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 | |
|---|---|---|---|---|---|---|
1926
PUT
Thor Industries
THO
$4.04B
| $17.8M | ﹤0.01% |
150,700
-68,200
| -31% | -$6.82M |
|
1927
CALL
TE Connectivity
TEL
$58.9B
| $17.8M | ﹤0.01% |
126,800
+13,300
| +12% | +$1.71M |
|
1928
CALL
Liberty Media Series C
FWONK
$25.5B
| $17.8M | ﹤0.01% |
282,000
+273,900
| +3,381% | +$17.9M |
|
1929
CALL
TransUnion
TRU
$16.3B
| $17.8M | ﹤0.01% |
259,000
+190,900
| +280% | +$11.6M |
|
|
CTRA
1930
DELISTED
Coterra Energy
CTRA
| $17.8M | ﹤0.01% |
696,456
+225,114
| +48% | +$6.03M |
|
1931
PUT
ZIM Integrated Shipping Services
ZIM
$3.39B
| $17.7M | ﹤0.01% |
1,796,100
+601,800
| +50% | +$5.06M |
|
1932
iShares MSCI USA Quality Factor ETF
QUAL
$48B
| $17.7M | ﹤0.01% |
120,251
+89,740
| +294% | +$12.4M |
|
1933
PUT
Shake Shack
SHAK
$2.89B
| $17.7M | ﹤0.01% |
238,700
-75,700
| -24% | -$4.64M |
|
1934
Kimberly-Clark
KMB
$36.6B
| $17.7M | ﹤0.01% |
145,565
+19,011
| +15% | +$2.3M |
|
1935
CALL
WEX
WEX
$6.78B
| $17.7M | ﹤0.01% |
90,900
-49,000
| -35% | -$8.89M |
|
|
WBS
1936
DELISTED
Webster Financial
WBS
| $17.7M | ﹤0.01% |
348,242
+251,025
| +258% | +$10.8M |
|
1937
CALL
SiriusXM
SIRI
$9.65B
| $17.7M | ﹤0.01% |
322,740
+87,500
| +37% | +$4.2M |
|
1938
Dollar Tree
DLTR
$24.7B
| $17.6M | ﹤0.01% |
124,162
-33,117
| -21% | -$3.92M |
|
1939
CALL
Skywest
SKYW
$3.87B
| $17.6M | ﹤0.01% |
337,800
+59,400
| +21% | +$2.67M |
|
1940
RB Global
RBA
$15.9B
| $17.6M | ﹤0.01% |
263,550
-183
| -0.1% | -$11.8K |
|
1941
CALL
Raymond James Financial
RJF
$33.8B
| $17.6M | ﹤0.01% |
157,900
-85,800
| -35% | -$8.83M |
|
1942
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $17.6M | ﹤0.01% |
+214,480
| New | +$17.4M |
|
|
FLG
1943
CALL
Flagstar Bank National Association
FLG
$5.6B
| $17.5M | ﹤0.01% |
571,367
-34,966
| -6% | -$1.05M |
|
1944
CALL
ArcBest
ARCB
$3.1B
| $17.5M | ﹤0.01% |
145,800
+89,900
| +161% | +$9.96M |
|
1945
Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
$7.31B
| $17.5M | ﹤0.01% |
427,827
+367,296
| +607% | +$14.6M |
|
1946
American Airlines Group
AAL
$9.18B
| $17.5M | ﹤0.01% |
1,271,334
+323,802
| +34% | +$4.07M |
|
|
FLNA
1947
CALL
Filana Therapeutics
FLNA
$45.2M
| $17.4M | ﹤0.01% |
774,400
-88,800
| -10% | -$1.88M |
|
1948
CALL
Ingersoll Rand
IR
$30.9B
| $17.4M | ﹤0.01% |
225,200
-9,500
| -4% | -$650K |
|
1949
CALL
Costamare
CMRE
$1.85B
| $17.4M | ﹤0.01% |
1,668,100
-28,700
| -2% | -$274K |
|
1950
Veeva Systems
VEEV
$46.4B
| $17.4M | ﹤0.01% |
90,164
-104,497
| -54% | -$19.7M |
|
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 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.