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 | |
|---|---|---|---|---|---|---|
726
Accenture
ACN
$113B
| $80.4M | 0.02% |
261,931
-19,795
| -7% | -$6.24M |
|
727
CALL
Microchip Technology
MCHP
$41.3B
| $80.4M | 0.02% |
1,030,300
+130,700
| +15% | +$10.9M |
|
728
PUT
D.R. Horton
DHI
$41.5B
| $80.4M | 0.02% |
748,200
-143,700
| -16% | -$17.2M |
|
729
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $80.4M | 0.02% |
1,177,500
+101,000
| +9% | +$7.08M |
|
730
PUT
SLB Ltd
SLB
$79.9B
| $80.2M | 0.02% |
1,375,200
+40,900
| +3% | +$2.37M |
|
731
CALL
Air Products & Chemicals
APD
$67.9B
| $79.7M | 0.02% |
281,300
+45,400
| +19% | +$13.3M |
|
732
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $79.6M | 0.02% |
785,193
+434,145
| +124% | +$46.5M |
|
|
XYZ
733
Block Inc
XYZ
$49.4B
| $79.6M | 0.02% |
1,798,353
-186,453
| -9% | -$11.5M |
|
734
CALL
Upstart Holdings
UPST
$2.95B
| $79.1M | 0.02% |
2,769,800
+562,100
| +25% | +$22.6M |
|
735
CALL
BHP
BHP
$246B
| $79M | 0.02% |
1,389,600
+37,200
| +3% | +$2.17M |
|
|
WBA
736
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $78.8M | 0.02% |
3,544,500
+427,800
| +14% | +$11.4M |
|
737
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $78.7M | 0.02% |
771,200
-240,400
| -24% | -$25.3M |
|
738
Blackrock
BLK
$179B
| $78.4M | 0.02% |
121,270
+53,843
| +80% | +$37.6M |
|
739
Union Pacific
UNP
$183B
| $78.1M | 0.02% |
383,770
+21,388
| +6% | +$4.66M |
|
740
PUT
C3.ai
AI
$1.6B
| $77.9M | 0.02% |
3,054,100
-454,800
| -13% | -$15.2M |
|
741
CALL
Align Technology
ALGN
$11.5B
| $77.9M | 0.02% |
255,200
-18,400
| -7% | -$6.36M |
|
742
CALL
Global Payments
GPN
$24.7B
| $77.8M | 0.02% |
674,600
+240,600
| +55% | +$28.6M |
|
743
CALL
LyondellBasell Industries
LYB
$21.8B
| $77.7M | 0.02% |
820,900
+168,200
| +26% | +$16.2M |
|
744
Constellation Energy
CEG
$96.7B
| $77.7M | 0.02% |
712,454
+264,065
| +59% | +$27.2M |
|
745
CALL
Old Dominion Freight Line
ODFL
$42.8B
| $77.1M | 0.02% |
376,800
+128,000
| +51% | +$25.9M |
|
746
CALL
Group 1 Automotive
GPI
$3.12B
| $77M | 0.02% |
286,700
+107,200
| +60% | +$28.1M |
|
|
747
CALL
D.R. Horton
DHI
$41.5B
| $77M | 0.02% |
716,200
-236,500
| -25% | -$28.3M |
|
748
PUT
Wayfair
W
$13.9B
| $76.9M | 0.02% |
1,270,200
+64,700
| +5% | +$4.5M |
|
749
PUT
APA Corp
APA
$15.2B
| $76.9M | 0.02% |
1,871,800
+50,500
| +3% | +$2.08M |
|
750
Sempra
SRE
$54.2B
| $76.9M | 0.02% |
1,130,281
+484,789
| +75% | +$35M |
|
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.