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 | Technology | 2.36% |
| 2 | Consumer Discretionary | 1.65% |
| 3 | Financials | 1.08% |
| 4 | Healthcare | 0.89% |
| 5 | Communication Services | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Pfizer
PFE
$160B
| $229M | 0.05% |
6,900,126
+2,469,709
| +56% | +$87.3M |
|
302
PUT
KLA
KLAC
$240B
| $228M | 0.05% |
4,967,000
+1,102,000
| +29% | +$52.9M |
|
303
PUT
DraftKings
DKNG
$13B
| $227M | 0.05% |
7,712,600
+3,033,800
| +65% | +$89.6M |
|
304
CALL
Blackrock
BLK
$179B
| $227M | 0.05% |
350,800
+35,600
| +11% | +$24.9M |
|
305
CALL
EOG Resources
EOG
$80.3B
| $226M | 0.05% |
1,783,600
+104,000
| +6% | +$13.2M |
|
306
CALL
O'Reilly Automotive
ORLY
$72.1B
| $225M | 0.05% |
3,718,500
+2,089,500
| +128% | +$131M |
|
|
307
CALL
KLA
KLAC
$240B
| $224M | 0.05% |
4,892,000
+1,744,000
| +55% | +$83.6M |
|
308
PUT
Procter & Gamble
PG
$336B
| $224M | 0.05% |
1,538,000
-21,900
| -1% | -$3.35M |
|
309
CALL
American Tower
AMT
$81.9B
| $224M | 0.05% |
1,362,100
+822,700
| +153% | +$150M |
|
310
CALL
Analog Devices
ADI
$182B
| $223M | 0.05% |
1,274,200
+354,900
| +39% | +$65.4M |
|
311
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $223M | 0.05% |
2,197,800
-258,600
| -11% | -$27.7M |
|
|
VMW
312
PUT
DELISTED
VMware, Inc
VMW
| $222M | 0.05% |
1,333,500
+2,200
| +0.2% | +$352K |
|
313
PUT
ARK Innovation ETF
ARKK
$6.72B
| $221M | 0.05% |
5,576,500
+1,059,900
| +23% | +$46.7M |
|
314
PUT
United Rentals
URI
$68.4B
| $220M | 0.05% |
494,500
+83,600
| +20% | +$38.3M |
|
315
CALL
Danaher
DHR
$154B
| $220M | 0.05% |
998,054
+342,912
| +52% | +$76.5M |
|
316
CALL
Enphase Energy
ENPH
$5.1B
| $219M | 0.05% |
1,824,400
+288,900
| +19% | +$41.2M |
|
317
CALL
Energy Transfer Partners
ET
$73B
| $219M | 0.05% |
15,615,200
+2,142,200
| +16% | +$28.4M |
|
318
CALL
AMC Entertainment Holdings
AMC
$2.28B
| $218M | 0.05% |
27,333,600
+24,662,130
| +923% | +$731M |
|
319
CALL
Northrop Grumman
NOC
$78.3B
| $217M | 0.05% |
492,800
-20,700
| -4% | -$9.09M |
|
320
PUT
iShares MSCI Canada ETF
EWC
$6.6B
| $217M | 0.05% |
6,482,200
-311,400
| -5% | -$10.8M |
|
321
PUT
Union Pacific
UNP
$183B
| $216M | 0.05% |
1,062,600
+352,200
| +50% | +$76.7M |
|
322
PUT
Ford
F
$57.5B
| $216M | 0.05% |
17,400,500
+4,954,500
| +40% | +$64.3M |
|
323
CALL
Celsius Holdings
CELH
$8.44B
| $216M | 0.04% |
3,774,600
+643,200
| +21% | +$36.2M |
|
324
PUT
Marathon Petroleum
MPC
$101B
| $214M | 0.04% |
1,413,900
+609,800
| +76% | +$85M |
|
325
CALL
Philip Morris
PM
$293B
| $214M | 0.04% |
2,306,400
+642,100
| +39% | +$61.8M |
|
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 Technology at 2.4% of assets, down from 2.7% a quarter earlier, followed by Consumer Discretionary and Financials.
- 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.