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 | |
|---|---|---|---|---|---|---|
1451
PUT
Bumble
BMBL
$375M
| $28.3M | 0.01% |
1,917,500
+734,800
| +62% | +$10.4M |
|
1452
PG&E
PCG
$40.4B
| $28.2M | 0.01% |
1,566,507
-1,088,616
| -41% | -$18.4M |
|
1453
PUT
PennyMac Financial
PFSI
$3.85B
| $28.2M | 0.01% |
318,700
+10,900
| +4% | +$818K |
|
1454
Wolfspeed
WOLF
$1.31B
| $28.2M | 0.01% |
647,087
+143,842
| +29% | +$5.22M |
|
1455
PUT
AutoNation
AN
$6.51B
| $28.1M | 0.01% |
187,400
-40,400
| -18% | -$5.58M |
|
1456
PUT
ResMed
RMD
$34.1B
| $28M | 0.01% |
163,000
+65,300
| +67% | +$10M |
|
1457
CALL
Keysight
KEYS
$54.5B
| $28M | 0.01% |
175,900
-136,800
| -44% | -$18.6M |
|
1458
Pan American Silver
PAAS
$22.5B
| $27.9M | 0.01% |
1,710,302
+442,941
| +35% | +$6.63M |
|
1459
CALL
Packaging Corp of America
PKG
$22B
| $27.9M | 0.01% |
171,400
-23,400
| -12% | -$3.68M |
|
1460
Dollar General
DG
$27B
| $27.9M | 0.01% |
205,177
-482,104
| -70% | -$58.5M |
|
1461
PUT
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $27.8M | 0.01% |
110,300
-115,100
| -51% | -$25.9M |
|
1462
UiPath
PATH
$8.63B
| $27.8M | 0.01% |
1,119,036
+291,249
| +35% | +$5.68M |
|
1463
CALL
Equifax
EFX
$22.5B
| $27.8M | 0.01% |
112,400
+37,200
| +49% | +$7.55M |
|
1464
PUT
Paychex
PAYX
$44.5B
| $27.7M | 0.01% |
232,500
+114,200
| +97% | +$13.5M |
|
1465
PUT
CRISPR Therapeutics
CRSP
$5.89B
| $27.7M | 0.01% |
442,300
+211,200
| +91% | +$11.7M |
|
1466
PUT
SiriusXM
SIRI
$9.68B
| $27.6M | 0.01% |
505,330
+291,840
| +137% | +$14M |
|
1467
PUT
AMC Entertainment Holdings
AMC
$2.37B
| $27.6M | 0.01% |
4,515,200
-2,920,300
| -39% | -$23.7M |
|
1468
PUT
Helen of Troy
HELE
$673M
| $27.6M | 0.01% |
228,500
-128,300
| -36% | -$13.8M |
|
1469
iShares MSCI China ETF
MCHI
$6.24B
| $27.6M | 0.01% |
677,468
+638,374
| +1,633% | +$26.9M |
|
1470
Ferguson
FERG
$45B
| $27.6M | 0.01% |
142,824
-57,109
| -29% | -$9.63M |
|
1471
ProShares UltraPro QQQ
TQQQ
$35.4B
| $27.5M | 0.01% |
1,086,428
+1,069,842
| +6,450% | +$22.2M |
|
1472
PUT
Synchrony
SYF
$26.3B
| $27.5M | 0.01% |
720,900
+261,400
| +57% | +$8.27M |
|
1473
Vanguard Morningstar Growth ETF
VUG
$225B
| $27.5M | 0.01% |
531,300
+512,136
| +2,672% | +$24.7M |
|
1474
Illumina
ILMN
$34B
| $27.5M | 0.01% |
203,156
+129,722
| +177% | +$15M |
|
1475
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$294M
| $27.5M | 0.01% |
910,500
-561,400
| -38% | -$21.1M |
|
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.