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 | |
|---|---|---|---|---|---|---|
1101
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $45.6M | 0.01% |
192,200
-342,000
| -64% | -$75.6M |
|
1102
CALL
Dominion Energy
D
$58.6B
| $45.3M | 0.01% |
963,100
+20,300
| +2% | +$906K |
|
1103
CALL
StoneCo
STNE
$2.2B
| $45.2M | 0.01% |
2,505,600
+973,900
| +64% | +$12.8M |
|
1104
CALL
PBF Energy
PBF
$8.24B
| $45.1M | 0.01% |
1,026,700
-347,100
| -25% | -$15.8M |
|
1105
PUT
NRG Energy
NRG
$23.5B
| $45M | 0.01% |
871,300
+281,200
| +48% | +$12.7M |
|
1106
PUT
Boston Scientific
BSX
$71B
| $45M | 0.01% |
779,200
-1,704,700
| -69% | -$91M |
|
1107
CALL
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $45M | 0.01% |
474,900
+454,000
| +2,172% | +$41.5M |
|
1108
PUT
Saia
SAIA
$9.32B
| $44.7M | 0.01% |
102,000
+2,000
| +2% | +$808K |
|
1109
Perrigo
PRGO
$1.98B
| $44.7M | 0.01% |
1,388,440
+967,300
| +230% | +$28.9M |
|
1110
CALL
Old Dominion Freight Line
ODFL
$41.8B
| $44.6M | 0.01% |
220,200
-156,600
| -42% | -$31.1M |
|
1111
CALL
AutoNation
AN
$6.45B
| $44.5M | 0.01% |
296,300
-80,600
| -21% | -$11.1M |
|
1112
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $44.5M | 0.01% |
743,700
-120,500
| -14% | -$6.38M |
|
1113
PUT
Arbor Realty Trust
ABR
$979M
| $44.5M | 0.01% |
2,928,700
+1,217,000
| +71% | +$16.7M |
|
1114
CALL
iShares Russell 1000 Value ETF
IWD
$84.3B
| $44.3M | 0.01% |
268,300
+88,200
| +49% | +$13.6M |
|
1115
CALL
Kohl's
KSS
$2.08B
| $44.2M | 0.01% |
1,542,500
+254,800
| +20% | +$5.97M |
|
1116
CALL
Parker-Hannifin
PH
$128B
| $44.2M | 0.01% |
96,000
-11,300
| -11% | -$4.7M |
|
1117
CALL
Teva Pharmaceuticals
TEVA
$43B
| $44.1M | 0.01% |
4,219,400
-568,200
| -12% | -$5.3M |
|
1118
CALL
Agilent Technologies
A
$43.3B
| $43.9M | 0.01% |
315,700
+170,800
| +118% | +$20.3M |
|
1119
PUT
Equifax
EFX
$22.9B
| $43.8M | 0.01% |
177,300
-4,500
| -2% | -$913K |
|
|
SAVE
1120
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $43.8M | 0.01% |
2,673,300
+1,532,100
| +134% | +$22M |
|
1121
PUT
Fortinet
FTNT
$112B
| $43.8M | 0.01% |
748,000
+63,500
| +9% | +$3.51M |
|
1122
CALL
Roper Technologies
ROP
$41.1B
| $43.7M | 0.01% |
80,200
-16,600
| -17% | -$8.55M |
|
1123
Moderna
MRNA
$55.4B
| $43.7M | 0.01% |
439,606
+107,579
| +32% | +$9.05M |
|
1124
Palantir
PLTR
$423B
| $43.6M | 0.01% |
2,537,757
+1,279,138
| +102% | +$22.8M |
|
1125
PUT
Becton Dickinson
BDX
$52B
| $43.5M | 0.01% |
178,500
+14,900
| +9% | +$3.67M |
|
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.