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 | |
|---|---|---|---|---|---|---|
3226
CRH
CRH
$63.6B
| $5.94M | ﹤0.01% |
108,473
+92,125
| +564% | +$5.24M |
|
3227
Mercado Libre
MELI
$97.9B
| $5.92M | ﹤0.01% |
4,673
-68,795
| -94% | -$87.5M |
|
3228
PUT
Clean Harbors
CLH
$16.5B
| $5.92M | ﹤0.01% |
35,400
+20,900
| +144% | +$3.52M |
|
|
HDV
3229
CALL
iShares Core High Dividend ETF
HDV
$15.2B
| $5.92M | ﹤0.01% |
299,500
-248,500
| -45% | -$5.09M |
|
3230
CALL
Global X Silver Miners ETF NEW
SIL
$5.59B
| $5.92M | ﹤0.01% |
247,800
+74,800
| +43% | +$1.94M |
|
|
SAND
3231
DELISTED
Sandstorm Gold
SAND
| $5.92M | ﹤0.01% |
1,270,682
+135,333
| +12% | +$711K |
|
3232
CALL
First Majestic Silver
AG
$10.7B
| $5.92M | ﹤0.01% |
1,154,200
+317,900
| +38% | +$1.89M |
|
3233
Stanley Black & Decker
SWK
$15B
| $5.92M | ﹤0.01% |
70,821
+18,536
| +35% | +$1.72M |
|
3234
PUT
Macerich
MAC
$6.78B
| $5.92M | ﹤0.01% |
542,500
+200
| +0% | +$2.39K |
|
3235
PUT
Rollins
ROL
$17.3B
| $5.91M | ﹤0.01% |
158,400
+145,700
| +1,147% | +$5.89M |
|
3236
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$744M
| $5.91M | ﹤0.01% |
87,825
+34,950
| +66% | +$2.75M |
|
3237
PUT
UGI
UGI
$8.2B
| $5.91M | ﹤0.01% |
256,900
+164,800
| +179% | +$4.09M |
|
3238
CALL
Immunocore
IMCR
$1.89B
| $5.91M | ﹤0.01% |
113,800
-75,600
| -40% | -$4.47M |
|
3239
LKQ Corp
LKQ
$6.42B
| $5.91M | ﹤0.01% |
119,282
+4,919
| +4% | +$263K |
|
3240
PUT
Starwood Property Trust
STWD
$5.9B
| $5.9M | ﹤0.01% |
305,000
-213,800
| -41% | -$4.34M |
|
3241
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.26B
| $5.89M | ﹤0.01% |
263
-69
| -21% | -$1.39M |
|
3242
CALL
Western Union
WU
$2.25B
| $5.89M | ﹤0.01% |
447,100
-48,800
| -10% | -$598K |
|
3243
Wintrust Financial
WTFC
$10.3B
| $5.89M | ﹤0.01% |
78,032
-4,341
| -5% | -$342K |
|
3244
Churchill Downs
CHDN
$6.03B
| $5.89M | ﹤0.01% |
50,740
+18,533
| +58% | +$2.29M |
|
3245
CALL
Schwab US Large- Cap ETF
SCHX
$74.5B
| $5.88M | ﹤0.01% |
348,900
-44,700
| -11% | -$784K |
|
3246
PUT
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $5.88M | ﹤0.01% |
106,000
-98,900
| -48% | -$5.91M |
|
|
ETNB
3247
DELISTED
89bio
ETNB
| $5.88M | ﹤0.01% |
381,067
+133,271
| +54% | +$2.24M |
|
3248
PUT
Vanguard Morningstar Growth ETF
VUG
$229B
| $5.88M | ﹤0.01% |
129,600
-67,200
| -34% | -$3.17M |
|
3249
PUT
RenaissanceRe
RNR
$13.7B
| $5.88M | ﹤0.01% |
29,700
-4,800
| -14% | -$923K |
|
3250
CALL
Ciena
CIEN
$56.6B
| $5.87M | ﹤0.01% |
124,300
+62,000
| +100% | +$2.73M |
|
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.