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 | |
|---|---|---|---|---|---|---|
651
PUT
Veeva Systems
VEEV
$40.3B
| $92.8M | 0.02% |
456,300
+117,500
| +35% | +$23.7M |
|
652
Caterpillar
CAT
$381B
| $92.7M | 0.02% |
339,668
+97,018
| +40% | +$26.3M |
|
653
CALL
APA Corp
APA
$15.2B
| $92.1M | 0.02% |
2,242,000
+365,200
| +19% | +$15M |
|
654
CALL
iShares Russell 1000 Growth ETF
IWF
$125B
| $92.1M | 0.02% |
1,385,600
+112,400
| +9% | +$7.76M |
|
655
CALL
CF Industries
CF
$19.6B
| $92.1M | 0.02% |
1,074,000
+354,900
| +49% | +$28M |
|
656
PUT
Warner Bros
WBD
$71.6B
| $92M | 0.02% |
8,473,800
+2,713,000
| +47% | +$33.9M |
|
657
PUT
Medtronic
MDT
$119B
| $91.8M | 0.02% |
1,172,100
-285,100
| -20% | -$23.9M |
|
658
CALL
Scorpio Tankers
STNG
$3.93B
| $91.7M | 0.02% |
1,694,100
+251,600
| +17% | +$12.3M |
|
659
CALL
XPeng
XPEV
$11.7B
| $91.6M | 0.02% |
4,991,400
+1,262,400
| +34% | +$21.4M |
|
660
PUT
Gilead Sciences
GILD
$181B
| $91.6M | 0.02% |
1,222,800
-59,500
| -5% | -$4.58M |
|
661
CALL
DexCom
DXCM
$34.8B
| $91.6M | 0.02% |
981,300
+280,600
| +40% | +$31.6M |
|
662
PUT
Alcoa
AA
$13.7B
| $91.5M | 0.02% |
3,149,600
-162,900
| -5% | -$5.11M |
|
663
Newmont
NEM
$139B
| $91.5M | 0.02% |
2,476,590
+159,238
| +7% | +$6.47M |
|
664
CALL
Kraft Heinz
KHC
$30.3B
| $90.7M | 0.02% |
2,696,600
+416,700
| +18% | +$14.4M |
|
665
CALL
Duke Energy
DUK
$93.4B
| $90.6M | 0.02% |
1,026,900
+186,000
| +22% | +$17.1M |
|
666
CALL
NXP Semiconductors
NXPI
$56.9B
| $90.6M | 0.02% |
453,000
+38,800
| +9% | +$8.03M |
|
667
IBM
IBM
$222B
| $90.2M | 0.02% |
642,891
-87,449
| -12% | -$12.4M |
|
668
ASML
ASML
$677B
| $90.1M | 0.02% |
153,088
+81,284
| +113% | +$54M |
|
669
PUT
Align Technology
ALGN
$11.5B
| $90M | 0.02% |
294,900
-8,300
| -3% | -$2.87M |
|
670
CALL
Fidelity National Information Services
FIS
$21.3B
| $90M | 0.02% |
1,627,800
+379,600
| +30% | +$21.8M |
|
671
CALL
SoFi Technologies
SOFI
$24.4B
| $89.8M | 0.02% |
11,244,000
-5,360,700
| -32% | -$47.1M |
|
672
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.46B
| $89.7M | 0.02% |
1,171,400
-3,130,300
| -73% | -$254M |
|
673
PUT
TransDigm Group
TDG
$66.4B
| $89.6M | 0.02% |
106,300
+4,900
| +5% | +$4.3M |
|
674
PUT
Hilton Worldwide
HLT
$73.5B
| $89.5M | 0.02% |
595,700
+97,400
| +20% | +$14.7M |
|
675
Waste Management
WM
$89.6B
| $89.4M | 0.02% |
586,241
+206,651
| +54% | +$33.4M |
|
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.