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 | |
|---|---|---|---|---|---|---|
1651
PUT
Consolidated Edison
ED
$39.6B
| $23M | ﹤0.01% |
253,200
+38,200
| +18% | +$3.41M |
|
1652
iShares Russell Top 200 Growth ETF
IWY
$15.9B
| $23M | ﹤0.01% |
131,421
+80,403
| +158% | +$13.2M |
|
1653
Rockwell Automation
ROK
$47.7B
| $23M | ﹤0.01% |
74,052
-4,109
| -5% | -$1.15M |
|
1654
CALL
Lantheus
LNTH
$6.58B
| $23M | ﹤0.01% |
370,800
+10,600
| +3% | +$718K |
|
1655
Expedia Group
EXPE
$40.6B
| $23M | ﹤0.01% |
151,449
-227,835
| -60% | -$27.9M |
|
|
APLS
1656
DELISTED
Apellis Pharmaceuticals
APLS
| $22.9M | ﹤0.01% |
382,832
+10,047
| +3% | +$510K |
|
1657
PUT
Beyond Meat
BYND
$244M
| $22.9M | ﹤0.01% |
85,770
-3,003
| -3% | -$708K |
|
1658
CALL
Hewlett Packard
HPE
$70.8B
| $22.9M | ﹤0.01% |
1,348,000
-222,000
| -14% | -$3.62M |
|
1659
PUT
iShares Select Dividend ETF
DVY
$23.9B
| $22.8M | ﹤0.01% |
194,900
+30,700
| +19% | +$3.38M |
|
1660
Okta
OKTA
$22.7B
| $22.8M | ﹤0.01% |
252,292
+5,992
| +2% | +$457K |
|
1661
CALL
Invesco NASDAQ 100 ETF
QQQM
$103B
| $22.8M | ﹤0.01% |
135,500
-12,400
| -8% | -$1.94M |
|
1662
CALL
Carrier Global
CARR
$48.2B
| $22.8M | ﹤0.01% |
397,100
-107,000
| -21% | -$5.66M |
|
1663
CALL
Penske Automotive Group
PAG
$14.4B
| $22.7M | ﹤0.01% |
141,200
-178,000
| -56% | -$27.3M |
|
1664
CALL
Alexandria Real Estate Equities
ARE
$9.1B
| $22.7M | ﹤0.01% |
178,700
+21,600
| +14% | +$2.32M |
|
1665
PUT
Waters Corp
WAT
$40.7B
| $22.7M | ﹤0.01% |
68,800
-8,700
| -11% | -$2.4M |
|
1666
PUT
Madrigal Pharmaceuticals
MDGL
$11.8B
| $22.6M | ﹤0.01% |
97,800
-6,500
| -6% | -$1.14M |
|
1667
CALL
iShares Global Clean Energy ETF
ICLN
$2.21B
| $22.6M | ﹤0.01% |
1,453,200
-167,200
| -10% | -$2.35M |
|
1668
American Electric Power
AEP
$66.8B
| $22.6M | ﹤0.01% |
278,471
-329,665
| -54% | -$25.6M |
|
1669
CleanSpark
CLSK
$3.27B
| $22.6M | ﹤0.01% |
2,046,563
+670,266
| +49% | +$4.17M |
|
1670
NIO
NIO
$11.2B
| $22.6M | ﹤0.01% |
2,487,285
-1,821,011
| -42% | -$14.5M |
|
1671
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $22.5M | ﹤0.01% |
272,700
-258,900
| -49% | -$17M |
|
1672
Constellation Energy
CEG
$98.6B
| $22.5M | ﹤0.01% |
192,817
-519,637
| -73% | -$60.7M |
|
1673
CALL
Global X Uranium ETF
URA
$6.75B
| $22.5M | ﹤0.01% |
813,800
-625,200
| -43% | -$17.2M |
|
1674
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$375M
| $22.5M | ﹤0.01% |
862,300
+436,700
| +103% | +$13.2M |
|
1675
PUT
Zoetis
ZTS
$31.9B
| $22.5M | ﹤0.01% |
114,000
-124,600
| -52% | -$22.1M |
|
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.