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 | |
|---|---|---|---|---|---|---|
11051
CALL
Angi Inc
ANGI
$200M
| $130K | ﹤0.01% |
5,220
+3,840
| +278% | +$78.4K |
|
11052
CALL
Protalix BioTherapeutics
PLX
$209M
| $130K | ﹤0.01% |
73,000
-56,000
| -43% | -$87.1K |
|
11053
PUT
QuinStreet
QNST
$1.11B
| $129K | ﹤0.01% |
+10,100
| New | +$114K |
|
|
PFTA
11054
DELISTED
Perception Capital Corp. III Class A Ordinary Share
PFTA
| $129K | ﹤0.01% |
+12,216
| New | +$128K |
|
11055
PUT
Ivanhoe Electric
IE
$1.84B
| $129K | ﹤0.01% |
+12,800
| New | +$135K |
|
|
RCM
11056
PUT
DELISTED
R1 RCM Inc. Common Stock
RCM
| $129K | ﹤0.01% |
12,200
-27,500
| -69% | -$312K |
|
11057
Usio Inc
USIO
$79.5M
| $129K | ﹤0.01% |
74,912
+46,332
| +162% | +$84.9K |
|
|
DNB
11058
DELISTED
Dun & Bradstreet
DNB
| $129K | ﹤0.01% |
+11,005
| New | +$112K |
|
11059
CALL
D-Wave Quantum Inc
QBTS
$6.34B
| $129K | ﹤0.01% |
146,300
+6,600
| +5% | +$5.85K |
|
11060
PUT
ESS Tech
GWH
$13.8M
| $129K | ﹤0.01% |
7,527
+6,320
| +524% | +$128K |
|
11061
PUT
EverQuote
EVER
$904M
| $129K | ﹤0.01% |
+10,500
| New | +$95.4K |
|
11062
PUT
New Mountain Finance
NMFC
$717M
| $128K | ﹤0.01% |
+10,100
| New | +$129K |
|
11063
PUT
CareDx
CDNA
$2.65B
| $128K | ﹤0.01% |
+10,700
| New | +$87.7K |
|
11064
PUT
Ring Energy
REI
$380M
| $128K | ﹤0.01% |
87,900
-61,300
| -41% | -$101K |
|
11065
China Yuchai International
CYD
$1.47B
| $128K | ﹤0.01% |
15,314
-76
| -0.5% | -$677 |
|
11066
BlackRock MuniAssets Fund
MUA
$669M
| $128K | ﹤0.01% |
12,088
+187
| +2% | +$1.8K |
|
11067
MediaAlpha
MAX
$676M
| $128K | ﹤0.01% |
+11,469
| New | +$114K |
|
11068
PUT
Transact Technologies
TACT
$53M
| $128K | ﹤0.01% |
18,300
+500
| +3% | +$3.28K |
|
11069
PUT
Tempest Therapeutics
TPST
$17.5M
| $128K | ﹤0.01% |
+2,231
| New | +$106K |
|
11070
CALL
Select Water Solutions
WTTR
$2.49B
| $128K | ﹤0.01% |
16,800
-12,800
| -43% | -$95.2K |
|
11071
CALL
Paysign
PAYS
$727M
| $127K | ﹤0.01% |
45,500
+23,900
| +111% | +$52.4K |
|
11072
Gold Royalty Corp
GROY
$783M
| $127K | ﹤0.01% |
86,637
+53,463
| +161% | +$74.8K |
|
|
KCGI
11073
DELISTED
Kensington Capital Acquisition Corp. V
KCGI
| $127K | ﹤0.01% |
+11,901
| New | +$127K |
|
11074
TechPrecision Corp
TPCS
$58.5M
| $127K | ﹤0.01% |
24,698
-27,870
| -53% | -$182K |
|
11075
PUT
Achieve Life Sciences
ACHV
$827M
| $127K | ﹤0.01% |
30,800
+1,800
| +6% | +$7.84K |
|
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.