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 | |
|---|---|---|---|---|---|---|
10776
Commercial Vehicle Group
CVGI
$127M
| $172K | ﹤0.01% |
24,539
+14,078
| +135% | +$95.7K |
|
10777
PUT
Kamada
KMDA
$478M
| $172K | ﹤0.01% |
+28,100
| New | +$142K |
|
10778
CALL
Rekor Systems
REKR
$75.5M
| $172K | ﹤0.01% |
51,600
-5,700
| -10% | -$16.2K |
|
|
SLRN
10779
PUT
DELISTED
ACELYRIN
SLRN
| $172K | ﹤0.01% |
23,000
+3,200
| +16% | +$27.3K |
|
|
TTSH
10780
DELISTED
Tile Shop Holdings
TTSH
| $171K | ﹤0.01% |
+23,297
| New | +$140K |
|
|
NXC
10781
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $171K | ﹤0.01% |
+13,403
| New | +$166K |
|
10782
CALL
Replimune Group
REPL
$1.46B
| $171K | ﹤0.01% |
20,300
-403,300
| -95% | -$4.68M |
|
10783
Star Group
SGU
$416M
| $171K | ﹤0.01% |
14,842
-262
| -2% | -$3.18K |
|
|
TRTX
10784
CALL
TPG RE Finance Trust
TRTX
$593M
| $171K | ﹤0.01% |
+26,300
| New | +$159K |
|
|
KREF
10785
CALL
KKR Real Estate Finance Trust
KREF
$488M
| $171K | ﹤0.01% |
12,900
-9,900
| -43% | -$119K |
|
10786
ImmuCell
ICCC
$90.3M
| $170K | ﹤0.01% |
33,720
+16,164
| +92% | +$78.9K |
|
|
MMU
10787
Western Asset Managed Municipals Fund
MMU
$551M
| $170K | ﹤0.01% |
16,736
-4,597
| -22% | -$43.4K |
|
|
PFIE
10788
DELISTED
Profire Energy, Inc
PFIE
| $170K | ﹤0.01% |
94,027
-132,704
| -59% | -$249K |
|
10789
PUT
Actinium Pharmaceuticals
ATNM
$31.7M
| $170K | ﹤0.01% |
33,500
+3,000
| +10% | +$15.4K |
|
10790
Korea Electric Power
KEP
$15B
| $170K | ﹤0.01% |
23,451
+4,716
| +25% | +$31.9K |
|
|
FOCL
10791
CALL
EDAP TMS S.A.
FOCL
$198M
| $170K | ﹤0.01% |
32,200
-22,000
| -41% | -$128K |
|
10792
PUT
Sasol
SSL
$7.58B
| $170K | ﹤0.01% |
+17,100
| New | +$201K |
|
10793
CALL
OraSure Technologies
OSUR
$248M
| $170K | ﹤0.01% |
20,700
+3,200
| +18% | +$21K |
|
10794
CALL
Momentus
MNTS
$90M
| $170K | ﹤0.01% |
393
| – | – |
|
10795
PUT
Caribou Biosciences
CRBU
$174M
| $170K | ﹤0.01% |
29,600
-34,300
| -54% | -$170K |
|
|
NAPA
10796
PUT
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $169K | ﹤0.01% |
+17,200
| New | +$174K |
|
10797
Organogenesis Holdings
ORGO
$224M
| $169K | ﹤0.01% |
41,367
-343,643
| -89% | -$962K |
|
|
AFBI
10798
DELISTED
Affinity Bancshares
AFBI
| $169K | ﹤0.01% |
10,595
-3,345
| -24% | -$49.5K |
|
10799
Arq
ARQ
$94.3M
| $169K | ﹤0.01% |
56,720
+30,227
| +114% | +$67.4K |
|
10800
PUT
Immunic
IMUX
$210M
| $169K | ﹤0.01% |
11,250
+1,300
| +13% | +$15.9K |
|
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.