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 | |
|---|---|---|---|---|---|---|
1276
PUT
On Holding
ONON
$9.64B
| $35.9M | 0.01% |
1,329,700
-872,900
| -40% | -$23.8M |
|
1277
CALL
Cognizant
CTSH
$28.2B
| $35.8M | 0.01% |
474,100
-431,900
| -48% | -$29.8M |
|
1278
Sprott Uranium Miners ETF
URNM
$2.26B
| $35.8M | 0.01% |
740,723
+592,988
| +401% | +$27.7M |
|
1279
Trane Technologies
TT
$100B
| $35.7M | 0.01% |
146,337
+59,045
| +68% | +$12.9M |
|
1280
CALL
Aon
AON
$75.7B
| $35.6M | 0.01% |
122,400
+18,600
| +18% | +$5.95M |
|
1281
CALL
Floor & Decor
FND
$5.8B
| $35.6M | 0.01% |
319,200
+128,100
| +67% | +$11.8M |
|
|
FISV
1282
Fiserv Inc
FISV
$27.9B
| $35.6M | 0.01% |
267,733
-214,559
| -44% | -$26.3M |
|
1283
TJX Companies
TJX
$155B
| $35.6M | 0.01% |
378,969
-86,753
| -19% | -$7.78M |
|
1284
Capital One
COF
$133B
| $35.5M | 0.01% |
270,472
+62,003
| +30% | +$6.69M |
|
1285
CALL
NetEase
NTES
$81.7B
| $35.3M | 0.01% |
379,200
+196,200
| +107% | +$20.8M |
|
1286
Hubbell
HUBB
$24.5B
| $35.3M | 0.01% |
107,388
+95,494
| +803% | +$28.7M |
|
1287
PUT
M&T Bank
MTB
$34.6B
| $35.2M | 0.01% |
256,600
+56,900
| +28% | +$7.15M |
|
1288
Trade Desk
TTD
$6.2B
| $35.2M | 0.01% |
488,630
-354,223
| -42% | -$26M |
|
1289
CALL
Lithia Motors
LAD
$8.09B
| $35.1M | 0.01% |
106,700
-6,200
| -5% | -$1.7M |
|
1290
CALL
Cenovus Energy
CVE
$58.3B
| $35.1M | 0.01% |
2,109,000
+518,500
| +33% | +$9.49M |
|
1291
CALL
PG&E
PCG
$40B
| $35M | 0.01% |
1,942,600
-974,300
| -33% | -$16.5M |
|
1292
PUT
XP
XP
$8.72B
| $35M | 0.01% |
1,342,800
-214,900
| -14% | -$4.9M |
|
1293
Copart
CPRT
$30.4B
| $34.8M | 0.01% |
711,127
+392,480
| +123% | +$18.5M |
|
1294
PUT
Sigma Lithium
SGML
$1.36B
| $34.8M | 0.01% |
1,104,000
+390,900
| +55% | +$10.9M |
|
1295
PUT
Boston Beer
SAM
$1.93B
| $34.8M | 0.01% |
100,700
-90,200
| -47% | -$31.6M |
|
1296
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $34.7M | 0.01% |
844,700
+120,000
| +17% | +$4.76M |
|
1297
PUT
GameStop
GME
$8.05B
| $34.6M | 0.01% |
1,975,400
-1,289,100
| -39% | -$18.9M |
|
1298
CALL
CAVA Group
CAVA
$8.32B
| $34.5M | 0.01% |
801,800
+344,300
| +75% | +$12M |
|
1299
CALL
Vanguard Morningstar Small-Cap ETF
VB
$81.8B
| $34.4M | 0.01% |
161,400
+72,800
| +82% | +$14M |
|
1300
CALL
Axcelis
ACLS
$3.8B
| $34.4M | 0.01% |
265,300
+39,500
| +17% | +$5.44M |
|
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.