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 | |
|---|---|---|---|---|---|---|
3151
VF Corp
VFC
$5.36B
| $6.29M | ﹤0.01% |
356,025
-795,448
| -69% | -$15.1M |
|
3152
PUT
iShares MSCI ACWI ETF
ACWI
$33.4B
| $6.29M | ﹤0.01% |
68,100
-2,000
| -3% | -$192K |
|
3153
e.l.f. Beauty
ELF
$6.26B
| $6.29M | ﹤0.01% |
57,261
+37,448
| +189% | +$4.55M |
|
3154
CALL
Invesco Mortgage Capital
IVR
$799M
| $6.28M | ﹤0.01% |
627,700
+7,600
| +1% | +$84K |
|
3155
Southern Copper
SCCO
$183B
| $6.28M | ﹤0.01% |
91,027
+13,250
| +17% | +$957K |
|
3156
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $6.27M | ﹤0.01% |
32,200
+2,500
| +8% | +$510K |
|
3157
CALL
Charles River Laboratories
CRL
$14.2B
| $6.27M | ﹤0.01% |
32,000
-16,800
| -34% | -$3.45M |
|
3158
CALL
Fiverr
FVRR
$338M
| $6.27M | ﹤0.01% |
256,200
+10,300
| +4% | +$290K |
|
3159
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.4B
| $6.26M | ﹤0.01% |
+65,566
| New | +$6.41M |
|
3160
Zillow
ZG
$8.17B
| $6.25M | ﹤0.01% |
139,570
+74,131
| +113% | +$3.72M |
|
3161
PUT
Howard Hughes
HHH
$3.88B
| $6.25M | ﹤0.01% |
88,431
+42,904
| +94% | +$3.24M |
|
3162
CALL
SandRidge Energy
SD
$524M
| $6.25M | ﹤0.01% |
398,900
+3,800
| +1% | +$60.8K |
|
3163
CALL
AppFolio
APPF
$8.22B
| $6.25M | ﹤0.01% |
34,200
+1,600
| +5% | +$290K |
|
3164
PUT
Levi Strauss
LEVI
$8.1B
| $6.25M | ﹤0.01% |
459,900
+121,000
| +36% | +$1.69M |
|
3165
PUT
Service Corp International
SCI
$11.4B
| $6.25M | ﹤0.01% |
109,300
+90,600
| +484% | +$5.72M |
|
3166
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.52B
| $6.24M | ﹤0.01% |
148,510
+120,944
| +439% | +$5.4M |
|
3167
Atlassian
TEAM
$47B
| $6.24M | ﹤0.01% |
30,958
-82,475
| -73% | -$15.7M |
|
3168
CALL
Extra Space Storage
EXR
$30.2B
| $6.24M | ﹤0.01% |
51,300
+24,100
| +89% | +$3.24M |
|
3169
International Paper
IP
$21.1B
| $6.23M | ﹤0.01% |
175,739
+24,267
| +16% | +$825K |
|
3170
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $6.22M | ﹤0.01% |
206,426
-88,712
| -30% | -$2.71M |
|
3171
PUT
Installed Building Products
IBP
$6.4B
| $6.22M | ﹤0.01% |
49,800
-3,900
| -7% | -$551K |
|
3172
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $6.22M | ﹤0.01% |
85,500
-29,500
| -26% | -$2.43M |
|
3173
FTAI Aviation
FTAI
$20.5B
| $6.21M | ﹤0.01% |
174,717
+79,746
| +84% | +$2.74M |
|
|
SNV
3174
CALL
DELISTED
Synovus
SNV
| $6.21M | ﹤0.01% |
223,300
-88,300
| -28% | -$2.76M |
|
3175
PUT
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $6.2M | ﹤0.01% |
141,800
+85,000
| +150% | +$3.89M |
|
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.