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 | |
|---|---|---|---|---|---|---|
326
Coca-Cola
KO
$392B
| $213M | 0.04% |
3,804,646
+1,805,391
| +90% | +$108M |
|
327
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $213M | 0.04% |
7,219,600
+1,305,000
| +22% | +$42.1M |
|
328
Chevron
CVX
$403B
| $211M | 0.04% |
1,250,684
-411,236
| -25% | -$66.4M |
|
329
CALL
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $210M | 0.04% |
7,679,200
-269,400
| -3% | -$7.66M |
|
|
SCHW
330
CALL
Charles Schwab
SCHW
$194B
| $210M | 0.04% |
3,816,600
-203,600
| -5% | -$12.3M |
|
331
CALL
Trade Desk
TTD
$6.19B
| $209M | 0.04% |
2,677,300
+295,100
| +12% | +$23.9M |
|
332
CALL
ProShares UltraPro Short QQQ
SQQQ
$2.07B
| $209M | 0.04% |
408,360
+111,388
| +38% | +$52.2M |
|
333
CALL
Baidu
BIDU
$31.6B
| $207M | 0.04% |
1,540,000
-220,200
| -13% | -$30.9M |
|
334
PUT
Petrobras
PBR
$123B
| $207M | 0.04% |
13,797,300
+3,719,100
| +37% | +$52.9M |
|
335
Wynn Resorts
WYNN
$10.3B
| $206M | 0.04% |
2,226,153
-127,359
| -5% | -$12.8M |
|
|
ATVI
336
CALL
DELISTED
Activision Blizzard
ATVI
| $205M | 0.04% |
2,190,600
-1,997,900
| -48% | -$182M |
|
|
XYZ
337
PUT
Block Inc
XYZ
$49.4B
| $205M | 0.04% |
4,627,100
+172,800
| +4% | +$10.7M |
|
|
ATVI
338
PUT
DELISTED
Activision Blizzard
ATVI
| $205M | 0.04% |
2,186,400
-1,632,900
| -43% | -$149M |
|
339
PUT
iShares US Home Construction ETF
ITB
$2.27B
| $203M | 0.04% |
2,588,400
-57,500
| -2% | -$4.88M |
|
340
PUT
3M
MMM
$92.3B
| $203M | 0.04% |
2,594,842
-94,244
| -4% | -$8.09M |
|
341
CALL
Sea Limited
SE
$72B
| $203M | 0.04% |
4,610,700
+2,520,500
| +121% | +$123M |
|
342
PUT
GE Aerospace
GE
$361B
| $202M | 0.04% |
2,289,482
+191,709
| +9% | +$17.2M |
|
343
CALL
Nucor
NUE
$55.3B
| $202M | 0.04% |
1,289,500
-253,400
| -16% | -$41.9M |
|
344
CALL
Agnico Eagle Mines
AEM
$109B
| $202M | 0.04% |
4,435,500
-487,100
| -10% | -$23.9M |
|
345
CALL
Altria Group
MO
$110B
| $201M | 0.04% |
4,775,800
-18,400
| -0.4% | -$813K |
|
346
PUT
Devon Energy
DVN
$54B
| $201M | 0.04% |
4,206,800
+1,278,000
| +44% | +$64.4M |
|
347
PUT
Datadog
DDOG
$84.6B
| $201M | 0.04% |
2,201,500
+439,400
| +25% | +$43.5M |
|
348
CALL
Rio Tinto
RIO
$171B
| $200M | 0.04% |
3,142,200
+278,800
| +10% | +$17.8M |
|
349
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $199M | 0.04% |
577,700
+110,700
| +24% | +$37.4M |
|
350
CALL
Ford
F
$57.5B
| $199M | 0.04% |
16,035,100
-1,914,200
| -11% | -$24.9M |
|
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.