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 | |
|---|---|---|---|---|---|---|
926
PUT
Ferrari
RACE
$74.6B
| $61.3M | 0.01% |
181,000
+25,000
| +16% | +$8.35M |
|
927
PUT
Skyworks Solutions
SWKS
$10.1B
| $60.9M | 0.01% |
541,300
+81,800
| +18% | +$8M |
|
928
PUT
XPeng
XPEV
$10.7B
| $60.8M | 0.01% |
4,169,200
-1,772,100
| -30% | -$28.2M |
|
929
CALL
Air Products & Chemicals
APD
$68.2B
| $60.8M | 0.01% |
222,100
-59,200
| -21% | -$16.3M |
|
930
CALL
Wingstop
WING
$3.18B
| $60.6M | 0.01% |
236,200
-148,300
| -39% | -$32M |
|
931
CALL
Pool Corp
POOL
$6.84B
| $60.4M | 0.01% |
151,400
+66,400
| +78% | +$23.3M |
|
932
PUT
BILL Holdings
BILL
$4.8B
| $60.3M | 0.01% |
739,600
-292,200
| -28% | -$24M |
|
933
CALL
Signet Jewelers
SIG
$3.24B
| $60.3M | 0.01% |
562,500
+412,500
| +275% | +$33.8M |
|
934
Baidu
BIDU
$31.3B
| $60.3M | 0.01% |
506,458
+290,154
| +134% | +$33.5M |
|
935
CALL
Sysco
SYY
$40.1B
| $60.2M | 0.01% |
823,600
-119,400
| -13% | -$8.24M |
|
936
CALL
Fidelity National Information Services
FIS
$21.4B
| $60.2M | 0.01% |
1,002,300
-625,500
| -38% | -$34.3M |
|
937
Cheniere Energy
LNG
$58B
| $59.7M | 0.01% |
349,426
+52,149
| +18% | +$8.96M |
|
938
CALL
Williams Companies
WMB
$86.8B
| $59.6M | 0.01% |
1,711,900
+272,000
| +19% | +$9.55M |
|
939
CALL
Halliburton
HAL
$28.9B
| $59.6M | 0.01% |
1,648,400
-64,100
| -4% | -$2.46M |
|
940
Abbott
ABT
$202B
| $59.4M | 0.01% |
539,698
-111,294
| -17% | -$11.1M |
|
|
941
CALL
Skyworks Solutions
SWKS
$10.1B
| $59.2M | 0.01% |
527,000
+22,700
| +5% | +$2.22M |
|
942
PUT
TransDigm Group
TDG
$66.3B
| $59.1M | 0.01% |
58,400
-47,900
| -45% | -$44.2M |
|
943
Sherwin-Williams
SHW
$84.2B
| $58.9M | 0.01% |
188,802
+69,652
| +58% | +$18.7M |
|
944
PUT
American Tower
AMT
$83.1B
| $58.7M | 0.01% |
271,900
-71,500
| -21% | -$13.5M |
|
945
PUT
United States Natural Gas Fund
UNG
$511M
| $58.5M | 0.01% |
2,886,725
+595,525
| +26% | +$14.8M |
|
946
CALL
Intercontinental Exchange
ICE
$91.5B
| $58.5M | 0.01% |
455,300
+153,000
| +51% | +$17.3M |
|
947
CALL
LyondellBasell Industries
LYB
$21.1B
| $58.4M | 0.01% |
614,700
-206,200
| -25% | -$19.3M |
|
948
CALL
Group 1 Automotive
GPI
$3.09B
| $58.3M | 0.01% |
191,300
-95,400
| -33% | -$26M |
|
949
Intuitive Surgical
ISRG
$132B
| $58.2M | 0.01% |
172,470
+9,679
| +6% | +$2.89M |
|
950
CALL
Mondelez International
MDLZ
$82.6B
| $58M | 0.01% |
801,100
-236,200
| -23% | -$16.2M |
|
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.