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 | |
|---|---|---|---|---|---|---|
2601
CALL
B&G Foods
BGS
$285M
| $9.57M | ﹤0.01% |
967,300
+391,600
| +68% | +$4.86M |
|
2602
CALL
Warner Music
WMG
$14.6B
| $9.56M | ﹤0.01% |
304,600
-61,400
| -17% | -$1.92M |
|
2603
PUT
Ameriprise Financial
AMP
$49.2B
| $9.56M | ﹤0.01% |
29,000
+2,400
| +9% | +$819K |
|
2604
CALL
Cullen/Frost Bankers
CFR
$10B
| $9.56M | ﹤0.01% |
104,800
-43,400
| -29% | -$4.4M |
|
2605
CALL
Viatris
VTRS
$19.6B
| $9.56M | ﹤0.01% |
969,300
+85,400
| +10% | +$889K |
|
2606
CALL
Galicia Financial Group
GGAL
$6.91B
| $9.56M | ﹤0.01% |
732,300
+61,300
| +9% | +$999K |
|
2607
Dimensional Emerging Core Equity Market ETF
DFAE
$10.1B
| $9.55M | ﹤0.01% |
423,181
+349,286
| +473% | +$8.24M |
|
2608
Maravai LifeSciences
MRVI
$1.28B
| $9.55M | ﹤0.01% |
954,739
-1,484,339
| -61% | -$16.3M |
|
2609
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $9.54M | ﹤0.01% |
115,600
-378,800
| -77% | -$32.3M |
|
|
EMBJ
2610
PUT
Embraer S.A. ADS
EMBJ
$13.4B
| $9.52M | ﹤0.01% |
694,100
+230,000
| +50% | +$3.43M |
|
2611
PUT
Atkore
ATKR
$3.16B
| $9.52M | ﹤0.01% |
63,800
+23,800
| +60% | +$3.59M |
|
2612
Ardelyx
ARDX
$989M
| $9.51M | ﹤0.01% |
2,330,950
+501,187
| +27% | +$1.95M |
|
2613
CALL
Viking Therapeutics
VKTX
$3.96B
| $9.5M | ﹤0.01% |
857,800
-886,100
| -51% | -$12.7M |
|
2614
CALL
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $9.48M | ﹤0.01% |
216,900
+11,300
| +5% | +$517K |
|
2615
PUT
Maplebear
CART
$11.6B
| $9.47M | ﹤0.01% |
+318,900
| New | +$9.67M |
|
2616
CALL
Xerox
XRX
$399M
| $9.47M | ﹤0.01% |
603,400
+22,700
| +4% | +$359K |
|
2617
PUT
Lemonade
LMND
$4.3B
| $9.45M | ﹤0.01% |
813,500
+469,300
| +136% | +$7.53M |
|
|
BRSL
2618
Brightstar Lottery PLC
BRSL
$2.08B
| $9.44M | ﹤0.01% |
311,488
-8,228
| -3% | -$262K |
|
2619
PUT
Sweetgreen
SG
$799M
| $9.42M | ﹤0.01% |
802,100
-257,600
| -24% | -$3.59M |
|
2620
CALL
QuantumScape Corp
QS
$3.57B
| $9.41M | ﹤0.01% |
1,407,200
-760,200
| -35% | -$6.19M |
|
|
2621
Lemonade
LMND
$4.3B
| $9.41M | ﹤0.01% |
809,466
+583,514
| +258% | +$9.36M |
|
2622
PUT
JetBlue
JBLU
$1.86B
| $9.4M | ﹤0.01% |
2,044,500
+1,208,900
| +145% | +$7.95M |
|
2623
CALL
United States Gasoline Fund
UGA
$142M
| $9.37M | ﹤0.01% |
138,500
+80,500
| +139% | +$5.67M |
|
2624
CALL
Inspire Medical Systems
INSP
$1.79B
| $9.37M | ﹤0.01% |
47,200
+25,200
| +115% | +$6.36M |
|
|
XIFR
2625
CALL
XPLR Infrastructure LP
XIFR
$1.1B
| $9.36M | ﹤0.01% |
315,300
+61,000
| +24% | +$3.09M |
|
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.