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 | |
|---|---|---|---|---|---|---|
|
XYZ
976
Block Inc
XYZ
$48.9B
| $55.2M | 0.01% |
713,738
-1,084,615
| -60% | -$61.3M |
|
977
Zscaler
ZS
$28.5B
| $55M | 0.01% |
248,357
-83,795
| -25% | -$15.5M |
|
978
PUT
Truist Financial
TFC
$62.1B
| $54.9M | 0.01% |
1,488,100
-182,200
| -11% | -$5.72M |
|
979
CALL
AB InBev
BUD
$156B
| $54.6M | 0.01% |
845,500
-204,700
| -19% | -$12.1M |
|
980
Elevance Health
ELV
$87.3B
| $54.6M | 0.01% |
115,822
+9,462
| +9% | +$4.38M |
|
981
CALL
UiPath
PATH
$8.59B
| $54.6M | 0.01% |
2,198,700
+51,600
| +2% | +$1.01M |
|
982
PUT
Toyota
TM
$229B
| $54.6M | 0.01% |
297,800
+93,200
| +46% | +$17M |
|
|
WCC
983
PUT
WESCO International
WCC
$16.4B
| $54.5M | 0.01% |
313,500
-12,100
| -4% | -$1.81M |
|
984
CALL
Madrigal Pharmaceuticals
MDGL
$11.8B
| $54.4M | 0.01% |
235,100
-135,900
| -37% | -$23.8M |
|
985
Occidental Petroleum
OXY
$60.1B
| $54.4M | 0.01% |
910,428
-453,713
| -33% | -$27.7M |
|
|
EXE
986
PUT
Expand Energy Corp
EXE
$22.3B
| $54.3M | 0.01% |
706,000
+16,900
| +2% | +$1.39M |
|
987
CALL
Seagate
STX
$180B
| $54.3M | 0.01% |
636,200
-636,100
| -50% | -$47.5M |
|
|
988
PUT
Seagate
STX
$180B
| $54.3M | 0.01% |
636,000
-153,900
| -19% | -$11.5M |
|
989
CALL
DuPont de Nemours
DD
$18.5B
| $54.3M | 0.01% |
561,969
-188,969
| -25% | -$17.2M |
|
990
ASML
ASML
$668B
| $54.1M | 0.01% |
71,412
-81,676
| -53% | -$53.9M |
|
|
ANSS
991
PUT
DELISTED
Ansys
ANSS
| $54M | 0.01% |
148,900
+119,700
| +410% | +$35.5M |
|
992
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $53.9M | 0.01% |
603,964
+17,259
| +3% | +$1.28M |
|
993
CALL
Warner Bros
WBD
$72B
| $53.3M | 0.01% |
4,684,500
-542,900
| -10% | -$5.86M |
|
994
Marvell Technology
MRVL
$206B
| $53.2M | 0.01% |
881,949
-206,501
| -19% | -$11.2M |
|
995
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$5.38B
| $53.2M | 0.01% |
797,000
-94,600
| -11% | -$5.13M |
|
996
CALL
Cintas
CTAS
$83B
| $53.1M | 0.01% |
352,400
-47,600
| -12% | -$6.38M |
|
997
Analog Devices
ADI
$181B
| $53.1M | 0.01% |
267,372
-64,243
| -19% | -$11.5M |
|
998
Cytokinetics
CYTK
$10.7B
| $53.1M | 0.01% |
635,502
+470,916
| +286% | +$17.1M |
|
999
CALL
Danaos Corp
DAC
$2.74B
| $52.9M | 0.01% |
714,900
-22,700
| -3% | -$1.54M |
|
1000
CALL
Sunrun
RUN
$2.15B
| $52.8M | 0.01% |
2,690,400
+1,556,000
| +137% | +$19.7M |
|
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.