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 | |
|---|---|---|---|---|---|---|
1151
CALL
Illinois Tool Works
ITW
$80.9B
| $42M | 0.01% |
160,300
-41,500
| -21% | -$9.94M |
|
1152
CALL
HSBC
HSBC
$357B
| $42M | 0.01% |
1,035,600
-388,600
| -27% | -$15M |
|
|
EA
1153
CALL
DELISTED
Electronic Arts
EA
| $41.9M | 0.01% |
306,400
-67,700
| -18% | -$8.95M |
|
1154
PUT
Kroger
KR
$36.2B
| $41.9M | 0.01% |
915,900
-162,400
| -15% | -$7.21M |
|
1155
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $41.9M | 0.01% |
1,061,100
-718,100
| -40% | -$21M |
|
1156
Albemarle
ALB
$16.7B
| $41.8M | 0.01% |
289,319
+165,939
| +134% | +$22.8M |
|
|
GAP
1157
PUT
The Gap Inc
GAP
$7.33B
| $41.7M | 0.01% |
1,995,900
-946,100
| -32% | -$15.3M |
|
1158
Boston Scientific
BSX
$71B
| $41.7M | 0.01% |
721,346
-329,400
| -31% | -$17.6M |
|
1159
Altria Group
MO
$114B
| $41.6M | 0.01% |
1,032,240
-27,454
| -3% | -$1.14M |
|
1160
PUT
Whirlpool
WHR
$2.62B
| $41.6M | 0.01% |
341,400
+12,500
| +4% | +$1.46M |
|
1161
S&P Global
SPGI
$128B
| $41.6M | 0.01% |
94,322
-51,458
| -35% | -$20.3M |
|
1162
PUT
Idexx Laboratories
IDXX
$44.1B
| $41.5M | 0.01% |
74,700
-19,700
| -21% | -$9.25M |
|
1163
PUT
BioNTech
BNTX
$28.3B
| $41.4M | 0.01% |
392,600
-56,200
| -13% | -$5.66M |
|
1164
Philip Morris
PM
$298B
| $41.4M | 0.01% |
439,827
-158,971
| -27% | -$14.6M |
|
1165
PACCAR
PCAR
$68.4B
| $41.4M | 0.01% |
423,574
+148,380
| +54% | +$13.3M |
|
1166
PUT
Peabody Energy
BTU
$3.4B
| $41.3M | 0.01% |
1,699,800
-194,800
| -10% | -$4.7M |
|
|
ARCH
1167
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $41.3M | 0.01% |
249,100
-144,000
| -37% | -$22.6M |
|
1168
CALL
Invesco KBW Bank ETF
KBWB
$6.79B
| $41.3M | 0.01% |
840,100
+759,500
| +942% | +$32.1M |
|
1169
Devon Energy
DVN
$53.1B
| $41.3M | 0.01% |
910,960
-696,624
| -43% | -$31.9M |
|
1170
Applovin
APP
$99.9B
| $41.2M | 0.01% |
1,034,332
+630,314
| +156% | +$24.7M |
|
1171
PUT
Cboe Global Markets
CBOE
$32.2B
| $41.2M | 0.01% |
230,600
+46,800
| +25% | +$8.02M |
|
1172
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$670M
| $41.2M | 0.01% |
337,500
+254,505
| +307% | +$19.5M |
|
1173
CALL
Royal Bank of Canada
RY
$284B
| $41.1M | 0.01% |
406,900
-38,100
| -9% | -$3.36M |
|
1174
Simon Property Group
SPG
$71.4B
| $41M | 0.01% |
287,608
+152,470
| +113% | +$18.4M |
|
1175
Neogen
NEOG
$2.53B
| $40.9M | 0.01% |
2,034,997
-1,241,724
| -38% | -$21M |
|
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.