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 | |
|---|---|---|---|---|---|---|
476
PUT
PNC Financial Services
PNC
$97B
| $138M | 0.03% |
1,126,500
+303,400
| +37% | +$38.2M |
|
477
Goldman Sachs
GS
$303B
| $138M | 0.03% |
427,068
-258,075
| -38% | -$86.2M |
|
|
478
iShares MSCI EAFE ETF
EFA
$80B
| $138M | 0.03% |
2,004,893
-8,905,244
| -82% | -$638M |
|
479
CALL
Shell
SHEL
$257B
| $138M | 0.03% |
2,144,800
-144,400
| -6% | -$8.99M |
|
480
PUT
Trade Desk
TTD
$6.19B
| $138M | 0.03% |
1,760,900
-505,000
| -22% | -$40.8M |
|
481
CALL
Okta
OKTA
$23.5B
| $138M | 0.03% |
1,687,600
+880,700
| +109% | +$66.8M |
|
|
482
CALL
PNC Financial Services
PNC
$97B
| $137M | 0.03% |
1,115,600
+15,700
| +1% | +$1.98M |
|
483
PUT
Williams-Sonoma
WSM
$28B
| $137M | 0.03% |
1,757,000
+271,000
| +18% | +$18.7M |
|
484
CALL
Boston Scientific
BSX
$73B
| $136M | 0.03% |
2,584,800
+1,743,200
| +207% | +$91.4M |
|
485
NextEra Energy
NEE
$174B
| $136M | 0.03% |
2,366,538
+1,511,858
| +177% | +$105M |
|
486
Costco
COST
$420B
| $135M | 0.03% |
239,724
-77,530
| -24% | -$42.8M |
|
487
CALL
Dollar General
DG
$27.2B
| $135M | 0.03% |
1,279,300
+526,000
| +70% | +$78.4M |
|
488
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$121M
| $135M | 0.03% |
4,413,600
-484,200
| -10% | -$14.1M |
|
|
B
489
CALL
Barrick Mining
B
$78.3B
| $135M | 0.03% |
9,253,600
+1,200,800
| +15% | +$19.7M |
|
490
Uber
UBER
$161B
| $134M | 0.03% |
2,924,485
+2,500,785
| +590% | +$114M |
|
|
B
491
Barrick Mining
B
$78.3B
| $134M | 0.03% |
9,236,866
+31,630
| +0.3% | +$518K |
|
492
PUT
Linde
LIN
$225B
| $134M | 0.03% |
360,700
+84,900
| +31% | +$32.3M |
|
493
PUT
Monolithic Power Systems
MPWR
$64.7B
| $134M | 0.03% |
289,100
+179,200
| +163% | +$91.7M |
|
494
CALL
United Airlines
UAL
$36.7B
| $133M | 0.03% |
3,146,100
-468,300
| -13% | -$23.7M |
|
495
PUT
Sea Limited
SE
$72B
| $132M | 0.03% |
3,007,500
+1,246,900
| +71% | +$61M |
|
|
496
PUT
Boston Scientific
BSX
$73B
| $131M | 0.03% |
2,483,900
+1,120,100
| +82% | +$58.7M |
|
497
PepsiCo
PEP
$196B
| $131M | 0.03% |
773,233
-307,005
| -28% | -$55.8M |
|
498
CALL
Cheniere Energy
LNG
$57.3B
| $131M | 0.03% |
788,800
+150,100
| +24% | +$24.2M |
|
499
Qualcomm
QCOM
$169B
| $131M | 0.03% |
1,175,957
+237,856
| +25% | +$27.6M |
|
500
PUT
Cameco
CCJ
$44.6B
| $130M | 0.03% |
3,282,000
-772,800
| -19% | -$27.3M |
|
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.