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 | |
|---|---|---|---|---|---|---|
3051
PUT
CoStar Group
CSGP
$12.7B
| $6.75M | ﹤0.01% |
87,800
-17,600
| -17% | -$1.46M |
|
3052
Quest Diagnostics
DGX
$27B
| $6.75M | ﹤0.01% |
55,398
+8,724
| +19% | +$1.16M |
|
3053
Dropbox
DBX
$7.8B
| $6.75M | ﹤0.01% |
247,910
+229,564
| +1,251% | +$6.26M |
|
3054
CALL
iShares Select Dividend ETF
DVY
$23.8B
| $6.73M | ﹤0.01% |
62,500
-128,700
| -67% | -$14.6M |
|
3055
CALL
ATI
ATI
$29.2B
| $6.72M | ﹤0.01% |
163,400
-30,600
| -16% | -$1.36M |
|
3056
PUT
Trex
TREX
$4.69B
| $6.72M | ﹤0.01% |
109,100
+91,200
| +509% | +$6.26M |
|
3057
Acadia Pharmaceuticals
ACAD
$5.12B
| $6.72M | ﹤0.01% |
322,380
+263,917
| +451% | +$7.17M |
|
3058
Coty
COTY
$2.43B
| $6.72M | ﹤0.01% |
612,354
+207,514
| +51% | +$2.45M |
|
3059
Ryman Hospitality Properties
RHP
$8.91B
| $6.71M | ﹤0.01% |
80,595
+29,064
| +56% | +$2.57M |
|
3060
Revolution Medicines
RVMD
$47.4B
| $6.71M | ﹤0.01% |
242,472
+52,552
| +28% | +$1.56M |
|
3061
Applied Optoelectronics
AAOI
$9.62B
| $6.71M | ﹤0.01% |
611,771
+281,821
| +85% | +$2.99M |
|
3062
PureCycle Technologies
PCT
$1.34B
| $6.71M | ﹤0.01% |
1,196,075
-386,661
| -24% | -$3.63M |
|
3063
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $6.71M | ﹤0.01% |
49,500
+16,100
| +48% | +$2.31M |
|
3064
PUT
XPO
XPO
$22.4B
| $6.7M | ﹤0.01% |
89,700
+5,700
| +7% | +$393K |
|
3065
PUT
Emcor
EME
$34.2B
| $6.69M | ﹤0.01% |
31,800
+25,000
| +368% | +$5.23M |
|
3066
Hamilton Lane
HLNE
$4.63B
| $6.69M | ﹤0.01% |
73,955
-36,928
| -33% | -$3.29M |
|
|
3067
PUT
Dropbox
DBX
$7.8B
| $6.68M | ﹤0.01% |
245,400
-220,000
| -47% | -$6M |
|
3068
CALL
Vanguard Total World Stock ETF
VT
$81.5B
| $6.68M | ﹤0.01% |
71,700
-128,100
| -64% | -$12.4M |
|
3069
StoneCo
STNE
$2.2B
| $6.68M | ﹤0.01% |
625,917
+390,795
| +166% | +$4.81M |
|
3070
CALL
Direxion Daily TSLA Bear 1X ETF
TSLS
$63.2M
| $6.68M | ﹤0.01% |
+34,300
| New | +$6.73M |
|
3071
CALL
BRC Group Holdings
RILY
$286M
| $6.67M | ﹤0.01% |
162,800
+22,800
| +16% | +$1.12M |
|
3072
CALL
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $6.67M | ﹤0.01% |
150,600
+8,600
| +6% | +$404K |
|
3073
CALL
Entergy
ETR
$49.7B
| $6.66M | ﹤0.01% |
144,000
+4,200
| +3% | +$205K |
|
3074
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
| $6.65M | ﹤0.01% |
92,900
+49,400
| +114% | +$3.72M |
|
|
PPL
3075
PUT
PPL Corp
PPL
$25.9B
| $6.65M | ﹤0.01% |
282,200
-165,500
| -37% | -$4.28M |
|
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.