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 | |
|---|---|---|---|---|---|---|
2576
PUT
Lincoln National
LNC
$8.34B
| $9.78M | ﹤0.01% |
396,000
-176,900
| -31% | -$4.63M |
|
2577
iShares Core MSCI EAFE ETF
IEFA
$195B
| $9.76M | ﹤0.01% |
151,666
+63,318
| +72% | +$4.24M |
|
2578
PUT
Delek US
DK
$4.25B
| $9.75M | ﹤0.01% |
343,300
-233,800
| -41% | -$6.31M |
|
2579
PUT
Ambarella
AMBA
$3.1B
| $9.75M | ﹤0.01% |
183,900
-36,000
| -16% | -$2.53M |
|
2580
PUT
Ericsson
ERIC
$32.9B
| $9.75M | ﹤0.01% |
2,006,200
+1,241,900
| +162% | +$6.32M |
|
2581
PUT
GlobalFoundries
GFS
$25.3B
| $9.72M | ﹤0.01% |
167,100
+114,100
| +215% | +$6.77M |
|
2582
CALL
Schwab US Broad Market ETF
SCHB
$44.8B
| $9.72M | ﹤0.01% |
585,000
+11,100
| +2% | +$192K |
|
2583
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $9.71M | ﹤0.01% |
85,800
+10,500
| +14% | +$1.2M |
|
2584
National Healthcare
NHC
$3.5B
| $9.69M | ﹤0.01% |
151,401
+15,677
| +12% | +$1M |
|
2585
PUT
Polaris
PII
$3.65B
| $9.69M | ﹤0.01% |
93,000
-11,800
| -11% | -$1.4M |
|
2586
PUT
Corpay
CPAY
$26.8B
| $9.68M | ﹤0.01% |
37,900
-15,300
| -29% | -$4M |
|
|
SWN
2587
CALL
DELISTED
Southwestern Energy Company
SWN
| $9.67M | ﹤0.01% |
1,499,600
-703,200
| -32% | -$4.48M |
|
2588
Campbell Soup
CPB
$6.95B
| $9.66M | ﹤0.01% |
235,194
+71,162
| +43% | +$3.11M |
|
2589
Equity Lifestyle Properties
ELS
$12.5B
| $9.66M | ﹤0.01% |
151,636
+74,548
| +97% | +$5.03M |
|
2590
PUT
SiriusXM
SIRI
$9.65B
| $9.65M | ﹤0.01% |
213,490
+73,540
| +53% | +$3.42M |
|
2591
Kadant
KAI
$3.61B
| $9.63M | ﹤0.01% |
42,699
+28,698
| +205% | +$6.21M |
|
2592
Caesars Entertainment
CZR
$6.04B
| $9.61M | ﹤0.01% |
207,426
+44,305
| +27% | +$2.35M |
|
2593
Amcor
AMCR
$21.8B
| $9.61M | ﹤0.01% |
209,912
+30,916
| +17% | +$1.49M |
|
2594
CALL
CVR Partners
UAN
$1.33B
| $9.61M | ﹤0.01% |
116,300
+7,700
| +7% | +$638K |
|
|
GES
2595
PUT
DELISTED
Guess Inc
GES
| $9.6M | ﹤0.01% |
443,800
+230,500
| +108% | +$4.87M |
|
2596
PUT
Hyatt Hotels
H
$16.6B
| $9.6M | ﹤0.01% |
90,500
-34,600
| -28% | -$3.94M |
|
2597
Darden Restaurants
DRI
$24.3B
| $9.6M | ﹤0.01% |
67,030
-46,695
| -41% | -$7.4M |
|
2598
CALL
CBRE Group
CBRE
$43.1B
| $9.59M | ﹤0.01% |
129,900
+100,300
| +339% | +$8.32M |
|
2599
PUT
Comstock Resources
CRK
$4.25B
| $9.59M | ﹤0.01% |
869,400
+63,400
| +8% | +$747K |
|
2600
Suburban Propane Partners
SPH
$1.17B
| $9.57M | ﹤0.01% |
596,516
+520,936
| +689% | +$7.7M |
|
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.