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 | |
|---|---|---|---|---|---|---|
1601
CALL
ArcelorMittal
MT
$55.5B
| $24.3M | ﹤0.01% |
855,000
-4,400
| -0.5% | -$108K |
|
1602
iShares MSCI Taiwan ETF
EWT
$11.4B
| $24.3M | ﹤0.01% |
527,218
+515,562
| +4,423% | +$23.9M |
|
1603
PUT
Everest Group
EG
$14.4B
| $24.2M | ﹤0.01% |
68,400
+43,700
| +177% | +$16.9M |
|
|
ANSS
1604
DELISTED
Ansys
ANSS
| $24.1M | ﹤0.01% |
66,366
+30,566
| +85% | +$9.05M |
|
1605
CALL
United States Natural Gas Fund
UNG
$515M
| $24.1M | ﹤0.01% |
1,186,675
-10,350
| -0.9% | -$258K |
|
1606
CALL
Consolidated Edison
ED
$39.6B
| $24.1M | ﹤0.01% |
264,500
-61,200
| -19% | -$5.47M |
|
1607
iShares US Real Estate ETF
IYR
$4.67B
| $24M | ﹤0.01% |
262,868
+93,520
| +55% | +$7.66M |
|
1608
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$294M
| $24M | ﹤0.01% |
793,400
+133,000
| +20% | +$4.99M |
|
|
VTLE
1609
CALL
DELISTED
Vital Energy
VTLE
| $24M | ﹤0.01% |
526,700
+331,700
| +170% | +$15.9M |
|
1610
CALL
iShares Russell 1000 ETF
IWB
$48.9B
| $23.9M | ﹤0.01% |
91,300
+40,700
| +80% | +$9.97M |
|
|
CMA
1611
CALL
DELISTED
Comerica
CMA
| $23.9M | ﹤0.01% |
429,000
+149,000
| +53% | +$6.74M |
|
1612
PUT
Emerson Electric
EMR
$86.4B
| $23.9M | ﹤0.01% |
245,800
+58,700
| +31% | +$5.37M |
|
|
MDC
1613
PUT
DELISTED
M.D.C. Holdings, Inc.
MDC
| $23.9M | ﹤0.01% |
433,000
+79,900
| +23% | +$3.54M |
|
1614
CALL
Reliance Steel & Aluminium
RS
$19.6B
| $23.9M | ﹤0.01% |
85,500
+29,200
| +52% | +$7.75M |
|
1615
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $23.9M | ﹤0.01% |
229,400
-269,000
| -54% | -$23.4M |
|
1616
CALL
Vanguard Real Estate ETF
VNQ
$39.4B
| $23.8M | ﹤0.01% |
269,800
-63,400
| -19% | -$5.02M |
|
1617
EPAM Systems
EPAM
$5.77B
| $23.8M | ﹤0.01% |
80,120
+49,405
| +161% | +$12.5M |
|
1618
CALL
nCino
NCNO
$2.28B
| $23.8M | ﹤0.01% |
708,300
+105,700
| +18% | +$3.15M |
|
1619
EQT Corp
EQT
$33.8B
| $23.8M | ﹤0.01% |
615,926
+128,777
| +26% | +$5.22M |
|
1620
CALL
Matador Resources
MTDR
$6.87B
| $23.8M | ﹤0.01% |
418,100
+158,800
| +61% | +$9.29M |
|
|
BNY
1621
PUT
Bank of New York Mellon
BNY
$111B
| $23.7M | ﹤0.01% |
456,200
-80,300
| -15% | -$3.7M |
|
1622
PUT
Samsara
IOT
$22.8B
| $23.7M | ﹤0.01% |
710,800
-204,800
| -22% | -$5.69M |
|
1623
CALL
DigitalOcean
DOCN
$13.2B
| $23.7M | ﹤0.01% |
645,800
-173,200
| -21% | -$4.79M |
|
1624
Super Micro Computer
SMCI
$24.9B
| $23.6M | ﹤0.01% |
831,310
-722,370
| -46% | -$20M |
|
1625
CALL
DigitalBridge
DBRG
$2.95B
| $23.6M | ﹤0.01% |
1,345,600
+355,100
| +36% | +$5.85M |
|
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.