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 | |
|---|---|---|---|---|---|---|
626
Cisco
CSCO
$438B
| $98.9M | 0.02% |
1,838,776
+560,253
| +44% | +$30.2M |
|
627
PUT
TJX Companies
TJX
$155B
| $98.6M | 0.02% |
1,109,200
+288,800
| +35% | +$25.4M |
|
628
PUT
Snap
SNAP
$8.86B
| $98.3M | 0.02% |
11,033,100
+2,506,000
| +29% | +$26.2M |
|
|
X
629
PUT
DELISTED
US Steel
X
| $98.3M | 0.02% |
3,026,300
-376,100
| -11% | -$10.5M |
|
630
Walmart Inc
WMT
$825B
| $98.2M | 0.02% |
1,841,202
+199,713
| +12% | +$10.6M |
|
631
CALL
General Mills
GIS
$21.4B
| $98M | 0.02% |
1,530,900
-386,400
| -20% | -$27.3M |
|
632
PUT
Energy Transfer Partners
ET
$73B
| $97.9M | 0.02% |
6,975,200
+361,100
| +5% | +$4.79M |
|
633
CALL
Dollar Tree
DLTR
$25.3B
| $97.4M | 0.02% |
915,200
-437,900
| -32% | -$58.7M |
|
634
CALL
Expedia Group
EXPE
$38.6B
| $97.3M | 0.02% |
944,000
+347,700
| +58% | +$38.4M |
|
|
635
PUT
Dollar Tree
DLTR
$25.3B
| $97.1M | 0.02% |
912,500
-71,800
| -7% | -$9.62M |
|
636
PUT
Teck Resources
TECK
$33.9B
| $97M | 0.02% |
2,251,300
-20,400
| -0.9% | -$845K |
|
637
Comcast
CMCSA
$95.3B
| $97M | 0.02% |
2,186,906
-226,598
| -9% | -$10.1M |
|
638
PUT
Prudential Financial
PRU
$41.8B
| $96.7M | 0.02% |
1,019,400
-198,700
| -16% | -$18.8M |
|
639
PUT
Biogen
BIIB
$32B
| $95.6M | 0.02% |
372,000
-120,300
| -24% | -$32.2M |
|
640
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $95.2M | 0.02% |
1,291,359
+340,935
| +36% | +$25.5M |
|
641
PUT
Pinterest
PINS
$13.3B
| $95.1M | 0.02% |
3,520,100
-169,300
| -5% | -$4.62M |
|
642
CALL
Generac Holdings
GNRC
$12.2B
| $94.8M | 0.02% |
869,900
-220,600
| -20% | -$27.3M |
|
643
CALL
Sherwin-Williams
SHW
$84.1B
| $94.7M | 0.02% |
371,300
+15,800
| +4% | +$4.23M |
|
644
PUT
KraneShares CSI China Internet ETF
KWEB
$5.27B
| $94.5M | 0.02% |
3,453,100
+321,400
| +10% | +$9.14M |
|
645
CALL
Illumina
ILMN
$33.1B
| $94.3M | 0.02% |
706,339
+39,887
| +6% | +$6.56M |
|
646
Linde
LIN
$225B
| $94.3M | 0.02% |
253,218
+54,515
| +27% | +$20.7M |
|
647
CALL
Constellation Brands
STZ
$23.2B
| $93.8M | 0.02% |
373,200
-78,300
| -17% | -$20.4M |
|
648
PUT
Sarepta Therapeutics
SRPT
$1.98B
| $93.5M | 0.02% |
771,100
-358,300
| -32% | -$40.5M |
|
649
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $93.3M | 0.02% |
1,356,400
-392,800
| -22% | -$28.7M |
|
650
CALL
Darden Restaurants
DRI
$25.2B
| $93.2M | 0.02% |
650,700
+56,800
| +10% | +$9.01M |
|
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.