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 | |
|---|---|---|---|---|---|---|
1476
CALL
Samsara
IOT
$22.8B
| $27.4M | 0.01% |
820,700
-665,400
| -45% | -$18.5M |
|
1477
CALL
Ecolab
ECL
$81.2B
| $27.4M | 0.01% |
137,900
-99,700
| -42% | -$17.9M |
|
1478
PUT
Teradyne
TER
$57.3B
| $27.3M | 0.01% |
252,000
-48,200
| -16% | -$4.57M |
|
1479
PUT
TotalEnergies
TTE
$197B
| $27.3M | 0.01% |
405,700
+122,200
| +43% | +$8.15M |
|
1480
PUT
Bausch Health
BHC
$2.52B
| $27.3M | 0.01% |
3,405,000
-3,200
| -0.1% | -$23.3K |
|
1481
CALL
Arthur J. Gallagher & Co
AJG
$68.8B
| $27.3M | 0.01% |
121,400
+43,600
| +56% | +$10.3M |
|
1482
PUT
LyondellBasell Industries
LYB
$20.2B
| $27.3M | 0.01% |
287,100
-34,700
| -11% | -$3.24M |
|
1483
PUT
Zimmer Biomet
ZBH
$19.1B
| $27.3M | 0.01% |
224,300
+41,400
| +23% | +$4.62M |
|
1484
CALL
International Paper
IP
$21.7B
| $27.2M | 0.01% |
751,100
+184,200
| +32% | +$6.44M |
|
1485
CALL
Nutanix
NTNX
$18B
| $27.1M | 0.01% |
569,100
-345,500
| -38% | -$14M |
|
1486
PUT
Gartner
IT
$12.4B
| $27.1M | 0.01% |
60,100
+23,600
| +65% | +$9.43M |
|
1487
CALL
Annaly Capital Management
NLY
$17.4B
| $27.1M | 0.01% |
1,398,000
-71,100
| -5% | -$1.27M |
|
1488
PUT
Franco-Nevada
FNV
$52.4B
| $27.1M | 0.01% |
244,200
+151,700
| +164% | +$18.5M |
|
1489
PUT
DaVita
DVA
$11.3B
| $27.1M | 0.01% |
258,300
+83,300
| +48% | +$7.7M |
|
|
1490
CALL
Zimmer Biomet
ZBH
$19.1B
| $27M | 0.01% |
221,800
-3,100
| -1% | -$346K |
|
1491
PUT
InterDigital
IDCC
$8.92B
| $26.9M | 0.01% |
247,800
+238,200
| +2,481% | +$22M |
|
1492
CALL
Clean Harbors
CLH
$16.3B
| $26.8M | 0.01% |
153,400
+1,900
| +1% | +$312K |
|
1493
PUT
Patterson-UTI
PTEN
$4.39B
| $26.8M | 0.01% |
2,478,600
+2,308,500
| +1,357% | +$28.1M |
|
1494
CALL
Zebra Technologies
ZBRA
$17.1B
| $26.8M | 0.01% |
97,900
-13,800
| -12% | -$3.15M |
|
1495
Dow Inc
DOW
$21.8B
| $26.7M | 0.01% |
487,436
-567,327
| -54% | -$29M |
|
1496
Fortinet
FTNT
$113B
| $26.7M | 0.01% |
456,389
-152,186
| -25% | -$8.41M |
|
1497
CALL
Ares Capital
ARCC
$14.3B
| $26.7M | 0.01% |
1,333,500
+602,000
| +82% | +$11.7M |
|
1498
Western Alliance Bancorporation
WAL
$8.69B
| $26.7M | 0.01% |
405,866
+252,355
| +164% | +$12.7M |
|
|
LTHM
1499
DELISTED
Livent Corporation
LTHM
| $26.7M | 0.01% |
1,484,041
-789,504
| -35% | -$12.3M |
|
1500
CALL
Carlyle Group
CG
$17.4B
| $26.7M | 0.01% |
655,200
-11,900
| -2% | -$392K |
|
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.