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 | |
|---|---|---|---|---|---|---|
2551
Advanced Drainage Systems
WMS
$10.5B
| $10M | ﹤0.01% |
88,185
+18,235
| +26% | +$2.23M |
|
2552
CALL
Huntington Bancshares
HBAN
$34.1B
| $10M | ﹤0.01% |
963,800
-380,400
| -28% | -$4.27M |
|
|
CPE
2553
PUT
DELISTED
Callon Petroleum Company
CPE
| $10M | ﹤0.01% |
256,100
-83,400
| -25% | -$3.08M |
|
|
X
2554
DELISTED
US Steel
X
| $10M | ﹤0.01% |
308,211
-1,266,752
| -80% | -$35.5M |
|
2555
International Flavors & Fragrances
IFF
$22.2B
| $10M | ﹤0.01% |
146,748
-28,980
| -16% | -$2.12M |
|
2556
PagSeguro Digital
PAGS
$2.49B
| $10M | ﹤0.01% |
1,161,088
+304,584
| +36% | +$2.87M |
|
2557
PUT
Xerox
XRX
$402M
| $9.98M | ﹤0.01% |
636,200
-677,600
| -52% | -$10.7M |
|
2558
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $9.95M | ﹤0.01% |
112,500
-108,800
| -49% | -$9.68M |
|
2559
CALL
AES
AES
$10.5B
| $9.94M | ﹤0.01% |
654,200
+133,200
| +26% | +$2.54M |
|
2560
Aptiv
APTV
$9.67B
| $9.94M | ﹤0.01% |
100,780
-39,921
| -28% | -$4.13M |
|
2561
TKO Group
TKO
$13.5B
| $9.93M | ﹤0.01% |
+118,122
| New | +$11M |
|
2562
CALL
Huntsman Corp
HUN
$1.68B
| $9.93M | ﹤0.01% |
406,800
-58,400
| -13% | -$1.58M |
|
2563
PUT
Equinor
EQNR
$96.7B
| $9.9M | ﹤0.01% |
301,900
+8,900
| +3% | +$276K |
|
2564
CALL
Rithm Capital
RITM
$5.62B
| $9.87M | ﹤0.01% |
1,062,300
+37,000
| +4% | +$365K |
|
2565
iShares MSCI USA Momentum Factor ETF
MTUM
$24.6B
| $9.86M | ﹤0.01% |
70,599
+50,087
| +244% | +$7.23M |
|
|
PLL
2566
CALL
DELISTED
Piedmont Lithium
PLL
| $9.84M | ﹤0.01% |
247,900
+63,600
| +35% | +$3.09M |
|
2567
CALL
UWM Holdings
UWMC
$2.31B
| $9.84M | ﹤0.01% |
2,028,900
+1,020,100
| +101% | +$5.88M |
|
2568
CALL
Flex
FLEX
$42.6B
| $9.83M | ﹤0.01% |
483,559
-76,170
| -14% | -$1.54M |
|
2569
CALL
ProShares Ultra Silver
AGQ
$1.63B
| $9.82M | ﹤0.01% |
399,000
-26,400
| -6% | -$749K |
|
2570
Illumina
ILMN
$34.7B
| $9.81M | ﹤0.01% |
73,434
+28,622
| +64% | +$4.71M |
|
2571
CALL
Autoliv
ALV
$9.02B
| $9.8M | ﹤0.01% |
101,600
+44,700
| +79% | +$4.28M |
|
2572
PUT
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$204M
| $9.79M | ﹤0.01% |
280,000
-90,300
| -24% | -$3.51M |
|
|
DM
2573
PUT
DELISTED
Desktop Metal, Inc.
DM
| $9.79M | ﹤0.01% |
670,250
-10,860
| -2% | -$180K |
|
2574
Mettler-Toledo International
MTD
$28.6B
| $9.79M | ﹤0.01% |
8,831
+2,809
| +47% | +$3.44M |
|
|
NEWR
2575
PUT
DELISTED
New Relic, Inc.
NEWR
| $9.78M | ﹤0.01% |
114,200
-6,400
| -5% | -$516K |
|
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.