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 | |
|---|---|---|---|---|---|---|
3701
Immunovant
IMVT
$8.51B
| $4.47M | ﹤0.01% |
116,336
+98,521
| +553% | +$2.23M |
|
3702
Acadia Healthcare
ACHC
$2.66B
| $4.47M | ﹤0.01% |
63,513
+21,716
| +52% | +$1.62M |
|
3703
Grab
GRAB
$14.8B
| $4.47M | ﹤0.01% |
1,261,416
+80,695
| +7% | +$288K |
|
3704
CALL
Innoviz Technologies
INVZ
$104M
| $4.46M | ﹤0.01% |
2,287,900
+1,729,700
| +310% | +$4.65M |
|
3705
CALL
Emcor
EME
$32.6B
| $4.46M | ﹤0.01% |
21,200
+4,600
| +28% | +$962K |
|
|
BLD
3706
PUT
DELISTED
TopBuild
BLD
| $4.45M | ﹤0.01% |
17,700
+10,200
| +136% | +$2.81M |
|
3707
CALL
Progyny
PGNY
$1.99B
| $4.45M | ﹤0.01% |
130,800
+69,600
| +114% | +$2.63M |
|
3708
CALL
Allegion
ALLE
$13.4B
| $4.45M | ﹤0.01% |
+42,700
| New | +$4.81M |
|
3709
PUT
Ardmore Shipping
ASC
$709M
| $4.45M | ﹤0.01% |
341,800
+189,000
| +124% | +$2.43M |
|
3710
PUT
Invesco Mortgage Capital
IVR
$792M
| $4.45M | ﹤0.01% |
444,100
-90,200
| -17% | -$997K |
|
3711
PUT
iShares MBS ETF
MBB
$39B
| $4.44M | ﹤0.01% |
50,000
+7,900
| +19% | +$722K |
|
3712
iShares Treasury Floating Rate Bond ETF
TFLO
$6.68B
| $4.44M | ﹤0.01% |
+87,424
| New | +$4.42M |
|
|
AD
3713
PUT
Array Digital Infrastructure
AD
$3.11B
| $4.43M | ﹤0.01% |
+103,200
| New | +$3.34M |
|
|
FAZ
3714
Direxion Daily Financial Bear 3x ETF
FAZ
$88.2M
| $4.43M | ﹤0.01% |
22,156
+17,757
| +404% | +$3.19M |
|
|
VMRK
3715
CALL
Vivmark Residential
VMRK
$26.1B
| $4.43M | ﹤0.01% |
75,400
+15,600
| +26% | +$1.01M |
|
3716
Enovix
ENVX
$737M
| $4.42M | ﹤0.01% |
402,859
+122,312
| +44% | +$1.75M |
|
3717
CALL
ICICI Bank
IBN
$107B
| $4.42M | ﹤0.01% |
191,300
+31,500
| +20% | +$741K |
|
3718
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $4.42M | ﹤0.01% |
+84,936
| New | +$4.66M |
|
3719
Sprott Physical Gold and Silver Trust
CEF
$7.99B
| $4.41M | ﹤0.01% |
+254,691
| New | +$4.63M |
|
3720
Baytex Energy
BTE
$3.31B
| $4.41M | ﹤0.01% |
999,731
-158,648
| -14% | -$623K |
|
|
NARI
3721
CALL
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $4.41M | ﹤0.01% |
67,400
-6,300
| -9% | -$396K |
|
3722
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $4.41M | ﹤0.01% |
83,928
+75,091
| +850% | +$4.1M |
|
3723
CALL
Applied Optoelectronics
AAOI
$9.02B
| $4.4M | ﹤0.01% |
401,500
+329,600
| +458% | +$3.5M |
|
3724
Lamar Advertising Co
LAMR
$15.3B
| $4.4M | ﹤0.01% |
52,727
+42,603
| +421% | +$3.91M |
|
3725
CALL
Energizer
ENR
$1.53B
| $4.4M | ﹤0.01% |
137,200
+55,000
| +67% | +$1.88M |
|
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.