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 | |
|---|---|---|---|---|---|---|
2301
PUT
Matador Resources
MTDR
$7.02B
| $12.9M | ﹤0.01% |
226,000
-39,800
| -15% | -$2.33M |
|
2302
PUT
Noble Corp
NE
$7.46B
| $12.8M | ﹤0.01% |
266,700
+215,800
| +424% | +$10.1M |
|
2303
CALL
Paylocity
PCTY
$8.39B
| $12.8M | ﹤0.01% |
77,900
+56,900
| +271% | +$9.58M |
|
2304
PUT
Goodyear
GT
$1.77B
| $12.8M | ﹤0.01% |
895,800
+164,100
| +22% | +$2.18M |
|
2305
CALL
Erie Indemnity
ERIE
$13.6B
| $12.8M | ﹤0.01% |
38,300
-9,200
| -19% | -$2.76M |
|
2306
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20.4B
| $12.8M | ﹤0.01% |
407,899
-144,195
| -26% | -$3.18M |
|
2307
iShares US Transportation ETF
IYT
$2.26B
| $12.8M | ﹤0.01% |
195,176
+39,604
| +25% | +$2.37M |
|
2308
CALL
Viper Energy
VNOM
$16B
| $12.8M | ﹤0.01% |
407,600
+293,700
| +258% | +$8.72M |
|
2309
PUT
CAVA Group
CAVA
$7.82B
| $12.8M | ﹤0.01% |
297,100
+73,900
| +33% | +$2.58M |
|
2310
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$254M
| $12.8M | ﹤0.01% |
225,700
-25,700
| -10% | -$1.52M |
|
2311
PUT
West Pharmaceutical
WST
$24.4B
| $12.7M | ﹤0.01% |
36,200
+2,200
| +6% | +$779K |
|
|
ARCH
2312
DELISTED
Arch Resources, Inc.
ARCH
| $12.7M | ﹤0.01% |
76,787
-74,211
| -49% | -$11.7M |
|
2313
iShares Russell 1000 Growth ETF
IWF
$127B
| $12.7M | ﹤0.01% |
168,068
+133,592
| +387% | +$9.45M |
|
2314
CALL
MasTec
MTZ
$20.2B
| $12.7M | ﹤0.01% |
168,200
+80,500
| +92% | +$5.03M |
|
2315
CALL
Invesco DB US Dollar Index Bearish Fund
UDN
$101M
| $12.7M | ﹤0.01% |
690,800
-30,600
| -4% | -$569K |
|
2316
CALL
Campbell Soup
CPB
$6.94B
| $12.7M | ﹤0.01% |
294,300
+86,900
| +42% | +$3.57M |
|
2317
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$257M
| $12.7M | ﹤0.01% |
388,900
-134,800
| -26% | -$4.71M |
|
2318
CALL
Starwood Property Trust
STWD
$5.9B
| $12.7M | ﹤0.01% |
604,800
-205,900
| -25% | -$4.04M |
|
2319
PUT
ProShares UltraPro Russell2000
URTY
$339M
| $12.7M | ﹤0.01% |
273,000
+109,800
| +67% | +$3.77M |
|
2320
IQVIA
IQV
$43.2B
| $12.7M | ﹤0.01% |
54,700
-46,047
| -46% | -$9.45M |
|
2321
CALL
Sun Communities
SUI
$15B
| $12.6M | ﹤0.01% |
94,500
+64,400
| +214% | +$7.76M |
|
2322
PUT
Polaris
PII
$3.63B
| $12.6M | ﹤0.01% |
133,200
+40,200
| +43% | +$3.68M |
|
2323
NVR
NVR
$17B
| $12.6M | ﹤0.01% |
1,803
+499
| +38% | +$3.08M |
|
2324
PUT
Icahn Enterprises
IEP
$4.78B
| $12.6M | ﹤0.01% |
733,800
-32,400
| -4% | -$567K |
|
2325
CALL
Factset
FDS
$10.8B
| $12.6M | ﹤0.01% |
26,400
-15,200
| -37% | -$6.84M |
|
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.