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 | |
|---|---|---|---|---|---|---|
426
CALL
DraftKings
DKNG
$13B
| $161M | 0.03% |
5,467,300
+2,179,500
| +66% | +$64.4M |
|
427
PUT
Bristol-Myers Squibb
BMY
$137B
| $161M | 0.03% |
2,770,100
+904,900
| +49% | +$55.4M |
|
428
CALL
MetLife
MET
$60B
| $160M | 0.03% |
2,547,300
+720,000
| +39% | +$44.8M |
|
|
SPLK
429
PUT
DELISTED
Splunk Inc
SPLK
| $160M | 0.03% |
1,094,800
+431,000
| +65% | +$48.8M |
|
430
Verizon
VZ
$205B
| $160M | 0.03% |
4,938,499
-370,557
| -7% | -$12.5M |
|
431
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $159M | 0.03% |
1,558,100
-1,052,400
| -40% | -$111M |
|
432
Home Depot
HD
$335B
| $158M | 0.03% |
524,493
-107,450
| -17% | -$34.6M |
|
433
PUT
Intuitive Surgical
ISRG
$134B
| $158M | 0.03% |
541,000
+54,500
| +11% | +$17M |
|
434
PUT
United Airlines
UAL
$36.7B
| $158M | 0.03% |
3,735,200
-1,800,100
| -33% | -$91M |
|
435
CALL
Monolithic Power Systems
MPWR
$64.7B
| $156M | 0.03% |
337,800
+230,600
| +215% | +$118M |
|
436
Merck
MRK
$376B
| $155M | 0.03% |
1,509,485
+79,153
| +6% | +$8.53M |
|
437
PUT
Blackrock
BLK
$179B
| $155M | 0.03% |
240,300
+6,700
| +3% | +$4.68M |
|
438
PUT
Rivian
RIVN
$24.6B
| $155M | 0.03% |
6,394,600
+362,200
| +6% | +$8.46M |
|
439
CALL
Automatic Data Processing
ADP
$112B
| $155M | 0.03% |
644,000
+97,500
| +18% | +$23.8M |
|
440
CALL
ON Semiconductor
ON
$28.9B
| $155M | 0.03% |
1,666,500
+517,400
| +45% | +$50.3M |
|
441
PUT
Roku
ROKU
$23.4B
| $154M | 0.03% |
2,188,600
-271,300
| -11% | -$21M |
|
442
CALL
Hilton Worldwide
HLT
$73.5B
| $154M | 0.03% |
1,028,700
+114,800
| +13% | +$17.3M |
|
443
PUT
Take-Two Interactive
TTWO
$44.8B
| $154M | 0.03% |
1,098,200
+216,300
| +25% | +$31.1M |
|
444
PUT
Vale
VALE
$62.1B
| $154M | 0.03% |
11,458,500
+3,813,800
| +50% | +$51.9M |
|
445
Mastercard
MA
$509B
| $153M | 0.03% |
387,612
+97,442
| +34% | +$39.1M |
|
446
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $153M | 0.03% |
378,656
-41,916
| -10% | -$17.5M |
|
447
PUT
Accenture
ACN
$113B
| $153M | 0.03% |
497,500
-79,400
| -14% | -$25M |
|
448
CALL
S&P Global
SPGI
$127B
| $152M | 0.03% |
416,800
+116,900
| +39% | +$46M |
|
449
PUT
Palantir
PLTR
$432B
| $152M | 0.03% |
9,503,200
-1,188,600
| -11% | -$18.9M |
|
|
EXE
450
CALL
Expand Energy Corp
EXE
$22.2B
| $151M | 0.03% |
1,748,700
+342,700
| +24% | +$29.1M |
|
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.