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 | |
|---|---|---|---|---|---|---|
1251
PUT
Parker-Hannifin
PH
$129B
| $37.1M | 0.01% |
80,600
+23,800
| +42% | +$9.91M |
|
1252
CALL
GSK
GSK
$104B
| $37.1M | 0.01% |
1,001,900
-1,093,000
| -52% | -$39.2M |
|
1253
CALL
US Global Jets ETF
JETS
$803M
| $37.1M | 0.01% |
1,950,400
+724,100
| +59% | +$12.2M |
|
1254
CALL
Toll Brothers
TOL
$13.6B
| $37M | 0.01% |
360,200
+58,600
| +19% | +$4.88M |
|
1255
Cadence Design Systems
CDNS
$88.7B
| $36.9M | 0.01% |
135,550
-7,403
| -5% | -$1.91M |
|
1256
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$342M
| $36.9M | 0.01% |
379,700
-722,000
| -66% | -$46.6M |
|
1257
CALL
BioNTech
BNTX
$28.9B
| $36.8M | 0.01% |
348,600
-74,400
| -18% | -$7.5M |
|
1258
CALL
ProShares Ultra S&P500
SSO
$8.41B
| $36.7M | 0.01% |
1,129,000
+91,000
| +9% | +$2.62M |
|
1259
PUT
Enterprise Products Partners
EPD
$82.5B
| $36.7M | 0.01% |
1,392,900
-129,600
| -9% | -$3.45M |
|
1260
CALL
Keurig Dr Pepper
KDP
$43.8B
| $36.7M | 0.01% |
1,101,500
+259,600
| +31% | +$8.09M |
|
1261
CALL
Allstate
ALL
$65.3B
| $36.6M | 0.01% |
261,600
-228,600
| -47% | -$29.8M |
|
1262
CALL
HP
HPQ
$26.7B
| $36.6M | 0.01% |
1,216,800
-760,900
| -38% | -$21.3M |
|
1263
PUT
First Citizens BancShares
FCNCA
$24.6B
| $36.6M | 0.01% |
25,800
+7,000
| +37% | +$9.83M |
|
1264
CALL
Entegris
ENTG
$21.3B
| $36.6M | 0.01% |
305,400
+121,100
| +66% | +$12.3M |
|
1265
Teladoc Health
TDOC
$1.13B
| $36.6M | 0.01% |
1,697,463
+859,001
| +102% | +$15.8M |
|
1266
Prologis
PLD
$136B
| $36.6M | 0.01% |
274,419
-97,409
| -26% | -$11.1M |
|
1267
Freeport-McMoran
FCX
$112B
| $36.5M | 0.01% |
858,002
-953,597
| -53% | -$35.2M |
|
|
1268
PUT
Allstate
ALL
$65.3B
| $36.5M | 0.01% |
260,900
-31,800
| -11% | -$4.15M |
|
1269
PUT
Ross Stores
ROST
$76.3B
| $36.5M | 0.01% |
263,600
-241,800
| -48% | -$30.1M |
|
1270
PUT
Ralph Lauren
RL
$21.8B
| $36.4M | 0.01% |
252,100
+94,200
| +60% | +$11.7M |
|
|
FL
1271
CALL
DELISTED
Foot Locker
FL
| $36.3M | 0.01% |
1,164,400
+8,100
| +0.7% | +$195K |
|
1272
CALL
Western Alliance Bancorporation
WAL
$8.62B
| $36.2M | 0.01% |
550,100
+23,400
| +4% | +$1.18M |
|
1273
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $36.2M | 0.01% |
212,300
-31,700
| -13% | -$5.1M |
|
1274
PUT
International Flavors & Fragrances
IFF
$21.9B
| $36.1M | 0.01% |
446,200
-165,600
| -27% | -$12M |
|
1275
Apollo Global Management
APO
$77.5B
| $36M | 0.01% |
386,508
-208,706
| -35% | -$18.4M |
|
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.