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 | |
|---|---|---|---|---|---|---|
4376
PUT
Virgin Galactic
SPCE
$446M
| $2.94M | ﹤0.01% |
81,695
-94,475
| -54% | -$5.63M |
|
4377
PUT
iShares Core MSCI EAFE ETF
IEFA
$195B
| $2.94M | ﹤0.01% |
45,700
-10,100
| -18% | -$676K |
|
4378
Kosmos Energy
KOS
$1.64B
| $2.94M | ﹤0.01% |
359,328
-694,776
| -66% | -$4.92M |
|
4379
Arcosa
ACA
$7.13B
| $2.94M | ﹤0.01% |
40,874
-22,950
| -36% | -$1.74M |
|
4380
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $2.94M | ﹤0.01% |
13,478
+9,215
| +216% | +$1.85M |
|
4381
First Trust Materials AlphaDEX Fund
FXZ
$400M
| $2.94M | ﹤0.01% |
46,604
+37,782
| +428% | +$2.46M |
|
4382
Invesco Bloomberg Pricing Power ETF
POWA
$176M
| $2.93M | ﹤0.01% |
+44,784
| New | +$3.06M |
|
4383
CALL
Arrowhead Research
ARWR
$12B
| $2.93M | ﹤0.01% |
109,200
-59,600
| -35% | -$1.83M |
|
|
TDAY
4384
USA Today Co
TDAY
$931M
| $2.93M | ﹤0.01% |
1,196,673
-84,243
| -7% | -$233K |
|
4385
SM Energy
SM
$8.71B
| $2.93M | ﹤0.01% |
73,900
-184,680
| -71% | -$7M |
|
4386
PUT
Vanguard Russell 2000 ETF
VTWO
$17B
| $2.93M | ﹤0.01% |
41,000
+28,000
| +215% | +$2.12M |
|
4387
CALL
Amkor Technology
AMKR
$11.9B
| $2.93M | ﹤0.01% |
129,600
-61,900
| -32% | -$1.63M |
|
4388
PUT
Rayonier Advanced Materials
RYAM
$582M
| $2.93M | ﹤0.01% |
826,500
+395,500
| +92% | +$1.49M |
|
4389
PUT
Metropolitan Bank Holding Corp
MCB
$1.14B
| $2.92M | ﹤0.01% |
80,600
-234,600
| -74% | -$9.59M |
|
4390
Anavex Life Sciences
AVXL
$277M
| $2.92M | ﹤0.01% |
445,913
-187,726
| -30% | -$1.49M |
|
4391
Columbia Banking Systems
COLB
$8.51B
| $2.92M | ﹤0.01% |
143,793
+57,611
| +67% | +$1.2M |
|
4392
PUT
DTE Energy
DTE
$28.3B
| $2.92M | ﹤0.01% |
29,400
-12,500
| -30% | -$1.34M |
|
4393
Nutanix
NTNX
$18.7B
| $2.92M | ﹤0.01% |
83,637
-445,506
| -84% | -$14M |
|
4394
CALL
Regal Rexnord
RRX
$10.5B
| $2.91M | ﹤0.01% |
20,400
-12,000
| -37% | -$1.85M |
|
4395
CALL
Glaukos
GKOS
$10.6B
| $2.91M | ﹤0.01% |
38,700
-15,100
| -28% | -$1.13M |
|
4396
PUT
HF Sinclair
DINO
$17.7B
| $2.91M | ﹤0.01% |
51,100
-21,700
| -30% | -$1.18M |
|
|
OPRA
4397
Opera Ltd
OPRA
$1.74B
| $2.91M | ﹤0.01% |
258,127
+172,046
| +200% | +$2.88M |
|
4398
Duolingo
DUOL
$6.88B
| $2.91M | ﹤0.01% |
17,518
-25,989
| -60% | -$3.82M |
|
4399
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.86B
| $2.91M | ﹤0.01% |
64,514
+7,405
| +13% | +$349K |
|
4400
PUT
Lattice Semiconductor
LSCC
$16.2B
| $2.9M | ﹤0.01% |
33,800
-78,200
| -70% | -$7.06M |
|
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.