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 | |
|---|---|---|---|---|---|---|
1626
CALL
KeyCorp
KEY
$23.4B
| $23.6M | ﹤0.01% |
1,638,300
+25,700
| +2% | +$305K |
|
1627
PUT
Toast
TOST
$21.3B
| $23.6M | ﹤0.01% |
1,291,400
+8,700
| +0.7% | +$143K |
|
1628
JetBlue
JBLU
$1.92B
| $23.6M | ﹤0.01% |
4,247,861
+2,060,801
| +94% | +$9.66M |
|
|
CGC
1629
CALL
Canopy Growth
CGC
$481M
| $23.5M | ﹤0.01% |
4,607,000
+4,208,240
| +1,055% | +$25.1M |
|
1630
CALL
Chord Energy
CHRD
$7.7B
| $23.5M | ﹤0.01% |
141,500
-249,400
| -64% | -$40.8M |
|
1631
Ryman Hospitality Properties
RHP
$9.17B
| $23.5M | ﹤0.01% |
213,263
+132,668
| +165% | +$12.6M |
|
1632
PUT
Sphere Entertainment
SPHR
$5.74B
| $23.5M | ﹤0.01% |
690,800
+349,100
| +102% | +$12.1M |
|
1633
PUT
Olin
OLN
$1.98B
| $23.4M | ﹤0.01% |
434,300
+42,200
| +11% | +$2.02M |
|
|
1634
PUT
KeyCorp
KEY
$23.4B
| $23.4M | ﹤0.01% |
1,625,900
-300,700
| -16% | -$3.57M |
|
1635
CALL
Cooper Companies
COO
$14.2B
| $23.4M | ﹤0.01% |
247,200
+86,400
| +54% | +$7.25M |
|
1636
Realty Income
O
$59.5B
| $23.4M | ﹤0.01% |
406,950
-615,488
| -60% | -$32.3M |
|
1637
PUT
KKR & Co
KKR
$96.6B
| $23.4M | ﹤0.01% |
282,000
+137,600
| +95% | +$9.32M |
|
1638
Kroger
KR
$35.8B
| $23.3M | ﹤0.01% |
510,776
-481,527
| -49% | -$21.4M |
|
1639
PUT
Intercontinental Exchange
ICE
$90.8B
| $23.3M | ﹤0.01% |
181,600
+15,500
| +9% | +$1.76M |
|
1640
PUT
AerCap
AER
$23.2B
| $23.3M | ﹤0.01% |
313,600
+48,800
| +18% | +$3.22M |
|
1641
CALL
Yeti Holdings
YETI
$3.11B
| $23.3M | ﹤0.01% |
450,000
-234,800
| -34% | -$10.4M |
|
1642
Cognizant
CTSH
$28.4B
| $23.2M | ﹤0.01% |
306,922
+34,344
| +13% | +$2.37M |
|
|
APLS
1643
PUT
DELISTED
Apellis Pharmaceuticals
APLS
| $23.2M | ﹤0.01% |
387,200
-8,500
| -2% | -$431K |
|
1644
Corteva
CTVA
$55.4B
| $23.2M | ﹤0.01% |
483,614
+122,982
| +34% | +$5.86M |
|
1645
CALL
iShares Select Dividend ETF
DVY
$23.9B
| $23.2M | ﹤0.01% |
197,700
+135,200
| +216% | +$14.9M |
|
1646
Aon
AON
$75.3B
| $23.2M | ﹤0.01% |
79,609
-21,565
| -21% | -$6.9M |
|
|
1647
PUT
Yeti Holdings
YETI
$3.11B
| $23.2M | ﹤0.01% |
447,400
-21,800
| -5% | -$966K |
|
1648
Ross Stores
ROST
$77.4B
| $23.1M | ﹤0.01% |
166,846
+15,618
| +10% | +$1.95M |
|
1649
CALL
Caleres
CAL
$438M
| $23.1M | ﹤0.01% |
751,300
+120,400
| +19% | +$3.4M |
|
1650
CALL
CDW
CDW
$17.8B
| $23.1M | ﹤0.01% |
101,500
-66,000
| -39% | -$14M |
|
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.