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 | |
|---|---|---|---|---|---|---|
1526
CALL
Navios Maritime Partners
NMM
$2.58B
| $26.1M | 0.01% |
934,600
+58,300
| +7% | +$1.4M |
|
1527
Zoetis
ZTS
$31.9B
| $26.1M | 0.01% |
132,214
-133,131
| -50% | -$23.6M |
|
1528
CALL
Qorvo
QRVO
$8.32B
| $26.1M | 0.01% |
231,700
-79,200
| -25% | -$7.65M |
|
1529
DexCom
DXCM
$33.6B
| $26M | 0.01% |
209,857
+28,510
| +16% | +$2.91M |
|
|
CNR
1530
PUT
Core Natural Resources Inc
CNR
$4.81B
| $26M | 0.01% |
258,900
-201,900
| -44% | -$20.5M |
|
1531
CALL
Willis Towers Watson
WTW
$32.2B
| $26M | ﹤0.01% |
107,700
-13,700
| -11% | -$3.17M |
|
1532
CALL
Iron Mountain
IRM
$36B
| $26M | ﹤0.01% |
371,100
-81,000
| -18% | -$5.08M |
|
1533
CALL
Tidewater
TDW
$4.59B
| $26M | ﹤0.01% |
360,100
+150,700
| +72% | +$9.76M |
|
1534
CALL
Camping World
CWH
$669M
| $26M | ﹤0.01% |
988,400
+153,500
| +18% | +$3.21M |
|
1535
CALL
Gartner
IT
$12.4B
| $25.9M | ﹤0.01% |
57,500
+23,700
| +70% | +$9.47M |
|
1536
Dominion Energy
D
$58.9B
| $25.9M | ﹤0.01% |
551,824
-668,860
| -55% | -$29.9M |
|
1537
D.R. Horton
DHI
$42.2B
| $25.9M | ﹤0.01% |
170,560
+49,999
| +41% | +$6.16M |
|
1538
Blackstone
BX
$108B
| $25.9M | ﹤0.01% |
197,570
-287,252
| -59% | -$31.1M |
|
1539
PUT
Steel Dynamics
STLD
$33.1B
| $25.9M | ﹤0.01% |
219,000
+38,400
| +21% | +$4.28M |
|
1540
PUT
Stanley Black & Decker
SWK
$14.9B
| $25.8M | ﹤0.01% |
263,200
+112,900
| +75% | +$9.94M |
|
1541
Cardinal Health
CAH
$55.3B
| $25.8M | ﹤0.01% |
255,954
-95,601
| -27% | -$9.49M |
|
1542
CALL
M&T Bank
MTB
$34.7B
| $25.8M | ﹤0.01% |
188,100
-97,500
| -34% | -$12.3M |
|
1543
Williams Companies
WMB
$86.9B
| $25.8M | ﹤0.01% |
739,967
+100,718
| +16% | +$3.53M |
|
|
SWN
1544
DELISTED
Southwestern Energy Company
SWN
| $25.7M | ﹤0.01% |
3,929,787
+589,288
| +18% | +$3.93M |
|
1545
CALL
Coherent
COHR
$56.4B
| $25.7M | ﹤0.01% |
590,300
-569,800
| -49% | -$20.5M |
|
1546
Alpha Metallurgical Resources
AMR
$2.73B
| $25.7M | ﹤0.01% |
75,709
-75,224
| -50% | -$19.8M |
|
1547
CALL
LPL Financial
LPLA
$28.5B
| $25.7M | ﹤0.01% |
112,700
-40,800
| -27% | -$9.17M |
|
1548
PUT
Alaska Air
ALK
$4.84B
| $25.6M | ﹤0.01% |
655,500
+157,900
| +32% | +$5.63M |
|
1549
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$135M
| $25.6M | ﹤0.01% |
411,800
-709,075
| -63% | -$57.3M |
|
1550
PUT
Markel Group
MKL
$22.4B
| $25.6M | ﹤0.01% |
18,000
+2,200
| +14% | +$3.12M |
|
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.