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 | |
|---|---|---|---|---|---|---|
1001
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $52.8M | 0.01% |
463,179
-322,014
| -41% | -$33.8M |
|
1002
PUT
Floor & Decor
FND
$5.84B
| $52.7M | 0.01% |
472,200
+19,600
| +4% | +$1.81M |
|
1003
CALL
Royal Gold
RGLD
$22.3B
| $52.4M | 0.01% |
433,600
+150,100
| +53% | +$17M |
|
1004
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.74B
| $52.4M | 0.01% |
2,556,400
+107,700
| +4% | +$1.95M |
|
1005
CALL
Canadian Natural Resources
CNQ
$104B
| $52.4M | 0.01% |
1,598,000
-270,800
| -14% | -$8.77M |
|
1006
CALL
Synchrony
SYF
$26B
| $52.3M | 0.01% |
1,368,800
+622,400
| +83% | +$19.7M |
|
1007
CALL
Zoetis
ZTS
$31.9B
| $52.1M | 0.01% |
264,100
+42,100
| +19% | +$7.45M |
|
1008
CALL
iShares MSCI India ETF
INDA
$6.59B
| $52M | 0.01% |
1,066,200
+643,900
| +152% | +$29.3M |
|
|
FITB
1009
CALL
Fifth Third Bancorp
FITB
$49.8B
| $52M | 0.01% |
1,508,600
+507,200
| +51% | +$14.1M |
|
1010
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $52M | 0.01% |
1,372,398
+1,118,277
| +440% | +$39.5M |
|
1011
PUT
Lithia Motors
LAD
$8.1B
| $52M | 0.01% |
157,800
+57,200
| +57% | +$15.7M |
|
1012
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $51.9M | 0.01% |
670,663
+659,585
| +5,954% | +$50M |
|
1013
Truist Financial
TFC
$62.1B
| $51.7M | 0.01% |
1,401,205
+236,169
| +20% | +$7.41M |
|
|
AYX
1014
CALL
DELISTED
Alteryx Inc
AYX
| $51.7M | 0.01% |
1,096,500
+324,800
| +42% | +$12.6M |
|
1015
CALL
Bunge Global
BG
$21.2B
| $51.7M | 0.01% |
511,700
-80,100
| -14% | -$8.4M |
|
1016
PUT
Waste Management
WM
$90.5B
| $51.6M | 0.01% |
288,300
-620,600
| -68% | -$104M |
|
1017
PUT
Prologis
PLD
$136B
| $51.6M | 0.01% |
387,200
+105,500
| +37% | +$12M |
|
1018
CALL
TotalEnergies
TTE
$198B
| $51.6M | 0.01% |
765,900
-226,800
| -23% | -$15.1M |
|
|
BNY
1019
CALL
Bank of New York Mellon
BNY
$110B
| $51.4M | 0.01% |
986,900
-270,600
| -22% | -$12.5M |
|
1020
Vertex Pharmaceuticals
VRTX
$139B
| $51.2M | 0.01% |
125,884
-73,360
| -37% | -$27.1M |
|
1021
PUT
Duke Energy
DUK
$95.1B
| $51.2M | 0.01% |
527,600
-1,300
| -0.2% | -$118K |
|
1022
PUT
DuPont de Nemours
DD
$18.5B
| $51.2M | 0.01% |
529,943
+167,858
| +46% | +$15.3M |
|
1023
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$407M
| $51.2M | 0.01% |
179,930
-10,510
| -6% | -$5.03M |
|
1024
CALL
Hasbro
HAS
$13.5B
| $51.2M | 0.01% |
1,002,000
+353,400
| +54% | +$17.9M |
|
1025
PUT
Suncor Energy
SU
$78.8B
| $51M | 0.01% |
1,593,200
-225,500
| -12% | -$7.36M |
|
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.