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 | |
|---|---|---|---|---|---|---|
|
MRO
1126
CALL
DELISTED
Marathon Oil Corporation
MRO
| $43.4M | 0.01% |
1,796,900
+290,600
| +19% | +$7.49M |
|
1127
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $43.4M | 0.01% |
1,815,400
+1,459,300
| +410% | +$36.1M |
|
1128
CALL
Restaurant Brands International
QSR
$28.4B
| $43.4M | 0.01% |
555,100
-210,700
| -28% | -$14.7M |
|
1129
CALL
Penumbra
PEN
$12.8B
| $43.2M | 0.01% |
171,700
-7,000
| -4% | -$1.55M |
|
1130
PUT
American International
AIG
$40.5B
| $43.2M | 0.01% |
637,000
+90,000
| +16% | +$5.73M |
|
1131
PUT
SL Green Realty
SLG
$4.15B
| $43.1M | 0.01% |
954,100
-177,700
| -16% | -$6.55M |
|
1132
PUT
KE Holdings
BEKE
$19.5B
| $43.1M | 0.01% |
2,658,000
+1,326,800
| +100% | +$20.5M |
|
1133
CALL
Paychex
PAYX
$44.8B
| $43.1M | 0.01% |
361,700
-21,500
| -6% | -$2.55M |
|
1134
PUT
The Mosaic Company
MOS
$7.63B
| $43M | 0.01% |
1,203,500
-323,000
| -21% | -$11.4M |
|
1135
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $43M | 0.01% |
692,025
-119,100
| -15% | -$9.62M |
|
1136
CVS Health
CVS
$120B
| $42.9M | 0.01% |
543,873
-215,043
| -28% | -$15.3M |
|
1137
PUT
Match Group
MTCH
$9.58B
| $42.9M | 0.01% |
1,176,100
-49,400
| -4% | -$1.67M |
|
|
EA
1138
PUT
DELISTED
Electronic Arts
EA
| $42.9M | 0.01% |
313,600
+60,700
| +24% | +$8.02M |
|
1139
PUT
Dell
DELL
$280B
| $42.9M | 0.01% |
560,500
-464,500
| -45% | -$32.8M |
|
1140
PUT
Abercrombie & Fitch
ANF
$4.99B
| $42.8M | 0.01% |
485,100
+294,200
| +154% | +$20.9M |
|
1141
CALL
Toast
TOST
$21.2B
| $42.6M | 0.01% |
2,335,700
+883,300
| +61% | +$14.5M |
|
1142
CALL
Ally Financial
ALLY
$12.9B
| $42.6M | 0.01% |
1,221,100
+336,300
| +38% | +$9.39M |
|
1143
CALL
Quanta Services
PWR
$92.7B
| $42.6M | 0.01% |
197,500
-14,600
| -7% | -$2.7M |
|
1144
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $42.5M | 0.01% |
922,800
+577,600
| +167% | +$22.9M |
|
1145
Progressive
PGR
$130B
| $42.4M | 0.01% |
266,266
+56,897
| +27% | +$8.91M |
|
1146
CALL
XPO
XPO
$22.5B
| $42.4M | 0.01% |
484,100
-54,500
| -10% | -$4.44M |
|
1147
PNC Financial Services
PNC
$97.2B
| $42.4M | 0.01% |
273,560
-261,672
| -49% | -$33.9M |
|
1148
PUT
Lyft
LYFT
$6.69B
| $42.2M | 0.01% |
2,815,200
-295,700
| -10% | -$3.44M |
|
1149
United Airlines
UAL
$36.9B
| $42.1M | 0.01% |
1,020,616
+775,213
| +316% | +$30.5M |
|
1150
Riot Platforms
RIOT
$7.51B
| $42.1M | 0.01% |
2,719,396
+88,607
| +3% | +$1.07M |
|
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.