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 | |
|---|---|---|---|---|---|---|
1301
CALL
Jabil
JBL
$32B
| $34.4M | 0.01% |
269,800
-136,700
| -34% | -$17.4M |
|
1302
CALL
Rocket Companies
RKT
$39.5B
| $34.3M | 0.01% |
2,370,300
+1,882,400
| +386% | +$18M |
|
1303
PUT
NetEase
NTES
$81.7B
| $34.3M | 0.01% |
367,700
+313,700
| +581% | +$33.3M |
|
1304
CALL
Duolingo
DUOL
$6.85B
| $34.1M | 0.01% |
150,500
+36,200
| +32% | +$7.04M |
|
1305
CALL
TransDigm Group
TDG
$65.5B
| $34.1M | 0.01% |
33,700
-11,200
| -25% | -$10.3M |
|
1306
Paychex
PAYX
$44.6B
| $34M | 0.01% |
285,199
-85,365
| -23% | -$10.1M |
|
1307
Sea Limited
SE
$72.3B
| $34M | 0.01% |
838,413
-766,614
| -48% | -$31.3M |
|
1308
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.85B
| $33.9M | 0.01% |
793,400
-110,400
| -12% | -$4.41M |
|
1309
PUT
Annaly Capital Management
NLY
$17.4B
| $33.9M | 0.01% |
1,751,200
+9,300
| +0.5% | +$166K |
|
1310
PUT
Global X Uranium ETF
URA
$6.69B
| $33.9M | 0.01% |
1,224,900
+630,800
| +106% | +$17.3M |
|
1311
PUT
British American Tobacco
BTI
$121B
| $33.9M | 0.01% |
1,157,900
+29,500
| +3% | +$898K |
|
1312
CALL
J.M. Smucker
SJM
$13.4B
| $33.9M | 0.01% |
268,200
+9,800
| +4% | +$1.14M |
|
1313
PUT
SentinelOne
S
$7B
| $33.8M | 0.01% |
1,232,900
+118,800
| +11% | +$2.3M |
|
1314
AutoZone
AZO
$49.4B
| $33.8M | 0.01% |
13,073
-13,137
| -50% | -$34.1M |
|
1315
CALL
Planet Fitness
PLNT
$3.99B
| $33.7M | 0.01% |
461,700
+79,300
| +21% | +$4.88M |
|
1316
CALL
UBS Group
UBS
$165B
| $33.7M | 0.01% |
1,090,000
-52,300
| -5% | -$1.38M |
|
1317
CALL
Boston Beer
SAM
$1.93B
| $33.7M | 0.01% |
97,400
-19,400
| -17% | -$6.8M |
|
1318
NXP Semiconductors
NXPI
$56.1B
| $33.6M | 0.01% |
146,479
-67,247
| -31% | -$13.5M |
|
|
GAP
1319
CALL
The Gap Inc
GAP
$7.27B
| $33.6M | 0.01% |
1,608,800
-988,100
| -38% | -$15.9M |
|
1320
Medtronic
MDT
$117B
| $33.6M | 0.01% |
408,067
-110,866
| -21% | -$8.45M |
|
1321
Republic Services
RSG
$68.5B
| $33.6M | 0.01% |
203,805
-68,893
| -25% | -$10.7M |
|
1322
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.5B
| $33.6M | 0.01% |
66,216
+13,019
| +24% | +$6.05M |
|
|
PPL
1323
CALL
PPL Corp
PPL
$26.4B
| $33.6M | 0.01% |
1,238,100
-381,500
| -24% | -$9.68M |
|
1324
Vanguard Real Estate ETF
VNQ
$39.4B
| $33.5M | 0.01% |
379,625
+160,037
| +73% | +$12.7M |
|
|
MPT
1325
PUT
Medical Properties Trust
MPT
$2.48B
| $33.5M | 0.01% |
6,830,800
-5,535,200
| -45% | -$27.1M |
|
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.