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 | |
|---|---|---|---|---|---|---|
2526
PJT Partners
PJT
$4.55B
| $10.2M | ﹤0.01% |
128,579
+18,601
| +17% | +$1.44M |
|
2527
CALL
Xponential Fitness
XPOF
$233M
| $10.2M | ﹤0.01% |
658,000
+231,600
| +54% | +$4.54M |
|
2528
CALL
DoubleVerify
DV
$2.07B
| $10.2M | ﹤0.01% |
364,300
+12,300
| +3% | +$421K |
|
2529
PUT
MP Materials
MP
$10.4B
| $10.2M | ﹤0.01% |
532,900
-152,300
| -22% | -$3.38M |
|
2530
PUT
Fastly Inc
FSLY
$3.89B
| $10.2M | ﹤0.01% |
530,300
+162,600
| +44% | +$3.17M |
|
2531
CALL
Vail Resorts
MTN
$5.26B
| $10.2M | ﹤0.01% |
45,800
-32,600
| -42% | -$7.74M |
|
2532
CALL
Hyatt Hotels
H
$16.6B
| $10.2M | ﹤0.01% |
95,800
+61,800
| +182% | +$7.04M |
|
2533
Goodyear
GT
$1.79B
| $10.2M | ﹤0.01% |
816,899
-654,742
| -44% | -$8.9M |
|
|
VMRK
2534
PUT
Vivmark Residential
VMRK
$26.3B
| $10.2M | ﹤0.01% |
172,900
-11,900
| -6% | -$769K |
|
2535
CALL
ScottsMiracle-Gro
SMG
$3.56B
| $10.1M | ﹤0.01% |
196,400
-2,500
| -1% | -$145K |
|
2536
PUT
Labcorp
LH
$27.5B
| $10.1M | ﹤0.01% |
50,400
+8,380
| +20% | +$1.77M |
|
2537
PUT
Vornado Realty Trust
VNO
$7.32B
| $10.1M | ﹤0.01% |
446,700
+9,800
| +2% | +$217K |
|
2538
CALL
Build-A-Bear
BBW
$376M
| $10.1M | ﹤0.01% |
344,400
+270,100
| +364% | +$6.83M |
|
2539
Organon & Co
OGN
$3.61B
| $10.1M | ﹤0.01% |
582,346
+384,363
| +194% | +$8.01M |
|
|
FNGA
2540
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $10.1M | ﹤0.01% |
67,251
-95,239
| -59% | -$17M |
|
2541
Fidelity National Financial
FNF
$12.7B
| $10.1M | ﹤0.01% |
244,207
-95,390
| -28% | -$3.82M |
|
2542
PUT
Ball Corp
BALL
$16.9B
| $10.1M | ﹤0.01% |
202,600
-458,500
| -69% | -$25M |
|
2543
PUT
Syndax Pharmaceuticals
SNDX
$1.78B
| $10.1M | ﹤0.01% |
693,800
+590,800
| +574% | +$11.2M |
|
2544
PUT
Bio-Rad Laboratories Class A
BIO
$10.6B
| $10.1M | ﹤0.01% |
28,100
-16,200
| -37% | -$6.25M |
|
2545
Agree Realty
ADC
$9.14B
| $10.1M | ﹤0.01% |
182,329
+1,387
| +0.8% | +$86.7K |
|
|
MRSH
2546
PUT
Marsh
MRSH
$90.7B
| $10.1M | ﹤0.01% |
52,900
-13,000
| -20% | -$2.49M |
|
2547
JetBlue
JBLU
$1.89B
| $10.1M | ﹤0.01% |
2,187,060
-447,544
| -17% | -$2.94M |
|
2548
CALL
Darling Ingredients
DAR
$9.58B
| $10.1M | ﹤0.01% |
192,700
-44,600
| -19% | -$2.79M |
|
2549
iShares MSCI India ETF
INDA
$6.61B
| $10M | ﹤0.01% |
+227,162
| New | +$10M |
|
2550
PUT
Interactive Brokers
IBKR
$43.8B
| $10M | ﹤0.01% |
464,000
-129,600
| -22% | -$2.88M |
|
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.