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 | |
|---|---|---|---|---|---|---|
2351
PUT
TORM
TRMD
$3.26B
| $12.3M | ﹤0.01% |
405,300
+219,300
| +118% | +$6.47M |
|
2352
CALL
Unilever
UL
$139B
| $12.3M | ﹤0.01% |
225,867
-177,155
| -44% | -$9.56M |
|
2353
iShares Silver Trust
SLV
$33.8B
| $12.3M | ﹤0.01% |
565,266
-406,773
| -42% | -$8.66M |
|
2354
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.9B
| $12.3M | ﹤0.01% |
184,556
+149,986
| +434% | +$9.64M |
|
2355
CALL
iShares US Technology ETF
IYW
$25.6B
| $12.3M | ﹤0.01% |
99,900
-1,300
| -1% | -$147K |
|
|
YALA
2356
Yalla Group
YALA
$844M
| $12.3M | ﹤0.01% |
2,000,000
| – | – |
|
2357
CALL
Urban Outfitters
URBN
$6.75B
| $12.3M | ﹤0.01% |
343,300
+211,000
| +159% | +$7.34M |
|
2358
PUT
FLEX LNG
FLNG
$1.69B
| $12.2M | ﹤0.01% |
420,800
+10,300
| +3% | +$309K |
|
2359
SolarEdge
SEDG
$2.06B
| $12.2M | ﹤0.01% |
130,328
-226,151
| -63% | -$20.6M |
|
2360
CALL
Levi Strauss
LEVI
$8.1B
| $12.2M | ﹤0.01% |
737,100
+336,400
| +84% | +$4.99M |
|
2361
CALL
Ramaco Resources Class A
METC
$882M
| $12.2M | ﹤0.01% |
733,333
+692,403
| +1,692% | +$9.61M |
|
2362
LyondellBasell Industries
LYB
$20.4B
| $12.2M | ﹤0.01% |
128,014
-186,949
| -59% | -$17.5M |
|
2363
CALL
Marqeta
MQ
$1.69B
| $12.2M | ﹤0.01% |
435,850
-15,400
| -3% | -$369K |
|
2364
PUT
Molson Coors Class B
TAP
$7.77B
| $12.2M | ﹤0.01% |
198,800
+12,200
| +7% | +$733K |
|
2365
CALL
Xerox
XRX
$390M
| $12.2M | ﹤0.01% |
662,900
+59,500
| +10% | +$880K |
|
2366
Patterson-UTI
PTEN
$4.68B
| $12.1M | ﹤0.01% |
1,123,716
+727,501
| +184% | +$8.85M |
|
2367
PUT
Southern Copper
SCCO
$183B
| $12.1M | ﹤0.01% |
153,814
-102,944
| -40% | -$7.08M |
|
2368
Onto Innovation
ONTO
$17.9B
| $12.1M | ﹤0.01% |
79,308
+72,030
| +990% | +$9.69M |
|
2369
Huntington Bancshares
HBAN
$34.1B
| $12.1M | ﹤0.01% |
953,226
-89,377
| -9% | -$978K |
|
2370
Citizens Financial Group
CFG
$29.6B
| $12.1M | ﹤0.01% |
365,865
-571,800
| -61% | -$15.7M |
|
|
NVMI
2371
PUT
Nova
NVMI
$11.8B
| $12.1M | ﹤0.01% |
88,200
-248,400
| -74% | -$28.7M |
|
|
CFLT
2372
PUT
DELISTED
Confluent
CFLT
| $12.1M | ﹤0.01% |
517,800
+225,900
| +77% | +$5.46M |
|
2373
CALL
Northern Oil and Gas
NOG
$2.78B
| $12.1M | ﹤0.01% |
326,800
-34,700
| -10% | -$1.31M |
|
2374
Sarepta Therapeutics
SRPT
$2.28B
| $12.1M | ﹤0.01% |
125,601
-14,740
| -11% | -$1.41M |
|
2375
PUT
iShares US Aerospace & Defense ETF
ITA
$14B
| $12.1M | ﹤0.01% |
95,600
+35,000
| +58% | +$4.04M |
|
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.