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 | |
|---|---|---|---|---|---|---|
2076
California Resources
CRC
$4.7B
| $15.4M | ﹤0.01% |
280,868
+212,304
| +310% | +$11.2M |
|
2077
CALL
Ares Management
ARES
$32.1B
| $15.4M | ﹤0.01% |
129,100
+50,800
| +65% | +$5.52M |
|
2078
PUT
Vornado Realty Trust
VNO
$7.23B
| $15.3M | ﹤0.01% |
543,300
+96,600
| +22% | +$2.3M |
|
2079
CALL
Peloton Interactive
PTON
$2.33B
| $15.3M | ﹤0.01% |
2,518,600
-2,097,600
| -45% | -$11.3M |
|
|
2080
CALL
Vornado Realty Trust
VNO
$7.23B
| $15.3M | ﹤0.01% |
542,700
-5,000
| -0.9% | -$119K |
|
|
SPYM
2081
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$171B
| $15.3M | ﹤0.01% |
274,100
+35,900
| +15% | +$1.88M |
|
2082
CALL
Omnicom Group
OMC
$24.1B
| $15.3M | ﹤0.01% |
177,100
-98,200
| -36% | -$7.74M |
|
2083
PUT
Star Bulk Carriers
SBLK
$3.4B
| $15.3M | ﹤0.01% |
720,100
-430,100
| -37% | -$8.48M |
|
2084
CALL
Perion Network
PERI
$378M
| $15.3M | ﹤0.01% |
495,500
+43,800
| +10% | +$1.24M |
|
2085
Sphere Entertainment
SPHR
$5.29B
| $15.3M | ﹤0.01% |
450,294
+391,784
| +670% | +$13.6M |
|
2086
CALL
Silicon Motion
SIMO
$8.65B
| $15.3M | ﹤0.01% |
249,400
-1,000
| -0.4% | -$57.2K |
|
2087
Tower Semiconductor
TSEM
$24.8B
| $15.3M | ﹤0.01% |
500,312
-157,529
| -24% | -$4.11M |
|
|
AESC
2088
DELISTED
The AES Corporation
AESC
| $15.2M | ﹤0.01% |
+200,000
| New | +$13M |
|
2089
PUT
Knight Transportation
KNX
$11.2B
| $15.2M | ﹤0.01% |
263,700
+51,100
| +24% | +$2.68M |
|
2090
CALL
Steris
STE
$22.7B
| $15.2M | ﹤0.01% |
69,100
-21,100
| -23% | -$4.46M |
|
2091
CALL
Plug Power
PLUG
$3.17B
| $15.2M | ﹤0.01% |
3,375,600
-401,900
| -11% | -$2.11M |
|
2092
PUT
QuantumScape Corp
QS
$3.63B
| $15.2M | ﹤0.01% |
2,183,200
-852,100
| -28% | -$5.37M |
|
2093
PUT
Alexandria Real Estate Equities
ARE
$9B
| $15.2M | ﹤0.01% |
119,600
-12,500
| -9% | -$1.35M |
|
2094
PUT
Welltower
WELL
$173B
| $15.2M | ﹤0.01% |
168,100
+122,000
| +265% | +$10.6M |
|
2095
PUT
Aptiv
APTV
$9.43B
| $15.1M | ﹤0.01% |
168,800
+44,700
| +36% | +$3.85M |
|
|
ECHO
2096
PUT
EchoStar
ECHO
$25.1B
| $15.1M | ﹤0.01% |
913,700
+850,200
| +1,339% | +$11M |
|
2097
CALL
Canadian Imperial Bank of Commerce
CM
$105B
| $15.1M | ﹤0.01% |
314,400
+268,100
| +579% | +$10.7M |
|
2098
CALL
Interactive Brokers
IBKR
$43.7B
| $15.1M | ﹤0.01% |
730,000
-71,200
| -9% | -$1.46M |
|
2099
Dutch Bros
BROS
$6.99B
| $15.1M | ﹤0.01% |
477,694
+456,187
| +2,121% | +$12.4M |
|
2100
CALL
YPF Sociedad Anonima ADS
YPF
$19.8B
| $15.1M | ﹤0.01% |
879,900
+417,300
| +90% | +$5.75M |
|
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.