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 | |
|---|---|---|---|---|---|---|
2326
CALL
Blackstone Mortgage Trust
BXMT
$2.33B
| $12.6M | ﹤0.01% |
591,800
+79,200
| +15% | +$1.71M |
|
2327
American Water Works
AWK
$27.2B
| $12.6M | ﹤0.01% |
95,188
-147,961
| -61% | -$18.7M |
|
2328
CALL
Atkore
ATKR
$3.16B
| $12.6M | ﹤0.01% |
78,500
-18,900
| -19% | -$2.61M |
|
2329
Textron
TXT
$14.2B
| $12.6M | ﹤0.01% |
156,059
-185,918
| -54% | -$14.4M |
|
2330
PUT
IonQ
IONQ
$17.2B
| $12.5M | ﹤0.01% |
1,012,100
+104,900
| +12% | +$1.35M |
|
2331
CALL
IAMGOLD
IAG
$12.3B
| $12.5M | ﹤0.01% |
4,945,200
+48,600
| +1% | +$116K |
|
2332
CALL
PVH
PVH
$3.51B
| $12.5M | ﹤0.01% |
102,300
+3,700
| +4% | +$331K |
|
2333
CALL
Dave & Buster's
PLAY
$319M
| $12.5M | ﹤0.01% |
231,900
-60,300
| -21% | -$2.44M |
|
2334
PUT
Labcorp
LH
$27.3B
| $12.5M | ﹤0.01% |
54,900
+4,500
| +9% | +$945K |
|
2335
PUT
Neurocrine Biosciences
NBIX
$15.8B
| $12.5M | ﹤0.01% |
94,700
+1,900
| +2% | +$219K |
|
2336
PUT
Bio-Rad Laboratories Class A
BIO
$10.4B
| $12.5M | ﹤0.01% |
38,600
+10,500
| +37% | +$3.29M |
|
2337
CALL
Rhythm Pharmaceuticals
RYTM
$7.75B
| $12.5M | ﹤0.01% |
271,000
+219,600
| +427% | +$6.93M |
|
2338
PUT
Hertz
HTZ
$727M
| $12.4M | ﹤0.01% |
1,197,600
-35,400
| -3% | -$342K |
|
2339
PUT
Brookfield Asset Management
BAM
$83.2B
| $12.4M | ﹤0.01% |
309,300
+207,800
| +205% | +$7.02M |
|
2340
Whirlpool
WHR
$2.59B
| $12.4M | ﹤0.01% |
102,024
+63,782
| +167% | +$7.43M |
|
2341
PUT
Aecom
ACM
$8.52B
| $12.4M | ﹤0.01% |
134,300
+10,700
| +9% | +$908K |
|
2342
CALL
Biohaven
BHVN
$2.43B
| $12.4M | ﹤0.01% |
289,500
+89,400
| +45% | +$2.78M |
|
2343
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.22B
| $12.4M | ﹤0.01% |
552,054
+479,766
| +664% | +$11.2M |
|
2344
CALL
Hercules Capital
HTGC
$3.28B
| $12.4M | ﹤0.01% |
742,800
+248,500
| +50% | +$3.93M |
|
2345
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $12.4M | ﹤0.01% |
225,141
+80,784
| +56% | +$4.36M |
|
2346
CALL
Schwab US Large-Cap Growth ETF
SCHG
$63.2B
| $12.4M | ﹤0.01% |
596,000
+326,800
| +121% | +$6.32M |
|
2347
iShares MSCI Emerging Markets ex China ETF
EMXC
$25.1B
| $12.4M | ﹤0.01% |
223,069
+161,818
| +264% | +$8.34M |
|
2348
Take-Two Interactive
TTWO
$43.6B
| $12.4M | ﹤0.01% |
76,783
-239,817
| -76% | -$35.8M |
|
2349
PUT
AdvisorShares Pure US Cannabis ETF
MSOS
$970M
| $12.4M | ﹤0.01% |
1,762,900
+735,800
| +72% | +$4.89M |
|
2350
Chemours
CC
$2.39B
| $12.3M | ﹤0.01% |
391,192
+347,467
| +795% | +$9.43M |
|
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.