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 | |
|---|---|---|---|---|---|---|
351
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $199M | 0.04% |
506,700
-140,000
| -22% | -$57.2M |
|
|
PXD
352
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $199M | 0.04% |
865,100
+98,800
| +13% | +$22.5M |
|
353
CALL
United Rentals
URI
$68.4B
| $197M | 0.04% |
443,800
-17,600
| -4% | -$8.06M |
|
354
PUT
Texas Instruments
TXN
$241B
| $194M | 0.04% |
1,223,100
-241,500
| -16% | -$41.2M |
|
355
PUT
Merck
MRK
$376B
| $194M | 0.04% |
1,888,100
-268,800
| -12% | -$29M |
|
356
Advanced Micro Devices
AMD
$773B
| $194M | 0.04% |
1,889,701
-2,102,796
| -53% | -$228M |
|
357
CALL
Workday
WDAY
$49.4B
| $194M | 0.04% |
903,800
+268,000
| +42% | +$62.1M |
|
358
CALL
Charter Communications
CHTR
$17.9B
| $194M | 0.04% |
441,400
-84,900
| -16% | -$35.3M |
|
359
PUT
Diamondback Energy
FANG
$59B
| $193M | 0.04% |
1,246,100
+418,900
| +51% | +$61.8M |
|
360
PUT
CVS Health
CVS
$119B
| $193M | 0.04% |
2,758,000
-36,200
| -1% | -$2.56M |
|
361
CALL
Roku
ROKU
$23.4B
| $191M | 0.04% |
2,709,600
+328,200
| +14% | +$25.4M |
|
362
CALL
GE Aerospace
GE
$361B
| $191M | 0.04% |
2,163,555
+327,910
| +18% | +$29.5M |
|
363
CALL
Domino's
DPZ
$11.3B
| $189M | 0.04% |
498,700
+51,300
| +11% | +$19.7M |
|
364
CALL
BP
BP
$115B
| $188M | 0.04% |
4,859,500
-493,200
| -9% | -$18.3M |
|
365
CALL
Medtronic
MDT
$119B
| $188M | 0.04% |
2,399,100
+673,000
| +39% | +$56.3M |
|
366
CALL
Petrobras
PBR
$123B
| $188M | 0.04% |
12,514,700
+2,362,300
| +23% | +$33.6M |
|
367
PUT
Dollar General
DG
$27.2B
| $186M | 0.04% |
1,760,700
+766,100
| +77% | +$114M |
|
368
CALL
Intuitive Surgical
ISRG
$134B
| $186M | 0.04% |
636,300
-106,600
| -14% | -$33.3M |
|
|
SPLK
369
CALL
DELISTED
Splunk Inc
SPLK
| $186M | 0.04% |
1,271,000
+77,000
| +6% | +$8.72M |
|
370
PUT
Spotify
SPOT
$110B
| $186M | 0.04% |
1,201,100
-453,900
| -27% | -$69.1M |
|
371
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20.6B
| $184M | 0.04% |
9,725,700
+503,700
| +5% | +$11.5M |
|
372
Visa
V
$693B
| $183M | 0.04% |
794,195
+310,333
| +64% | +$74.6M |
|
373
Eli Lilly
LLY
$1.12T
| $182M | 0.04% |
339,754
-67,026
| -16% | -$34.5M |
|
374
PUT
Lowe's Companies
LOW
$121B
| $182M | 0.04% |
877,600
-220,700
| -20% | -$49.6M |
|
375
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $182M | 0.04% |
6,190,218
+5,996,502
| +3,096% | +$193M |
|
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.