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 | |
|---|---|---|---|---|---|---|
2251
Magnolia Oil & Gas
MGY
$6.32B
| $13.4M | ﹤0.01% |
629,849
+299,749
| +91% | +$6.56M |
|
2252
CALL
Murphy USA
MUSA
$9.36B
| $13.4M | ﹤0.01% |
37,600
+7,600
| +25% | +$2.75M |
|
|
CTLT
2253
CALL
DELISTED
CATALENT, INC.
CTLT
| $13.4M | ﹤0.01% |
298,000
-333,700
| -53% | -$13.5M |
|
2254
Olin
OLN
$1.97B
| $13.4M | ﹤0.01% |
248,143
+99,157
| +67% | +$4.75M |
|
2255
CALL
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $13.4M | ﹤0.01% |
290,500
-503,300
| -63% | -$19.9M |
|
|
2256
CALL
Olin
OLN
$1.97B
| $13.3M | ﹤0.01% |
247,300
-70,400
| -22% | -$3.37M |
|
2257
PUT
DHT Holdings
DHT
$3.12B
| $13.3M | ﹤0.01% |
1,359,900
+588,100
| +76% | +$6.05M |
|
2258
Burlington
BURL
$18.3B
| $13.3M | ﹤0.01% |
68,586
-97,881
| -59% | -$14.6M |
|
2259
CALL
Omega Healthcare
OHI
$14B
| $13.3M | ﹤0.01% |
434,700
-265,100
| -38% | -$8.51M |
|
2260
CALL
iShares MSCI South Korea ETF
EWY
$28.3B
| $13.3M | ﹤0.01% |
203,300
-264,900
| -57% | -$16.1M |
|
|
COOP
2261
CALL
DELISTED
Mr. Cooper
COOP
| $13.3M | ﹤0.01% |
204,500
+112,300
| +122% | +$6.64M |
|
2262
PUT
Cinemark Holdings
CNK
$4.24B
| $13.3M | ﹤0.01% |
944,100
+677,000
| +253% | +$10.5M |
|
2263
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.76B
| $13.3M | ﹤0.01% |
433,362
+156,562
| +57% | +$4.57M |
|
2264
Vodafone
VOD
$36.7B
| $13.3M | ﹤0.01% |
1,526,623
+774,448
| +103% | +$7.08M |
|
2265
CALL
iShares US Aerospace & Defense ETF
ITA
$14B
| $13.3M | ﹤0.01% |
104,800
+7,600
| +8% | +$878K |
|
2266
CALL
Teekay Tankers
TNK
$3.06B
| $13.2M | ﹤0.01% |
264,900
+195,300
| +281% | +$9.38M |
|
2267
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.83B
| $13.2M | ﹤0.01% |
75,432
+66,321
| +728% | +$10.3M |
|
2268
CALL
Louisiana-Pacific
LPX
$4.94B
| $13.2M | ﹤0.01% |
186,800
-8,500
| -4% | -$508K |
|
2269
Yum! Brands
YUM
$41.1B
| $13.2M | ﹤0.01% |
101,155
-4,728
| -4% | -$590K |
|
2270
Franco-Nevada
FNV
$52.3B
| $13.2M | ﹤0.01% |
118,780
+104,940
| +758% | +$12.8M |
|
2271
CALL
Howmet Aerospace
HWM
$107B
| $13.2M | ﹤0.01% |
243,200
+15,000
| +7% | +$740K |
|
2272
Rambus
RMBS
$9.88B
| $13.2M | ﹤0.01% |
192,831
+69,592
| +56% | +$4.34M |
|
2273
PUT
iShares MSCI United Kingdom ETF
EWU
$3.82B
| $13.2M | ﹤0.01% |
398,100
-222,600
| -36% | -$7.1M |
|
2274
CALL
ProShares UltraPro Short 20+ Year Treasury
TTT
$17.2M
| $13.2M | ﹤0.01% |
215,700
-29,200
| -12% | -$2.7M |
|
2275
PUT
Unilever
UL
$139B
| $13.1M | ﹤0.01% |
241,067
-166,933
| -41% | -$9.01M |
|
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.