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 | Miscellaneous | 92.23% |
| 2 | Technology | 2.06% |
| 3 | Consumer Discretionary | 1.41% |
| 4 | Healthcare | 0.83% |
| 5 | Financials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1801
Mercado Libre
MELI
$98.4B
| $20.2M | ﹤0.01% |
12,832
+8,159
| +175% | +$11.6M |
|
1802
PUT
Pan American Silver
PAAS
$22.5B
| $20.2M | ﹤0.01% |
1,234,800
-642,600
| -34% | -$9.62M |
|
|
NUVL
1803
CALL
DELISTED
Nuvalent
NUVL
| $20.2M | ﹤0.01% |
274,000
+229,000
| +509% | +$14.2M |
|
|
MPT
1804
CALL
Medical Properties Trust
MPT
$2.43B
| $20.2M | ﹤0.01% |
4,105,600
-1,073,700
| -21% | -$5.26M |
|
1805
CALL
Celestica
CLS
$40.2B
| $20.1M | ﹤0.01% |
686,700
+618,700
| +910% | +$16.5M |
|
1806
Vanguard Long-Term Bond ETF
BLV
$5.77B
| $20.1M | ﹤0.01% |
+269,066
| New | +$18.4M |
|
1807
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$757M
| $20M | ﹤0.01% |
239,925
-14,600
| -6% | -$1.1M |
|
1808
Cenovus Energy
CVE
$58.1B
| $20M | ﹤0.01% |
1,203,484
-925,975
| -43% | -$17M |
|
1809
CALL
Global E Online
GLBE
$6.59B
| $20M | ﹤0.01% |
505,500
-231,200
| -31% | -$8.33M |
|
1810
PUT
OneMain Financial
OMF
$7.38B
| $20M | ﹤0.01% |
406,500
+26,600
| +7% | +$1.09M |
|
1811
CALL
Lincoln National
LNC
$8.35B
| $20M | ﹤0.01% |
741,400
-27,700
| -4% | -$666K |
|
1812
Welltower
WELL
$172B
| $19.9M | ﹤0.01% |
221,155
-197,485
| -47% | -$17.1M |
|
1813
MongoDB
MDB
$35.1B
| $19.9M | ﹤0.01% |
48,603
-54,904
| -53% | -$20.8M |
|
|
APO.PRA
1814
DELISTED
Apollo Global Management Series A
APO.PRA
| $19.9M | ﹤0.01% |
352,358
-82,838
| -19% | -$4.45M |
|
1815
PUT
Quest Diagnostics
DGX
$27.2B
| $19.9M | ﹤0.01% |
144,100
+83,300
| +137% | +$11M |
|
1816
Hershey
HSY
$36.4B
| $19.8M | ﹤0.01% |
106,327
-62,405
| -37% | -$11.8M |
|
|
DOCU
1817
DocuSign
DOCU
$12.1B
| $19.8M | ﹤0.01% |
333,129
+207,102
| +164% | +$9.5M |
|
1818
CALL
Ball Corp
BALL
$16.9B
| $19.8M | ﹤0.01% |
344,200
+6,100
| +2% | +$315K |
|
1819
CALL
Tilray
TLRY
$633M
| $19.8M | ﹤0.01% |
859,770
-24,940
| -3% | -$481K |
|
1820
PUT
Check Point Software Technologies
CHKP
$13.7B
| $19.8M | ﹤0.01% |
129,400
-62,300
| -32% | -$8.8M |
|
1821
Allstate
ALL
$65.2B
| $19.8M | ﹤0.01% |
141,168
-15,660
| -10% | -$2.04M |
|
1822
CALL
Alliance Resource Partners
ARLP
$3.37B
| $19.7M | ﹤0.01% |
931,700
-191,100
| -17% | -$4.14M |
|
1823
PUT
US Global Jets ETF
JETS
$796M
| $19.7M | ﹤0.01% |
1,036,000
-2,901,800
| -74% | -$49M |
|
1824
CALL
Bio-Rad Laboratories Class A
BIO
$10.5B
| $19.7M | ﹤0.01% |
61,000
+26,400
| +76% | +$8.27M |
|
1825
CALL
Prothena Corp
PRTA
$462M
| $19.7M | ﹤0.01% |
541,500
+498,800
| +1,168% | +$19.2M |
|
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 Miscellaneous at 92% of assets, up from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.