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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.26B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$2.12B |
| 3 |
Apple
AAPL
|
+$986M |
| 4 |
Amazon
AMZN
|
+$676M |
| 5 |
Kenvue
KVUE
|
+$501M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.26B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$638M |
| 3 |
Microsoft
MSFT
|
+$630M |
| 4 |
Meta Platforms (Facebook)
META
|
+$578M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$453M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 90.81% |
| 2 | Technology | 2.36% |
| 3 | Consumer Discretionary | 1.65% |
| 4 | Financials | 1.08% |
| 5 | Healthcare | 0.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$98.7M
| $10.4M | ﹤0.01% |
133,900
+2,800
| +2% | +$237K |
|
2502
PUT
Krystal Biotech
KRYS
$10.6B
| $10.3M | ﹤0.01% |
89,200
+19,300
| +28% | +$2.35M |
|
2503
PUT
C.H. Robinson
CHRW
$17.6B
| $10.3M | ﹤0.01% |
120,100
+60,400
| +101% | +$5.64M |
|
2504
PUT
Royal Bank of Canada
RY
$283B
| $10.3M | ﹤0.01% |
118,300
-18,100
| -13% | -$1.68M |
|
2505
Armstrong World Industries
AWI
$7.47B
| $10.3M | ﹤0.01% |
143,631
+115,957
| +419% | +$8.65M |
|
2506
PUT
Omega Healthcare
OHI
$14.1B
| $10.3M | ﹤0.01% |
311,300
+38,200
| +14% | +$1.22M |
|
2507
Kinross Gold
KGC
$38.4B
| $10.3M | ﹤0.01% |
2,260,854
-1,379,627
| -38% | -$6.76M |
|
2508
CALL
iShares US Aerospace & Defense ETF
ITA
$14B
| $10.3M | ﹤0.01% |
97,200
-170,800
| -64% | -$19.5M |
|
2509
PUT
Aehr Test Systems
AEHR
$3.09B
| $10.3M | ﹤0.01% |
225,300
+26,600
| +13% | +$1.23M |
|
2510
CALL
ACM Research
ACMR
$5.53B
| $10.3M | ﹤0.01% |
568,200
+335,300
| +144% | +$4.99M |
|
2511
CALL
Hecla Mining
HL
$14.2B
| $10.3M | ﹤0.01% |
2,629,900
-1,494,200
| -36% | -$7.16M |
|
2512
CALL
GlobalFoundries
GFS
$25.2B
| $10.3M | ﹤0.01% |
176,700
-27,300
| -13% | -$1.62M |
|
2513
CALL
STMicroelectronics
STM
$45.1B
| $10.3M | ﹤0.01% |
238,100
+129,300
| +119% | +$6.17M |
|
2514
CALL
Republic Services
RSG
$67.2B
| $10.3M | ﹤0.01% |
72,100
-32,700
| -31% | -$4.86M |
|
|
SPLK
2515
DELISTED
Splunk Inc
SPLK
| $10.3M | ﹤0.01% |
70,241
-388,896
| -85% | -$44.1M |
|
2516
PUT
Carrier Global
CARR
$47.9B
| $10.3M | ﹤0.01% |
186,100
+118,200
| +174% | +$6.5M |
|
2517
PUT
Aecom
ACM
$8.39B
| $10.3M | ﹤0.01% |
123,600
+11,000
| +10% | +$948K |
|
2518
iShares Biotechnology ETF
IBB
$10.8B
| $10.3M | ﹤0.01% |
83,920
-21,943
| -21% | -$2.79M |
|
2519
CALL
Murphy USA
MUSA
$9.47B
| $10.3M | ﹤0.01% |
30,000
+14,700
| +96% | +$4.67M |
|
2520
CALL
Centrus Energy
LEU
$3.83B
| $10.2M | ﹤0.01% |
180,500
+92,500
| +105% | +$3.98M |
|
2521
CALL
QuidelOrtho
QDEL
$1.05B
| $10.2M | ﹤0.01% |
140,200
+76,000
| +118% | +$6.07M |
|
2522
CALL
Stellantis
STLA
$19.8B
| $10.2M | ﹤0.01% |
534,900
+288,600
| +117% | +$5.4M |
|
2523
CALL
Telephone and Data Systems
TDS
$3.78B
| $10.2M | ﹤0.01% |
558,600
+515,500
| +1,196% | +$7.44M |
|
2524
PUT
iShares TIPS Bond ETF
TIP
$15.1B
| $10.2M | ﹤0.01% |
98,600
-39,700
| -29% | -$4.2M |
|
2525
PUT
Edison International
EIX
$28.4B
| $10.2M | ﹤0.01% |
161,500
-32,000
| -17% | -$2.23M |
|
Similar funds
Jeff Yass's Q3 2023 Portfolio in Review
As of Q3 2023, Jeff Yass held 13,532 positions worth $481B, down 2.3% from $492B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jeff Yass's Q3 2023 filing shows 1,585 new, 5,250 increased, 4,926 reduced and 1,614 closed positions. Its largest new stake was iShares JPMorgan USD Emerging Markets Bond ETF: 632,356 shares worth $52.2M. The largest sale was NVIDIA, an estimated $1.26B.
By sector, the portfolio is most concentrated in Miscellaneous at 91% of assets, up from 90% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q3 2023 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 632,356 shares worth $52.2M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $3.26B increase.
- Jeff Yass's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $1.26B.
- Jeff Yass fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $45.6M.
- Jeff Yass's ten largest holdings make up 28% of its $481B portfolio in Q3 2023.
- Jeff Yass opened 1,585 new positions and closed 1,614 in Q3 2023.
- Jeff Yass's portfolio value fell 2.3% quarter-over-quarter to $481B.
Based on Susquehanna International Group's 13F filing for Q3 2023, filed 14 Nov 2023.