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 | |
|---|---|---|---|---|---|---|
|
CGAU
10701
Centerra Gold
CGAU
$4.59B
| $185K | ﹤0.01% |
31,095
-4,475
| -13% | -$24.5K |
|
10702
CALL
Fathom Holdings
FTHM
$23.3M
| $185K | ﹤0.01% |
51,600
+3,500
| +7% | +$11.1K |
|
|
FFWM
10703
CALL
DELISTED
First Foundation Inc
FFWM
| $185K | ﹤0.01% |
+19,100
| New | +$122K |
|
10704
PUT
Gray Television
GTN
$497M
| $185K | ﹤0.01% |
20,600
+5,400
| +36% | +$40.2K |
|
|
PSTX
10705
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $185K | ﹤0.01% |
54,924
+28,834
| +111% | +$74.3K |
|
|
KGRO
10706
DELISTED
KraneShares China Innovation ETF
KGRO
| $184K | ﹤0.01% |
13,713
+487
| +4% | +$6.56K |
|
10707
ProFrac Holding
ACDC
$909M
| $184K | ﹤0.01% |
21,712
+3,330
| +18% | +$29.2K |
|
10708
PUT
Arcos Dorados Holdings
ARCO
$1.69B
| $184K | ﹤0.01% |
+14,500
| New | +$155K |
|
10709
GrafTech
EAF
$193M
| $184K | ﹤0.01% |
8,396
+4,182
| +99% | +$118K |
|
10710
Protalix BioTherapeutics
PLX
$205M
| $184K | ﹤0.01% |
+103,250
| New | +$161K |
|
10711
CALL
MacroGenics
MGNX
$263M
| $184K | ﹤0.01% |
19,100
+2,600
| +16% | +$18K |
|
|
ME
10712
PUT
DELISTED
23andMe Holding Co
ME
| $184K | ﹤0.01% |
10,090
+4,795
| +91% | +$82.9K |
|
10713
CALL
Nkarta
NKTX
$198M
| $183K | ﹤0.01% |
+27,800
| New | +$72K |
|
10714
PUT
OPAL Fuels
OPAL
$62.5M
| $183K | ﹤0.01% |
+33,200
| New | +$205K |
|
|
GOCO
10715
CALL
DELISTED
GoHealth
GOCO
| $183K | ﹤0.01% |
13,700
| – | – |
|
10716
MBIA
MBI
$244M
| $183K | ﹤0.01% |
29,837
-68,331
| -70% | -$550K |
|
10717
CALL
First Bancorp
FBP
$4.28B
| $183K | ﹤0.01% |
11,100
| – | – |
|
|
MQT
10718
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $182K | ﹤0.01% |
+17,630
| New | +$168K |
|
|
SFIX
10719
PUT
Stitch Fix
SFIX
$420M
| $182K | ﹤0.01% |
51,100
-69,800
| -58% | -$246K |
|
10720
CALL
Alector
ALEC
$261M
| $182K | ﹤0.01% |
22,800
-9,500
| -29% | -$56.3K |
|
10721
Caesarstone
CSTE
$109M
| $182K | ﹤0.01% |
48,622
-2,341
| -5% | -$9.45K |
|
10722
Bausch + Lomb
BLCO
$6.13B
| $182K | ﹤0.01% |
+10,651
| New | +$171K |
|
|
EIM
10723
Eaton Vance Municipal Bond Fund
EIM
$493M
| $182K | ﹤0.01% |
+17,935
| New | +$168K |
|
10724
Duluth Holdings
DLTH
$140M
| $181K | ﹤0.01% |
+33,711
| New | +$176K |
|
10725
OraSure Technologies
OSUR
$248M
| $181K | ﹤0.01% |
22,105
-1,789
| -7% | -$11.7K |
|
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.