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 | |
|---|---|---|---|---|---|---|
826
PUT
Advance Auto Parts
AAP
$2.63B
| $73.8M | 0.01% |
1,208,900
+201,800
| +20% | +$11M |
|
827
CALL
Antero Resources
AR
$11.7B
| $73.4M | 0.01% |
3,237,500
+1,211,200
| +60% | +$30.7M |
|
828
CALL
CF Industries
CF
$19.6B
| $73.3M | 0.01% |
922,100
-151,900
| -14% | -$12.1M |
|
|
AXON
829
CALL
Axon Enterprise
AXON
$48.5B
| $73.2M | 0.01% |
283,500
-56,500
| -17% | -$12.7M |
|
830
CALL
Teck Resources
TECK
$34.4B
| $73.1M | 0.01% |
1,729,500
-292,000
| -14% | -$11.2M |
|
831
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $73.1M | 0.01% |
654,400
+77,800
| +13% | +$8.17M |
|
832
Workday
WDAY
$49.2B
| $73M | 0.01% |
264,458
-37,543
| -12% | -$8.94M |
|
833
CALL
Digital Realty Trust
DLR
$69.8B
| $72.6M | 0.01% |
539,700
-299,600
| -36% | -$38.7M |
|
834
CALL
Live Nation Entertainment
LYV
$43B
| $72.6M | 0.01% |
775,800
+264,200
| +52% | +$22.7M |
|
|
PARA
835
CALL
DELISTED
Paramount Global Class B
PARA
| $72.6M | 0.01% |
4,908,400
+1,230,600
| +33% | +$16.5M |
|
836
PUT
Caesars Entertainment
CZR
$6.04B
| $72.6M | 0.01% |
1,548,000
+442,300
| +40% | +$19.6M |
|
837
PUT
Cadence Design Systems
CDNS
$87B
| $72.5M | 0.01% |
266,000
+111,800
| +73% | +$28.8M |
|
838
PUT
AstraZeneca
AZN
$259B
| $72.4M | 0.01% |
537,200
-26,750
| -5% | -$3.48M |
|
839
PUT
Sarepta Therapeutics
SRPT
$1.92B
| $72.3M | 0.01% |
749,800
-21,300
| -3% | -$2.04M |
|
840
CALL
Franco-Nevada
FNV
$52.1B
| $72.3M | 0.01% |
652,300
+20,100
| +3% | +$2.45M |
|
841
CALL
Microchip Technology
MCHP
$40.3B
| $72.1M | 0.01% |
799,600
-230,700
| -22% | -$18.8M |
|
842
CALL
Invesco Solar ETF
TAN
$1.25B
| $71.8M | 0.01% |
1,346,300
+316,900
| +31% | +$14.8M |
|
843
Northrop Grumman
NOC
$78B
| $71.8M | 0.01% |
153,424
+81,534
| +113% | +$38.2M |
|
844
CALL
C3.ai
AI
$1.57B
| $71.7M | 0.01% |
2,498,600
-986,900
| -28% | -$27.2M |
|
845
CALL
Avis
CAR
$5.19B
| $71.7M | 0.01% |
404,600
+181,700
| +82% | +$33.1M |
|
846
CALL
Vanguard Information Technology ETF
VGT
$143B
| $71.3M | 0.01% |
1,178,400
-436,800
| -27% | -$24.3M |
|
847
Xcel Energy
XEL
$48.3B
| $71.2M | 0.01% |
1,150,609
+316,568
| +38% | +$19M |
|
848
ServiceNow
NOW
$132B
| $71.2M | 0.01% |
503,730
-291,810
| -37% | -$36.8M |
|
849
Ford
F
$55.5B
| $71.1M | 0.01% |
5,830,600
+1,756,153
| +43% | +$19.5M |
|
850
IBM
IBM
$218B
| $70.7M | 0.01% |
432,508
-210,383
| -33% | -$31.8M |
|
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.