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 | |
|---|---|---|---|---|---|---|
1751
PUT
Tapestry
TPR
$25.9B
| $21M | ﹤0.01% |
570,500
+108,300
| +23% | +$3.33M |
|
|
JWN
1752
CALL
DELISTED
Nordstrom
JWN
| $21M | ﹤0.01% |
1,137,900
+375,800
| +49% | +$5.77M |
|
1753
State Street
STT
$53B
| $21M | ﹤0.01% |
270,567
-407,730
| -60% | -$28.4M |
|
1754
PUT
Carrier Global
CARR
$48.2B
| $20.9M | ﹤0.01% |
364,000
+177,900
| +96% | +$9.41M |
|
1755
CALL
Tower Semiconductor
TSEM
$24B
| $20.9M | ﹤0.01% |
684,900
-21,600
| -3% | -$563K |
|
|
AVB
1756
PUT
DELISTED
AvalonBay Communities
AVB
| $20.9M | ﹤0.01% |
111,600
+13,600
| +14% | +$2.37M |
|
1757
PUT
ArcelorMittal
MT
$55.5B
| $20.9M | ﹤0.01% |
735,900
+65,200
| +10% | +$1.6M |
|
1758
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$284M
| $20.9M | ﹤0.01% |
99,004
+26,320
| +36% | +$8.48M |
|
|
SAVE
1759
DELISTED
Spirit Airlines, Inc.
SAVE
| $20.9M | ﹤0.01% |
1,272,691
+977,132
| +331% | +$14.1M |
|
1760
PUT
Cardinal Health
CAH
$55.3B
| $20.9M | ﹤0.01% |
206,900
+28,200
| +16% | +$2.8M |
|
1761
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $20.8M | ﹤0.01% |
358,400
+128,800
| +56% | +$6.88M |
|
|
SPLK
1762
DELISTED
Splunk Inc
SPLK
| $20.8M | ﹤0.01% |
136,757
+66,516
| +95% | +$9.94M |
|
1763
Moody's
MCO
$88.9B
| $20.8M | ﹤0.01% |
53,258
-2,895
| -5% | -$1.01M |
|
1764
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$242M
| $20.8M | ﹤0.01% |
104,190
-26,520
| -20% | -$7.93M |
|
1765
PUT
Hyatt Hotels
H
$16.7B
| $20.8M | ﹤0.01% |
159,300
+68,800
| +76% | +$7.8M |
|
1766
Opendoor
OPEN
$3.5B
| $20.7M | ﹤0.01% |
4,781,818
-24,547
| -0.5% | -$68.5K |
|
1767
SoFi Technologies
SOFI
$24.5B
| $20.7M | ﹤0.01% |
2,083,398
-2,642,316
| -56% | -$21M |
|
1768
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.8B
| $20.7M | ﹤0.01% |
+406,021
| New | +$19.9M |
|
|
1769
CALL
Tapestry
TPR
$25.9B
| $20.7M | ﹤0.01% |
562,600
-203,300
| -27% | -$6.26M |
|
1770
Datadog
DDOG
$80.1B
| $20.7M | ﹤0.01% |
170,495
-242,952
| -59% | -$25M |
|
1771
CALL
ResMed
RMD
$34.1B
| $20.7M | ﹤0.01% |
120,300
+12,800
| +12% | +$1.97M |
|
1772
Erie Indemnity
ERIE
$13.5B
| $20.6M | ﹤0.01% |
61,583
+10,927
| +22% | +$3.28M |
|
1773
Etsy
ETSY
$7.75B
| $20.6M | ﹤0.01% |
254,078
-150,599
| -37% | -$10.8M |
|
1774
PUT
Toronto Dominion Bank
TD
$197B
| $20.6M | ﹤0.01% |
318,100
+87,900
| +38% | +$5.27M |
|
1775
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$100M
| $20.5M | ﹤0.01% |
199,600
-216,200
| -52% | -$18.6M |
|
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.