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 | |
|---|---|---|---|---|---|---|
4926
PUT
Criteo S.A.
CRTO
$855M
| $2.17M | ﹤0.01% |
74,300
+57,600
| +345% | +$1.77M |
|
4927
CALL
Ardmore Shipping
ASC
$709M
| $2.17M | ﹤0.01% |
166,700
+48,300
| +41% | +$622K |
|
4928
CALL
JFrog
FROG
$12.2B
| $2.17M | ﹤0.01% |
85,400
-55,900
| -40% | -$1.55M |
|
|
PBT
4929
CALL
Permian Basin Royalty Trust
PBT
$1.58B
| $2.17M | ﹤0.01% |
101,900
+56,000
| +122% | +$1.27M |
|
4930
Woodward
WWD
$20.2B
| $2.16M | ﹤0.01% |
17,391
+10,000
| +135% | +$1.25M |
|
4931
PUT
Direxion Daily Real Estate Bear 3X ETF
DRV
$26.8M
| $2.16M | ﹤0.01% |
35,800
-30,900
| -46% | -$1.5M |
|
4932
Sonic Automotive
SAH
$2.52B
| $2.15M | ﹤0.01% |
45,097
-20,078
| -31% | -$1.02M |
|
4933
CALL
Telus
TU
$15.2B
| $2.15M | ﹤0.01% |
131,800
+108,900
| +476% | +$1.92M |
|
4934
CALL
Mercer International
MERC
$25.9M
| $2.15M | ﹤0.01% |
250,900
+176,300
| +236% | +$1.52M |
|
|
AY
4935
CALL
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.15M | ﹤0.01% |
112,700
-28,100
| -20% | -$636K |
|
4936
CALL
ZipRecruiter
ZIP
$363M
| $2.15M | ﹤0.01% |
179,500
-163,100
| -48% | -$2.66M |
|
4937
Upwork
UPWK
$1.13B
| $2.15M | ﹤0.01% |
189,371
+107,192
| +130% | +$1.33M |
|
4938
PUT
Applied Optoelectronics
AAOI
$9.02B
| $2.15M | ﹤0.01% |
196,000
+184,500
| +1,604% | +$1.96M |
|
4939
Phillips Edison & Co
PECO
$5.03B
| $2.15M | ﹤0.01% |
64,057
-29,078
| -31% | -$1.01M |
|
4940
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $2.15M | ﹤0.01% |
26,500
-18,400
| -41% | -$1.49M |
|
4941
Aemetis
AMTX
$134M
| $2.14M | ﹤0.01% |
516,791
+82,844
| +19% | +$507K |
|
4942
CALL
Alkermes
ALKS
$7.95B
| $2.14M | ﹤0.01% |
76,500
-174,900
| -70% | -$5.13M |
|
4943
CALL
Booz Allen Hamilton
BAH
$9.05B
| $2.14M | ﹤0.01% |
19,600
-15,300
| -44% | -$1.76M |
|
4944
PUT
ARK Web x.0 ETF
ARKW
$1.83B
| $2.14M | ﹤0.01% |
39,500
-52,200
| -57% | -$3.09M |
|
|
SQSP
4945
PUT
DELISTED
Squarespace, Inc.
SQSP
| $2.14M | ﹤0.01% |
73,800
+18,600
| +34% | +$571K |
|
4946
BILL Holdings
BILL
$5.01B
| $2.14M | ﹤0.01% |
19,674
-133,686
| -87% | -$15.2M |
|
4947
PUT
Sylvamo
SLVM
$1.45B
| $2.14M | ﹤0.01% |
48,600
+100
| +0.2% | +$4.3K |
|
4948
PUT
Hims & Hers Health
HIMS
$6.73B
| $2.14M | ﹤0.01% |
339,500
+98,500
| +41% | +$733K |
|
4949
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.1M
| $2.14M | ﹤0.01% |
18,167
-29,459
| -62% | -$3.59M |
|
4950
PUT
Aurinia Pharmaceuticals
AUPH
$2.17B
| $2.13M | ﹤0.01% |
274,700
-353,600
| -56% | -$3.46M |
|
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.