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 | |
|---|---|---|---|---|---|---|
1501
Chubb
CB
$132B
| $26.6M | 0.01% |
117,857
-227,038
| -66% | -$49.7M |
|
1502
L3Harris
LHX
$48.8B
| $26.6M | 0.01% |
126,251
+42,542
| +51% | +$7.98M |
|
1503
PUT
PACCAR
PCAR
$68B
| $26.6M | 0.01% |
272,250
+199,800
| +276% | +$17.9M |
|
1504
CALL
Aptiv
APTV
$9.68B
| $26.6M | 0.01% |
296,000
+44,600
| +18% | +$3.84M |
|
1505
CALL
Ovintiv
OVV
$17.8B
| $26.5M | 0.01% |
604,500
-120,200
| -17% | -$5.49M |
|
1506
PUT
ProShares UltraPro S&P 500
UPRO
$5.5B
| $26.5M | 0.01% |
484,500
-259,300
| -35% | -$11.9M |
|
1507
CALL
CMS Energy
CMS
$21.6B
| $26.5M | 0.01% |
456,100
+436,900
| +2,276% | +$24.4M |
|
1508
CALL
Universal Display
OLED
$4.11B
| $26.5M | 0.01% |
138,300
-18,800
| -12% | -$3.11M |
|
1509
CALL
Sigma Lithium
SGML
$1.39B
| $26.4M | 0.01% |
838,500
+661,500
| +374% | +$18.5M |
|
1510
CALL
Logitech
LOGI
$14.1B
| $26.4M | 0.01% |
277,800
-111,800
| -29% | -$9.18M |
|
1511
Monolithic Power Systems
MPWR
$64.1B
| $26.4M | 0.01% |
41,864
-45,008
| -52% | -$23.5M |
|
1512
BHP
BHP
$251B
| $26.4M | 0.01% |
386,420
+81,913
| +27% | +$4.94M |
|
1513
PUT
Teva Pharmaceuticals
TEVA
$44.4B
| $26.4M | 0.01% |
2,527,200
-890,900
| -26% | -$8.32M |
|
1514
Amphenol
APH
$196B
| $26.4M | 0.01% |
531,770
+81,046
| +18% | +$3.58M |
|
1515
PUT
Dominion Energy
D
$58.9B
| $26.3M | 0.01% |
559,700
-202,000
| -27% | -$9.02M |
|
1516
CALL
Noble Corp
NE
$7.32B
| $26.3M | 0.01% |
546,200
+152,900
| +39% | +$7.15M |
|
1517
CALL
NRG Energy
NRG
$23.9B
| $26.3M | 0.01% |
508,500
-419,900
| -45% | -$19M |
|
1518
CALL
TKO Group
TKO
$14.1B
| $26.3M | 0.01% |
322,100
-173,500
| -35% | -$13.8M |
|
1519
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.57B
| $26.3M | 0.01% |
755,300
+152,100
| +25% | +$4.74M |
|
1520
CALL
SL Green Realty
SLG
$4.24B
| $26.2M | 0.01% |
580,200
-242,800
| -30% | -$8.95M |
|
1521
iShares S&P 500 Value ETF
IVE
$50.3B
| $26.2M | 0.01% |
150,665
+137,990
| +1,089% | +$22.2M |
|
1522
Nucor
NUE
$56.2B
| $26.2M | 0.01% |
150,378
-25,449
| -14% | -$4.04M |
|
|
K
1523
CALL
DELISTED
Kellanova
K
| $26.2M | 0.01% |
468,000
-194,750
| -29% | -$10.2M |
|
1524
CALL
Alaska Air
ALK
$4.84B
| $26.1M | 0.01% |
669,300
+376,800
| +129% | +$13.4M |
|
1525
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $26.1M | 0.01% |
168,300
+118,800
| +240% | +$16.5M |
|
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.