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 | |
|---|---|---|---|---|---|---|
1851
CALL
MPLX
MPLX
$60.1B
| $19.1M | ﹤0.01% |
520,600
-26,200
| -5% | -$942K |
|
1852
Vulcan Materials
VMC
$35.5B
| $19.1M | ﹤0.01% |
84,148
-115,348
| -58% | -$24.4M |
|
1853
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.2B
| $19.1M | ﹤0.01% |
368,000
+223,500
| +155% | +$10.8M |
|
1854
Exelon
EXC
$45.8B
| $19.1M | ﹤0.01% |
531,513
-594,331
| -53% | -$22.9M |
|
|
P
1855
PUT
Everpure Inc
P
$36.2B
| $19M | ﹤0.01% |
534,200
-618,200
| -54% | -$21.7M |
|
1856
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $19M | ﹤0.01% |
215,500
-74,700
| -26% | -$5.92M |
|
1857
Transocean
RIG
$6.25B
| $19M | ﹤0.01% |
2,991,297
+2,638,249
| +747% | +$17.7M |
|
1858
PUT
Madison Square Garden
MSGS
$9.59B
| $19M | ﹤0.01% |
104,300
+35,200
| +51% | +$6.1M |
|
1859
CALL
GXO Logistics
GXO
$5.5B
| $19M | ﹤0.01% |
310,000
+193,200
| +165% | +$10.8M |
|
1860
CALL
Ambarella
AMBA
$3.05B
| $19M | ﹤0.01% |
309,300
-34,400
| -10% | -$1.88M |
|
1861
Jack Henry & Associates
JKHY
$12.2B
| $18.9M | ﹤0.01% |
115,886
+90,106
| +350% | +$13.8M |
|
1862
CALL
Lennox International
LII
$13.6B
| $18.9M | ﹤0.01% |
42,200
+23,800
| +129% | +$9.49M |
|
1863
PUT
Coupang
CPNG
$29.7B
| $18.8M | ﹤0.01% |
1,163,800
-486,600
| -29% | -$8.03M |
|
1864
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $18.8M | ﹤0.01% |
392,800
+175,900
| +81% | +$7.87M |
|
1865
PUT
Globant
GLOB
$1.67B
| $18.8M | ﹤0.01% |
79,000
+36,500
| +86% | +$7.45M |
|
1866
Spotify
SPOT
$113B
| $18.8M | ﹤0.01% |
99,993
+87,369
| +692% | +$15.3M |
|
1867
CALL
Global X MSCI Argentina ETF
ARGT
$823M
| $18.8M | ﹤0.01% |
+365,600
| New | +$16.4M |
|
1868
CALL
Waters Corp
WAT
$40.7B
| $18.8M | ﹤0.01% |
57,000
-4,300
| -7% | -$1.19M |
|
|
LSXMK
1869
CALL
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $18.8M | ﹤0.01% |
652,000
+474,800
| +268% | +$12.5M |
|
1870
PUT
Conagra Brands
CAG
$7.77B
| $18.8M | ﹤0.01% |
654,600
-86,700
| -12% | -$2.43M |
|
1871
CALL
SBA Communications
SBAC
$19.7B
| $18.7M | ﹤0.01% |
73,900
+57,600
| +353% | +$12.9M |
|
1872
Herc Holdings
HRI
$5.22B
| $18.7M | ﹤0.01% |
125,872
+3,722
| +3% | +$456K |
|
1873
CoStar Group
CSGP
$13B
| $18.7M | ﹤0.01% |
214,392
+62,894
| +42% | +$5.09M |
|
1874
CALL
Copart
CPRT
$30.2B
| $18.7M | ﹤0.01% |
382,100
-355,600
| -48% | -$16.8M |
|
1875
PUT
Immunovant
IMVT
$9.07B
| $18.6M | ﹤0.01% |
442,600
+46,500
| +12% | +$1.71M |
|
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.