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 | |
|---|---|---|---|---|---|---|
|
FITB
1826
Fifth Third Bancorp
FITB
$50.2B
| $19.7M | ﹤0.01% |
570,464
-403,775
| -41% | -$11.2M |
|
1827
PUT
Aflac
AFL
$58.7B
| $19.7M | ﹤0.01% |
238,400
+38,800
| +19% | +$3.13M |
|
1828
CALL
ProShares UltraPro Russell2000
URTY
$336M
| $19.7M | ﹤0.01% |
424,000
+234,400
| +124% | +$8.04M |
|
1829
CALL
Freshpet
FRPT
$3.59B
| $19.6M | ﹤0.01% |
226,300
-108,700
| -32% | -$7.45M |
|
1830
Hartford Financial Services
HIG
$37.9B
| $19.6M | ﹤0.01% |
244,245
+87,395
| +56% | +$6.58M |
|
|
GTM
1831
CALL
ZoomInfo Technologies
GTM
$1.1B
| $19.6M | ﹤0.01% |
1,061,500
+223,100
| +27% | +$3.5M |
|
1832
Antero Resources
AR
$11.9B
| $19.6M | ﹤0.01% |
863,383
-167,012
| -16% | -$4.23M |
|
|
PR
1833
PUT
Permian Resources
PR
$19.2B
| $19.6M | ﹤0.01% |
1,439,800
+414,700
| +40% | +$5.68M |
|
1834
Lennar Class A
LEN
$21.1B
| $19.6M | ﹤0.01% |
135,568
-14,378
| -10% | -$1.73M |
|
|
NVO
1835
Novo Nordisk
NVO
$209B
| $19.6M | ﹤0.01% |
189,015
+92,442
| +96% | +$9.14M |
|
1836
CDW
CDW
$17.7B
| $19.5M | ﹤0.01% |
85,973
-70,382
| -45% | -$14.9M |
|
1837
DuPont de Nemours
DD
$18.6B
| $19.5M | ﹤0.01% |
201,819
+13,808
| +7% | +$1.26M |
|
1838
PUT
PBF Energy
PBF
$8.38B
| $19.5M | ﹤0.01% |
443,300
-444,700
| -50% | -$20.2M |
|
1839
CALL
Constellation Energy
CEG
$99.7B
| $19.5M | ﹤0.01% |
166,700
-99,900
| -37% | -$11.7M |
|
1840
CALL
ARK Web x.0 ETF
ARKW
$1.82B
| $19.5M | ﹤0.01% |
256,500
+59,500
| +30% | +$3.71M |
|
1841
Delta Air Lines
DAL
$54.9B
| $19.4M | ﹤0.01% |
483,229
-2,210,428
| -82% | -$80.2M |
|
1842
Veralto
VLTO
$24B
| $19.4M | ﹤0.01% |
235,650
+232,050
| +6,446% | +$17.3M |
|
1843
PUT
Krystal Biotech
KRYS
$10.7B
| $19.3M | ﹤0.01% |
155,700
+66,500
| +75% | +$7.37M |
|
1844
PUT
Fidelity National Information Services
FIS
$20.8B
| $19.3M | ﹤0.01% |
321,500
+26,800
| +9% | +$1.47M |
|
1845
Sempra
SRE
$55.7B
| $19.3M | ﹤0.01% |
257,954
-872,327
| -77% | -$62.4M |
|
1846
CALL
BioMarin Pharmaceuticals
BMRN
$12.8B
| $19.3M | ﹤0.01% |
199,900
+69,500
| +53% | +$6.15M |
|
1847
PUT
Nutanix
NTNX
$17.8B
| $19.3M | ﹤0.01% |
403,800
-350,300
| -46% | -$14.2M |
|
1848
CALL
Huntington Ingalls Industries
HII
$11.7B
| $19.2M | ﹤0.01% |
74,100
+17,400
| +31% | +$4.06M |
|
1849
CALL
Moody's
MCO
$89.1B
| $19.2M | ﹤0.01% |
49,100
-74,900
| -60% | -$26M |
|
1850
CALL
Jacobs Solutions
J
$17.8B
| $19.1M | ﹤0.01% |
178,323
+43,160
| +32% | +$4.7M |
|
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.