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 | |
|---|---|---|---|---|---|---|
1076
General Dynamics
GD
$104B
| $46.7M | 0.01% |
180,016
-13,222
| -7% | -$3.23M |
|
1077
Berkshire Hathaway Class A
BRK.A
$1.08T
| $46.7M | 0.01% |
86
+11
| +15% | +$5.87M |
|
1078
CALL
Vanguard Morningstar Growth ETF
VUG
$224B
| $46.7M | 0.01% |
900,600
+301,200
| +50% | +$14.5M |
|
1079
PUT
Wolfspeed
WOLF
$1.29B
| $46.6M | 0.01% |
1,071,400
+191,800
| +22% | +$6.96M |
|
1080
CALL
Repligen
RGEN
$10.2B
| $46.6M | 0.01% |
259,000
+246,300
| +1,939% | +$38.3M |
|
1081
Tyson Foods
TSN
$20.4B
| $46.5M | 0.01% |
865,448
-401,594
| -32% | -$19.5M |
|
1082
CALL
Nutrien
NTR
$35.5B
| $46.5M | 0.01% |
825,300
+137,900
| +20% | +$7.79M |
|
1083
CALL
Abercrombie & Fitch
ANF
$4.99B
| $46.4M | 0.01% |
526,300
+14,400
| +3% | +$1.02M |
|
1084
PUT
New Oriental
EDU
$8.97B
| $46.4M | 0.01% |
633,400
+63,400
| +11% | +$4.4M |
|
1085
PUT
Cintas
CTAS
$83B
| $46.4M | 0.01% |
308,000
-80,400
| -21% | -$10.8M |
|
1086
PUT
Crown Castle
CCI
$32.5B
| $46.4M | 0.01% |
402,500
+206,500
| +105% | +$21.2M |
|
1087
Gilead Sciences
GILD
$182B
| $46.4M | 0.01% |
572,155
+94,038
| +20% | +$7.32M |
|
1088
Autodesk
ADSK
$53.7B
| $46.3M | 0.01% |
190,227
+90,660
| +91% | +$19.6M |
|
1089
CALL
On Holding
ONON
$9.86B
| $46.2M | 0.01% |
1,714,200
-1,186,300
| -41% | -$32.3M |
|
1090
EOG Resources
EOG
$78.8B
| $46.2M | 0.01% |
381,618
-305,183
| -44% | -$38M |
|
|
SAVE
1091
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $46.1M | 0.01% |
2,815,600
+1,888,200
| +204% | +$27.2M |
|
1092
CALL
Academy Sports + Outdoors
ASO
$2.86B
| $46.1M | 0.01% |
699,100
+162,500
| +30% | +$8.24M |
|
1093
CALL
ProShares Ultra QQQ
QLD
$13.6B
| $46M | 0.01% |
1,211,800
-15,800
| -1% | -$521K |
|
1094
American Express
AXP
$228B
| $46M | 0.01% |
245,687
-594,792
| -71% | -$95.7M |
|
1095
CALL
Steel Dynamics
STLD
$32.9B
| $46M | 0.01% |
389,500
-70,700
| -15% | -$7.88M |
|
1096
PUT
HSBC
HSBC
$357B
| $46M | 0.01% |
1,133,600
-443,400
| -28% | -$17.2M |
|
1097
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $45.9M | 0.01% |
1,073,030
+702,980
| +190% | +$28.1M |
|
1098
PUT
Zions Bancorporation
ZION
$9.91B
| $45.9M | 0.01% |
1,045,700
-175,800
| -14% | -$6.35M |
|
1099
Airbnb
ABNB
$112B
| $45.7M | 0.01% |
335,511
+111,429
| +50% | +$14.4M |
|
1100
CALL
Futu Holdings
FUTU
$16.2B
| $45.6M | 0.01% |
834,600
-247,500
| -23% | -$14.1M |
|
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.