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 | |
|---|---|---|---|---|---|---|
3251
Henry Schein
HSIC
$10.1B
| $5.87M | ﹤0.01% |
79,078
+13,885
| +21% | +$1.07M |
|
3252
Nasdaq
NDAQ
$55.5B
| $5.86M | ﹤0.01% |
120,658
+21,232
| +21% | +$1.08M |
|
3253
CALL
FerroAtlántica
GSM
$757M
| $5.86M | ﹤0.01% |
1,126,400
+506,800
| +82% | +$2.63M |
|
3254
PUT
Morningstar
MORN
$8.21B
| $5.86M | ﹤0.01% |
25,000
+23,400
| +1,463% | +$5.28M |
|
3255
CALL
Wendy's
WEN
$1.49B
| $5.85M | ﹤0.01% |
286,800
-134,700
| -32% | -$2.81M |
|
3256
PUT
AES
AES
$10.5B
| $5.85M | ﹤0.01% |
384,700
+209,200
| +119% | +$3.98M |
|
3257
CALL
Axos Financial
AX
$5.52B
| $5.84M | ﹤0.01% |
154,300
+100,200
| +185% | +$4.24M |
|
3258
Hertz
HTZ
$727M
| $5.84M | ﹤0.01% |
476,423
+214,463
| +82% | +$3.59M |
|
|
BKDT
3259
DELISTED
Brookdale Senior Living Inc. 7.00% Tangible Equity Units
BKDT
| $5.83M | ﹤0.01% |
100,000
| – | – |
|
3260
Stellantis
STLA
$19.9B
| $5.83M | ﹤0.01% |
304,634
+203,054
| +200% | +$3.8M |
|
|
ETNB
3261
CALL
DELISTED
89bio
ETNB
| $5.83M | ﹤0.01% |
377,400
+314,400
| +499% | +$5.28M |
|
3262
First Trust Enhanced Short Maturity ETF
FTSM
$6.53B
| $5.82M | ﹤0.01% |
97,962
-56,047
| -36% | -$3.34M |
|
3263
Lennox International
LII
$13.5B
| $5.82M | ﹤0.01% |
15,540
+8,485
| +120% | +$3.06M |
|
3264
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $5.82M | ﹤0.01% |
+76,566
| New | +$5.96M |
|
3265
CALL
ProShares Ultra Semiconductors
USD
$2.78B
| $5.82M | ﹤0.01% |
604,000
+3,200
| +0.5% | +$33.9K |
|
3266
CALL
First Trust NASDAQ Cybersecurity ETF
CIBR
$16B
| $5.79M | ﹤0.01% |
127,500
-30,800
| -19% | -$1.41M |
|
3267
CALL
Gen Digital
GEN
$18.3B
| $5.79M | ﹤0.01% |
327,500
-218,200
| -40% | -$4.26M |
|
3268
PUT
Snap-on
SNA
$20.5B
| $5.79M | ﹤0.01% |
22,700
+7,600
| +50% | +$2.05M |
|
3269
CALL
Teradata
TDC
$2.66B
| $5.79M | ﹤0.01% |
128,600
-15,100
| -11% | -$739K |
|
3270
PUT
Biohaven
BHVN
$2.43B
| $5.78M | ﹤0.01% |
222,400
-118,500
| -35% | -$2.46M |
|
3271
PUT
Invitation Homes
INVH
$17.4B
| $5.78M | ﹤0.01% |
182,500
+115,100
| +171% | +$3.95M |
|
3272
JPMorgan US Quality Factor ETF
JQUA
$8.74B
| $5.77M | ﹤0.01% |
133,294
+85,104
| +177% | +$3.8M |
|
3273
CALL
Rapid7
RPD
$910M
| $5.76M | ﹤0.01% |
125,800
-88,400
| -41% | -$4.08M |
|
3274
CALL
Nordic American Tanker
NAT
$1.43B
| $5.76M | ﹤0.01% |
1,397,500
+395,700
| +39% | +$1.58M |
|
3275
PUT
Acuity Brands
AYI
$10.2B
| $5.76M | ﹤0.01% |
33,800
-10,500
| -24% | -$1.71M |
|
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.