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 | |
|---|---|---|---|---|---|---|
1876
CALL
HF Sinclair
DINO
$17.2B
| $18.6M | ﹤0.01% |
335,400
-2,700
| -0.8% | -$147K |
|
1877
CALL
InterDigital
IDCC
$8.89B
| $18.6M | ﹤0.01% |
171,600
+149,900
| +691% | +$13.9M |
|
1878
Atlassian
TEAM
$42.6B
| $18.6M | ﹤0.01% |
78,274
+47,316
| +153% | +$9.29M |
|
1879
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $18.6M | ﹤0.01% |
229,270
+172,355
| +303% | +$12.8M |
|
1880
PUT
Centene
CNC
$32.3B
| $18.6M | ﹤0.01% |
250,500
-1,263,700
| -83% | -$91.2M |
|
1881
Invesco Solar ETF
TAN
$1.26B
| $18.6M | ﹤0.01% |
348,439
+202,795
| +139% | +$9.5M |
|
1882
Steel Dynamics
STLD
$33.8B
| $18.6M | ﹤0.01% |
157,265
+32,959
| +27% | +$3.67M |
|
1883
PUT
Freshpet
FRPT
$3.6B
| $18.6M | ﹤0.01% |
214,000
-30,700
| -13% | -$2.1M |
|
1884
News Corp Class A
NWSA
$16.6B
| $18.5M | ﹤0.01% |
755,018
+198,881
| +36% | +$4.32M |
|
1885
CALL
Range Resources
RRC
$9.71B
| $18.5M | ﹤0.01% |
608,700
-108,900
| -15% | -$3.57M |
|
1886
CF Industries
CF
$19B
| $18.5M | ﹤0.01% |
232,996
+46,568
| +25% | +$3.71M |
|
|
CBAY
1887
CALL
DELISTED
Cymabay Therapeutics
CBAY
| $18.5M | ﹤0.01% |
783,900
+590,600
| +306% | +$10.5M |
|
1888
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $18.5M | ﹤0.01% |
486,800
-84,200
| -15% | -$2.78M |
|
1889
Kraft Heinz
KHC
$29.4B
| $18.5M | ﹤0.01% |
500,141
+178,080
| +55% | +$6.05M |
|
1890
CALL
Dutch Bros
BROS
$7.07B
| $18.5M | ﹤0.01% |
583,700
-109,300
| -16% | -$2.98M |
|
1891
CALL
IonQ
IONQ
$16.2B
| $18.5M | ﹤0.01% |
1,490,400
+179,400
| +14% | +$2.31M |
|
|
CYBR
1892
PUT
DELISTED
CyberArk
CYBR
| $18.5M | ﹤0.01% |
84,300
-700
| -0.8% | -$130K |
|
1893
iShares MSCI Brazil ETF
EWZ
$8.19B
| $18.5M | ﹤0.01% |
527,996
-1,095,843
| -67% | -$35.5M |
|
1894
Flex
FLEX
$41.3B
| $18.5M | ﹤0.01% |
803,857
+164,904
| +26% | +$3.3M |
|
1895
PUT
Vistra
VST
$47B
| $18.4M | ﹤0.01% |
478,800
+96,700
| +25% | +$3.36M |
|
1896
American International
AIG
$40.2B
| $18.4M | ﹤0.01% |
271,867
-54,817
| -17% | -$3.49M |
|
1897
PUT
RingCentral
RNG
$5.52B
| $18.4M | ﹤0.01% |
542,100
-105,700
| -16% | -$3.16M |
|
1898
PUT
Willis Towers Watson
WTW
$31.9B
| $18.4M | ﹤0.01% |
76,300
-13,900
| -15% | -$3.21M |
|
1899
CALL
Dropbox
DBX
$7.57B
| $18.4M | ﹤0.01% |
624,100
-2,800
| -0.4% | -$77.8K |
|
1900
CALL
Corcept Therapeutics
CORT
$13B
| $18.4M | ﹤0.01% |
566,200
+434,200
| +329% | +$11.9M |
|
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.