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 | |
|---|---|---|---|---|---|---|
1226
Builders FirstSource
BLDR
$7.46B
| $38.4M | 0.01% |
229,727
+225,103
| +4,868% | +$29.9M |
|
|
ARCH
1227
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $38.3M | 0.01% |
231,000
+12,800
| +6% | +$2.01M |
|
1228
CALL
Zions Bancorporation
ZION
$9.86B
| $38.1M | 0.01% |
869,600
-329,000
| -27% | -$11.9M |
|
1229
PUT
W.W. Grainger
GWW
$61.3B
| $38.1M | 0.01% |
46,000
-20,300
| -31% | -$15.6M |
|
1230
CALL
Monster Beverage
MNST
$95.5B
| $38.1M | 0.01% |
1,322,000
-234,800
| -15% | -$6.27M |
|
1231
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $38M | 0.01% |
1,591,000
+1,168,000
| +276% | +$28.9M |
|
1232
CALL
Conagra Brands
CAG
$7.81B
| $38M | 0.01% |
1,325,400
+528,800
| +66% | +$14.8M |
|
1233
Intercontinental Exchange
ICE
$90.8B
| $38M | 0.01% |
295,586
+92,054
| +45% | +$10.4M |
|
1234
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $37.9M | 0.01% |
792,600
-538,500
| -40% | -$23.8M |
|
|
P
1235
CALL
Everpure Inc
P
$34.2B
| $37.9M | 0.01% |
1,062,000
-632,300
| -37% | -$22.2M |
|
1236
Ecolab
ECL
$81.2B
| $37.9M | 0.01% |
190,907
-11,580
| -6% | -$2.08M |
|
1237
CALL
Corning
GLW
$127B
| $37.9M | 0.01% |
1,243,200
-177,200
| -12% | -$5.07M |
|
|
CFLT
1238
CALL
DELISTED
Confluent
CFLT
| $37.9M | 0.01% |
1,617,700
+941,200
| +139% | +$22.7M |
|
1239
CALL
KE Holdings
BEKE
$19.9B
| $37.8M | 0.01% |
2,333,100
+764,500
| +49% | +$11.8M |
|
1240
CALL
Tenet Healthcare
THC
$21.9B
| $37.8M | 0.01% |
500,400
+129,000
| +35% | +$8.18M |
|
1241
AB InBev
BUD
$155B
| $37.7M | 0.01% |
583,762
+154,254
| +36% | +$9.12M |
|
1242
PUT
Duolingo
DUOL
$6.83B
| $37.6M | 0.01% |
165,900
+45,400
| +38% | +$8.83M |
|
1243
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $37.6M | 0.01% |
320,900
+235,100
| +274% | +$26.8M |
|
1244
Halliburton
HAL
$28.2B
| $37.5M | 0.01% |
1,037,902
-305,725
| -23% | -$11.8M |
|
|
HUT
1245
CALL
Hut 8
HUT
$10.5B
| $37.5M | 0.01% |
2,808,400
+2,694,400
| +2,364% | +$28.7M |
|
1246
CALL
Baker Hughes
BKR
$61.4B
| $37.4M | 0.01% |
1,093,700
+87,200
| +9% | +$2.97M |
|
1247
PUT
Realty Income
O
$59.5B
| $37.4M | 0.01% |
651,000
+14,200
| +2% | +$745K |
|
|
CYBR
1248
CALL
DELISTED
CyberArk
CYBR
| $37.2M | 0.01% |
169,800
+32,200
| +23% | +$5.97M |
|
1249
CALL
New Oriental
EDU
$9.08B
| $37.2M | 0.01% |
507,500
+107,900
| +27% | +$7.49M |
|
1250
General Motors
GM
$75.3B
| $37.1M | 0.01% |
1,034,193
+108,231
| +12% | +$3.35M |
|
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.