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 | |
|---|---|---|---|---|---|---|
3176
Valley National Bancorp
VLY
$7.71B
| $6.2M | ﹤0.01% |
724,067
-404,826
| -36% | -$3.67M |
|
3177
CALL
Neogen
NEOG
$2.56B
| $6.18M | ﹤0.01% |
333,300
+92,100
| +38% | +$2.01M |
|
3178
iShares US Basic Materials ETF
IYM
$1.05B
| $6.18M | ﹤0.01% |
48,891
+15,245
| +45% | +$2.02M |
|
3179
Kilroy Realty
KRC
$4.27B
| $6.16M | ﹤0.01% |
194,966
+34,433
| +21% | +$1.19M |
|
|
EMBJ
3180
Embraer S.A. ADS
EMBJ
$13.4B
| $6.16M | ﹤0.01% |
449,011
+148,352
| +49% | +$2.21M |
|
3181
PUT
PACCAR
PCAR
$66.6B
| $6.16M | ﹤0.01% |
72,450
-167,500
| -70% | -$14.2M |
|
3182
QuidelOrtho
QDEL
$1.05B
| $6.15M | ﹤0.01% |
84,138
+55,055
| +189% | +$4.4M |
|
3183
BP
BP
$109B
| $6.14M | ﹤0.01% |
158,687
+78,725
| +98% | +$2.92M |
|
3184
GitLab
GTLB
$7.57B
| $6.14M | ﹤0.01% |
135,872
-343,525
| -72% | -$16.4M |
|
3185
Five Below
FIVE
$13.7B
| $6.14M | ﹤0.01% |
38,182
+11,904
| +45% | +$2.18M |
|
3186
PUT
Stratasys
SSYS
$699M
| $6.14M | ﹤0.01% |
451,300
-372,100
| -45% | -$5.89M |
|
3187
Nu Holdings
NU
$71.9B
| $6.14M | ﹤0.01% |
846,901
+784,985
| +1,268% | +$5.87M |
|
3188
Werner Enterprises
WERN
$2.31B
| $6.13M | ﹤0.01% |
157,417
+118,499
| +304% | +$5.08M |
|
3189
Global X S&P 500 Covered Call ETF
XYLD
$3.3B
| $6.12M | ﹤0.01% |
+157,439
| New | +$6.38M |
|
3190
Dimensional International Value ETF
DFIV
$21.9B
| $6.12M | ﹤0.01% |
187,625
-691,170
| -79% | -$23M |
|
|
CHX
3191
CALL
DELISTED
ChampionX
CHX
| $6.12M | ﹤0.01% |
171,800
+83,900
| +95% | +$2.98M |
|
|
DEN
3192
CALL
DELISTED
Denbury Inc.
DEN
| $6.12M | ﹤0.01% |
62,400
-18,900
| -23% | -$1.71M |
|
3193
CALL
Papa John's
PZZA
$765M
| $6.11M | ﹤0.01% |
89,500
-121,700
| -58% | -$9.41M |
|
3194
Best Buy
BBY
$17.6B
| $6.1M | ﹤0.01% |
87,809
-16,199
| -16% | -$1.25M |
|
3195
PUT
Jones Lang LaSalle
JLL
$17.4B
| $6.1M | ﹤0.01% |
43,200
+11,900
| +38% | +$1.94M |
|
3196
ProShares Investment Grade-Interest Rate Hedged
IGHG
$343M
| $6.09M | ﹤0.01% |
82,306
-64,345
| -44% | -$4.72M |
|
3197
PUT
Tanger
SKT
$4.33B
| $6.09M | ﹤0.01% |
269,400
+700
| +0.3% | +$16.3K |
|
3198
PUT
Vanguard Morningstar Value ETF
VTV
$193B
| $6.08M | ﹤0.01% |
44,100
-9,000
| -17% | -$1.29M |
|
3199
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $6.08M | ﹤0.01% |
+92,703
| New | +$6.18M |
|
3200
CALL
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $6.07M | ﹤0.01% |
241,500
+61,700
| +34% | +$1.44M |
|
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.