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 | |
|---|---|---|---|---|---|---|
11101
CALL
Haleon
HLN
$44.3B
| $123K | ﹤0.01% |
15,000
-15,500
| -51% | -$128K |
|
|
MUE
11102
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $123K | ﹤0.01% |
12,310
-8,007
| -39% | -$75.1K |
|
|
CYPH
11103
CALL
Cypherpunk Technologies Inc
CYPH
$190M
| $123K | ﹤0.01% |
29,700
+10,500
| +55% | +$22.7K |
|
11104
PUT
Offerpad Solutions
OPAD
$21.7M
| $123K | ﹤0.01% |
+1,200
| New | +$109K |
|
11105
CALL
Summit Therapeutics
SMMT
$11B
| $123K | ﹤0.01% |
47,100
-535,100
| -92% | -$1.1M |
|
11106
Lifetime Brands
LCUT
$214M
| $123K | ﹤0.01% |
+18,263
| New | +$107K |
|
11107
Reading International Class A
RDI
$47.4M
| $123K | ﹤0.01% |
+64,152
| New | +$123K |
|
11108
CALL
Byrna Technologies
BYRN
$80.5M
| $122K | ﹤0.01% |
19,100
-18,500
| -49% | -$90.4K |
|
|
PLYA
11109
DELISTED
Playa Hotels & Resorts
PLYA
| $122K | ﹤0.01% |
14,095
-39,127
| -74% | -$295K |
|
11110
CALL
Zevra Therapeutics
ZVRA
$689M
| $122K | ﹤0.01% |
18,600
-28,200
| -60% | -$132K |
|
|
MRDN
11111
Meridian Holdings Inc
MRDN
$178M
| $122K | ﹤0.01% |
4,203
+3,168
| +306% | +$94.5K |
|
11112
Precigen
PGEN
$2.53B
| $121K | ﹤0.01% |
90,561
-61,452
| -40% | -$72.2K |
|
11113
Invesco Municipal Income Opportunities Trust
OIA
$290M
| $121K | ﹤0.01% |
19,106
+7,593
| +66% | +$44.4K |
|
|
SOND
11114
DELISTED
Sonder
SOND
| $121K | ﹤0.01% |
+35,764
| New | +$207K |
|
11115
VTEX
VTEX
$589M
| $121K | ﹤0.01% |
17,599
-5,005
| -22% | -$30.5K |
|
11116
PUT
NuScale Power
SMR
$3.89B
| $121K | ﹤0.01% |
36,800
-71,200
| -66% | -$253K |
|
11117
PUT
Rigetti Computing
RGTI
$5.26B
| $121K | ﹤0.01% |
123,200
-18,100
| -13% | -$20.6K |
|
11118
Nkarta
NKTX
$195M
| $121K | ﹤0.01% |
18,285
-236,838
| -93% | -$614K |
|
|
PCGG
11119
DELISTED
Polen Capital Global Growth ETF
PCGG
| $120K | ﹤0.01% |
+11,493
| New | +$113K |
|
|
ASRT
11120
DELISTED
Assertio
ASRT
| $120K | ﹤0.01% |
7,504
-1,723
| -19% | -$42.6K |
|
11121
CALL
BeyondSpring
BYSI
$25.7M
| $120K | ﹤0.01% |
134,900
+5,500
| +4% | +$5.05K |
|
11122
PUT
Rockwell Medical
RMTI
$32M
| $120K | ﹤0.01% |
6,350
-6,470
| -50% | -$122K |
|
11123
ClearPoint Neuro
CLPT
$482M
| $120K | ﹤0.01% |
+17,663
| New | +$100K |
|
|
XRN
11124
PUT
Chiron Real Estate Inc
XRN
$488M
| $120K | ﹤0.01% |
2,160
-280
| -11% | -$13.6K |
|
|
FRGE
11125
CALL
DELISTED
Forge Global Holdings
FRGE
| $120K | ﹤0.01% |
2,327
+1,334
| +134% | +$56.6K |
|
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.