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 | |
|---|---|---|---|---|---|---|
951
CALL
Five Below
FIVE
$14.5B
| $58M | 0.01% |
271,900
+31,000
| +13% | +$5.69M |
|
952
PUT
Nutrien
NTR
$35.5B
| $57.9M | 0.01% |
1,027,300
+412,800
| +67% | +$23.3M |
|
953
Waste Management
WM
$90.5B
| $57.8M | 0.01% |
322,876
-263,365
| -45% | -$44.2M |
|
954
CALL
PPG Industries
PPG
$25.2B
| $57.8M | 0.01% |
386,600
-135,100
| -26% | -$18.3M |
|
955
Mondelez International
MDLZ
$82.6B
| $57.8M | 0.01% |
797,997
+12,416
| +2% | +$851K |
|
956
KKR & Co
KKR
$96.3B
| $57.7M | 0.01% |
695,994
-129,317
| -16% | -$8.76M |
|
957
CSX Corp
CSX
$95.3B
| $57.6M | 0.01% |
1,662,223
+696,746
| +72% | +$22.2M |
|
958
Charter Communications
CHTR
$17.9B
| $57.4M | 0.01% |
147,616
-109,029
| -42% | -$44.5M |
|
959
PUT
Macy's
M
$6.1B
| $57.3M | 0.01% |
2,850,200
+380,100
| +15% | +$5.5M |
|
960
PUT
Arm
ARM
$255B
| $57.3M | 0.01% |
762,600
+61,200
| +9% | +$3.58M |
|
961
CALL
CRISPR Therapeutics
CRSP
$5.52B
| $57.2M | 0.01% |
913,600
+528,700
| +137% | +$29.2M |
|
962
PUT
Agnico Eagle Mines
AEM
$110B
| $57.1M | 0.01% |
1,040,500
+44,000
| +4% | +$2.2M |
|
963
CALL
American International
AIG
$40.5B
| $57M | 0.01% |
840,900
-92,600
| -10% | -$5.9M |
|
964
CALL
Toyota
TM
$229B
| $56.9M | 0.01% |
310,500
+3,000
| +1% | +$547K |
|
965
PUT
APA Corp
APA
$15.1B
| $56.8M | 0.01% |
1,583,700
-288,100
| -15% | -$10.9M |
|
966
United Rentals
URI
$67.4B
| $56.8M | 0.01% |
99,077
+62,924
| +174% | +$29.7M |
|
|
APLS
967
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $56.6M | 0.01% |
945,700
-74,000
| -7% | -$3.75M |
|
968
PUT
Scorpio Tankers
STNG
$3.92B
| $56.5M | 0.01% |
929,100
+109,100
| +13% | +$6.14M |
|
|
CMA
969
PUT
DELISTED
Comerica
CMA
| $56.5M | 0.01% |
1,011,500
+94,500
| +10% | +$4.27M |
|
|
LBRDK
970
DELISTED
Liberty Broadband Class C
LBRDK
| $56.2M | 0.01% |
697,855
+466,282
| +201% | +$39.1M |
|
971
PUT
Colgate-Palmolive
CL
$73.8B
| $56.2M | 0.01% |
704,900
-332,200
| -32% | -$25M |
|
972
PUT
Pool Corp
POOL
$6.84B
| $56.1M | 0.01% |
140,600
-1,700
| -1% | -$596K |
|
973
PUT
Old Dominion Freight Line
ODFL
$41.8B
| $56.1M | 0.01% |
276,600
-330,800
| -54% | -$65.6M |
|
974
CALL
Ferrari
RACE
$74.6B
| $55.7M | 0.01% |
164,700
-1,700
| -1% | -$568K |
|
975
Danaher
DHR
$151B
| $55.3M | 0.01% |
239,051
-284,491
| -54% | -$60.5M |
|
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.