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 | |
|---|---|---|---|---|---|---|
601
Roper Technologies
ROP
$40.7B
| $104M | 0.02% |
214,610
+187,112
| +680% | +$91.7M |
|
602
PUT
Newmont
NEM
$139B
| $104M | 0.02% |
2,812,200
-758,900
| -21% | -$30.9M |
|
603
CALL
CME Group
CME
$98.9B
| $104M | 0.02% |
518,600
+94,500
| +22% | +$18.8M |
|
604
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$396M
| $104M | 0.02% |
190,440
-81,570
| -30% | -$49.6M |
|
605
Southern Company
SO
$102B
| $104M | 0.02% |
1,600,003
+1,247,579
| +354% | +$86.6M |
|
606
CALL
Emerson Electric
EMR
$87.7B
| $103M | 0.02% |
1,070,600
+240,000
| +29% | +$22.9M |
|
607
CALL
Roblox
RBLX
$27.4B
| $102M | 0.02% |
3,531,400
-994,300
| -22% | -$33M |
|
608
PUT
Synopsys
SNPS
$76.2B
| $102M | 0.02% |
222,700
-27,200
| -11% | -$12.2M |
|
609
PUT
Comcast
CMCSA
$95.3B
| $102M | 0.02% |
2,304,000
-845,400
| -27% | -$37.7M |
|
610
PUT
Autodesk
ADSK
$53.6B
| $102M | 0.02% |
493,600
+20,000
| +4% | +$4.2M |
|
611
Thermo Fisher Scientific
TMO
$233B
| $102M | 0.02% |
201,620
-20,576
| -9% | -$11M |
|
612
PUT
Constellation Brands
STZ
$23.2B
| $102M | 0.02% |
405,300
+75,300
| +23% | +$19.7M |
|
613
CALL
Li Auto
LI
$12.8B
| $102M | 0.02% |
2,853,400
+133,800
| +5% | +$5.28M |
|
614
CALL
Digital Realty Trust
DLR
$70.5B
| $102M | 0.02% |
839,300
+180,600
| +27% | +$22.2M |
|
615
CALL
Affirm
AFRM
$25.8B
| $102M | 0.02% |
4,774,200
+1,895,300
| +66% | +$34.6M |
|
616
CALL
Enterprise Products Partners
EPD
$82.1B
| $101M | 0.02% |
3,696,600
+153,300
| +4% | +$4.1M |
|
617
CALL
US Bancorp
USB
$96.7B
| $100M | 0.02% |
3,034,500
+310,200
| +11% | +$11.3M |
|
618
PUT
Deckers Outdoor
DECK
$12.5B
| $100M | 0.02% |
1,168,800
-335,400
| -22% | -$30M |
|
619
Las Vegas Sands
LVS
$30.5B
| $100M | 0.02% |
2,181,028
-999,595
| -31% | -$54M |
|
620
PUT
EOG Resources
EOG
$80.3B
| $99.8M | 0.02% |
787,500
+68,600
| +10% | +$8.73M |
|
621
Delta Air Lines
DAL
$54.2B
| $99.7M | 0.02% |
2,693,657
+1,396,386
| +108% | +$60.6M |
|
622
CALL
Carvana
CVNA
$76.9B
| $99.5M | 0.02% |
11,855,500
+2,693,500
| +29% | +$23.2M |
|
623
Intuit
INTU
$100B
| $99.2M | 0.02% |
194,094
+50,017
| +35% | +$25.3M |
|
624
CALL
Clorox
CLX
$12.9B
| $99.1M | 0.02% |
756,100
+315,500
| +72% | +$47.9M |
|
625
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20B
| $98.9M | 0.02% |
5,239,600
-2,032,600
| -28% | -$46.6M |
|
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.