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 | |
|---|---|---|---|---|---|---|
1976
CALL
Textron
TXT
$14.2B
| $16.8M | ﹤0.01% |
208,900
-70,000
| -25% | -$5.43M |
|
1977
CALL
Herc Holdings
HRI
$5.19B
| $16.8M | ﹤0.01% |
112,800
-98,500
| -47% | -$12.1M |
|
|
DAY
1978
CALL
DELISTED
Dayforce
DAY
| $16.8M | ﹤0.01% |
250,200
-9,700
| -4% | -$662K |
|
1979
CALL
Atmus Filtration Technologies
ATMU
$3.98B
| $16.8M | ﹤0.01% |
714,100
+538,900
| +308% | +$11.6M |
|
1980
CALL
Winnebago Industries
WGO
$860M
| $16.7M | ﹤0.01% |
229,600
-106,000
| -32% | -$6.8M |
|
1981
CALL
WillScot Mobile Mini Holdings
WSC
$3.79B
| $16.7M | ﹤0.01% |
376,000
+159,300
| +74% | +$6.44M |
|
|
TEN
1982
CALL
Tsakos Energy Navigation Ltd
TEN
$1.27B
| $16.7M | ﹤0.01% |
752,900
+448,400
| +147% | +$9.54M |
|
1983
Ameriprise Financial
AMP
$49.1B
| $16.7M | ﹤0.01% |
44,030
-29,414
| -40% | -$10.1M |
|
1984
CALL
Galicia Financial Group
GGAL
$6.88B
| $16.7M | ﹤0.01% |
966,800
+234,500
| +32% | +$3.32M |
|
1985
Keurig Dr Pepper
KDP
$43.5B
| $16.7M | ﹤0.01% |
501,034
+125,306
| +33% | +$3.9M |
|
1986
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.27B
| $16.7M | ﹤0.01% |
1,434
-330
| -19% | -$6.23M |
|
1987
PUT
Tower Semiconductor
TSEM
$24.9B
| $16.7M | ﹤0.01% |
545,700
-68,300
| -11% | -$1.78M |
|
1988
CALL
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.41B
| $16.6M | ﹤0.01% |
414,900
+192,200
| +86% | +$6.9M |
|
1989
PUT
Host Hotels & Resorts
HST
$15.3B
| $16.6M | ﹤0.01% |
851,200
-114,900
| -12% | -$1.97M |
|
1990
PUT
Teladoc Health
TDOC
$1.16B
| $16.6M | ﹤0.01% |
769,000
-193,000
| -20% | -$3.56M |
|
1991
CALL
Darling Ingredients
DAR
$9.73B
| $16.6M | ﹤0.01% |
332,500
+139,800
| +73% | +$6.35M |
|
1992
CALL
Globant
GLOB
$1.74B
| $16.6M | ﹤0.01% |
69,600
-24,500
| -26% | -$5M |
|
1993
PUT
GE HealthCare
GEHC
$32.8B
| $16.6M | ﹤0.01% |
214,200
-280,000
| -57% | -$19.6M |
|
1994
Tilray
TLRY
$630M
| $16.6M | ﹤0.01% |
719,781
+332,204
| +86% | +$6.4M |
|
1995
iShares Core S&P 500 ETF
IVV
$900B
| $16.5M | ﹤0.01% |
34,637
+22,979
| +197% | +$10.3M |
|
1996
CALL
Otis Worldwide
OTIS
$27.2B
| $16.5M | ﹤0.01% |
184,300
-94,300
| -34% | -$7.84M |
|
|
VISN
1997
CALL
Vistance Networks Inc
VISN
$2.68B
| $16.5M | ﹤0.01% |
5,846,200
+5,042,600
| +628% | +$10.9M |
|
1998
PUT
Moody's
MCO
$88.2B
| $16.5M | ﹤0.01% |
42,200
-53,100
| -56% | -$18.5M |
|
1999
Atkore
ATKR
$3.16B
| $16.5M | ﹤0.01% |
102,975
+53,522
| +108% | +$7.38M |
|
2000
CALL
Elbit Systems
ESLT
$33.7B
| $16.4M | ﹤0.01% |
77,100
-151,000
| -66% | -$30.5M |
|
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.