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 | |
|---|---|---|---|---|---|---|
2201
PUT
Jabil
JBL
$32.7B
| $13.9M | ﹤0.01% |
109,100
-20,200
| -16% | -$2.57M |
|
2202
CALL
AES
AES
$10.5B
| $13.9M | ﹤0.01% |
721,300
+67,100
| +10% | +$1.09M |
|
|
SWN
2203
PUT
DELISTED
Southwestern Energy Company
SWN
| $13.9M | ﹤0.01% |
2,119,600
-333,100
| -14% | -$2.22M |
|
2204
PUT
GXO Logistics
GXO
$5.5B
| $13.9M | ﹤0.01% |
226,500
+209,400
| +1,225% | +$11.7M |
|
2205
Vertiv
VRT
$104B
| $13.8M | ﹤0.01% |
288,261
-301,110
| -51% | -$12.8M |
|
2206
PUT
Elbit Systems
ESLT
$33.7B
| $13.8M | ﹤0.01% |
64,900
-20,500
| -24% | -$4.14M |
|
2207
CALL
Boston Properties
BXP
$11.2B
| $13.8M | ﹤0.01% |
197,200
-83,100
| -30% | -$4.91M |
|
|
XIFR
2208
PUT
XPLR Infrastructure LP
XIFR
$1.11B
| $13.8M | ﹤0.01% |
454,700
+93,300
| +26% | +$2.38M |
|
2209
PUT
Arthur J. Gallagher & Co
AJG
$66.7B
| $13.8M | ﹤0.01% |
61,400
+54,000
| +730% | +$12.8M |
|
2210
CALL
Chemours
CC
$2.39B
| $13.8M | ﹤0.01% |
437,700
+144,400
| +49% | +$3.92M |
|
2211
CALL
Vistra
VST
$46.9B
| $13.8M | ﹤0.01% |
357,600
-979,200
| -73% | -$34.1M |
|
2212
WillScot Mobile Mini Holdings
WSC
$3.79B
| $13.7M | ﹤0.01% |
308,891
+274,810
| +806% | +$11.1M |
|
2213
Sibanye-Stillwater
SBSW
$8.68B
| $13.7M | ﹤0.01% |
2,525,774
+265,124
| +12% | +$1.37M |
|
2214
iShares Emerging Markets Dividend ETF
DVYE
$1.25B
| $13.7M | ﹤0.01% |
516,521
+473,611
| +1,104% | +$11.7M |
|
2215
PUT
SiteOne Landscape Supply
SITE
$4.17B
| $13.7M | ﹤0.01% |
84,200
+82,400
| +4,578% | +$12M |
|
2216
PUT
Yelp
YELP
$1.22B
| $13.7M | ﹤0.01% |
288,700
+245,600
| +570% | +$10.8M |
|
2217
CALL
Fomento Económico Mexicano
FMX
$41B
| $13.7M | ﹤0.01% |
104,800
+32,100
| +44% | +$3.82M |
|
2218
CALL
VICI Properties
VICI
$28.4B
| $13.7M | ﹤0.01% |
428,300
+59,600
| +16% | +$1.75M |
|
2219
CALL
ChargePoint
CHPT
$151M
| $13.6M | ﹤0.01% |
291,540
-15,410
| -5% | -$862K |
|
|
NOVA
2220
PUT
DELISTED
Sunnova Energy
NOVA
| $13.6M | ﹤0.01% |
893,700
+450,400
| +102% | +$4.93M |
|
2221
PUT
ProShares Ultra S&P500
SSO
$8.52B
| $13.6M | ﹤0.01% |
418,600
-73,600
| -15% | -$2.12M |
|
2222
CALL
Brinker International
EAT
$10B
| $13.6M | ﹤0.01% |
315,100
+95,700
| +44% | +$3.44M |
|
2223
Pinterest
PINS
$13B
| $13.6M | ﹤0.01% |
367,266
+57,700
| +19% | +$1.81M |
|
|
2224
Arthur J. Gallagher & Co
AJG
$66.7B
| $13.6M | ﹤0.01% |
60,486
-35,714
| -37% | -$8.46M |
|
2225
PUT
iShares Core S&P Small-Cap ETF
IJR
$111B
| $13.6M | ﹤0.01% |
125,600
+58,400
| +87% | +$5.63M |
|
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.