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 | |
|---|---|---|---|---|---|---|
2726
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$657M
| $8.65M | ﹤0.01% |
299,000
-33,400
| -10% | -$1.14M |
|
|
CFLT
2727
PUT
DELISTED
Confluent
CFLT
| $8.64M | ﹤0.01% |
291,900
+34,200
| +13% | +$1.15M |
|
2728
PUT
Fomento Económico Mexicano
FMX
$41B
| $8.63M | ﹤0.01% |
79,100
+24,000
| +44% | +$2.66M |
|
2729
Roblox
RBLX
$27.4B
| $8.63M | ﹤0.01% |
298,090
-79,677
| -21% | -$2.65M |
|
2730
PUT
ArcBest
ARCB
$3.1B
| $8.63M | ﹤0.01% |
84,900
+33,900
| +66% | +$3.56M |
|
2731
Navios Maritime Partners
NMM
$2.52B
| $8.61M | ﹤0.01% |
372,289
-171,864
| -32% | -$3.92M |
|
2732
CALL
ZTO Express
ZTO
$16.1B
| $8.59M | ﹤0.01% |
355,400
-14,200
| -4% | -$361K |
|
2733
PUT
Allegro MicroSystems
ALGM
$7.06B
| $8.58M | ﹤0.01% |
268,700
+80,600
| +43% | +$3.27M |
|
2734
Bio-Rad Laboratories Class A
BIO
$10.4B
| $8.58M | ﹤0.01% |
23,938
+13,911
| +139% | +$5.37M |
|
2735
PUT
Meritage Homes
MTH
$4.6B
| $8.58M | ﹤0.01% |
140,200
+61,000
| +77% | +$4.19M |
|
2736
Bentley Systems
BSY
$11.3B
| $8.57M | ﹤0.01% |
170,936
+71,093
| +71% | +$3.58M |
|
2737
Lincoln National
LNC
$8.31B
| $8.57M | ﹤0.01% |
346,976
-264,187
| -43% | -$6.91M |
|
|
2738
CALL
Allegro MicroSystems
ALGM
$7.06B
| $8.56M | ﹤0.01% |
268,000
-170,700
| -39% | -$6.94M |
|
2739
CALL
Manchester United
MANU
$3.9B
| $8.55M | ﹤0.01% |
431,800
-96,900
| -18% | -$2.11M |
|
2740
PUT
TG Therapeutics
TGTX
$8.56B
| $8.54M | ﹤0.01% |
1,021,000
+59,900
| +6% | +$835K |
|
2741
InMode
INMD
$857M
| $8.53M | ﹤0.01% |
279,953
-42,263
| -13% | -$1.66M |
|
2742
CALL
Campbell Soup
CPB
$6.97B
| $8.52M | ﹤0.01% |
207,400
-94,500
| -31% | -$4.13M |
|
2743
CALL
H&R Block
HRB
$6.52B
| $8.47M | ﹤0.01% |
196,800
+30,000
| +18% | +$1.11M |
|
2744
PUT
Eastman Chemical
EMN
$8.32B
| $8.47M | ﹤0.01% |
110,400
-46,500
| -30% | -$3.86M |
|
2745
CALL
BorgWarner
BWA
$13.2B
| $8.47M | ﹤0.01% |
209,700
+89,511
| +74% | +$3.79M |
|
|
FYBR
2746
PUT
DELISTED
Frontier Communications
FYBR
| $8.44M | ﹤0.01% |
539,500
+174,300
| +48% | +$2.83M |
|
2747
PUT
STAAR Surgical
STAA
$1.13B
| $8.44M | ﹤0.01% |
210,000
+108,700
| +107% | +$5.09M |
|
2748
PUT
iShares Core US Aggregate Bond ETF
AGG
$139B
| $8.44M | ﹤0.01% |
89,700
+80,300
| +854% | +$7.73M |
|
2749
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$104M
| $8.43M | ﹤0.01% |
38,660
-805
| -2% | -$162K |
|
|
LBAI
2750
DELISTED
Lakeland Bancorp Inc
LBAI
| $8.42M | ﹤0.01% |
667,193
-13,622
| -2% | -$189K |
|
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.