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 | |
|---|---|---|---|---|---|---|
676
Lockheed Martin
LMT
$130B
| $89.3M | 0.02% |
218,303
+110,959
| +103% | +$49.2M |
|
677
PUT
Wingstop
WING
$3.14B
| $89.1M | 0.02% |
495,700
+91,500
| +23% | +$15.8M |
|
678
PUT
Capital One
COF
$134B
| $89.1M | 0.02% |
917,800
-274,700
| -23% | -$29.4M |
|
679
CALL
C3.ai
AI
$1.6B
| $88.9M | 0.02% |
3,485,500
+1,002,200
| +40% | +$33.5M |
|
680
ServiceNow
NOW
$133B
| $88.9M | 0.02% |
795,540
+21,160
| +3% | +$2.41M |
|
681
CALL
Advance Auto Parts
AAP
$2.57B
| $88.9M | 0.02% |
1,590,100
+881,600
| +124% | +$59.1M |
|
682
PUT
Hershey
HSY
$37.5B
| $88.9M | 0.02% |
444,200
+97,000
| +28% | +$21.7M |
|
683
CALL
eBay
EBAY
$46.3B
| $88.6M | 0.02% |
2,009,400
+298,400
| +17% | +$13.3M |
|
684
Occidental Petroleum
OXY
$61.3B
| $88.5M | 0.02% |
1,364,141
-463,897
| -25% | -$29.2M |
|
685
PUT
Twilio
TWLO
$34.6B
| $88.5M | 0.02% |
1,511,700
-435,300
| -22% | -$27.1M |
|
686
CALL
W.W. Grainger
GWW
$61.8B
| $88.2M | 0.02% |
127,500
+67,200
| +111% | +$48.6M |
|
687
CALL
EQT Corp
EQT
$33.6B
| $87.9M | 0.02% |
2,166,400
-214,700
| -9% | -$8.89M |
|
688
CALL
Teck Resources
TECK
$33.9B
| $87.1M | 0.02% |
2,021,500
-1,115,600
| -36% | -$46.2M |
|
689
EOG Resources
EOG
$80.3B
| $87.1M | 0.02% |
686,801
-17,800
| -3% | -$2.26M |
|
690
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.8B
| $86.9M | 0.02% |
948,900
+443,800
| +88% | +$41.9M |
|
691
PUT
Digital Realty Trust
DLR
$70.5B
| $86.8M | 0.02% |
717,400
+105,500
| +17% | +$13M |
|
692
PUT
Builders FirstSource
BLDR
$7.55B
| $86.8M | 0.02% |
697,300
+85,900
| +14% | +$11.9M |
|
693
CALL
Oneok
OKE
$58.8B
| $86.6M | 0.02% |
1,365,800
+734,200
| +116% | +$47.9M |
|
|
FISV
694
CALL
Fiserv Inc
FISV
$28B
| $86.2M | 0.02% |
762,900
-249,600
| -25% | -$30.7M |
|
695
CALL
Aflac
AFL
$58.2B
| $86.2M | 0.02% |
1,122,700
-59,100
| -5% | -$4.39M |
|
696
PUT
Microchip Technology
MCHP
$41.3B
| $86.2M | 0.02% |
1,103,800
+5,400
| +0.5% | +$452K |
|
697
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $85.7M | 0.02% |
1,045,334
+817,776
| +359% | +$70.1M |
|
698
Cleveland-Cliffs
CLF
$6.43B
| $85.5M | 0.02% |
5,472,863
+1,783,641
| +48% | +$27.8M |
|
699
CALL
Kimberly-Clark
KMB
$36.4B
| $85.5M | 0.02% |
707,100
-52,800
| -7% | -$6.82M |
|
700
PUT
Crocs
CROX
$5.85B
| $85.3M | 0.02% |
967,200
+62,000
| +7% | +$6.37M |
|
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.