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 | |
|---|---|---|---|---|---|---|
2426
CALL
American Water Works
AWK
$27.2B
| $11.6M | ﹤0.01% |
88,000
-82,900
| -49% | -$10.5M |
|
2427
CALL
Canadian Solar
CSIQ
$949M
| $11.6M | ﹤0.01% |
442,100
-181,200
| -29% | -$4M |
|
2428
CALL
-1x Short VIX Futures ETF
SVIX
$163M
| $11.6M | ﹤0.01% |
307,200
+91,000
| +42% | +$2.81M |
|
2429
Loews
L
$22.5B
| $11.6M | ﹤0.01% |
166,489
-180,504
| -52% | -$12M |
|
2430
iShares Global Consumer Staples ETF
KXI
$1.08B
| $11.6M | ﹤0.01% |
195,285
+112,696
| +136% | +$6.49M |
|
2431
Mohawk Industries
MHK
$8.79B
| $11.6M | ﹤0.01% |
111,832
+23,389
| +26% | +$2.05M |
|
2432
CALL
Banc of California
BANC
$2.97B
| $11.6M | ﹤0.01% |
861,400
+747,600
| +657% | +$9.24M |
|
2433
iShares Russell 1000 ETF
IWB
$49.2B
| $11.6M | ﹤0.01% |
44,041
+16,879
| +62% | +$4.13M |
|
2434
Eversource Energy
ES
$26.7B
| $11.5M | ﹤0.01% |
186,987
-357,963
| -66% | -$20.6M |
|
2435
PUT
Monster Beverage
MNST
$91.5B
| $11.5M | ﹤0.01% |
400,400
+50,400
| +14% | +$1.35M |
|
2436
CALL
Booz Allen Hamilton
BAH
$9.01B
| $11.5M | ﹤0.01% |
90,000
+70,400
| +359% | +$8.78M |
|
2437
CALL
Rambus
RMBS
$9.88B
| $11.5M | ﹤0.01% |
168,500
-142,600
| -46% | -$8.88M |
|
2438
Dimensional US Targeted Value ETF
DFAT
$14.6B
| $11.5M | ﹤0.01% |
219,696
+200,691
| +1,056% | +$9.38M |
|
2439
PUT
Casey's General Stores
CASY
$28.2B
| $11.5M | ﹤0.01% |
41,800
-11,600
| -22% | -$3.17M |
|
2440
JB Hunt Transport Services
JBHT
$24.7B
| $11.5M | ﹤0.01% |
57,463
-5,072
| -8% | -$939K |
|
2441
Royal Caribbean
RCL
$76.2B
| $11.5M | ﹤0.01% |
88,575
-128,041
| -59% | -$13.1M |
|
2442
Southwest Airlines
LUV
$19.5B
| $11.4M | ﹤0.01% |
395,880
-2,036,942
| -84% | -$53M |
|
2443
Cencora
COR
$61.3B
| $11.4M | ﹤0.01% |
55,640
-229,114
| -80% | -$44.7M |
|
2444
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$388M
| $11.4M | ﹤0.01% |
437,700
-307,500
| -41% | -$9.29M |
|
2445
PUT
Nabors Industries
NBR
$1.36B
| $11.4M | ﹤0.01% |
139,900
+22,500
| +19% | +$2.18M |
|
2446
CALL
Plains GP Holdings
PAGP
$5.55B
| $11.4M | ﹤0.01% |
714,900
-57,600
| -7% | -$910K |
|
2447
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.5B
| $11.4M | ﹤0.01% |
382,821
+141,274
| +58% | +$4.16M |
|
2448
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.5B
| $11.4M | ﹤0.01% |
47,147
+42,618
| +941% | +$9.25M |
|
2449
ProShares Short VIX Short-Term Futures ETF
SVXY
$250M
| $11.4M | ﹤0.01% |
220,134
-494,646
| -69% | -$22.8M |
|
2450
Ameren
AEE
$29.6B
| $11.4M | ﹤0.01% |
157,289
-274,716
| -64% | -$20.9M |
|
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.