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 | |
|---|---|---|---|---|---|---|
901
CALL
SentinelOne
S
$7.14B
| $63.6M | 0.01% |
2,317,400
+1,061,400
| +85% | +$20.6M |
|
902
PUT
Equinix
EQIX
$104B
| $63.5M | 0.01% |
78,800
+8,900
| +13% | +$6.83M |
|
903
CALL
Lamb Weston
LW
$7.53B
| $63.4M | 0.01% |
587,000
+243,900
| +71% | +$23.5M |
|
|
BINI
904
CALL
DELISTED
Bollinger Innovations
BINI
| – | – |
0
| – | – |
|
|
CNR
905
CALL
Core Natural Resources Inc
CNR
$4.78B
| $63.2M | 0.01% |
629,100
-83,400
| -12% | -$8.48M |
|
906
CALL
L3Harris
LHX
$48.9B
| $62.8M | 0.01% |
298,400
+108,300
| +57% | +$20.3M |
|
907
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $62.8M | 0.01% |
297,696
-80,960
| -21% | -$26.1M |
|
908
VanEck Oil Services ETF
OIH
$1.94B
| $62.7M | 0.01% |
202,729
+119,539
| +144% | +$38.4M |
|
909
Valero Energy
VLO
$99.6B
| $62.7M | 0.01% |
482,066
+39,306
| +9% | +$5M |
|
910
Eaton
ETN
$159B
| $62.6M | 0.01% |
260,014
+116,142
| +81% | +$25.6M |
|
911
CALL
Toronto Dominion Bank
TD
$193B
| $62.6M | 0.01% |
968,700
+355,800
| +58% | +$21.3M |
|
912
CALL
Oneok
OKE
$58.6B
| $62.5M | 0.01% |
889,600
-476,200
| -35% | -$31.9M |
|
913
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $62.5M | 0.01% |
459,800
+92,200
| +25% | +$11.2M |
|
914
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $62.4M | 0.01% |
3,046,200
+843,900
| +38% | +$15.3M |
|
|
P
915
Everpure Inc
P
$33.4B
| $62.3M | 0.01% |
1,748,427
+1,308,559
| +297% | +$45.9M |
|
916
Enphase Energy
ENPH
$4.91B
| $62.1M | 0.01% |
469,941
+42,192
| +10% | +$4.47M |
|
917
PUT
Chewy
CHWY
$10B
| $62M | 0.01% |
2,622,100
-39,500
| -1% | -$779K |
|
918
PUT
Shell
SHEL
$257B
| $61.9M | 0.01% |
941,100
-350,000
| -27% | -$23M |
|
919
US Bancorp
USB
$97.3B
| $61.8M | 0.01% |
1,427,283
+430,871
| +43% | +$15.8M |
|
920
CALL
MSCI
MSCI
$41.5B
| $61.8M | 0.01% |
109,200
-1,400
| -1% | -$723K |
|
921
Avantor
AVTR
$9.64B
| $61.8M | 0.01% |
2,705,083
+2,530,895
| +1,453% | +$51.9M |
|
922
Compañía de Minas Buenaventura
BVN
$8.94B
| $61.6M | 0.01% |
4,042,574
-1,036,373
| -20% | -$10M |
|
923
CALL
Fastenal
FAST
$58.8B
| $61.6M | 0.01% |
1,900,600
+740,000
| +64% | +$22.3M |
|
924
CALL
Norfolk Southern
NSC
$79.3B
| $61.5M | 0.01% |
260,300
-50,900
| -16% | -$10.7M |
|
925
CALL
PENN Entertainment
PENN
$2.45B
| $61.4M | 0.01% |
2,360,400
-358,600
| -13% | -$8.32M |
|
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.