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 | |
|---|---|---|---|---|---|---|
|
TLIS
11151
DELISTED
Talis Biomedical Corporation Common Stock
TLIS
| $116K | ﹤0.01% |
15,571
+3,405
| +28% | +$22.2K |
|
11152
Dynagas LNG Partners
DLNG
$138M
| $116K | ﹤0.01% |
41,344
-20,150
| -33% | -$53K |
|
|
TRTX
11153
PUT
TPG RE Finance Trust
TRTX
$594M
| $116K | ﹤0.01% |
17,800
-1,900
| -10% | -$11.5K |
|
|
MCBC
11154
DELISTED
Macatawa Bank Corp
MCBC
| $116K | ﹤0.01% |
+10,256
| New | +$100K |
|
11155
Nuveen Real Estate Income Fund
JRS
$246M
| $115K | ﹤0.01% |
+14,739
| New | +$101K |
|
11156
Lesaka Technologies
LSAK
$391M
| $115K | ﹤0.01% |
+35,524
| New | +$139K |
|
11157
PUT
Arcutis Biotherapeutics
ARQT
$3.13B
| $115K | ﹤0.01% |
35,600
-1,600
| -4% | -$4.35K |
|
11158
CALL
Achieve Life Sciences
ACHV
$842M
| $115K | ﹤0.01% |
+27,900
| New | +$122K |
|
11159
CALL
Senseonics Holdings Inc
SENS
$497M
| $115K | ﹤0.01% |
10,075
+15
| +0.1% | +$171 |
|
11160
Rackspace Technology
RXT
$861M
| $115K | ﹤0.01% |
57,277
-43,618
| -43% | -$65.9K |
|
11161
Team
TISI
$110M
| $114K | ﹤0.01% |
17,339
-2
| -0% | -$15 |
|
|
SFIX
11162
Stitch Fix
SFIX
$412M
| $114K | ﹤0.01% |
32,049
-336,919
| -91% | -$1.19M |
|
|
DALN
11163
DELISTED
DallasNews
DALN
| $114K | ﹤0.01% |
26,786
+14,036
| +110% | +$58.6K |
|
11164
Valens Semiconductor
VLN
$202M
| $114K | ﹤0.01% |
46,628
-44,661
| -49% | -$103K |
|
11165
PUT
Kayne Anderson Energy Infrastructure Fund
KYN
$2.5B
| $114K | ﹤0.01% |
13,000
-26,600
| -67% | -$222K |
|
|
NOTV
11166
PUT
DELISTED
Inotiv
NOTV
| $114K | ﹤0.01% |
31,100
-8,400
| -21% | -$21.2K |
|
11167
PUT
Absci
ABSI
$1.62B
| $114K | ﹤0.01% |
27,100
+10,800
| +66% | +$20K |
|
|
YMAB
11168
DELISTED
Y-mAbs Therapeutics
YMAB
| $113K | ﹤0.01% |
16,640
-6,070
| -27% | -$35.1K |
|
|
IGMS
11169
DELISTED
IGM Biosciences
IGMS
| $113K | ﹤0.01% |
+13,656
| New | +$79.3K |
|
11170
CALL
Smith Micro Software
SMSI
$16.5M
| $113K | ﹤0.01% |
3,395
-2,895
| -46% | -$107K |
|
11171
PUT
Amplify Energy
AMPY
$195M
| $113K | ﹤0.01% |
19,000
-27,800
| -59% | -$179K |
|
11172
Gain Therapeutics
GANX
$80.7M
| $113K | ﹤0.01% |
34,500
-30,726
| -47% | -$85.4K |
|
11173
CALL
Kartoon Studios
TOON
$39.9M
| $113K | ﹤0.01% |
81,000
-6,800
| -8% | -$8.8K |
|
|
DMB
11174
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
| $113K | ﹤0.01% |
10,913
-4,714
| -30% | -$46.3K |
|
|
WOW
11175
DELISTED
WideOpenWest
WOW
| $113K | ﹤0.01% |
27,781
-35,227
| -56% | -$189K |
|
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.