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 | |
|---|---|---|---|---|---|---|
2376
PUT
Vanguard FTSE Europe ETF
VGK
$31B
| $12.1M | ﹤0.01% |
187,700
+52,800
| +39% | +$3.16M |
|
2377
PUT
Aramark
ARMK
$15.5B
| $12.1M | ﹤0.01% |
430,600
-527,405
| -55% | -$14.3M |
|
2378
Royalty Pharma
RPRX
$27.6B
| $12.1M | ﹤0.01% |
430,633
-110,814
| -20% | -$3.05M |
|
2379
CALL
Ventas
VTR
$47.6B
| $12.1M | ﹤0.01% |
242,600
+109,200
| +82% | +$4.89M |
|
2380
CALL
West Pharmaceutical
WST
$24.4B
| $12.1M | ﹤0.01% |
34,300
-20,800
| -38% | -$7.36M |
|
2381
PUT
Organon & Co
OGN
$3.61B
| $12.1M | ﹤0.01% |
837,400
+660,900
| +374% | +$8.99M |
|
2382
Sun Communities
SUI
$15B
| $12.1M | ﹤0.01% |
90,300
-1,903
| -2% | -$229K |
|
|
KRTX
2383
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $12.1M | ﹤0.01% |
38,118
+10,575
| +38% | +$2.06M |
|
|
CIVI
2384
CALL
DELISTED
Civitas Resources
CIVI
| $12.1M | ﹤0.01% |
176,400
-20,400
| -10% | -$1.46M |
|
2385
Consolidated Edison
ED
$39.5B
| $12M | ﹤0.01% |
132,458
-272,696
| -67% | -$24.4M |
|
2386
PUT
DigitalOcean
DOCN
$14.3B
| $12M | ﹤0.01% |
328,100
-376,700
| -53% | -$10.4M |
|
|
FYBR
2387
PUT
DELISTED
Frontier Communications
FYBR
| $12M | ﹤0.01% |
474,300
-65,200
| -12% | -$1.32M |
|
2388
CALL
SAP
SAP
$255B
| $12M | ﹤0.01% |
77,700
-8,600
| -10% | -$1.24M |
|
2389
PUT
Snap-on
SNA
$20.5B
| $12M | ﹤0.01% |
41,500
+18,800
| +83% | +$5.07M |
|
2390
PUT
Trex
TREX
$4.69B
| $12M | ﹤0.01% |
144,700
+35,600
| +33% | +$2.36M |
|
|
GTM
2391
ZoomInfo Technologies
GTM
$1.19B
| $12M | ﹤0.01% |
647,446
+523,794
| +424% | +$8.21M |
|
2392
PUT
iShares TIPS Bond ETF
TIP
$15.1B
| $12M | ﹤0.01% |
111,300
+12,700
| +13% | +$1.33M |
|
2393
CALL
Vista Energy
VIST
$7.81B
| $12M | ﹤0.01% |
405,300
+151,200
| +60% | +$4.46M |
|
2394
CALL
Rollins
ROL
$17.3B
| $11.9M | ﹤0.01% |
273,500
+136,600
| +100% | +$5.32M |
|
|
PR
2395
Permian Resources
PR
$19.4B
| $11.9M | ﹤0.01% |
877,802
+425,160
| +94% | +$5.82M |
|
2396
HP
HPQ
$27.1B
| $11.9M | ﹤0.01% |
396,736
-272,012
| -41% | -$7.62M |
|
2397
Targa Resources
TRGP
$62B
| $11.9M | ﹤0.01% |
137,276
-1,898
| -1% | -$163K |
|
2398
SM Energy
SM
$8.76B
| $11.9M | ﹤0.01% |
307,784
+233,884
| +316% | +$9.02M |
|
|
VSTO
2399
CALL
DELISTED
Vista Outdoor Inc.
VSTO
| $11.9M | ﹤0.01% |
403,000
+284,900
| +241% | +$7.84M |
|
2400
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $11.9M | ﹤0.01% |
+157,733
| New | +$11.2M |
|
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.