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 | |
|---|---|---|---|---|---|---|
|
MRSH
1201
CALL
Marsh
MRSH
$92.9B
| $39.6M | 0.01% |
209,000
+97,000
| +87% | +$18.7M |
|
1202
PUT
MSCI
MSCI
$41.5B
| $39.6M | 0.01% |
70,000
+11,400
| +19% | +$5.88M |
|
1203
PUT
PPG Industries
PPG
$25.2B
| $39.6M | 0.01% |
264,700
-51,800
| -16% | -$7.01M |
|
1204
CALL
Wolfspeed
WOLF
$1.29B
| $39.5M | 0.01% |
908,400
+121,100
| +15% | +$4.39M |
|
1205
ON Semiconductor
ON
$28B
| $39.4M | 0.01% |
472,126
+65,805
| +16% | +$5.17M |
|
1206
PUT
Signet Jewelers
SIG
$3.24B
| $39.4M | 0.01% |
367,400
+198,200
| +117% | +$16.3M |
|
1207
PUT
Mondelez International
MDLZ
$82.6B
| $39.3M | 0.01% |
543,200
+181,500
| +50% | +$12.4M |
|
|
PXD
1208
DELISTED
Pioneer Natural Resource Co.
PXD
| $39.3M | 0.01% |
174,572
+17,667
| +11% | +$4.14M |
|
|
HUT
1209
PUT
Hut 8
HUT
$9.81B
| $39.2M | 0.01% |
2,936,500
+2,702,380
| +1,154% | +$28.8M |
|
1210
Air Products & Chemicals
APD
$68.2B
| $39.2M | 0.01% |
142,992
-265
| -0.2% | -$72.9K |
|
1211
CALL
CSX Corp
CSX
$95.3B
| $39.1M | 0.01% |
1,129,000
-163,800
| -13% | -$5.22M |
|
1212
TransDigm Group
TDG
$66.3B
| $39M | 0.01% |
38,536
+17,053
| +79% | +$15.7M |
|
1213
CALL
Vulcan Materials
VMC
$35.8B
| $39M | 0.01% |
171,600
+24,600
| +17% | +$5.21M |
|
1214
Parker-Hannifin
PH
$128B
| $38.9M | 0.01% |
84,468
+37,916
| +81% | +$15.8M |
|
1215
PUT
NetApp
NTAP
$36.7B
| $38.9M | 0.01% |
440,800
+230,400
| +110% | +$18.5M |
|
1216
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $38.8M | 0.01% |
647,700
-120,500
| -16% | -$6.38M |
|
1217
PUT
GitLab
GTLB
$7.1B
| $38.7M | 0.01% |
615,400
-370,100
| -38% | -$18.7M |
|
1218
Blackrock
BLK
$182B
| $38.7M | 0.01% |
47,708
-73,562
| -61% | -$51.4M |
|
1219
CALL
KB Home
KBH
$3.41B
| $38.7M | 0.01% |
619,600
-31,800
| -5% | -$1.63M |
|
1220
PUT
GoDaddy
GDDY
$12.7B
| $38.7M | 0.01% |
364,400
+136,800
| +60% | +$12.2M |
|
1221
Diamondback Energy
FANG
$57.6B
| $38.7M | 0.01% |
249,304
+123,917
| +99% | +$19.4M |
|
|
EDR
1222
CALL
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $38.6M | 0.01% |
1,626,400
+1,173,500
| +259% | +$26.5M |
|
1223
Warner Bros
WBD
$72B
| $38.6M | 0.01% |
3,390,362
-1,030,313
| -23% | -$11.1M |
|
1224
PUT
Wheaton Precious Metals
WPM
$72.8B
| $38.5M | 0.01% |
780,700
+273,500
| +54% | +$12.4M |
|
1225
CALL
Check Point Software Technologies
CHKP
$13.3B
| $38.4M | 0.01% |
251,500
-45,600
| -15% | -$6.44M |
|
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.