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 | |
|---|---|---|---|---|---|---|
1901
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $18.4M | ﹤0.01% |
194,000
-63,200
| -25% | -$5.77M |
|
1902
PUT
Ball Corp
BALL
$17B
| $18.4M | ﹤0.01% |
319,200
+116,600
| +58% | +$6.01M |
|
1903
CALL
Direxion Daily Regional Banks Bull 3X ETF
DPST
$343M
| $18.3M | ﹤0.01% |
188,700
-298,200
| -61% | -$19.2M |
|
1904
CALL
Labcorp
LH
$27.2B
| $18.3M | ﹤0.01% |
80,600
-31,600
| -28% | -$6.64M |
|
1905
CenterPoint Energy
CNP
$26.1B
| $18.3M | ﹤0.01% |
640,708
-75,730
| -11% | -$2.11M |
|
1906
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $18.3M | ﹤0.01% |
207,900
+43,700
| +27% | +$3.86M |
|
1907
Virtu Financial
VIRT
$5.8B
| $18.3M | ﹤0.01% |
901,643
-95,511
| -10% | -$1.76M |
|
|
AYX
1908
DELISTED
Alteryx Inc
AYX
| $18.2M | ﹤0.01% |
385,962
-92,823
| -19% | -$3.6M |
|
1909
CALL
Cracker Barrel
CBRL
$1.31B
| $18.2M | ﹤0.01% |
236,100
-14,300
| -6% | -$1.03M |
|
1910
Domino's
DPZ
$11.4B
| $18.2M | ﹤0.01% |
44,073
+10,129
| +30% | +$3.8M |
|
1911
CALL
Valaris
VAL
$5.8B
| $18.1M | ﹤0.01% |
264,400
+96,000
| +57% | +$6.58M |
|
1912
GE HealthCare
GEHC
$33.1B
| $18.1M | ﹤0.01% |
234,361
-135,067
| -37% | -$9.46M |
|
1913
CALL
Nabors Industries
NBR
$1.29B
| $18.1M | ﹤0.01% |
221,600
+111,500
| +101% | +$10.8M |
|
1914
SBA Communications
SBAC
$19.7B
| $18.1M | ﹤0.01% |
71,297
-104,789
| -60% | -$23.5M |
|
1915
MetLife
MET
$61.3B
| $18.1M | ﹤0.01% |
273,381
-206,624
| -43% | -$12.9M |
|
1916
PUT
Range Resources
RRC
$9.71B
| $18.1M | ﹤0.01% |
593,300
-233,600
| -28% | -$7.67M |
|
1917
PUT
Perrigo
PRGO
$2.05B
| $18.1M | ﹤0.01% |
561,200
+507,100
| +937% | +$15.2M |
|
1918
CALL
Weyerhaeuser
WY
$17.4B
| $18M | ﹤0.01% |
518,700
+99,900
| +24% | +$3.11M |
|
1919
PUT
InMode
INMD
$859M
| $18M | ﹤0.01% |
809,800
+149,100
| +23% | +$3.35M |
|
1920
CALL
Avantor
AVTR
$9.81B
| $18M | ﹤0.01% |
787,400
+75,100
| +11% | +$1.54M |
|
1921
CALL
Hartford Financial Services
HIG
$37.9B
| $18M | ﹤0.01% |
223,600
+17,900
| +9% | +$1.35M |
|
1922
Digital Realty Trust
DLR
$71.8B
| $18M | ﹤0.01% |
133,426
-44,870
| -25% | -$5.8M |
|
|
BRSL
1923
CALL
Brightstar Lottery PLC
BRSL
$2.1B
| $17.9M | ﹤0.01% |
654,800
-500,500
| -43% | -$14M |
|
1924
PUT
ProShares UltraPro Dow 30
UDOW
$869M
| $17.8M | ﹤0.01% |
479,600
-201,000
| -30% | -$6.07M |
|
1925
PUT
Innovative Industrial Properties
IIPR
$1.57B
| $17.8M | ﹤0.01% |
176,800
-12,900
| -7% | -$1.06M |
|
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.