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 | |
|---|---|---|---|---|---|---|
1026
CALL
JB Hunt Transport Services
JBHT
$24.4B
| $51M | 0.01% |
255,200
+10,200
| +4% | +$1.89M |
|
1027
PUT
Kohl's
KSS
$2.08B
| $50.9M | 0.01% |
1,776,300
+645,700
| +57% | +$15.1M |
|
1028
CALL
Enovix
ENVX
$718M
| $50.9M | 0.01% |
4,645,371
-306,629
| -6% | -$3.01M |
|
1029
PUT
Ally Financial
ALLY
$12.9B
| $50.8M | 0.01% |
1,454,700
+377,800
| +35% | +$10.6M |
|
|
SCHW
1030
Charles Schwab
SCHW
$197B
| $50.8M | 0.01% |
737,818
-631,801
| -46% | -$36.5M |
|
1031
CALL
Tractor Supply
TSCO
$18.7B
| $50.7M | 0.01% |
1,179,500
+384,000
| +48% | +$15.7M |
|
1032
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33B
| $50.5M | 0.01% |
973,500
+939,000
| +2,722% | +$45.6M |
|
1033
PUT
Akamai
AKAM
$15.2B
| $50.5M | 0.01% |
426,800
+140,900
| +49% | +$15.7M |
|
1034
CALL
Yum! Brands
YUM
$42.9B
| $50.3M | 0.01% |
384,700
+64,200
| +20% | +$8.01M |
|
1035
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$107M
| $50.2M | 0.01% |
1,040,600
+230,400
| +28% | +$8.05M |
|
1036
PUT
NIO
NIO
$10.9B
| $50.1M | 0.01% |
5,521,100
+1,062,300
| +24% | +$8.43M |
|
1037
CALL
GitLab
GTLB
$7.1B
| $50M | 0.01% |
794,900
+123,600
| +18% | +$6.25M |
|
1038
PUT
Teck Resources
TECK
$34.4B
| $50M | 0.01% |
1,182,000
-1,069,300
| -47% | -$41.1M |
|
1039
CALL
Suncor Energy
SU
$78.8B
| $50M | 0.01% |
1,559,300
-3,176,700
| -67% | -$104M |
|
1040
CALL
Xcel Energy
XEL
$48.3B
| $49.9M | 0.01% |
806,400
+19,600
| +2% | +$1.18M |
|
1041
CALL
Elastic
ESTC
$8.65B
| $49.9M | 0.01% |
442,700
+136,100
| +44% | +$12.1M |
|
1042
PUT
Sunrun
RUN
$2.15B
| $49.8M | 0.01% |
2,536,800
+1,135,000
| +81% | +$14.4M |
|
|
DFS
1043
CALL
DELISTED
Discover Financial Services
DFS
| $49.8M | 0.01% |
442,900
-377,200
| -46% | -$34.9M |
|
1044
PUT
Nice
NICE
$5.87B
| $49.7M | 0.01% |
249,000
-63,300
| -20% | -$11.4M |
|
1045
PUT
Chubb
CB
$133B
| $49.6M | 0.01% |
219,600
-14,900
| -6% | -$3.26M |
|
1046
PUT
Academy Sports + Outdoors
ASO
$2.86B
| $49.6M | 0.01% |
751,400
+213,400
| +40% | +$10.8M |
|
1047
CALL
Applovin
APP
$99.9B
| $49.5M | 0.01% |
1,242,000
+285,100
| +30% | +$11.2M |
|
1048
PUT
L3Harris
LHX
$48.9B
| $49.5M | 0.01% |
234,800
+26,700
| +13% | +$5.01M |
|
1049
CALL
XP
XP
$8.66B
| $49.4M | 0.01% |
1,896,000
+1,421,500
| +300% | +$32.4M |
|
1050
PUT
Kraft Heinz
KHC
$30.4B
| $49.4M | 0.01% |
1,335,900
+34,800
| +3% | +$1.18M |
|
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.