.61M |
|
822
CALL
General Mills
GIS
$21.9B
| $74.2M | 0.01% |
1,139,400
-391,500
| -26% | -$25.3M |
|
823
PUT
Southwest Airlines
LUV
$19.9B
| $74.1M | 0.01% |
2,565,500
-245,400
| -9% | -$6.38M |
|
824
CALL
Capri Holdings
CPRI
$1.55B
| $74M | 0.01% |
1,473,700
+173,800
| +13% | +$8.67M |
|
825
PUT
Etsy
ETSY
$7.99B
| $73.9M | 0.01% |
911,600
-114,900
| -11% | -$8.22M |
|
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.