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 | |
|---|---|---|---|---|---|---|
3326
Terreno Realty
TRNO
$7.31B
| $5.53M | ﹤0.01% |
97,384
+35,209
| +57% | +$2.1M |
|
3327
Advanced Energy
AEIS
$11.5B
| $5.53M | ﹤0.01% |
53,590
+38,596
| +257% | +$4.32M |
|
|
NRGD
3328
DELISTED
MicroSectors US Big Oil -3x Inverse Leveraged ETN
NRGD
| $5.52M | ﹤0.01% |
26,416
+13,227
| +100% | +$3.26M |
|
|
PPLI
3329
People Inc
PPLI
$2.93B
| $5.52M | ﹤0.01% |
133,615
-72,185
| -35% | -$3.5M |
|
3330
PUT
ProShares UltraPro Russell2000
URTY
$339M
| $5.52M | ﹤0.01% |
163,200
-154,600
| -49% | -$6.37M |
|
3331
Choice Hotels
CHH
$4.89B
| $5.52M | ﹤0.01% |
45,042
+36,501
| +427% | +$4.59M |
|
3332
Perion Network
PERI
$378M
| $5.51M | ﹤0.01% |
179,841
+45,495
| +34% | +$1.53M |
|
3333
PUT
FIVE9
FIVN
$2.58B
| $5.5M | ﹤0.01% |
85,600
+17,700
| +26% | +$1.32M |
|
3334
PUT
WEX
WEX
$6.76B
| $5.49M | ﹤0.01% |
29,200
+26,600
| +1,023% | +$5.14M |
|
3335
PUT
Repligen
RGEN
$10.3B
| $5.49M | ﹤0.01% |
34,500
-39,600
| -53% | -$6.47M |
|
3336
Patterson-UTI
PTEN
$4.68B
| $5.48M | ﹤0.01% |
396,215
+45,932
| +13% | +$672K |
|
3337
PUT
Bankunited
BKU
$3.32B
| $5.48M | ﹤0.01% |
241,300
-108,000
| -31% | -$2.77M |
|
3338
CALL
Onto Innovation
ONTO
$17.9B
| $5.47M | ﹤0.01% |
42,900
+23,900
| +126% | +$2.84M |
|
3339
United Microelectronic
UMC
$47.8B
| $5.45M | ﹤0.01% |
772,575
+97,855
| +15% | +$709K |
|
3340
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
| $5.45M | ﹤0.01% |
58,061
+47,227
| +436% | +$4.63M |
|
3341
Arcus Biosciences
RCUS
$3.9B
| $5.45M | ﹤0.01% |
303,642
-73,830
| -20% | -$1.48M |
|
3342
Capri Holdings
CPRI
$1.5B
| $5.45M | ﹤0.01% |
103,502
+58,480
| +130% | +$2.65M |
|
3343
CALL
Guidewire Software
GWRE
$16.7B
| $5.45M | ﹤0.01% |
60,500
-4,400
| -7% | -$367K |
|
3344
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.65B
| $5.44M | ﹤0.01% |
102,053
+17,181
| +20% | +$943K |
|
3345
PUT
Replimune Group
REPL
$1.47B
| $5.44M | ﹤0.01% |
318,200
+157,500
| +98% | +$3.09M |
|
3346
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
| $5.44M | ﹤0.01% |
76,000
+29,400
| +63% | +$2.22M |
|
3347
CALL
Levi Strauss
LEVI
$8.1B
| $5.44M | ﹤0.01% |
400,700
-706,500
| -64% | -$9.88M |
|
3348
Apple Hospitality REIT
APLE
$3.88B
| $5.43M | ﹤0.01% |
353,957
+82,877
| +31% | +$1.27M |
|
3349
HighPeak Energy
HPK
$1.01B
| $5.43M | ﹤0.01% |
321,592
+240,329
| +296% | +$3.49M |
|
3350
CALL
NewMarket
NEU
$8.49B
| $5.41M | ﹤0.01% |
11,900
+10,500
| +750% | +$4.74M |
|
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.