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 | |
|---|---|---|---|---|---|---|
1401
PUT
JetBlue
JBLU
$1.92B
| $30.2M | 0.01% |
5,441,800
+3,397,300
| +166% | +$15.9M |
|
1402
American Tower
AMT
$83.2B
| $30.2M | 0.01% |
139,689
-78,020
| -36% | -$14.7M |
|
1403
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$351M
| $30.1M | 0.01% |
260,530
+76,800
| +42% | +$10.9M |
|
1404
CALL
BridgeBio Pharma
BBIO
$15.7B
| $30.1M | 0.01% |
744,600
+103,700
| +16% | +$3.11M |
|
1405
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.26B
| $30M | 0.01% |
+471,007
| New | +$28.4M |
|
1406
PUT
Bunge Global
BG
$21.5B
| $30M | 0.01% |
296,900
-40,400
| -12% | -$4.23M |
|
1407
Southern Company
SO
$103B
| $29.9M | 0.01% |
426,526
-1,173,477
| -73% | -$80.6M |
|
1408
Johnson Controls International
JCI
$85.9B
| $29.9M | 0.01% |
518,486
+246,109
| +90% | +$12.9M |
|
|
SKX
1409
CALL
DELISTED
Skechers
SKX
| $29.9M | 0.01% |
479,100
+197,500
| +70% | +$10.6M |
|
1410
PUT
Plains All American Pipeline
PAA
$17.4B
| $29.8M | 0.01% |
1,969,200
-500,000
| -20% | -$7.64M |
|
1411
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $29.8M | 0.01% |
360,800
+45,200
| +14% | +$2.97M |
|
1412
CALL
Enbridge
ENB
$109B
| $29.8M | 0.01% |
827,300
+183,600
| +29% | +$6.19M |
|
|
EXAS
1413
CALL
DELISTED
Exact Sciences
EXAS
| $29.8M | 0.01% |
402,800
+93,400
| +30% | +$6.12M |
|
1414
PUT
Logitech
LOGI
$14.1B
| $29.8M | 0.01% |
313,300
-88,700
| -22% | -$7.28M |
|
1415
CALL
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.8B
| $29.7M | 0.01% |
165,200
+120,700
| +271% | +$19.7M |
|
|
CTRA
1416
CALL
DELISTED
Coterra Energy
CTRA
| $29.7M | 0.01% |
1,164,100
-534,100
| -31% | -$14.3M |
|
1417
StoneCo
STNE
$2.26B
| $29.7M | 0.01% |
1,646,982
+1,021,065
| +163% | +$13.4M |
|
1418
Futu Holdings
FUTU
$17.6B
| $29.7M | 0.01% |
543,311
+52,285
| +11% | +$2.97M |
|
1419
CALL
Kinross Gold
KGC
$39.7B
| $29.7M | 0.01% |
4,901,000
+226,500
| +5% | +$1.24M |
|
1420
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$37.5M
| $29.6M | 0.01% |
380,678
+289,241
| +316% | +$31.5M |
|
|
PR
1421
CALL
Permian Resources
PR
$19.5B
| $29.6M | 0.01% |
2,175,800
+761,300
| +54% | +$10.4M |
|
1422
Fastenal
FAST
$57.7B
| $29.6M | 0.01% |
913,168
+68,756
| +8% | +$2.07M |
|
1423
PUT
Roper Technologies
ROP
$40.9B
| $29.5M | 0.01% |
54,200
+35,900
| +196% | +$18.5M |
|
1424
Evergy
EVRG
$18.8B
| $29.5M | 0.01% |
565,909
+300,202
| +113% | +$15.1M |
|
1425
PUT
Oneok
OKE
$57.8B
| $29.5M | 0.01% |
419,500
-116,900
| -22% | -$7.83M |
|
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.