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 | |
|---|---|---|---|---|---|---|
3801
PUT
ICICI Bank
IBN
$107B
| $4.18M | ﹤0.01% |
180,800
+6,400
| +4% | +$151K |
|
3802
CALL
Sylvamo
SLVM
$1.45B
| $4.18M | ﹤0.01% |
95,100
+26,500
| +39% | +$1.14M |
|
3803
CALL
Insight Enterprises
NSIT
$4.57B
| $4.18M | ﹤0.01% |
28,700
+25,900
| +925% | +$3.86M |
|
3804
PUT
Blue Owl Capital
OWL
$8.22B
| $4.18M | ﹤0.01% |
322,200
+25,900
| +9% | +$309K |
|
3805
PUT
Ardelyx
ARDX
$984M
| $4.17M | ﹤0.01% |
1,022,100
+168,800
| +20% | +$658K |
|
3806
PUT
SandRidge Energy
SD
$518M
| $4.17M | ﹤0.01% |
266,100
-84,100
| -24% | -$1.35M |
|
3807
CALL
Old Republic International
ORI
$10.2B
| $4.16M | ﹤0.01% |
154,500
+16,000
| +12% | +$432K |
|
|
XIFR
3808
XPLR Infrastructure LP
XIFR
$1.11B
| $4.16M | ﹤0.01% |
+140,100
| New | +$7.1M |
|
3809
BorgWarner
BWA
$13.1B
| $4.16M | ﹤0.01% |
103,054
-28,510
| -22% | -$1.21M |
|
3810
Hecla Mining
HL
$13.7B
| $4.16M | ﹤0.01% |
1,063,582
-591,955
| -36% | -$2.84M |
|
3811
PUT
Warner Music
WMG
$14.7B
| $4.16M | ﹤0.01% |
132,400
+17,700
| +15% | +$555K |
|
3812
CALL
Matsons
MATX
$6.71B
| $4.15M | ﹤0.01% |
46,800
+11,800
| +34% | +$1.03M |
|
3813
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$811M
| $4.15M | ﹤0.01% |
78,900
+6,400
| +9% | +$361K |
|
3814
CALL
Vanguard World Funds Extended Duration ETF
EDV
$3.52B
| $4.15M | ﹤0.01% |
59,200
-20,700
| -26% | -$1.63M |
|
3815
CALL
Principal Financial Group
PFG
$23.9B
| $4.14M | ﹤0.01% |
57,500
+7,600
| +15% | +$590K |
|
3816
Dimensional US Core Equity Market ETF
DFAU
$12.8B
| $4.14M | ﹤0.01% |
138,330
+104,064
| +304% | +$3.24M |
|
3817
CALL
Vipshop
VIPS
$6.42B
| $4.14M | ﹤0.01% |
258,600
-79,700
| -24% | -$1.29M |
|
3818
AerSale
ASLE
$269M
| $4.14M | ﹤0.01% |
277,065
+136,881
| +98% | +$1.97M |
|
|
ABCM
3819
CALL
DELISTED
Abcam PLC
ABCM
| $4.14M | ﹤0.01% |
182,900
+128,400
| +236% | +$2.95M |
|
3820
Fidelity MSCI Information Technology Index ETF
FTEC
$21.1B
| $4.14M | ﹤0.01% |
33,645
+20,772
| +161% | +$2.67M |
|
3821
Group 1 Automotive
GPI
$3.15B
| $4.14M | ﹤0.01% |
15,390
+785
| +5% | +$206K |
|
3822
CALL
iShares Russell Mid-Cap ETF
IWR
$57.1B
| $4.13M | ﹤0.01% |
59,700
-108,900
| -65% | -$7.94M |
|
3823
PUT
Lamar Advertising Co
LAMR
$15.3B
| $4.13M | ﹤0.01% |
49,500
-1,700
| -3% | -$156K |
|
3824
CALL
Everest Group
EG
$14.5B
| $4.13M | ﹤0.01% |
11,100
-4,400
| -28% | -$1.6M |
|
3825
CALL
CONMED
CNMD
$1.5B
| $4.12M | ﹤0.01% |
40,900
+2,100
| +5% | +$241K |
|
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.