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 | |
|---|---|---|---|---|---|---|
1051
PUT
MGM Resorts International
MGM
$11B
| $49.1M | 0.01% |
1,099,400
-932,000
| -46% | -$36.6M |
|
1052
CALL
Trane Technologies
TT
$99.7B
| $49.1M | 0.01% |
201,200
-30,600
| -13% | -$6.69M |
|
1053
PUT
Transocean
RIG
$6.44B
| $49M | 0.01% |
7,714,500
-320,700
| -4% | -$2.15M |
|
1054
CALL
T. Rowe Price
TROW
$24B
| $48.8M | 0.01% |
453,100
-43,200
| -9% | -$4.3M |
|
1055
CALL
Edwards Lifesciences
EW
$52.2B
| $48.7M | 0.01% |
638,100
+119,900
| +23% | +$8.34M |
|
1056
Cintas
CTAS
$83B
| $48.6M | 0.01% |
322,396
+126,668
| +65% | +$17M |
|
1057
CALL
Teladoc Health
TDOC
$1.13B
| $48.5M | 0.01% |
2,249,000
+318,700
| +17% | +$5.88M |
|
1058
Illinois Tool Works
ITW
$80.9B
| $48.4M | 0.01% |
184,942
+85,786
| +87% | +$20.6M |
|
|
KRTX
1059
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $48.4M | 0.01% |
153,000
+56,400
| +58% | +$11M |
|
1060
CALL
GoDaddy
GDDY
$12.7B
| $48.4M | 0.01% |
455,500
+158,000
| +53% | +$14.1M |
|
1061
CALL
The Mosaic Company
MOS
$7.63B
| $48.3M | 0.01% |
1,351,900
-642,800
| -32% | -$22.7M |
|
1062
CALL
Cardinal Health
CAH
$54B
| $48.3M | 0.01% |
479,200
-138,200
| -22% | -$13.7M |
|
1063
CALL
Southern Company
SO
$104B
| $47.8M | 0.01% |
682,300
-385,000
| -36% | -$26.4M |
|
|
WCC
1064
CALL
WESCO International
WCC
$16.4B
| $47.8M | 0.01% |
275,100
+10,700
| +4% | +$1.6M |
|
1065
Emerson Electric
EMR
$87.9B
| $47.8M | 0.01% |
491,347
+147,087
| +43% | +$13.5M |
|
1066
CALL
Sony
SONY
$142B
| $47.7M | 0.01% |
2,518,000
-699,000
| -22% | -$12.1M |
|
1067
Lowe's Companies
LOW
$122B
| $47.6M | 0.01% |
213,938
-325,776
| -60% | -$66M |
|
1068
PUT
Cencora
COR
$61.8B
| $47.5M | 0.01% |
231,500
+98,100
| +74% | +$19.1M |
|
1069
PUT
Bath & Body Works
BBWI
$3.86B
| $47.5M | 0.01% |
1,100,200
+511,100
| +87% | +$17.3M |
|
1070
CALL
Camtek
CAMT
$6.64B
| $47.4M | 0.01% |
683,400
-24,700
| -3% | -$1.5M |
|
1071
CALL
PACCAR
PCAR
$68.4B
| $47.4M | 0.01% |
485,500
+97,850
| +25% | +$8.79M |
|
1072
PUT
Canadian Natural Resources
CNQ
$104B
| $47.4M | 0.01% |
1,446,800
+123,400
| +9% | +$3.99M |
|
1073
PUT
BRC Group Holdings
RILY
$283M
| $47.3M | 0.01% |
2,254,700
+1,764,100
| +360% | +$51.6M |
|
1074
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $47.3M | 0.01% |
125,550
+58,084
| +86% | +$20.3M |
|
1075
CALL
iShares MSCI Canada ETF
EWC
$6.9B
| $46.9M | 0.01% |
1,279,900
+782,600
| +157% | +$26.7M |
|
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.